$2,550,000
$2,980,000
14.4%For more information regarding the value of a property, please contact us for a free consultation.
2,835 Sqft Lot
SOLD DATE : 09/26/2026
Key Details
Sold Price $2,550,000
Property Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 957511
Annual Tax Amount $14,172
Lot Size 2,835 Sqft
Property Description
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.
Location
State NY
County Queens
Building
Sewer Public Sewer
Schools
Elementary Schools Contact Agent
Middle Schools Call Listing Agent
High Schools Contact Agent
School District Contact Agent
Others
Special Listing Condition None
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