4236 235th Street, Douglaston, NY 11363

Douglaston
Local realty services provided by:Better Homes and Gardens Real Estate Dream Properties
4236 235th Street,Douglaston, NY 11363
$2,350,000
  • - Beds
  • - Baths
  • 1,600 sq. ft.
  • Multi-family
  • Active
Listed by: marek sobolewski
Office: trademarko realty inc
MLS#:1015839
Source:OneKey MLS

Price summary

  • Price:$2,350,000
  • Price per sq. ft.:$1,468.75

About this home

A defining moment in Douglaston's evolution. Welcome to 42-36 235th Street—an exceptional mixed-use property offering the perfect blend of stabilized income and massive development upside on a prominent 8,167 SF lot. This property is ideal for an owner-user or a savvy developer. The ground-floor commercial space provides strong, reliable cash flow via a with a large national chain tenant through October 2027. Meanwhile, the spacious lower level is entirely vacant and ready for immediate occupancy—perfect for an owner-operator's business, or capable of being re-leased at an estimated $3,500/month. For the visionary developer, the property comes with a preliminary zoning analysis detailing an as-of-right vertical expansion. Without the need for a lengthy rezoning process, an incoming buyer can build two additional residential floors (adding 5 dwelling units) over the existing retail structure. Key Features: * Upgraded Power: Brand-new (2025) 400-amp 3-phase service (commercial) and...

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Home facts

  • Year built:1968
  • Listing ID #:1015839
  • Added:37 day(s) ago
  • Updated:July 27, 2026 at 10:52 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Finished, Full
  • Living area:1,600 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1968
  • Building area:1,600 sq. ft.
  • Lot area:0.19 Acres
  • Construction Materials:Brick

Schools

  • High school:Benjamin N Cardozo High School
  • Middle school:Jhs 67 Louis Pasteur
  • Elementary school:Ps 98 Douglaston School

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$2,350,000
  • Price per sq. ft.:$1,468.75
  • Tax amount:$15,558 (2025)

Features and amenities

  • Amenities:Storage

Parking

  • Parking description:On Street
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