Alex Sio
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139-01 Franklin Avenue, Flushing, NY 11355

$2,980,000
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  • 139-01 Franklin Avenue, Flushing, NY 11355 Main Photo

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Alex Sio
Call: (917) 520-7586
Text: (917) 520-7586

LOT SIZE 0.065 acres MLS#957511
STATUSActive PROPERTY TYPELand - Residential SCHOOLContact Agent
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Property Description

Prime Development Opportunity - Flushing, QueensRare 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 developmentUp to 4.8 FAR for residential and community facility useAdditional 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 developmentCondo projectsCommunity facility (medical, educational, etc.)Affordable housing with maximum buildable potentialStrong upside potential in one of Queens' most active and resilient markets.

139-01 Franklin Avenue | MLS# 957511

This land located at 139-01 Franklin Avenue, Flushing, NY 11355 is currently listed for sale with an asking price of $2,980,000. The property has approximately 0.07 Acres. 139-01 Franklin Avenue is located within the Contact Agent school district. Search Flushing real estate on alexsio.laffey.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.07 Acres
Taxes: $14,172

Feature Descriptions

Current Use: Multi-Family
Days on Site: 78
Lot Dimensions: 21x135
On Market Date: 2026-02-03
Parcel Number: 05135-0043
Rental Term: Monthly
Sewer: Public Sewer

Local Schools

High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent

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Estimated Payment

$ 8,682.35 per month $6,632.19 Principal & Interest $1,181.00 Property Tax $869.17 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: E Realty International Corp
Agency Contact: 718-886-8110

Shown By

Agent Name: Alex Sio
Agent Phone: (917) 520-7586
Agency Title: Laffey Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/22/2026. The listing information on this page last changed on 04/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/22/2026 9:07:57 PM EST) or OneKey MLS (last updated Wed 04/22/2026 8:58:41 PM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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