Dev Patel
BEDS6
BATHS4 full
MLS#1032001
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLQueens 26
Property Description
Excellent Mixed-Use Investment Opportunity in the Heart of Douglaston! This well-maintained three-story mixed-use property features a professional office on the first floor and basement, plus two spacious residential units above. The second floor offers 3 bedrooms and 2 full bathrooms, while the third floor features 3 bedrooms and 1.5 bathrooms. Building size is approximately 20' x 52' (3,120 SF) situated on an exceptionally deep 20' x 258' lot (approximately 5,160 SF). Built in 1970 with annual property taxes of approximately $7,818. Property is equipped with 5 separate electric meters and 3 gas meters. Conveniently located in School District 26, close to the LIRR, Northern Boulevard, Cross Island Parkway, shopping, restaurants, and transportation. Excellent opportunity for investors, owner-users, 1031 exchange buyers, or long-term investment. A Must See.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Cooling: Multi Units
Heating: Natural Gas
Taxes: $7,817
Year Built: 1970
Amenities
Eat-in Kitchen
Formal Dining
Open Floorplan
Feature Descriptions
Building Area Total: 3120
Cap Rate: 11577
Days on Site: 17
Exterior: Brick
Formal Dining: Yes
Heating Units: 1
On Market Date: 2026-08-08
Parking Features: Driveway
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 3
Separate Gas Meters: 3
Sewer: Public Sewer
Units: 3
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: Benjamin N Cardozo High School
Middle School: Jhs 67 Louis Pasteur
Elementary School: Ps 98 Douglaston School
School District: Queens 26
Listed By / Shown By
Listing By
Agency Name: Prime Realty
Agency Contact: 718-229-2922
Shown By
Agent Name: Dev Patel
Agent Phone: (631) 480-6651
Agency Title: Howard Hanna | Coach Realtors
Estimate Your Payment
Estimated Payment
$ 9,310.24 per month $8,108.15 Principal & Interest $651.42 Property Tax $550.67 Homeowner's InsuranceChange Payment Information
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42-18 235 Street | MLS# 1032001
This multi-family property located at 42-18 235 Street, Douglaston, NY 11363 is currently listed for sale with an asking price of $1,888,000. 42-18 235 Street is located within the Queens 26 school district. Search Douglaston real estate on dpatel.coachrealtors.com today.