# 3150 137th Street, Flushing, NY 11354 > **TL;DR:** 5bd/2ba multi-family, $1,800,000, built 1920. > 2-car garage. Est. $9,627/mo. Listed 70 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,800,000 | | Bedrooms | 5 | | Bathrooms | 2 full | | Year Built | 1920 | | Lot Size | 2,474 sqft (0.06 acres) | | Garage | 2-car | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 70 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $9,102 | | Estimated Insurance | $525 | | **Total** | **$9,627** | ## Nearby Schools - **Elementary:** Ps 214 Cadwallader Colden - **Middle:** Jhs 185 Edward Bleeker - **High:** Flushing High School ## Key Amenities - 2-car garage ## Property Highlights - Built in 1920 - 0.06 acre lot ## Description ### 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. ## Location - **Address:** 3150 137th Street, Flushing, NY 11354 - **County:** Queens - **Coordinates:** 40.768113, -73.831199 - **Google Maps:** https://www.google.com/maps?q=40.768113,-73.831199 ## Listing Agent - **Name:** Edith Yang - **Brokerage:** Compass Greater NY LLC - **Broker Phone:** (212) 913-9058 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3150-137th-St_Flushing_NY_11354_M48286-64352?f=listhub&s=MLSLINY&m=1042455&c=propsimple) ## Photos ![3150 137th Street - Photo 1](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f3693344337r.jpg) ![3150 137th Street - Photo 2](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f1094031766r.jpg) ![3150 137th Street - Photo 3](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f2463323749r.jpg) ![3150 137th Street - Photo 4](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f55979869r.jpg) ![3150 137th Street - Photo 5](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f1415952054r.jpg) ![3150 137th Street - Photo 6](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f2906444471r.jpg) ![3150 137th Street - Photo 7](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f61089756r.jpg) ![3150 137th Street - Photo 8](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f1182402177r.jpg) ![3150 137th Street - Photo 9](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f1875725535r.jpg) ![3150 137th Street - Photo 10](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f221783966r.jpg) ![3150 137th Street - Photo 11](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f1842769459r.jpg) ![3150 137th Street - Photo 12](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f3102107837r.jpg) ![3150 137th Street - Photo 13](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f2828209033r.jpg) ![3150 137th Street - Photo 14](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f1531607670r.jpg) ![3150 137th Street - Photo 15](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f2976744643r.jpg) ![3150 137th Street - Photo 16](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f3238037796r.jpg) ![3150 137th Street - Photo 17](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f2545447046r.jpg) ![3150 137th Street - Photo 18](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f827031266r.jpg) ![3150 137th Street - Photo 19](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f191876016r.jpg) ![3150 137th Street - Photo 20](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f592279373r.jpg) ![3150 137th Street - Photo 21](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f1401179550r.jpg) ![3150 137th Street - Photo 22](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f1847871197r.jpg) ![3150 137th Street - Photo 23](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f3337069204r.jpg) ![3150 137th Street - Photo 24](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f528416219r.jpg) ![3150 137th Street - Photo 25](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f3527913714r.jpg) ![3150 137th Street - Photo 26](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f3508387761r.jpg) ![3150 137th Street - Photo 27](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f3329898637r.jpg) ![3150 137th Street - Photo 28](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f3838299846r.jpg) ![3150 137th Street - Photo 29](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f700001169r.jpg) ![3150 137th Street - Photo 30](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f2725087570r.jpg) ![3150 137th Street - Photo 31](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f3348545839r.jpg) ![3150 137th Street - Photo 32](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f3348114318r.jpg) ![3150 137th Street - Photo 33](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f2416883996r.jpg) ![3150 137th Street - Photo 34](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f378964343r.jpg) ![3150 137th Street - Photo 35](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f126530708r.jpg) ![3150 137th Street - Photo 36](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f5231068r.jpg) ![3150 137th Street - Photo 37](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f3129952808r.jpg) ![3150 137th Street - Photo 38](http://lh.rdcpix.com/1f8f675c839d7f64f2c9ab2a9f110a63l-f486326961r.jpg) --- **MLS#:** 1042455 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/3150-137th-street-flushing-ny-11354-159fc2327d244b43b4233d77e19937cd) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/3150-137th-street-flushing-ny-11354-159fc2327d244b43b4233d77e19937cd#listing", "url": "https://www.propertysimple.ai/listing/3150-137th-street-flushing-ny-11354-159fc2327d244b43b4233d77e19937cd", "name": "3150 137th Street, Flushing, NY 11354", "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. 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