About 139-01 Franklin Avenue
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.
Features of 139-01 Franklin Avenue
| MLS® # | 957511 |
|---|---|
| Price | $2,980,000 |
| Acres | 0.07 |
| Type | Land |
| Status | Pending |
Community Information
| Address | 139-01 Franklin Avenue |
|---|---|
| City | Flushing |
| County | Queens |
| State | NY |
| Zip Code | 11355 |
Additional Information
Listing Details
| Office | E Realty International Corp |
|---|---|
| Office Contact | 718-886-8110 |