139-01 Franklin Avenue, Flushing, NY 11355
- $2,980,000
- List Price
- $2,980,000
- Price Change
- ▼ $320,000 1775698562
- Days on Market
- 176
- MLS#
- 957511
- Status
- ACTIVE
- Property Tax
- $14,172
- School District
- Contact Agent
- High School
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- Jr. High
- Call Listing Agent
- Elementary School
- Contact Agent
Property Description
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.
Additional Information
- Acres
- 0.07
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Frank Ko (fkoproperties@gmail.com) from Listing Office: E Realty International Corp.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.