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New
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$1,800,000

For Sale

2 days ago

3150 137Th St, Flushing, NY

House

MLS® 1042455

5 Bed

2 Bath

--

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes $6,206
Days Active 3
Lot Size 0.0568 Acres
Approx. Age 1920
MLS® Number 1042455

Property Address: 3150 137th St, Flushing, NY, 11354-1913

Average square foot calculated using Size range provided by listing agent.

Description

This is an exceptional opportunity to acquire a development site or income-producing multifamily property in one of Queens’ most desirable and rapidly evolving neighborhoods. Situated on an approximately 2, 500-square-foot lot and zoned R6, the property offers significant potential for investors, builders, developers, or end users looking to capitalize on the continued growth of North Flushing. The property is currently configured as a legal two-family residence with a detached two-car garage, providing immediate rental income with the flexibility to offset carrying costs while future development plans and approvals are pursued. The newly renovated first-floor unit features two bedrooms, a home office, and an open-concept kitchen and living area. The flexible layout may also accommodate a third bedroom while retaining a home office. The second-floor unit offers three bedrooms, a home office, and an open kitchen and living area. The basement features a separate entrance to the street level, is partially finished, and includes a full bathroom. The unfinished portion offers additional potential to expand the existing configuration and potentially create an additional dwelling unit, subject to applicable zoning, building codes, permits, and approvals. Ideally positioned among established multifamily residences and surrounded by thriving neighborhood amenities, the property is just moments from Downtown Flushing, Main Street, the 7 subway line, and an exceptional selection of restaurants, shopping, and everyday conveniences. With its R6 zoning, existing income-producing configuration, and highly desirable location, the property presents compelling possibilities for future multifamily or condominium development, subject to all necessary approvals. Acquire today, generate income, and unlock the long-term potential of this exceptional North Flushing property. For developers seeking a larger development site, the seller may also consider offering the adjacent lots as part of a package sale. All development, conversion, and additional dwelling-unit potential should be independently verified by the purchaser and their architect or other appropriate professionals.
MLS® Number1042455
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1920
BasementPartially Finished, Storage Space, Walk-Out Access
DrivewayDriveway, Garage, Off Street
Garage Spaces
HeatOil
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 24, 2026List Date
$1,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
3150 137Th St, Flushing, NY

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