NOT LISTED FOR SALE

185 Franklin St New York, NY 10013

Tribeca Neighborhood

Estimated Value: $9,342,228

6 Beds
6 Baths
8,430 Sq Ft
$1,108/Sq Ft Est. Value

Last Sold April 08, 2015

Last sale price $8,925,000 $1,059 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $56,085/month

331 Days on Market

Highlights

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

About This Home

As of April 2015

Ideally situated in Manhattan's historic and architecturally significant neighborhood of Tribeca, this 6-story offering is currently configured with full floor, boutique office spaces. The ground level offers a generous lobby and a rear facing office space. Units feature keyed elevator access, wood floors, exposed brick, and double exposures (North and South).The property presents a unique opportunity in one of Manhattan's hottest neighborhoods.

Last Agent to Sell the Property

Louis Puopolo

Douglas Elliman Commercial LLC License #10301209876 Listed on: 03/26/2014

Douglas Elliman Commercial LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $78,646

Year Built

  • Built in 1915

Lot Details

  • 1,394

Home Design

  • 8,430 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Community Details

  • 6 Units
  • Tribeca Subdivision
  • 6-Story Property

Listing and Financial Details

  • Tax Block 181

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$78,646

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cross Street: Greenwich & Hudson Street
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: TRIBECA
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 6

Interior Features

  • Living Area: 8430.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Bathrooms Integer: 6
  • Bedrooms: 6

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 6
  • Total Stories: 6
  • Year Built: 1915

Tax Info

  • Tax Block: 181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2014
Closed on
Apr 8, 2015
Sold by
185 Franklin Street Development Associat
Bought by
Zerlina Properties Corp
Seller's Agent
Louis Puopolo
Douglas Elliman Commercial LLC
List Price
$11,000,000
Sold Price
$8,925,000
Premium/Discount to List
-$2,075,000
-18.86%
Current Estimated Value
$9,342,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,228
Avg. Annual Appreciation
0.43%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zerlina Properties Corp $8,925,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2015 04/08/15 Sold $8,925,000 -18.9% $1,059 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
04/11/2014 04/11/14 For Sale $11,000,000 -- $1,305 / 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 $78,646 $892,800 $152,100 $740,700
2024 $78,646 $742,500 $152,100 $590,400
2023 $91,454 $859,050 $152,100 $706,950
2022 $106,329 $988,650 $152,100 $836,550
2021 $85,900 $803,250 $152,100 $651,150
2020 $107,192 $1,078,650 $152,100 $926,550
2019 $103,973 $1,215,000 $152,100 $1,062,900
2018 $94,813 $1,057,050 $152,100 $904,950
2017 $90,179 $968,400 $152,100 $816,300
2016 $83,594 $899,550 $152,100 $747,450
2015 $28,023 $873,900 $152,100 $721,800
2014 $28,023 $779,400 $152,100 $627,300
Source: Public Records

Agents Affiliated with this Home

  • Louis Puopolo

    Seller's Agent in 2015

    Louis Puopolo

    Douglas Elliman Commercial LLC

    (212) 776-4367

    2 Total Sales

    Louis Puopolo
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060894

Real Estate Board of New York (REBNY)

APN: 0181-0015

New York New York County New York 10013 Tribeca

185 Franklin St, New York, NY

This home is located at 185 Franklin St, New York, NY 10013 since 26 March 2014 and is currently estimated at $9,342,228, approximately $1,108 per square foot. This property was built in 1915. 185 Franklin St 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

RLS Data display by Homes.com LLC

Nearby Homes