Brick Colonial Duplex with Private
For Sale
$3,800,000
139-03 Franklin Avenue, Flushing, NY 11355
MULTI_FAMILY - Colonial - Flushing, NY
Property SizeContact for details
Lot Size0.09 Acres
Days on Market76
Property Features for 139-03 Franklin Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
8
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 6, Basement, Bedroom 2, Bathroom 5, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 8, Bedroom 5, Bedroom 7, Bathroom 3, Bedroom 4
Parking
3
Parking features
Driveway
Interior features
First Floor Full Bath
Exterior features
Balcony
Fencing
Chain Link
Basement
Walk-Out Access, Full, Finished
Elementary school
Ps 184 Flushing Manor
Middle school
Is 237
High school
Flushing High School
Elementary school district
Queens 25
Middle school district
Queens 25
High school district
Queens 25
Directions
Google Maps.
Standard status
Active
APN
05135-0042
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
13952
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard, Hot Water(Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
private terrace
recreation level
Building Details
Year built
1960
Number of units
2
Building materials
Brick
Architectural style
Colonial
Listing Agency:
Tapestry Real Estate of Queens
(718) 460-1943
Listed By:
James S. Powers · License #31PO0764530
(718) 460-1943
Added: May 27
Changed: Aug 1
Last Checked: Aug 10 at 10:06AM
MLS# 1002922
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Brick Colonial duplex on Franklin Avenue in Flushing, NY, built in 1960 and set on a 0.0899-acre lot. The property currently includes two residential units, each with approximately 1,200 square feet of living space, three bedrooms, two baths, and a private terrace. Both units are scheduled to be delivered vacant at closing, allowing flexibility for occupancy, renovation, income generation, or future redevelopment.
The first-floor recreation level offers an opportunity for conversion to community facility use, while the upper residential floors may be retained, reconfigured, or incorporated into a broader redevelopment plan. This asset is particularly aligned with qualifying community facility users such as adult day care providers, child care and early education programs, senior service organizations, social service agencies, counseling and wellness centers, educational programs, religious institutions, and other qualifying community facility uses. R6 zoning may support community facility development potential.
The duplex is equipped with natural gas heating with baseboard and hot water systems, and wall/window unit cooling. Public water and public sewer are in place, and parking is provided via a driveway. Exterior fencing is chain link, and the property features a balcony.
The first-floor recreation level offers an opportunity for conversion to community facility use, while the upper residential floors may be retained, reconfigured, or incorporated into a broader redevelopment plan. This asset is particularly aligned with qualifying community facility users such as adult day care providers, child care and early education programs, senior service organizations, social service agencies, counseling and wellness centers, educational programs, religious institutions, and other qualifying community facility uses. R6 zoning may support community facility development potential.
The duplex is equipped with natural gas heating with baseboard and hot water systems, and wall/window unit cooling. Public water and public sewer are in place, and parking is provided via a driveway. Exterior fencing is chain link, and the property features a balcony.
Key Highlights
- R6 zoning with community facility development potential
- Two residential units delivered vacant at closing, each approx 1,200 SF with three bedrooms and two baths
- Private terrace for each unit plus a balcony
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10,398
Businesses Nearby
Explore this area
Business Placement
Demographics for 11355, NY
89,465
Population
32,049
Households
2.8
Avg Household Size
44
Median Age
24%
College-Educated
70%
High-School Grad
1.7 sq mi
ZIP Area
52,626
Density / Sq Mi
$53,700
Median Household Income
$31,166
Median Earnings
$1,664
Median Rent
$711,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex in an R6 zoning district with two vacant residential units and private outdoor space, delivered vacant at closing.
Where is this duplex located?
The property is located at 139-03 Franklin Avenue Flushing, NY.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: R6 zoning with community facility development potential; Two residential units delivered vacant at closing, each approx 1,200 SF with three bedrooms and two baths; Private terrace for each unit plus a balcony
