Ad #7787350
MLS #1015839
A defining moment in Douglaston's evolution. Welcome to 42-36
4236 235th St, Douglaston, NY 11363
$2,550,000
--Beds
--Baths
--Sqft
0.19Acres
About this property
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 ***
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1968
0.19 Acres
On Street
Siding: Brick
Natural Gas
$15,558 / yr property tax
Queens County
Additional Photos
Contact Information
Marek Sobolewski
Trademarko Realty Inc.
718-710-8170
Location
Listing Agent: Marek Sobolewski 718-710-8170
Broker: Trademarko Realty Inc. 347-647-6397 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Trademarko Realty Inc. 347-647-6397 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$2,550,000
--
Beds
--
Baths
--
Sqft
4236 235th St, Douglaston, NY 11363
By contacting this agent you agree to these Terms and Conditions.
MLS# 1015839
A defining moment in Douglaston's evolution. Welcome to 42-36
$2,550,000
4236 235th St, Douglaston, NY 11363
--
Beds
--
Baths
--
Sqft
0.19
Acres
$2,550,000
4236 235th St, Douglaston, NY 11363
-- Beds
-- Baths
-- Sqft
0.19 Acres
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 ***
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1968
0.19 Acres
EXTERIOR
On Street
Siding: Brick
INTERIOR
Natural Gas
FINANCIAL & COMMUNITY
$15,558 / yr property tax
Queens County
See More Details
Location
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Ad Statistics
Ad Number
7787350
Viewed
0 time
Listing Status
Active
Added
Jun 23, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
OneKey MLS
Source Property ID
1015839
Listing Agent: Marek Sobolewski 718-710-8170
Broker: Trademarko Realty Inc. 347-647-6397 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Trademarko Realty Inc. 347-647-6397 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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