139-03 Franklin Avenue, Flushing, NY, 11355
8 beds
5 Full baths
1960
Colonial
Unique redevelopment opportunity in an R6 zoning district with substantial Community Facility development potential. The property currently features two residential units, each offering approximately 1,200 square feet of living space with three bedrooms, two baths, and a private terrace. Both units will be delivered vacant at closing, providing immediate flexibility for occupancy, renovation, income generation, or future redevelopment. The existing first-floor recreation level presents an attractive opportunity for conversion to community facility use, while the upper residential floors may be retained, reconfigured, or incorporated into a broader redevelopment plan. Purchasers may wish to explore the potential for a significant horizontal enlargement, creating a unique mixed-use configuration that combines community facility space with residential occupancy. Particularly well suited for 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 users. Exceptional Flushing location offering long-term value and redevelopment potential.
Status:
Active
Type:
Single-family residential
Units:
2
Heating:
Baseboard, Hot Water, Natural Gas
Cooling:
Wall/Window Unit(s)
Basement:
Finished, Full, Walk-Out Access
Parking:
3-car, Driveway
Acreage:
0.09
Est. Taxes:
$13,952
Assessment
$128,640
Construction
Brick
Utilities
Electricity Connected, Natural Gas Connected
Elementary School:
Ps 184 Flushing Manor
Middle School:
Is 237
High School:
Flushing High School
School District:
Community District 25
Days on Market:
42
MLS #:
1002922
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Tapestry Real Estate of Queens 718-460-1943