139-01 Franklin Ave - Commercial LAND FOR SALE


Flushing, NY 11355- Downtown Flushing2,836 SF
$2,980,000 USD
646-996-5934
139-01 Franklin Ave, Flushing, NY for Sale
$2,980,000 USD
Commercial LAND - FOR SALE
1/30
2,836 SF

139-01 Franklin Ave
Flushing, NY 11355
Downtown Flushing


OVERVIEW

Prime 3-Family Investment Opportunity in the Heart of Flushing Exceptional opportunity to own a well-maintained 3-family property in one of the most desirable locations in Flushing, Queens. This versatile property is perfect for both end-users and investors seeking strong rental income potential, as multi-family homes in Flushing remain in high demand due to the area's vibrant community and convenience. The building features three spacious units: 1st Floor: 2 bedrooms, 1 full bathroom 2nd Floor: 3 bedrooms, 2 full bathrooms 3rd Floor: 3 bedrooms, 1.5 bathrooms Each unit offers generous living space, ideal layouts, and great natural light. Property highlights include: Private backyard – perfect for outdoor enjoyment Indoor garage for secure parking Two additional parking spaces in front of the house Separate living spaces ideal for owner-occupancy with rental income Conveniently located near shopping, restaurants, schools, and public transportation, this property offers both comfort and accessibility in a prime Queens location. Don’t miss this rare opportunity to own a solid multi-family home in the center of Flushing! 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.

FOR SALE DETAILS

PRICE

$2,980,000 USD

PRICE/ACRE

$45,787,694/AC

PRICE/SF

$1,051 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

3 Family Home in the Heart of Flushing

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo

LAND ACRES

0.07 AC

LAND SF

2,835 SF

OFFSITE IMPROVEMENTS

-

ZONING

R6

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Frank KoE Realty International CorpMore Info
646-996-5934

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Frank KoE Realty International CorpMore Info
646-996-5934

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.