139-01 Franklin AVE, Flushing, NY 11355

$2,550,000

$2,980,000

14.4%
Est.Price: ?

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Est. payment /mo

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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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by E Realty International Corp • Frank Ko
Bought with Buyer Representation Office

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Luciane Serifovic

Luciane Serifovic

CEO & FOUNDER License ID: 10491208575

+1(917) 567-8767

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