4236 235th Street, Douglaston, NY 11363

Building Details

Year Built

1968

Listing office Trademarko Realty Inc Show Phone

Listing date Jul 2, 2026

Source Iaquintarealestate

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Overview

42-36 235th Street is a mixed-use building with ground-floor commercial space and a spacious lower level. The ground floor is leased to a large national chain tenant through October 2027, while the lower level is entirely vacant and available for immediate occupancy. The property also includes recently upgraded electrical service, featuring a brand-new 2025 400-amp 3-phase commercial service and a 100-amp service for the lower level.

The site sits on an 8,167 SF lot and is positioned for commuter access, with a 92/100 Transit Score and 96 Walk Score. The property is described as just seconds from the Douglaston LIRR station, providing convenient service to Manhattan.

This configuration can suit an owner-user who wants stable, in-place income from the leased retail space while moving into or redeveloping the vacant lower level. It may also appeal to developers, as the provided materials include a preliminary zoning analysis indicating an as-of-right vertical expansion that would add two additional residential floors and increase the total by five dwelling units over the existing retail structure.

Suggested Use

Law Firm Hair Salon Auto Repair Shop Building Supply Big Box & Wholesale Store Hotel & Motel Gym & Fitness Center Auto Parts Store Restaurant Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Douglaston

County

Queens

State

New York

Longitude

-73.748368

Latitude

40.767479

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FAQs

What type of property is this?

Mixed-use property - Leased ground-floor retail with a fully vacant lower level, plus updated power and planned vertical residential expansion.

Where is this mixed-use property located?

The property is located at 4236 235th Street Douglaston, NY.

What is the lease rate?

The lease rate is $2,550,000.

What are key features of this property?

This property features: Mixed‑use property built in 1968 on an 8,167 SF lot; Leased ground‑floor commercial space with a large national chain tenant through October 2027; Entire lower level is fully vacant and ready for occupancy or re‑leasing