$1,800,000
- 5 Beds
- 2 Baths
- 1,880 sqft
3150 137th Street, Flushing, NY 11354
Est. Mortgage $10,495/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 87% nearby.
Home Highlights
Multi-Family
Built in 1920
$957/sqft
Garage
Local Information
-- mins to
About this House
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.
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.
We estimate this home will sell faster than 87% nearby.
Last check for updates: about 2 hours ago
Listing by: Compass Greater NY LLC, (516) 517-4751
Edith Yang, (347) 702-0203
Source: OneKey® MLS as distributed by MLS GRID, MLS#1042455

Also Listed on OneKey® MLS as distributed by MLS GRID, My State MLS.
Home Details for 3150 137th Street
|
|---|
Interior Details Basement: Partially Finished,Storage Space,Walk-Out Access |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Appliances & Utilities Utilities: Electricity Available, Sewer Connected, Water AvailableLaundry: In Basement |
Heating & Cooling Heating: OilNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Oil |
Gas & Electric Gas: Separate Gas Meters: 2Has Electric on Property |
|
|---|
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas Open ParkingParking Spaces: 2Parking: Driveway,Garage,Off Street |
Water & Sewer Sewer: Public Sewer |
|
|---|
Cumulative Days on Market: 1Days on Market: 15 |
|
|---|
Year Built Year Built: 1920 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex, Multi FamilyArchitecture: A-Frame |
Building Construction Materials: FrameAttached To Another Structure |
Property Information Parcel Number: 044090052 |
|
|---|
Price List Price: $1,800,000Price Per Sqft: $957 |
|
|---|
MLS Status: Active |
|
|---|
Direction & Address City: Flushing |
School Information Elementary School: Ps 214 Cadwallader ColdenJr High / Middle School: Jhs 185 Edward BleekerHigh School: Flushing High SchoolHigh School District: Queens 25 |
|
|---|
Listing Agent Listing ID: 1042455 |
|
|---|
Building Area Building Area: 1880 Square Feet |
|
|---|
Not Senior Community |
|
|---|
Lot Area: 2475 sqft |
|
|---|
Special Conditions: None |
|
|---|
Listing Agreement Type: Exclusive Right To Sell |
|
|---|
BasementMls Number: 1042455Attribution Contact: 347-702-0203Showing Requirements: 24 Hour Notice, Appointment Only |
Around this home
What Locals Say about Flushing
At least 1472 Trulia users voted on each feature.
81 % Say there are sidewalks
75 % Say it's walkable to grocery stores
74 % Say it's walkable to restaurants
72 % Say it's dog friendly
71 % Say streets are well-lit
58 % Say people would walk alone at night
55 % Say they plan to stay for at least 5 years
53 % Say there's holiday spirit
52 % Say kids play outside
52 % Say yards are well-kept
50 % Say it's quiet
49 % Say car is needed
43 % Say parking is easy
39 % Say neighbors are friendly
35 % Say there's wildlife
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Flushing
Last updated July 2026
Avg. sale price
$647K
$20KMoM
Sale-to-List Price
96.6%
0.2%MoM
Price per sq ft
$745
$38MoM
Available listings
797
5MoM
Home Value
Trulia Estimate
$1.71MSince last month
Increased$441K (+34.7%)Since last year
Increased$418K (+32.3%)Since last sale
Increased$813K (+90.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +112% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.71M |
| August 2026 | $1.75M |
| July 2026 | $1.27M |
| June 2026 | $1.3M |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.28 | Multi-Family Home | $1,220,000 | 03/16/26 | 6 | 4 | 1,700 | |
0.60 | Multi-Family Home | $1,150,000 | 03/04/26 | 3 | 3 | 2,100 | |
0.87 | Multi-Family Home | $1,310,000 | 03/18/26 | 5 | 3 | 1,820 | |
0.57 | Multi-Family Home | $1,270,000 | 02/05/26 | 5 | 3 | 2,017 | |
0.79 | Multi-Family Home | $1,310,000 | 12/03/25 | 4 | 2 | 1,848 | |
0.71 | Multi-Family Home | $1,520,000 | 06/12/26 | 4 | 3 | 3,000 | |
0.71 | Multi-Family Home | $1,780,000 | 10/15/25 | 6 | 3 | 2,400 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $649,800 | 2 | 2 | 1,113 | Off Market | |
0.03 | $530,900 | 2 | 1 | 801 | Off Market | |
0.04 | $609,700 | 2 | 2 | 723 | Off Market | |
0.04 | $663,100 | 3 | 2 | 1,060 | Off Market | |
0.05 | $525,000 | Studio | 1 | 3,327 | For Sale | |
0.03 | $702,100 | 2 | 2 | 759 | Off Market | |
0.03 | $608,000 | 2 | 2 | 967 | For Sale | |
0.03 | $664,600 | 2 | 2 | 955 | Off Market | |
0.03 | $702,100 | 2 | 2 | 759 | Off Market | |
0.03 | $618,000 | Studio | 1 | 1,628 | For Sale | |
0.05 | $631,500 | 2 | 2 | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 24, 2026 Source: OneKey® MLS as distributed by MLS GRID #1042455 | Listed For Sale | $1,800,000 |
Mar 9, 2019 Source: Agent Provided | ListingRemoved | $2,300 |
Feb 8, 2019 Source: Agent Provided | PriceChange | $2,300 Price increased by 7% |
Jan 11, 2019 Source: Agent Provided | Listed For Rent | $2,150 |
Nov 20, 2014 Source: N/A | Sold | $900,000 |
Jan 31, 2001 Source: N/A | Sold | $230,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $1,452,000 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Edith Yang, Compass Greater NY LLC, (516) 517-4751
Agent Phone: (347) 702-0203

Based on information submitted to the MLS GRID as of 2026-09-09 01:03:22 PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
Similar Homes You May Like
New Listings near 3150 137th Street
Frequently asked questions about 3150 137th Street
- What is the estimated monthly payment for 3150 137th Street?Based on a $1,800,000 list price with 20% down at today's rates, the estimated monthly payment for 3150 137th Street in Flushing, NY is approximately $10,789 (about $9,424 principal & interest, $1,290 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 3150 137th Street compare to homes in Flushing?3150 137th Street in Flushing, NY is listed at $1,800,000, about 178% above the $647K median sale price in Flushing.
- What do residents say about Flushing?Residents describe Flushing, NY as pedestrian-friendly, walkable to grocery stores, and walkable to restaurants. See homes for sale in Flushing, NY.
- What are the closest schools to 3150 137th Street?The closest schools to 3150 137th Street in Flushing, NY are Flushing High School (rated 3/10), Jhs 185 Edward Bleeker (Middle, rated 9/10), Ps 214 Cadwallader Colden (Pre-K/Elementary, rated 9/10).
- Does 3150 137th Street have laundry facilities?Yes, 3150 137th Street in Flushing, NY has laundry facilities.
3150 137th Street, Flushing, NY 11354 is a 5 bedroom, 2 bathroom, 1,880 sqft multi-family built in 1920. 3150 137th Street is located in Flushing, Flushing. This property is currently available for sale and was listed by OneKey® MLS as distributed by MLS GRID on Aug 24, 2026. The MLS # for this home is MLS# 1042455.

