$2,980,000 - 139-01 Franklin Avenue, Flushing, NY 11355｜MLS # 957511
| MLS # | 957511 |
| Details | Lot Size: 0.07 acres (DOM): 156 days |
| Taxes (per year) | $14,172 |
| Bus | 1 min: Q17, Q25, Q27, Q34 |
| 3 min: Q20A, Q20B, Q44, Q65 | |
| 5 min: Q12, Q26, Q58 | |
| 7 min: Q15, Q15A | |
| 8 min: Q13, Q16, Q19, Q28, Q48, Q50, Q66 | |
| Subway | 8 min: 7 |
| LIRR | 0.4 miles: "Flushing Main Street" |
| 0.8 miles: "Murray Hill" | |
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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.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 E Realty International Corp. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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