Price Reduced 21.58%
Price History
$3,800,000
2/3/2026
$3,300,000
3/19/2026
$2,980,000
4/8/2026
139-01 Franklin Avenue, Flushing, NY, 11355
Prime Development Opportunity – Flushing, Queens Rare offering of a 21' x 135' extra-deep lot located on Franklin Ave between Main St and Kissena Blvd, one of the most sought-after corridors in Flushing. Zoned R6, this property offers excellent development flexibility: Up to 3.0 FAR for standard residential development Up to 4.8 FAR for residential and community facility use Additional bonus FAR available for affordable housing (Inclusionary Housing Program) The lot’s exceptional depth (135 ft) provides a highly efficient layout for developers, allowing for better unit mix, light, and design flexibility. Situated in a prime, high-demand location just minutes from Main Street’s transportation hub, shopping, restaurants, and schools, this site is ideal for: Residential rental development Condo projects Community facility (medical, educational, etc.) Affordable housing with maximum buildable potential Strong upside potential in one of Queens’ most active and resilient markets.
Status:
Active
Type:
Lot / Acreage
Acreage:
0.07
Est. Taxes:
$14,172
Current Use
Multi-Family
Elementary School:
Contact Agent
Middle School:
Call Listing Agent
High School:
Contact Agent
School District:
Contact Agent
Days on Market:
64
MLS #:
957511
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of E Realty International Corp 718-886-8110