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140 Franklin Street, #PHA

Listing no longer available on CityRealty as of Jan 31, 2016
It previously was on the market for a total of 122 days.
Last Sold on Aug 11, 2021 for $14,500,000
3 beds, 3.5 baths | Approx. 5,019 ft2
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  • Buyers
  • Perceval, Llc
  • Sellers
  • Khajak Keledjian
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1 apartment is currently available in this building.
122 days on Market

Pricing History

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Key Details

  • Listed: Oct 1, 2015
    Days on Market: 122
    Building Type: Condominium
    Neighborhood: Tribeca (Manhattan)
    Doorman: FT Doorman
    Listing viewed 391 times
Monthly Common Charges: $4,421
Monthly Real Estate Taxes: $4,369
Total Taxes & Fees: $8,790 ($1.75/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $131,518 ($26.20/ft2)
Note: the above is based on a down payment of 10% ($1,995,000), which is the minimum amount permitted by the building.

Description

140 Franklin Street is a full-service, 24-hour doorman, boutique (12 unit) condominium. Designed in 1887 by Albert Wagner, the architect of the iconic Puck Building on Lafayette Street, it was converted for residential use by Aldo Andreoli of AA Studio. Penthouse A, the unit designed for the developer, is now available for sale for the first time since the building was converted.

It offers 5,000 square feet of living space over two floors; roughly 4,000 on the first and 1,000 on the second. The second floor living room features two immense sliding glass doors opening onto over 2200 square feet of private roof terrace. This south and west facing terrace affords clear views of the Freedom Tower, the Woolworth Building and the Western Union Building.

The second floor also contains a small kitchen and wine refrigerator for ease of outdoor entertaining, as well as a half bath. The first floor entryway leads to a double height, 48 foot long great room with a wall of eight south-facing windows and a 25 foot angled skylight, providing an abundance of natural light. A wood burning fireplace dominates the great room’s west wall and abuts a stainless steel and marble open kitchen custom built by Poliform.

Albeit larger than the norm for classic lofts, Penthouse A features high ceilings, original cast iron columns and other details commonly associated with such apartments. While the residence certainly benefits from the prewar standards of quality construction, the apartment has been responsibly updated with contemporary details such as central air and an apartment-wide Lutron lighting system. A gallery hallway, designed to house the developers art collection (he was a patron of Sol LeWitt, whose mural adorns the building’s lobby), leads to the master suite and two additional windowed, skylit bedrooms (one now used as a library), each with attendant bath, as well as a storage area (designed by Poliform) and a laundry room.

This urban mansion is the ideal home for grand entertaining and luxe living in the best location Tribeca has to offer.

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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

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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