NOT LISTED FOR SALE

155 Franklin St Unit 2S New York, NY 10013

Tribeca Neighborhood

Estimated Value: $3,311,763 - $5,810,000

3 Beds
2.5 Baths
2,438 Sq Ft
$1,215/mo HOA Fee

Last Sold October 04, 2022

Last sale price $5,950,000 $2,441 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $28,017/month

125 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to Franklin Street
  • 3-minute walk to Duane Park
  • P.S. 234 Independence School Rated A

About This Home

As of October 2022

Exquisite Tribeca loft living awaits in this spectacular three-bedroom, two-and-a-half-bathroom home featuring stunning original details, contemporary updates and a sought-after location surrounded by Belgian block streets.



At nearly 2,500 square feet, this expansive loft embraces its historical origins with bold steel columns, hardwood floors, dramatic beamed ceilings, exposed brick and 11 massive windows along the sunny southern and eastern exposures. The gracious foyer welcomes you inside with fantastic closet space and a convenient powder room. Ahead, enjoy a generous footprint for lavish entertaining and relaxed daily life. The adjacent open kitchen impresses with breakfast bar seating and a fleet of upscale appliances, including a six-burner Viking range and a Sub-Zero refrigerator.



Wake up to eastern light in the king-size primary suite featuring two closets, including a walk-in. The en suite marble bathroom beckons with a relaxing soaking tub, rain shower and double vanity. Two spacious and bright secondary bedrooms sit alongside the southern exposure, offering easy access to a second full bathroom. An in-unit washer-dryer and central HVAC add comfort and convenience to this outstanding Downtown loft.



Began in 1882, 155 Franklin is a handsome store-and-loft building featuring a brick and stone facade, cast-iron details and an impressive metal canopied entry. Converted to 10 condominium residences in 1996, the boutique building offers a freight-size elevator and the privacy of just two units per floor. Residents of the well-managed condo enjoy superintendent service, video intercom security and basement storage.



From this superb location within the Tribeca West Historic District, you're surrounded by remarkable shopping, dining and nightlife, including Locanda Verde, Frenchette, 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. Transportation couldn't be easier with A/C/E, 1/2/3, J/Z, N/Q/R/W and 6 trains, excellent bus service and CitiBike stations all nearby.



Tenant in place until March, 2023

Last Agent to Sell the Property

Jeffrey Wachtenheim

Corcoran Group License #40WA0997867 Listed on: 03/02/2022

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,008

Year Built

  • Built in 1882

HOA Fees

  • $1,215 Monthly HOA Fees

Home Design

  • 2,438 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Community Details

  • 10 Units
  • Sugar Loaf Condo
  • Tribeca Subdivision
  • 6-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,008

Year Built

Built in 1882

Lot Details

0

HOA Fees

$1,215 per month

Listing Details

  • Cross Street: VARICK STREET and HUDSON STREET
  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Tribeca
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 2438.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1215.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: SUGAR LOAF CONDO
  • Units: 10
  • Total Stories: 6
  • Year Built: 1882

Tax Info

  • Tax Block: NA
  • Tax Annual: 22008.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Oct 4, 2022
Sold by
Baker Revocable Trust
Bought by
Mundy As Trustee Chris and Panahpour, As Trustee, Nilou
Seller's Agent
Jeffrey Wachtenheim
Corcoran Group
List Price
$6,250,000
Sold Price
$5,950,000
Premium/Discount to List
-$300,000
-4.8%
Views
2
Current Estimated Value
$4,455,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,494,809
Avg. Annual Appreciation
-9.83%
Original Mortgage
$3,867,500
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2017
Sold by
Baker Madelaine S and Baker Thomas G
Bought by
Baker Revocable Trust Established March and Baker, Trustee, Madelaine S G

Purchase Details

Closed on
Aug 22, 2011
Sold by
Obenhaus Mark
Bought by
Baker Madelaine S and Baker Thomas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2001
Sold by
Zamoul Karim N
Bought by
Obenhaus Mark and Kohlman Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mundy As Trustee Chris $5,950,000 --
Baker Revocable Trust Established March -- --
Baker Madelaine S $2,995,000 --
Obenhaus Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mundy As Trustee Chris $3,867,500
Previous Owner Baker Madelaine S $1,200,000
Previous Owner Zahmoul Karim $425,000
Previous Owner Obenhaus Mark $1,000,000
Previous Owner Zahmoul Karim $373,864
Previous Owner Zahmoul Karim N $636,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Off Market $5,950,000 -- --
10/04/2022 10/04/22 Sold $5,950,000 0.0% $2,441 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
05/26/2022 05/26/22 Price Changed $5,950,000 -4.8% $2,441 / Sq Ft
03/02/2022 03/02/22 For Sale $6,250,000 -- $2,564 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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
2025 $25,512 $209,640 $32,197 $177,443
2024 $25,512 $204,063 $32,197 $171,866
2023 $24,530 $199,968 $32,197 $167,771
2022 $22,488 $183,798 $32,197 $151,601
2021 $22,548 $183,807 $32,197 $151,610
2020 $24,374 $208,370 $32,197 $176,173
2019 $19,744 $201,728 $32,197 $169,531
2018 $23,189 $191,577 $32,197 $159,380
2017 $22,418 $193,175 $32,197 $160,978
2016 $21,765 $182,210 $32,197 $150,013
2015 $12,968 $180,142 $32,197 $147,945
2014 $12,968 $164,540 $32,197 $132,343
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Wachtenheim

    Seller's Agent in 2022

    Jeffrey Wachtenheim

    Corcoran Group

    (212) 937-1505

    1 in this area

    3 Total Sales

    Jeffrey Wachtenheim
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10800236

Real Estate Board of New York (REBNY)

APN: 0179-1103

New York New York County New York 10013 Tribeca

155 Franklin St Unit 2S, New York, NY

This home is located at 155 Franklin St Unit 2S, New York, NY 10013 since 02 March 2022 and is currently estimated at $4,455,191, approximately $1,827 per square foot. This property was built in 1882. 155 Franklin St Unit 2S is a home located in New York County with nearby schools including P.S. 234 Independence School, Middle School 297, and Lower Manhattan Community Middle School.

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Real Estate Board of New York (REBNY) 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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