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In Contract

Franklin Place, 5 Franklin Place, #10B

$1,385,000 ($1,832 per ft2) -6.1% | 1 bed, 1 bath | Approx. 756 ft2
View Full Building Profile  | 
192 days on Market

Key Details

  • Listed: Oct 26, 2023
    Last Price Change: -6.1% ($90,000) on Nov 15
    Days on Market: 192
    Building Type: Condominium
    Neighborhood: Tribeca (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $1,194
Monthly Real Estate Taxes: $1,350
Total Taxes & Fees: $2,544 ($3.37/ft2)
Est. Monthly Mortgage: $7,664
Total Est. Monthly Carrying Cost: $10,208 ($13.50/ft2)
Note: the above is based on a down payment of 20% ($277,000), which is the minimum amount permitted by the building.

Description

Update: Signed Contract On a private cobblestone street in the heart of Tribeca, you’ll find the perfect blend of elegance and modernity. Impeccable design and well executed features define this remarkable home. Tall ceilings and 5-inch wide oak flooring throughout the home provides a touch of warmth and sophistication to the living space. The chef-worthy kitchen offers excellent counter space and boasts beautiful Poggenpohl cabinetry, an integrated Subzero refrigerator, a wine cooler and a Bosch cook-top range, wall oven and dishwasher.

A luxurious bathroom is highlighted by hand-laid imported marble and Waterworks fixtures, creating a spa-like ambiance. Additionally, all closets have been thoughtfully built out with custom designs to maximize storage space. Designed by renowned ODA architects and built in 2015, 5 Franklin Place offers exceptional amenities. Curated for privacy and elegance this intimate boutique property is secured by a 24-hour doorman and a private street entrance.

The outdoor rooftop pool with cabanas provides the perfect oasis for relaxation. Enjoy stunning views of the city from the landscaped rooftop terrace, complete with outdoor seating and cooking grills. Stay in shape at the state-of-the-art fitness center or spend quality time with your little ones at the designer children’s playroom.

Situated in the vibrant neighborhood of Tribeca, this home offers a prime location with an abundance of nearby attractions. The cobblestone streets and iconic buildings in the neighborhood add a touch of charm to the area, while the proximity to Soho and Tribeca’s hottest restaurants ensures endless dining options....with some of the best kept secrets for restaurants, wine bars and cafes. With subways to both the east and west side just a few blocks away, commuting around the city is effortless.

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Apartment Amenities

  • Northern Exposures
Listing courtesy of Compass

Pricing History

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About Franklin Place, 5 Franklin Place

90

Franklin Place, 5 Franklin Place has received a CityRealty Rating of 90, 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

32
Out of 44
+
27
Out of 36
+
21
Out of 39
+
10
=
90
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Very Attractive 3 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 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:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 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:
3-5 Short Blocks 1 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:
6-10 Short Blocks 1 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:
Stunning 5 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 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:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 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:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Pool
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Children's Playroom
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Live-in superintendent
  • Parking
  • Plaza
  • Roof deck with swimming pool
  • Close to Subway
  • Concierge
  • Doorman
  • Bicycle room
  • Storage
  • Large plaza
  • Live-in superintendent
  • Parking
  • Roof deck with swimming pool
  • Bicycle room
  • Doorman
  • Concierge
Cons
  • No fire escapes
  • No fireplaces
  • Mid-block
  • No balconies
  • No balconies
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Subways

  1. J
  2. Z
  3. N
  4. Q
  5. R
  6. 6
at Broadway 0.15 miles
  1. 1
at Varick and North Moore 0.18 miles
  1. A
  2. C
  3. E
at Thompson 0.20 miles
  1. 4
  2. 5
at Lafayette and Duane 0.34 miles
  1. 2
  2. 3
at West Broadway 0.34 miles

Aerial Imagery

 

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