139-01 Franklin Ave Flushing, NY 11355
Flushing-Willets Point NeighborhoodEstimated payment $17,371/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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
- 43-10 Kissena Blvd Unit 7J
- 4310 Kissena Blvd Unit 6B
- 4310 Kissena Blvd Unit 2B
- 4310 Kissena Blvd Unit 16D
- 139-03 Franklin Ave
- 138-10 Franklin Ave Unit 5
- 138-10 Franklin Ave Unit 9J
- 138-10 Franklin Ave Unit 12D
- 138-10 Franklin Ave Unit 5
- 138-10 Franklin Ave Unit 7D
- 138-10 Franklin Ave Unit 10G
- 138-10 Franklin Ave Unit 9K
- 43-43 Kissena Blvd Unit 402
- 43-43 Kissena Blvd Unit 306
- 43-43 Kissena Blvd Unit 509
- 43-43 Kissena Blvd Unit 407
- 42-65 Kissena Blvd Unit 408
- 42-65 Kissena Blvd Unit 311
- 42-65 Kissena Blvd Unit 124
- 42-65 Kissena Blvd Unit 511
- 4255 Colden St Unit 16P
- 4220 Kissena Blvd Unit D2
- 136-19 Franklin Ave Unit 4
- 41-40 Union St Unit 10P
- 4323 Main St Unit 1st Floor Store
- 4318 Main St Unit 12C
- 13646 41st Ave Unit 2A
- 13257 Maple Ave Unit 2R
- 133-08 41st Rd Unit 3rd fl
- 144-27 Sanford Ave Unit 2
- 132-55 41st Rd Unit PH
- 132-55 41st Rd Unit 2B
- 132-55 41st Rd Unit 4A
- 132-55 41st Rd Unit 2C
- 132-55 41st Rd Unit 3B
- 13226 Avery Ave Unit 11A
- 13835 39th Ave Unit 4B
- 43-45 Parsons Blvd Unit 2nd Floor
- 138-35 39 Ave Unit 11G
- 13215 41st Ave Unit 4C
Ask me questions while you tour the home.