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139-01 Franklin Avenue, Flushing, NY 11355

$2,980,000

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LOT SIZE 0.065 acres MLS#957511

STATUSActive PROPERTY TYPELand - Residential SCHOOLContact Agent

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Property Description

Prime Development Opportunity - Flushing, QueensRare offering of a 21' x 135' extra-deep lot located on Franklin Ave between Main St and Kissena Blvd, one of the most sought-after corridors in Flushing.Zoned R6, this property offers excellent development flexibility:Up to 3.0 FAR for standard residential developmentUp to 4.8 FAR for residential and community facility useAdditional bonus FAR available for affordable housing (Inclusionary Housing Program)The lot's exceptional depth (135 ft) provides a highly efficient layout for developers, allowing for better unit mix, light, and design flexibility.Situated in a prime, high-demand location just minutes from Main Street's transportation hub, shopping, restaurants, and schools, this site is ideal for:Residential rental developmentCondo projectsCommunity facility (medical, educational, etc.)Affordable housing with maximum buildable potentialStrong upside potential in one of Queens' most active and resilient markets.

139-01 Franklin Avenue | MLS# 957511

This land located at 139-01 Franklin Avenue, Flushing, NY 11355 is currently listed for sale with an asking price of $2,980,000. The property has approximately 0.07 Acres. 139-01 Franklin Avenue is located within the Contact Agent school district. Search Flushing real estate on www.laffey.com today.

Property Features

Property Type: Land - Residential

Lot Size: 0.07 Acres

Taxes: $14,172

Feature Descriptions

Current Use: Multi-Family

Days on Site: 124

Lot Dimensions: 21x135

On Market Date: 2026-02-03

Parcel Number: 05135-0043

Rental Term: Monthly

Sewer: Public Sewer

Local Schools

High School: Contact Agent

Elementary School: Contact Agent

School District: Contact Agent

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55 Northern Blvd
Greenvale, NY 11548

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139-01 Franklin Avenue, Flushing, NY 11355

Property Description

139-01 Franklin Avenue | MLS# 957511

Property Features

Feature Descriptions

Local Schools

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139-01 Franklin Avenue, Flushing, NY 11355

139-01 Franklin Avenue, Flushing, NY 11355

Property Description

139-01 Franklin Avenue | MLS# 957511

Property Features

Feature Descriptions

Local Schools

TOUR THIS HOME

Estimate Your Payment

Change Payment Information

Listed By / Shown By

139-01 Franklin Avenue, Flushing, NY 11355

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