Flushing, NY 11355 139-01 Franklin Avenue
$2,980,000
Home Details
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.
General for 139-01 Franklin Avenue
AttributionContact718-886-8110
Building Area UnitsSquare Feet
CityNew York
CountyQueens
Current UseMulti-Family
Elementary SchoolContact Agent
Elementary School DistrictContact Agent
High SchoolContact Agent
High School DistrictContact Agent
Middle/Junior High SchoolCall Listing Agent
Middle/Junior School DistrictContact Agent
Parcel Number05135-0043
PostalCityFlushing
Property TypeLand
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
Tax Annual Amount14172
Tax Year2026
ZoningR6
Additional Details
Price History
Schools
Elementary School
Contact Agent Elementary School
High School
Contact Agent High School
Middle School
Call Listing Agent Middle School
Gregory Berkowitz
Licensed Real Estate Salesperson
SQFT • 2,835