See all 18 photos

$4,200,000

Est. payment - /mo

Save

8 Beds

5 Baths

3,916 Sqft Lot

Active

139-03 Franklin AVE Flushing, NY 11355

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Christine DeHart

christine@salmonrealestate.com +1(718) 273-1200

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1002922

Style Colonial

Bedrooms 8

Full Baths 5

Rental Info No

Year Built 1960

Annual Tax Amount $13,952

Lot Size 3,916 Sqft

Acres 0.0899

Lot Dimensions 29X135

Property Sub-Type Triplex

Source onekey2

Property Description

Prime Flushing R6 Development opportunity on a 29' x 135' lot near Kissena Boulevard, Main Street, transportation, shopping, schools, and neighborhood conveniences. Existing building is a spacious two-family with a strong six-over-six layout, plus a legitimate recreation, walk-in level featuring a living room, kitchen, two bedrooms, and bath. Full basement with access from both the rear and interior hallway. Each main apartment measures approximately 21' x 56', offering about 1,176 sq. ft. per level. The first floor provides a legitimate two-bedroom layout; the second and third floors offer three bedrooms and two baths. Both upper apartments feature south-facing balconies. R6 zoning, together with recent City of Yes zoning modifications, may enhance multiple development considerations, including allowable floor area, parking flexibility, unit planning, and overall site efficiency. Based on a 3.0 FAR, the property indicates approximately 11,745 buildable sq. ft., subject to buyer's independent verification with an architect/zoning professional. Excellent opportunity for builders, investors, or end-users seeking strong existing use with expanded future development potential in a high-demand Flushing location.

Location

State NY

County Queens

Rooms

Basement Finished, Full, Walk-Out Access

Interior

Interior Features First Floor Full Bath

Heating Baseboard, Hot Water, Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Exterior Feature Balcony

Parking Features Driveway

Fence Back Yard, Chain Link

Utilities Available Electricity Connected, Natural Gas Connected

Total Parking Spaces 3

Garage false

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 184 Flushing Manor

Middle Schools Is 237

High Schools Queens 25

School District Queens 25

Others

Senior Community No

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by Tapestry Real Estate of Queens • James S. Powers

Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.

Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.

If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.

+1(718) 273-1200

christine@salmonrealestate.com

1855 Victory Blvd, Island, NY, 10314, United States