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139-03 Franklin Avenue
Flushing NY 11355 US

$4,200,000

Active Listing ID 1002922
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8 bed
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5.00 Bath (5 Full)
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Lot: 0.09 Acres
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Other

$4,200,000

Active Listing ID 1002922
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139-03 Franklin Avenue 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.

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Property Features

  • Facts
  • Lot Size: 0.09 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • Cooling System: Wall/Window Unit(s), Window Unit(s)
  • Exterior Finish: Balcony
  • Heating Fuels: Hot Water(Heating), Natural Gas, Baseboard
  • Additional Features
  • Basement

School Information

  • School
  • Ps 184 Flushing Manor(Elementary)
  • Is 237(MiddleSchool)
  • Flushing High School(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 4200000
  • unparsedaddress: 139-03 Franklin Avenue
  • postalcity: Flushing
  • stateorprovince: NY
  • country: US
  • postalcode: 11355
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0899
  • lotsizeunits: Acres
  • lotsizearea: 0.0899
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.755402
  • longitude: -73.825526
  • listagentfullname: James S. Powers
  • listagentemail: jpowersrealestate@gmail.com
  • listagentkey: 3yd-MLSLINY-9028997
  • listagentmlsid: 9028997
  • listagentpreferredphone: 7184601943
  • listagentofficephone: 9177515020
  • listofficekey: 3yd-MLSLINY-TREQ01
  • listofficemlsid: TREQ01
  • disclaimer: 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.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1960
  • listingcontractdate: 2026-05-27
  • listagentfax: 3474084195
  • countyorparish: Queens
  • parcelnumber: 05135-0042
  • elementaryschool: Ps 184 Flushing Manor
  • highschool: Flushing High School
  • elementaryschooldistrict: Queens 25
  • middleorjuniorschooldistrict: Queens 25
  • highschooldistrict: Queens 25
  • cooling: Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Brick
  • heating: Hot Water(Heating), Natural Gas, Baseboard
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 3
  • parkingfeatures: Driveway
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: First Floor Full Bath
  • exteriorfeatures: Balcony
  • architecturalstyle: Colonial
  • rooms: Bedroom 3, Bedroom 8, Bathroom 1, Basement, Bathroom 3, Bedroom 7, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 5, Bathroom 4
  • basement: Walk-Out Access, Finished, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Chain Link
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -73.82552, 40.7554
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Tapestry Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jpowersrealestate@gmail.com", "ListBrokerageCity":"Flushing", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Jpowers@topproducer.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Tapestry Real Estate", "ListBrokeragePhone":"(718) 460-1943", "ListBrokeragePostalCode":"11358", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"171-22 Northern Blvd.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"199-17 32nd Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"TREQ01", "ListOfficeCity":"Flushing", "ListOfficeCountry":"US", "ListOfficeEmail":"jpowersrealestate@gmail.com", "ListOfficePostalCode":"11358", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Colonial - Flushing, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/13903-Franklin-Ave_Flushing_NY_11355_M45113-59373?f=listhub&s=MLSLINY&m=1002922&c=rexren", "MLSModificationTimestamp":"2026-05-28 20:25:36", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":13952, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/28/2026 8:45:59 PM GMT
Source Updated Date: 6/4/2026 12:54:43 AM GMT

Courtesy of: James S. Powers, Tapestry Real Estate of Queens, jpowersrealestate@gmail.com

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.