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A blog from CityRealty (Links below will take you to the 6sqft site)

140 Franklin Street, #PHA

$14,985,000 ($2,986 per ft2) -19% | 4 beds, 5 baths | Approx. 5,019 ft2
218 days on Market

Key Details

  • Listed Sep 10, 2020
    Last Price Change -19% ($1.965M) on Feb 2
    Days on Market 218
    Building Type Condominium
    Neighborhood Tribeca
  • Monthly Common Charges $5,641
    Monthly Real Estate Taxes $6,799
    Minimum Down Payment 10%
    Doorman FT Doorman

Description

With 19th century architectural history and generous proportions, this 4-5-bedroom lofted duplex penthouse designed by renowned architect, Winka Dubbeldam, in the heart of one of Tribeca’s most coveted doorman condo buildings welcomes you home. Experience privacy and luxury with only 11 other residences, and stunning designer details in this beautifully renovated home with a sprawling layout of over 5000 square feet of interior, and 2200 square feet of exceptionally landscaped terrace. In the grand double-height great room defined by light, scale, volume, and proportion, you will find original cast-iron columns, a gracious 25-foot-long skylight illuminating the space throughout, a wood-burning fireplace, wide plank Brazilian wood flooring, and oversized south-facing windows. The apartment's endless wall space creates the ideal backdrop for your enviable art collection, while multiple seating areas offer a sense of intimacy without compromising the openness and integrity of the loft.

The entire apartment is outfitted with a high-end security system, Nest thermostats, Lutron lighting, and Sonos sound system. Rest comfortably knowing there is complete sound isolation between you and your neighbors. Cooking becomes an art form in this chic open Poliform kitchen. Anchored by a beautifully crafted Greystone marble island, it boasts Gaggenau appliances and a stone pizza oven.

Around the corner, you’ll find easy access to a full laundry room with ample storage space large enough to fit several bicycles. For those who need additional storage, there is a designated space in the basement of the building that trades with the unit. Serenely secluded, the dreamy master suite features a skylight, ample custom closet space, and an en suite bathroom outfitted with a double vanity, shower, heated towel rack, and soaking tub. Three other spacious bedrooms also feature skylights and custom Poliform closets.

The home office or den is tucked away with its own ensuite bathroom. Each bedroom is equipped with Somfy and electric Lutron shades on all windows and skylights, in addition to ceiling speakers allowing you to create your desired home ambiance. A dramatic artistically designed stairway leads you upstairs to a spacious lounge area or media room, complete with a Poliform wet bar and wine fridge plus a powder room perfect for entertaining.

This airy room is a peaceful oasis featuring the ideal set up for social gatherings with beautiful views of iconic buildings such as the Freedom Tower, the Woolworth Building, and Herzog & De Meuron’s 56 Leonard Street. Floor to ceiling windows connect the space to a massive private and protected landscaped wraparound terrace equipped with a custom sound system, Cantilever grill, and outdoor shower neighboring the seamlessly designed bamboo tree wall. The Romanesque Revival building designed by Albert Wagner (of Puck Building fame) was built in 1887 for wrapping paper magnate D.S. Walton & Co.

Today, 140 Franklin Street is widely regarded as one of the finest and most exclusive loft buildings in Manhattan. The building is centrally located in Tribeca's historic district, a neighborhood known for its great restaurants, authentic architecture, and quiet cobblestone streets. This full-service, meticulously maintained boutique condominium has a lobby featuring a mural by the founder of both the Minimal and Conceptual art movement, Sol LeWitt, 12 residences, a 24-hour doorman and a full-time super.

You’ll find solace in the most desirable area of Tribeca at the historic residence of 140 Franklin.

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Apartment Amenities

  • Washer/Dryer in apt.

Pricing History

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Estimated Monthly Cost

About 140 Franklin Street

85

140 Franklin Street has received a CityRealty Rating of 85, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

28
Out of 44
+
32
Out of 36
+
15
Out of 39
+
10
=
85
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Exposed 0 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points
  • Condo
  • Built in 1887
  • 14 Apartments
  • 6 Floors

Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • Pre War
  • Resident Storage
  • Central AC
  • Rooftop Terrace
  • Elevator
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Fireplaces
  • Terraces / Balconies

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Pros
  • Great TriBeCa location
  • Not too far from Ground Zero
  • Convenient to many restaurants
  • Convenient to City Hall Park
  • Some arched windows
  • Superintendent
  • Doorman
  • Subway station at the corner
  • Lobby has Sol LeWitt mural
Cons
  • No garage
  • No health club
  • No balconies
  • No sidewalk landscaping
  • No sundeck
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Subways

  1. 1
at Varick and North Moore 0.02 miles
  1. A
  2. C
  3. E
at Thompson 0.15 miles
  1. J
  2. Z
  3. N
  4. Q
  5. R
  6. 6
at Broadway 0.29 miles
  1. 2
  2. 3
at West Broadway 0.29 miles
  1. 4
  2. 5
at Centre and Reade 0.47 miles

Aerial Imagery

 
About this Building

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Listing provided courtesy of The Corcoran Group