Buy with Yoreevo
$4,126,500
List Price: $4,200,000
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139-03 Franklin Avenue
House in Flushing •  building info
8bd • 5ba • 3,915ft² $1,073 per ft²
Buy with Yoreevo

$4,126,500

List Price

$4,200,000

Key Details
Days on market
11
Last price change
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Estimated payment
$23,826/mo
Taxes
Maintenance
N/A
Description
Prime Flushing R6 Development opportunity on a 29' x 135' lot near Kissena Boulevard, Main Street, transportation, shopping, schools, and neighborhood conveniences. Existing building is a spacious two-family with a strong six-over-six layout, plus a legitimate recreation, walk-in level featuring a living room, kitchen, two bedrooms, and bath. Full basement with access from both the rear and interior hallway. Each main apartment measures approximately 21' x 56', offering about 1,176 sq. ft. per level. The first floor provides a legitimate two-bedroom layout; the second and third floors offer three bedrooms and two baths. Both upper apartments feature south-facing balconies. R6 zoning, together with recent City of Yes zoning modifications, may enhance multiple development considerations, including allowable floor area, parking flexibility, unit planning, and overall site efficiency. Based on a 3.0 FAR, the property indicates approximately 11,745 buildable sq. ft., subject to buyer's independent verification with an architect/zoning professional. Excellent opportunity for builders, investors, or end-users seeking strong existing use with expanded future development potential in a high-demand Flushing location.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$4,200,000
Asking Price: $4,200,000
Term
30 Years
Down Payment
$420,000 (10%)
Min: 10% (420,000)
Rate
6.0 %
Mortgage Amount
$3,780,000
Mortgage Payment
$22,663
Taxes
$1,163
Estimated Yoreevo rebate
$73,500
Estimated closing cost
$160,000
Total monthly cost $23,826
Buy your dream home with us and get an estimated $73,500 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Tapestry of Queens

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