14-24 118th Street
Rare opportunity for a contractor or service business to own a fully built-out warehouse + office
Marketing description
Rare opportunity for a contractor or service business to own a fully built-out warehouse + office in College Point after 50+ years of proven use. Industrial Warehouse building with over 6,000+-SqFt in sought-after College Point. There is a huge warehouse with approximately 3,000+-SqFt with double swing doors for loading/unloading ease. There are 2 office/mezzanines on each side of warehouse. One side (can be rented out separately) consists of space that is configured to 3 offices and 1 existing bathroom. The other side has a welcoming lobby, reception area with multiple workspaces, another private office and a conference room/flex/office space along with 3 bathrooms. Upstairs consists of 3 HUGE offices, made for large desks (Drafting/Blueprints etc.). Conveniently located near major thoroughfares including the Whitestone Expressway, Van Wyck Expressway, and minutes from LaGuardia Airport, the property ensures excellent accessibility for clients, employees, and deliveries. Zoned for industrial use, with potential for office build-out and mezzanine storage, this building is a rare find in a prime location.
Investment highlights
- Ideal setup for contractors, service businesses, or trades
- Strong rental potential in the $12K–$14K/month range
- Opportunity to own vs lease in a tight industrial market
- Potential for end-use with a 3 office Rental for extra income
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