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149 Franklin Street is a six story, seven unit co op created from an 1889 warehouse in Tribeca’s West Historic District. Designed in the Romanesque Revival style by Charles C. Haight, the mid block building occupies a cobblestone street between Hudson and Varick Streets, with a façade organized around brick piers, cast iron window framing, carved stonework, decorative spandrels, and its original loading platform.
The building’s history includes commercial tenants such as the Thomas J. Lipton Company and Levi Berth & Company. In 1972, its lower floors were used for warehouse and gasket cutting operations while the upper floors contained artists’ studios; it was later converted to residential co op use. The developer was John E. Parsons, a founder and president of the Bar Association and the General Memorial Hospital for the Treatment of Cancer and Allied Diseases, as well as a former president of Cooper Union.
At seven residences, 149 Franklin Street is composed of large lofts rather than conventional apartment layouts. A top floor residence is organized as a floor through three bedroom loft with a home office, oversized south facing windows, and 15 foot skylights. Apartments have exposed historic structural elements and generous open living areas, while building amenities include in unit washer and dryers, central air, an intercom, and basement storage. Pets are allowed, and recent work has included façade repointing along with renovations to the roof and lobby.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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