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12409 18th Avenue, College Point, NY, 11356 $1,490,000

Warehouse Commercial  

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Front of Structure Other Other Other Office
 

Details ML#: 930002  

  • Sale or Rent:Sale
  • Year Built: 1961
  • Taxes: $19,075
  • Status:Active

Description

Located near Flushing, in the heart of College Point, this income-producing property features two functional warehouse units.The first unit — approximately 1, 200 square feet — is currently leased to a fabric goods distributor. The second, about 2, 000 square feet, operates as a refrigerated goods warehouse and active business space.Together, they generate a solid annual rental income of around $87, 000, with total yearly expenses of approximately $28, 000.This property offers steady cash flow, flexible usage, and a prime Queens location, making it an excellent investment opportunity for those seeking long-term stability and growth.

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Property Features

Lot Size: 0.0987   Lot Sq Ft: 4300  

Appliances & Utilities

Heat: Hot Air   A/C: Ductless   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $19,075  

Listing Information provided courtesy of RE/MAX Frontier  718-224-2900
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