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Financial
Distress signals
Property profile

4029 235Th St Little Neck, NY 11363

FOR LEASE
Office buildings
Property ID
US63-2357485
7,073 SF 0.23 ac lot Built 1935
Last sale Jul 2018 · $1,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This newly constructed, ground-level retail storefront is located in Douglaston, Queens, New York and provides approximately 2,000 square feet of interior space. The building features floor-to-ceiling windows for natural light and is configured as an ADA-compliant space. The unit includes two restrooms and motion-sensor lighting. Parking is provided, and the location is within walking distance of the LIRR Douglaston train line.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$77k
Tax billed · 2024
Assessed value$736k
Assessed land$228k
Assessed improvement$509k
Effective rate10.43%

Value estimate

· Oct 2026
$2.75M
$2.47M – $3.02M
CAP approach$3.82M
NOI build-up
Gross scheduled income$101k
Vacancy & credit loss−$13k
Operating expenses−$22k
NOI · 954.32% cap applied$66k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$681/SF
Submarket average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$402 – $1,529
Qualifying comparables10

Cap rate analysis

How does the asset earn?
954.32%
$66k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R1-2
This district is designed for the highest residential densities, often in the most urbanized areas with premium transportation and commun...
General categoryRESIDENTIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility16.4
Grocery Store13.7
Barber Shop12.8

Location

4029 235Th St Little Neck, NY 11363
County assessor Recorded deeds · 4 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4224 235th, Flushing, NY 11363-1525 $1,800,000 Jun 2024 3,360 SF
4427 Douglaston, Flushing, NY 11363-1843 $1,450,000 Mar 2019 1,260 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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