139-03 Franklin Avenue Flushing, NY 11355
MULTI_FAMILY - Colonial - Flushing, NY
- Added:
- May 27, 2026
- Days on Market:
- 47
- Last Refresh:
- Jul 12 at 4:06 am
Property Features for 139-03 Franklin Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 5
- Rooms
- Basement, Bathroom 5, Bedroom 8, Bathroom 2, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 7, Bedroom 3, Bedroom 5, Bathroom 4, Bathroom 1, Bedroom 1
- Parking
- 3
- Parking features
- Driveway
- Interior features
- First Floor Full Bath
- Exterior features
- Balcony
- Fencing
- Chain Link
- Basement
- Finished, Walk-Out Access, Full
- 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, Hot Water(Heating), Baseboard
- 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
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.
A key component of the property is the existing first-floor recreation level, which the offering describes as an opportunity for conversion to community facility use. The upper residential floors may be retained, reconfigured, or incorporated into a broader redevelopment plan. The remarks also note potential for significant horizontal enlargement to create a mixed-use configuration combining community facility space with residential occupancy.
The property is described as particularly well suited for adult day care, child care and early education, senior service organizations, social service agencies, counseling and wellness centers, educational programs, religious institutions, and other qualifying community facility users.
Key Highlights
- R6 zoning district redevelopment opportunity with two residential units, delivered vacant at closing
- Each unit offers approximately 1,200 SF with 3 bedrooms and 2 baths
- Private terrace included for each unit
