New York, NY 11356

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.10 Acres

Financials

Price:$1,490,000
Annual Taxes:$19,075.16
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of RE/MAX Frontier

Located near Flushing, in the heart of College Point, this income producing property features two functional warehouse units.

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.

Amenities

  • Electricity Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.