139-03 Franklin Ave

Flushing, NY 11355
  • $4,200,000

    Price
  • 8

    Bed
  • 5

    Bath
  • 0

    SqFt

About the Listing TREQ01 - 9028997

Unique redevelopment opportunity in an R6 zoning district with substantial Community Facility development potential. The property currently features two residential units, each offering approximately 1,200 square feet of living space with three bedrooms, two baths, and a private terrace. Both units will be delivered vacant at closing, providing immediate flexibility for occupancy, renovation, income generation, or future redevelopment. The existing first-floor recreation level presents an attractive opportunity for conversion to community facility use, while the upper residential floors may be retained, reconfigured, or incorporated into a broader redevelopment plan. Purchasers may wish to explore the potential for a significant horizontal enlargement, creating a unique mixed-use configuration that combines community facility space with residential occupancy. Particularly well suited for adult day care providers, child care and early education programs, senior service organizations, social service agencies, counseling and wellness centers, educational programs, religious institutions, and other qualifying community facility users. Exceptional Flushing location offering long-term value and redevelopment potential.

Listing Highlights

Status Active
Days on Site 25
Property Type Multi-Family
MLS ® 1002922
Year Built 1960
Total Square Footage 0
Lot/Acreage 0.09
County Queens
School District Queens 25
Elementary School Ps 184 Flushing Manor
Middle School Is 237
High School Flushing High School

Interior Details

  • Bedrooms: 8
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Baseboard,Hot Water,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full,Walk-Out Access
  • Other: First Floor Full Bath
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Parking Spaces: 3
  • Lot Dimensions: 29X135
  • Roof:
  • Others: Balcony
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: $13,952
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 05135-0042
  • Tax Year: N/A

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139-03 Franklin Ave Flushing, NY 11355

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Originating MLS: onekey2

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