139-03 Franklin AVE, Flushing, NY 11355
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139-03 Franklin AVE, Flushing, NY 11355
139-03 Franklin AVE, Flushing, NY 11355
139-03 Franklin AVE, Flushing, NY 11355
139-03 Franklin AVE, Flushing, NY 11355
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$ 4,200,000
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139-03 Franklin AVE Flushing, NY 11355

8 Beds

5 Baths

3,916 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1002922

Style Colonial

Bedrooms 8

Full Baths 5

Rental Info No

Year Built 1960

Annual Tax Amount $13,952

Lot Size 3,916 Sqft

Acres 0.0899

Lot Dimensions 29X135

Property Sub-Type Triplex

Source onekey2

Property Description

Prime Flushing R6 Development opportunity on a 29' x 135' lot near Kissena Boulevard, Main Street, transportation, shopping, schools, and neighborhood conveniences. Existing building is a spacious two-family with a strong six-over-six layout, plus a legitimate recreation, walk-in level featuring a living room, kitchen, two bedrooms, and bath. Full basement with access from both the rear and interior hallway. Each main apartment measures approximately 21' x 56', offering about 1,176 sq. ft. per level. The first floor provides a legitimate two-bedroom layout; the second and third floors offer three bedrooms and two baths. Both upper apartments feature south-facing balconies. R6 zoning, together with recent City of Yes zoning modifications, may enhance multiple development considerations, including allowable floor area, parking flexibility, unit planning, and overall site efficiency. 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. Excellent opportunity for builders, investors, or end-users seeking strong existing use with expanded future development potential in a high-demand Flushing location.

Location

State NY

County Queens

Rooms

Basement Finished, Full, Walk-Out Access

Interior

Interior Features First Floor Full Bath

Heating Baseboard, Hot Water, Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Exterior Feature Balcony

Parking Features Driveway

Fence Back Yard, Chain Link

Utilities Available Electricity Connected, Natural Gas Connected

Total Parking Spaces 3

Garage false

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 184 Flushing Manor

Middle Schools Is 237

High Schools Queens 25

School District Queens 25

Others

Senior Community No

Special Listing Condition None


OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Tapestry Real Estate of Queens • James S. Powers
Lisa Jackson

Lisa Jackson

Licensed Real Estate Broker | License ID: 10311202274

+1(917) 623-8985

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139-03 Franklin AVE