Search
Two-Unit Residential Property
For Sale
$3,800,000

139-03 Franklin Avenue, Flushing, NY 11355

Both residences will be delivered vacant, supporting immediate occupancy, renovation, or future planning flexibility.

Property Size3,339 SF
Days on Market71

Property Features for 139-03 Franklin Avenue

General Information

Standard status Active
Size 3,339 SF
Property subtype Triplex
Zoning R6

Taxes and HOA fees

Annual Taxes $13,952

Amenities

private terrace
first-floor recreation level

Building Details

Building Size 3,339 SF
Year Built 1960
Listing Agency: Tapestry Real Estate of Queens
Listed By: James S. Powers · License #31PO0764530
Source: Barbieliteam
Added: May 27 Changed: Aug 2 Last Checked: Aug 4 at 8:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tapestry Real Estate of Queens

Investment Insights

Based on property information with market context.

Built in 1960, this two-unit residential property includes approximately 1,200 square feet per residence. Each unit has three bedrooms, two baths, and a private terrace, providing a consistent configuration across both dwellings. The units will be vacant at closing, allowing the next owner to determine the preferred occupancy or renovation strategy.

The property is located in the R6 zoning district and includes a first-floor recreation level that may support exploration of community facility use. The upper residential floors can be retained or reconfigured as part of a future plan, subject to applicable approvals. The Franklin Avenue address is in Flushing, NY.

Key Highlights

  • Two residential units, each with approximately 1,200 square feet
  • Both units offer three bedrooms, two baths, and a private terrace
  • Delivered vacant at closing

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Veterinary Clinic Pet Grooming Service Restaurant Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

10,398
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Both residences will be delivered vacant, supporting immediate occupancy, renovation, or future planning flexibility.
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: Two residential units, each with approximately 1,200 square feet; Both units offer three bedrooms, two baths, and a private terrace; Delivered vacant at closing
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message