139-03 Franklin Avenue, Flushing, NY

$3,800,000

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8

Beds

5

Baths

3,339

Square feet

0.09

Acres

About 139-03 Franklin Avenue

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 organizations, social service agencies, counseling and wellness centers, educational programs, religious institutions, and other qualifying community facility users. Exceptional Flushing location offering long-term value and redevelopment potential.

Features of 139-03 Franklin Avenue

MLS® # 1002922
Price $3,800,000
Bedrooms 8
Bathrooms 5.00
Full Baths 5
Internal Footage 3,339
Square Footage 3915
Acres 0.09
Year Built 1960
Type Residential Income
Sub-Type Triplex
Style Colonial
Status Active

Community Information

Address 139-03 Franklin Avenue
City Flushing
County Queens
State NY
Zip Code 11355

Amenities

Utilities Electricity Connected, Natural Gas Connected
Parking Spaces 3
Parking Driveway
Is Waterfront No
Has Pool No

Interior

Interior Features First Floor Full Bath
Heating Baseboard, Hot Water, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Has Basement Yes
Basement Finished, Full, Walk-Out Access

Exterior

Exterior Features Balcony
Construction Brick

School Information

District Queens 25
Elementary Ps 184 Flushing Manor
Middle Is 237
High Flushing High School

Additional Information

Date Listed May 27th, 2026
Days on Market 140
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofTapestry Real Estate of Queens
Contact Info718-460-1943

Listing Map

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