140 Franklin St Unit PHC New York, NY 10013
Tribeca Neighborhood
3
Beds
4.5
Baths
4,100
Sq Ft
$5,561/mo
HOA Fee
Highlights
- City View
- 1-minute walk to Franklin Street
- Terrace
- P.S. 234 Independence School Rated A
- 1 Fireplace
- 2-minute walk to Tribeca Park
About This Home
As of March 2025Sun-kissed luxury penthouse living awaits in this sprawling three-bedroom, four-and-a-half-bathroom duplex loft featuring exquisite industrial-meets-modern interiors and a massive rooftop terrace atop a full-service boutique condominium in the heart of Tribeca.
Spanning more than 4,100 square feet across the top two floors of the building, this impressively renovated showplace delivers an exceptionally private backdrop for fine living and lavish entertaining. Interior designer Robert Stilin deployed a thoughtful aesthetic that marries the home's boundless natural light with pale, wide-plank hardwood floors and original architectural details like cast-iron columns, beams and a staircase. Every corner of the duplex is flooded with natural light thanks to over a dozen oversized windows and multiple skylights.
A gracious entry flanked by closets and a powder room ushers you into the glorious great room where a massive skylight, wide-open city views and a wood-burning fireplace add welcoming warmth and visual interest. The world-class open kitchen is a masterwork of custom waxed oak and wired glass cabinetry by RJ Millwork, French custom stone countertops and glistening subway tile backsplashes. The massive center island/breakfast bar welcomes casual dining under a row of pendants, while the fleet of upscale appliances includes a vented six-burner Wolf range with double ovens, a 48-inch Sub-Zero refrigerator, three dishwashers, a 150-bottle wine refrigerator, Viking microwave and a Miele coffee system.
The loft's luxurious accommodations begin with an expansive owner's retreat featuring a skylight, a walk-in closet and a windowed en suite bathroom with a rain shower, double vanity and towel warmer. Two skylit secondary suites connected by a pocket door boast large closets, built-ins and attached full bathrooms. Head to the upper level to discover a sun-splashed den, home office, full bath and media room, making the space equally ideal as a fourth bedroom suite or a fantastic lounge for seamless indoor-outdoor entertaining. The loft's crowning glory is the magnificent 1,650-square-foot rooftop terrace featuring spacious seating and dining areas, a well-equipped summer kitchen, manicured landscaping and handsome decking and pavers. Tall privacy walls make this al fresco sanctuary both completely open and incredibly private. Central HVAC, integrated speakers and smart home controls for lighting, shades and sound add comfort and convenience to this one-of-a-kind Tribeca penthouse.
140 Franklin Street is a stunning Romanesque Revival store and factory building designed by prolific commercial architect Albert Wagner in 1887. Inspired by Wagner's own Puck Building design, the brick, brownstone and terra cotta structure initially included an impressive clocktower that rose several stories above the corner of Franklin and Varick. Converted to condominium use in 2000, the beautifully maintained 14-unit building offers 24-hour doorman and full-time superintendent service, an original lobby mural, and a water filtration system.
Positioned within the Tribeca Historic District, this home is surrounded by remarkable shopping, dining and nightlife, including Locanda Verde, Frenchette, One White, Mr. Chow and Bubby's. Whole Foods and the year-round Tribeca greenmarket are nearby. Just two blocks west, you'll find 500 acres of waterfront outdoor space and recreation at Hudson River Park, including fantastic Pier 25 and 25 amenities. Access to transportation couldn't be better with A/C/E, 1/2/3, J/Z, N/Q/R/W and 6 trains, excellent bus service and CitiBike stations all nearby.
Last Agent to Sell the Property
Corcoran Group License #40DA0774787 Listed on: 12/12/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $115,889
Year Built
- Built in 1889
HOA Fees
- $5,561 Monthly HOA Fees
Interior Spaces
- 4,100 Sq Ft Home
- 1 Fireplace
- City Views
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
Additional Features
- Terrace
- Cooling Available
Community Details
- 14 Units
- Tribeca Subdivision
- Property has 2 Levels
Listing and Financial Details
- Legal Lot and Block 1515 / 00189
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 12, 2024
Closed on
Mar 31, 2025
Sold by
Seccia Peter
Bought by
Daniel Roshco As Trustee and Roundtop City Property Trust
Seller's Agent
Daniel Davis
Corcoran Group
List Price
$12,980,000
Sold Price
$12,600,000
Premium/Discount to List
-$380,000
-2.93%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-78.21%
Original Mortgage
$5,000,000
Outstanding Balance
$4,991,383
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,883,836
Purchase Details
Closed on
Oct 17, 2016
Sold by
Pls Franklin Llc
Bought by
Seccia Peter
Purchase Details
Closed on
Aug 21, 2009
Sold by
Dowling Kimberly and Dowling Timothy
Bought by
Pls Franklin Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,225,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 18, 2004
Sold by
Franklin Equity Associates Llc
Bought by
Dowling Kimberly and Dowling Timothy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Similar Homes in New York, NY
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $12,600,000 | -- | |
| Deed | -- | -- | |
| Deed | $6,600,000 | -- | |
| Deed | $6,600,000 | -- | |
| Deed | $4,882,509 | -- | |
| Deed | $4,882,509 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,000,000 | Purchase Money Mortgage | |
| Previous Owner | $0 | Stand Alone Second | |
| Previous Owner | $500,000 | No Value Available | |
| Previous Owner | $4,225,000 | Purchase Money Mortgage | |
| Previous Owner | $2,500,000 | Purchase Money Mortgage | |
| Closed | $500,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $12,600,000 | -2.9% | $3,073 / Sq Ft |
| 12/12/2024 12/12/24 | Pending | -- | -- | -- |
| 12/12/2024 12/12/24 | For Sale | $12,980,000 | -- | $3,166 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $115,889 | $926,962 | $115,003 | $811,959 |
| 2023 | $112,323 | $915,651 | $115,003 | $800,648 |
| 2022 | $89,040 | $884,338 | $115,003 | $769,335 |
| 2021 | $104,232 | $884,338 | $115,003 | $769,335 |
| 2020 | $83,090 | $979,477 | $115,003 | $864,474 |
| 2019 | $75,802 | $957,486 | $115,003 | $842,483 |
| 2018 | $83,940 | $924,007 | $115,003 | $809,004 |
| 2017 | $73,566 | $677,676 | $115,003 | $562,673 |
| 2016 | $0 | $673,206 | $115,003 | $558,203 |
| 2015 | $27,265 | $530,366 | $115,003 | $415,363 |
| 2014 | $27,265 | $494,558 | $115,003 | $379,555 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Davis
Seller's Agent in 2025
Daniel Davis
Corcoran Group
(212) 941-2560
60 in this area
80 Total Sales
-
Lisa Balbuena
Seller Co-Listing Agent in 2025
Lisa Balbuena
Corcoran Group
(516) 351-9469
40 in this area
52 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11025048
APN: 0189-1515
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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