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139-01 Franklin Avenue Flushing, NY $ 2,980,000
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$ 2,980,000 Get more info
139-01 Franklin Avenue
$ 2,980,000
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139-01 Franklin Avenue

Flushing, NY, 11355
$ 2,980,000
Baths0.0 Sq 2,835

Monthly Estimate*

$ 18,348

139-01 Franklin Avenue, Flushing, NY 11355 - Image 1
139-01 Franklin Avenue, Flushing, NY 11355 - Image 2
Studio

Lots and Land for sale in Flushing, NY

for $2,980,000. This 2,835 square foot property was built on a lot size of 0.0651.

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.

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Lots and Land Active

Price

$ 2,980,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 14,172

Style

Lot Size

0.0651

Town/City

Flushing

County/Region

Queens

MLS | Web ID

957511
Features
General
Sewer Public Sewer
Zoning R6
Tax Year 2026
Current Use Multi-Family
Parcel Number 05135-0043
County Queens
Property Type Land
High School Contact Agent
City New York
Senior Community Y/N N
High School District Contact Agent
Elementary School Contact Agent
Tax Annual Amount 14172
Middle/Junior High School Call Listing Agent
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Contact Agent
Elementary School District Contact Agent
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Internal Only
Street Number 1 139
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* Excluded Features
List By
Frank Ko

Listing Agent

E Realty International Corp

Broker

718-886-8110

Contact

Affordability Calculator

$19,529
Per Month
94%
6%
0%
Monthly Principal & Interest
$18,348
Monthly Property Taxes
$1,181
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892219 Elementary School
5162815 Middle School
Contact Agent High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/8/2026$2,980,000 -9.70% Price Down
3/19/2026$3,300,000 -13.16% Price Down
2/3/2026$3,800,000 Listed Price

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139-01 Franklin Avenue, Flushing, NY, 11355 is a Lots and Land for sale at $2,980,000 with 2,835 sqft and a lot size of 0.0651. 139-01 Franklin Avenue is a studio with 0.0 baths. The property's zip code is 11355 which is in Flushing, NY

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