139-03 Franklin Ave

Flushing, NY 11355
  • $4,200,000

    Price
  • 8

    Bed
  • 5

    Bath
  • 0

    SqFt

About the Listing TREQ01 - 9028997

Prime Flushing R6 Development opportunity on a 29' x 135' lot near Kissena Boulevard, Main Street, transportation, shopping, schools, and neighborhood conveniences. Existing building is a spacious two-family with a strong six-over-six layout, plus a legitimate recreation, walk-in level featuring a living room, kitchen, two bedrooms, and bath. Full basement with access from both the rear and interior hallway. Each main apartment measures approximately 21' x 56', offering about 1,176 sq. ft. per level. The first floor provides a legitimate two-bedroom layout; the second and third floors offer three bedrooms and two baths. Both upper apartments feature south-facing balconies. R6 zoning, together with recent City of Yes zoning modifications, may enhance multiple development considerations, including allowable floor area, parking flexibility, unit planning, and overall site efficiency. Based on a 3.0 FAR, the property indicates approximately 11,745 buildable sq. ft., subject to buyer’s independent verification with an architect/zoning professional. Excellent opportunity for builders, investors, or end-users seeking strong existing use with expanded future development potential in a high-demand Flushing location.

Listing Highlights

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 1002922
Year Built 1960
Total Square Footage 0
Lot/Acreage 0.09
County Queens
School District Queens 25
Elementary School Ps 184 Flushing Manor
Middle School Is 237
High School Flushing High School

Interior Details

  • Bedrooms: 8
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Baseboard,Hot Water,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full,Walk-Out Access
  • Other: First Floor Full Bath
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Parking Spaces: 3
  • Lot Dimensions: 29X135
  • Roof:
  • Others: Balcony
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: $13,952
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 05135-0042
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

139-03 Franklin Ave Flushing, NY 11355

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: onekey2

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way