LOT SIZE 0.065 acres
MLS#957511
STATUSActive
PROPERTY TYPELand - Residential
SCHOOLContact Agent
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.
Property Features
Property Type: Land - Residential
Lot Size: 0.07 Acres
Taxes: $14,172
Feature Descriptions
Current Use: Multi-Family
Days on Site: 77
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
Estimate Your Payment
Estimated Payment
$ 17,118.67 per month $15,068.50 Principal & Interest $1,181.00 Property Tax $869.17 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: E Realty International Corp
Agency Contact: 718-886-8110
Shown By
Agent Name: Amy Puccini
Agent Phone: (516) 319-6506
Agency Title: Coldwell Banker American Homes
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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 amypuccini.cbamhomes.com today.