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4341+4345 Burling Street

Flushing, NY 11355
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Acres0.37

Acre(Lot)

Located in the heart of Downtown Flushing, this rare development opportunity consists of two combined lots with a total lot size of approximately 16,000 square feet. The property is zoned R4 and offers strong potential for residential and mixed-use development. The site benefits from an established development pathway with DOB approval in place. Based on available parameters, the property allows for a Residential FAR of approximately 1.5 (up to 24,000 buildable square feet) and a Community Facility FAR of 0.4 (approximately 6,400 square feet). The site supports construction of a 4-story or higher building, subject to applicable regulations. A proposed development scheme includes approximately 29 condominium units, with a total residential buildable area of approximately 16,000–24,000 squ are feet, along with 6,400 square feet of community facility space. The cellar level may be fully utilized for community facility or other permissible uses, and the property has the potential to accommodate a two-level underground parking garage. Alternatively, the site offers flexibility for subdivision or townhouse-style development, with the potential to build 5 or more multi-family residences (3-family or greater), each approximately 20 x 70 feet. A recent boring test indicates that the water table is approximately 35 feet or deeper, which is favorable for underground construction and may help reduce development complexity and costs. This prime location is surrounded by established residential and commercial amenities, with convenient access to transportation, making it an excellent opportunity for developers and investors. All development potential, zoning, and usage should be independently verified by the buyer’s architect and/or engineer.

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Detail Ic Property Details

Property Type : Land

Price : $5,880,000

AD Id : 76946254

MLS Id : 980436

Lot Size : 0.37 Acre(Lot)

County : Queens

  • Map Map

Map

Feature Features

  • Lot Information

    Lot Size Acres: 0.367 Lot Size Square Feet: 16000

  • Listing Price Information

    Listing Price: $5880000

  • Tax Information

    Parcel Number: 05198-0001+05198-0002 Tax Lot: 0001+0002 Tax Block: 05198 Annual Tax: $15996.24

  • School Information

    Elementary School: Ps 24 Andrew Jackson
    Junior High School: Is 237
    Senior High School: John Bowne High School
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
139-01 Franklin Avenue, Flushing, NY, 11355 $2,980,000 -- -- -- 0.07 Acre(Lot)

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 07/18/2026 @ 06:36

MLS: 980436 LISTED BY: Sophia Yao, Chase Global Realty Corp 718-355-8788 SOURCE: OneKey MLS

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