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.