139-01 Franklin AvenueFlushing, NY 11355Price: $2,980,000

  • Price: $2,980,000
  • Est. Mortgage of $/month
  • 103 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
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This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,980,000List Price
  • 0.07Acreage

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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.

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Listed by Frank Ko of E Realty International Corp (718-886-8110)

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 16, 2026 8:19 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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