Duplex with Redevelopment
For Sale
$3,800,000
139-03 Franklin Avenue, Flushing, NY 11355
Residential Income, Flushing, NY
Property SizeContact for details
Lot Size0.09 Acres
Days on Market96
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
Basement, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 7, Bathroom 4, Bathroom 5, Bathroom 1, Bedroom 5, Bedroom 8, Bedroom 1, Bathroom 2
Parking
3
Parking features
Driveway
Interior features
First Floor Full Bath
Exterior features
Balcony
Fencing
Chain Link
Basement
Walk-Out Access, Finished, Full
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
Hot Water(Heating), Natural Gas, Baseboard
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
private terrace
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 20
Last Checked: Aug 30 at 5:06PM
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.
This brick duplex, built in 1960, contains two residential units with approximately 1,200 square feet of living space per unit. Each residence includes three bedrooms, two baths, and a private terrace. The property also offers a first-floor recreation level, a full bath, driveway parking, public water, and public sewer. Heating is provided by hot water, natural gas, and baseboard systems, with wall or window air-conditioning units.
Located in Flushing, the property occupies 0.0899 acres within an R6 zoning district. Both units are intended to be delivered vacant at closing, allowing an owner to determine the preferred occupancy or renovation approach. The existing configuration may also be evaluated alongside the stated community facility development potential, including possible use of the recreation level and consideration of horizontal enlargement.
Located in Flushing, the property occupies 0.0899 acres within an R6 zoning district. Both units are intended to be delivered vacant at closing, allowing an owner to determine the preferred occupancy or renovation approach. The existing configuration may also be evaluated alongside the stated community facility development potential, including possible use of the recreation level and consideration of horizontal enlargement.
Key Highlights
- R6 zoning district with community facility development potential
- Two residential units, each with approximately 1,200 square feet
- Each unit includes three bedrooms, two baths, and a private terrace
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
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 - Vacant units provide flexibility for occupancy, renovation, income generation, or future planning.
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 district with community facility development potential; Two residential units, each with approximately 1,200 square feet; Each unit includes three bedrooms, two baths, and a private terrace
