HOUSE
Address: ‎3150 137th Street
Zip Code: 11354
2 fam, 5 bed, 2 bath
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$1,800,000
MLS # 1042455
English
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Compass Greater NY LLC Office: ‍516-517-4751

$1,800,000 - 3150 137th Street, Flushing, NY 11354|MLS # 1042455

MLS #‎ 1042455
Details2 fam, 5 bed, 2 bath, garage, Lot Size: 0.06 acres, 2 Units in the building
(DOM): 2 days
Construction Year1920
Taxes
(per year)
$6,206
Fuel TypeOil
BasementPartial
Bus1 min: Q25, Q34
2 min: Q50, QM20
3 min: QM2
4 min: Q16, Q20A, Q20B, Q44
7 min: Q13, Q19, Q28, Q65, Q66
9 min: QM3
LIRR0.7 miles: "Flushing Main Street"
1 miles: "Murray Hill"
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房屋英文概況 English Description

This is an exceptional opportunity to acquire a development site or income-producing multifamily property in one of Queens’ most desirable and rapidly evolving neighborhoods. Situated on an approximately 2,500-square-foot lot and zoned R6, the property offers significant potential for investors, builders, developers, or end users looking to capitalize on the continued growth of North Flushing.

The property is currently configured as a legal two-family residence with a detached two-car garage, providing immediate rental income with the flexibility to offset carrying costs while future development plans and approvals are pursued.

The newly renovated first-floor unit features two bedrooms, a home office, and an open-concept kitchen and living area. The flexible layout may also accommodate a third bedroom while retaining a home office. The second-floor unit offers three bedrooms, a home office, and an open kitchen and living area.

The basement features a separate entrance to the street level, is partially finished, and includes a full bathroom. The unfinished portion offers additional potential to expand the existing configuration and potentially create an additional dwelling unit, subject to applicable zoning, building codes, permits, and approvals.

Ideally positioned among established multifamily residences and surrounded by thriving neighborhood amenities, the property is just moments from Downtown Flushing, Main Street, the 7 subway line, and an exceptional selection of restaurants, shopping, and everyday conveniences.

With its R6 zoning, existing income-producing configuration, and highly desirable location, the property presents compelling possibilities for future multifamily or condominium development, subject to all necessary approvals. Acquire today, generate income, and unlock the long-term potential of this exceptional North Flushing property.

For developers seeking a larger development site, the seller may also consider offering the adjacent lots as part of a package sale.

All development, conversion, and additional dwelling-unit potential should be independently verified by the purchaser and their architect or other appropriate professionals.

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 Compass Greater NY LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Courtesy of Compass Greater NY LLC

公司: ‍212-913-9058




$1,800,000
HOUSE
MLS # 1042455
‎3150 137th Street
Flushing, NY 11354
2 fam, 5 bed, 2 bath


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