139-01 Franklin Ave Flushing, NY 11355
Flushing-Willets Point NeighborhoodEstimated payment $16,980/month
About This Lot
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.
Listing Agent
E Realty International Corp Brokerage Phone: 718-886-8110 License #10301215711 Listed on: 02/03/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $14,172
Lot Details
- 2,835 Sq Ft Lot
- Lot Dimensions are 21x135
- Property is zoned R6
Schools
- Contact Agent Elementary School
- Contact Agent High School
Listing and Financial Details
- Assessor Parcel Number 05135-0043
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2026 04/08/26 | Price Changed | $2,980,000 | -9.7% | -- |
| 03/19/2026 03/19/26 | Price Changed | $3,300,000 | -13.2% | -- |
| 02/03/2026 02/03/26 | For Sale | $3,800,000 | -- | -- |
Source: OneKey® MLS
MLS Number: 957511
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Copyright 2026 OneKey® MLS. All rights reserved.
Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID
- 43-10 Kissena Blvd Unit 7J
- 4310 Kissena Blvd Unit 2B
- 4310 Kissena Blvd Unit 16D
- 138-10 Franklin Ave Unit 5
- 138-10 Franklin Ave Unit 7D
- 138-10 Franklin Ave Unit 10G
- 138-10 Franklin Ave Unit 2L
- 138-10 Franklin Ave Unit 9K
- 138-10 Franklin Ave Unit 16PH
- 43-43 Kissena Blvd Unit 402
- 43-43 Kissena Blvd Unit 306
- 43-43 Kissena Blvd Unit 407
- 138-15 Franklin Ave Unit 214
- 138-15 Franklin Ave Unit 221
- 138-15 Franklin Ave Unit 319
- 13815 Franklin Ave Unit 111
- 140-35 Beech Ave Unit 7
- 4231 Colden St Unit F7A
- 4231 Colden St Unit F7B
- 142-15 Franklin Ave Unit 3F
- 4220 Kissena Blvd Unit D2
- 42-42 Union St Unit 4C
- 42-14 Union St Unit G1
- 136-18 Maple Ave Unit 5B
- 41-62 Bowne St Unit 9F
- 13646 41st Ave Unit 3A
- 132-54 Pople Ave Unit 6D
- 132-54 Pople Ave Unit 4A
- 14328 41st Ave Unit 8C
- 132-55 41st Rd Unit PH
- 132-55 41st Rd Unit 3B
- 132-55 41st Rd Unit 4A
- 132-55 41st Rd Unit 2C
- 132-55 41st Rd Unit 2B
- 42-05 Parsons Blvd Unit 2A+P5
- 132-30 Sanford Ave Unit 4Af
- 4229 Parsons Blvd Unit 6B
- 13222 41st Rd Unit 501
- 144-27 Sanford Ave Unit 2
- 132-03 Sanford Ave Unit 7
Ask me questions while you tour the home.