Flushing R6 Development
139-03 Franklin Avenue, Flushing, NY 11355
New
MULTI_FAMILY - Colonial - Flushing, NY
Property size:
1,176 SFLot size:
0.09 AcresPrice / SF:
$3,571/SF- Added:
- May 27, 2026
- Days on Market:
- 2
- Last Refresh:
- May 28 at 12:06 am
Property Features for 139-03 Franklin Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 3
- Parking features
- Driveway
- Interior features
- First Floor Full Bath
- Basement
- Full
- Standard status
- Active
- APN
- 05135-0042
- Size
- 1,176 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13952
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Baseboard, Natural Gas
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1960
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Colonial
Listing agent James S. Powers License #31PO0764530 (718) 460-1943
Listing office Tapestry Real Estate of Queens 199-17 32nd Ave, Flushing, NY (718) 460-1943
Listing date May 27, 2026
MLS# 1002922
Listing URL
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.
HighLights
- Prime Flushing R6 development opportunity with potential for approximately 11,745 buildable sq. ft. based on a 3.0 FAR (buyer to verify).
- Excellent location near Kissena Boulevard, Main Street, transportation, shopping, schools, and neighborhood conveniences.
- Spacious two‑family home with a strong six‑over‑six layout and a legitimate recreation level.
- R6 zoning with recent City of Yes zoning modifications potentially enhancing development considerations.
- Each main apartment is approximately 1,176 sq. ft. with south‑facing balconies on upper levels.
- Full basement with access from both the rear and interior hallway.
Overview
This property presents a development opportunity in Flushing, situated on a 29' x 135' lot. The existing building is a two-family home with a six-over-six layout, plus a recreation, walk-in level featuring a living room, kitchen, two bedrooms, and bath. A full basement with access from both the rear and interior hallway is present. Each main apartment measures approximately 21' x 56', offering about 1,176 sq. ft. per level. The first floor provides a two-bedroom layout; the second and third floors offer three bedrooms and two baths. Both upper apartments feature south-facing balconies. The property is zoned R6. 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. The location offers proximity to Kissena Boulevard, Main Street, transportation, shopping, schools, and neighborhood conveniences. This property is suitable for builders, investors, or end-users seeking existing use with future development potential in Flushing.
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Flushing
- County
- Queens
- State
- New York
- Longitude
- -73.825526
- Latitude
- 40.755402
Nearby Similar for Sale
FAQs
What type of property is this?
Residential land & home lot - Development opportunity near Kissena Boulevard, Main Street, transportation, and shopping.
Where is this residential land & home lot located?
The property is located at 139-03 Franklin Avenue Flushing, NY.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Prime Flushing R6 development opportunity with potential for approximately 11,745 buildable sq. ft. based on a 3.0 FAR (buyer to verify).; Excellent location near Kissena Boulevard, Main Street, transportation, shopping, schools, and neighborhood conveniences.; Spacious two‑family home with a strong six‑over‑six layout and a legitimate recreation level.
