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139-03 Franklin Avenue, Flushing, NY 11355

Flushing
Local realty services provided by:CENTURY 21 Elite Realty
139-03 Franklin Avenue,Flushing, NY 11355
$3,800,000
  • 8 Beds
  • 5 Baths
  • 3,339 sq. ft.
  • Multi-family
  • Active
Listed by: james s. powers
Office: tapestry real estate of queens
MLS#:1002922
Source:OneKey MLS

Price summary

  • Price:$3,800,000
  • Price per sq. ft.:$1,138.07

About this home

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...

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Home facts

  • Year built:1960
  • Listing ID #:1002922
  • Added:61 day(s) ago
  • Updated:July 28, 2026 at 10:57 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5
  • Full bathrooms:5
  • Basement:Yes
  • Basement Description:Finished, Full, Walk-Out Access
  • Living area:3,339 sq. ft.

Heating and cooling

  • Heating:Baseboard, Hot Water, Natural Gas

Structure and exterior

  • Year built:1960
  • Building area:3,339 sq. ft.
  • Lot area:0.09 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Exterior Features:Balcony

Schools

  • High school:Flushing High School
  • Middle school:Is 237
  • Elementary school:Ps 184 Flushing Manor

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,800,000
  • Price per sq. ft.:$1,138.07
  • Tax amount:$13,952 (2025)

Parking

  • Total parking spaces:3
  • Parking description:Driveway
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