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

Franklin Place, 5 Franklin Place, #34BC

$4,950,000 ($2,015 per ft2) | 4 beds, 3 baths | Approx. 2,456 ft2
462 days on Market

Key Details

  • Listed May 6, 2020
    Days on Market 462
    Building Type Condominium
    Neighborhood Tribeca
    Doorman FT Doorman
    Listing viewed 1,010 times
Monthly Common Charges $2,256
Monthly Real Estate Taxes $1,374
Total Taxes & Fees $3,630 ($1.48/ft2)
Est. Monthly Mortgage $16,696
Total Est. Monthly Carrying Cost $20,326 ($8.28/ft2)

Description

Welcome to 3|4-BC an exceptional 2,456SF generous home located at 5 Franklin Place one of Tribeca's newest developments. The discreet full-time attended lobby welcomes you and leads you up to the apartments foyer. As you enter the living room you are immediately struck by the double height ceilings and its oversized windows overlooking Tribeca.

No photograph can capture the experience of walking into this exceptional duplex loft. This apartment layout features 5 gracious sized rooms, 5 inch oak hardwood floors, and an endless amount of storage space including a storage unit. On the Lower lever we have your Open kitchen featuring 2 integrated Subzero refrigerators, double Poggenpohl cabinetry, Bosch gas stove range, wine fridge, and dishwasher.

Making this perfect for entertaining and hosting the most lavish parties. 3/4-BC features luxuriously finished & spacious bathrooms with hand-laid imported marble, Waterworks fixtures, double vanity, and separate shower and bathtub. On the upper level we are welcomed with an oversized Master Bedroom, enormous walk in closet, double vanity restroom with both Deep soaking tub & Shower, and an adjoining study/workout room.

Tribecas newest condominium, 5 Franklin Place is a unique private alley located on a quiet block north of Franklin Street in Tribeca, one of New York City's prime locations. The exterior of the building is designed by the world renowned architectural firm, ODA. The interiors are designed by Andres Escobar.

The building amenities include: full time concierge/doorman, parking, live-in super, landscaped roof deck with pool & cabanas, state-of-the-art gym, children's playroom, private storage spaces and separate bicycle storage. Deeded parking space available separately upon request.

**DISCLAIMER: THE BEDROOMS ARE INTERIOR ** *

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Apartment Amenities

  • Eastern Exposures

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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
  • Condo
  • Built in 2015
  • 53 Apartments
  • 20 Floors

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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One Manhattan Square
Between Pike Slip & Rutgers Slip
Lower East Side
Enjoy breathtaking views and unparalleled amenities, including spa with 75-foot saltwater pool, hot tub, sauna and a tranquility garden.
Learn More
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Listing provided courtesy of Nest Seekers