4236 235Th St | Image 1
New
4236 235Th St | Image 2
4236 235Th St | Image 3
4236 235Th St | Image 4
4236 235Th St | Image 5
4236 235Th St | Image 6
4236 235Th St | Image 7

$2,550,000

For Sale

4 days ago

4236 235Th St, Little Neck, NY

House

MLS® 1015839

0 Bed

0 Bath

--

--

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage 
Taxes $15,558
Days Active 4
Lot Size 0.1905 Acres
Approx. Age 1968
MLS® Number 1015839

Property Address: 4236 235th St, Little Neck, NY, 11363-1574

Average square foot calculated using Size range provided by listing agent.

Description

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 100-amp service (lower level) entirely eliminates initial capex. * Prime Location: Unbeatable convenience with a 92/100 Transit Score and 96 Walk Score. Just seconds from the Douglaston LIRR station for a rapid commute to Manhattan. * Low Risk, High Reward: Capitalize on below-market in-place cap rates with the security of a national anchor tenant, while planning your 5-unit residential expansion. * Situated in a great neighborhood with a median household income over avarage , right by the train station to Manhattan *** Please note that some photos were digitally altered ***
MLS® Number1015839
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1968
BasementFinished, Full
DrivewayOn Street
Garage Spaces
HeatNatural Gas
A/CWall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 19, 2026List Date
$2,550,000List Price
  • Commute

Commute

Starting Address
Destination Address
4236 235Th St, Little Neck, NY

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties