139-03 Franklin Ave, Queens, NY 11355

Beds
8
Baths
5
Sqft
3,339

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Listed byTapestry Real Estate of Queens
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
8
Number of bathrooms
5
Square feet
3,339
Lot size (acres)
0.09
Year built
1960

Interior features

Basement
Yes, Finished

Utilities

Heating
Baseboard, Hot Water, Natural Gas
Cooling
Wall/window unit(s)
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$13,952.36

Public schools

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Sourced from: Onekey MLS MLS®#: 1002922 Last checked:

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