139-01 Franklin Avenue, Flushing, NY 11355
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
139-01 Franklin Avenue,Flushing, NY 11355
$2,980,000
- 0.07 Acres
- Lots / Land
- Active
Listed by: frank ko
Office: e realty international corp
MLS#:957511
Source:OneKey MLS
Price summary
- Price:$2,980,000
About this home
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.
Contact an agent
Home facts
- Listing ID #:957511
- Added:146 day(s) ago
- Updated:June 30, 2026 at 11:12 AM
Structure and exterior
- Lot area:0.07 Acres
Schools
- High school:Contact Agent
- Middle school:Call Listing Agent
- Elementary school:Contact Agent
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,980,000
- Tax amount:$14,172 (2026)
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