
Seller's Agent in 2021
Stephen Ferrara
Compass
(646) 761-3592
31 in this area
198 Total Sales
Estimated Value: $1,865,000 - $2,682,000
The chicness of TriBeCa comes to life at 5 Franklin Place, a sleek new condominium standing 19 stories in the heart of the vibrant neighborhood. Loft-like 5C is an exceptional one-bedroom, two-bathroom apartment that affords luxurious downtown living on a coveted cobblestone street. The stunning residence is marked by walls of windows, 9'5"+ ceiling heights, 5'oak hardwood floors, striking wallpapered columns, chic industrial lighting, and a gracious open layout for easy living, dining, and entertaining. A beautiful oversized open kitchen is modern in design and tailored to cook, featuring Poggenpohlcabinetry, a huge Calacatta marble island, dual ovens, range and dishwasher by Bosch, a concealed Sub-Zero refrigerator, and a wine cooler.
The large airy entry foyer is perfect for use as a home office space, off of which sits an elegant full bath adorned with hand-laid imported marble. Unwind in your king-size primary bedroom overlooking handsome architecture through picture windows. A spacious walk-in closet and dressing area with big double closets accommodate generous storage of your personal belongings. Luxuriate in the high-end en-suite bath clad in hand-laid imported marble, styled with a double-sink vanity, soaking tub, and separate walk-in shower enhancing the spa experience. Other highlights are an in-home washer/dryer, central AC, Control 4 shades and blackouts in the bedroom, a Sonos-controlled sound system, and an incredible 65 sq ft storage room accessed from both the apartment and 5th-floor hallway.
Built in 2015, 5 Franklin Place was designed by world-renowned architects ODA, with interiors thoughtfully conceived by the distinguished Andres Escobar. Amenities include a full-time concierge/doorman, live-in super, on-site parking garage, landscaped roof deck with a heated pool & cabanas, state-of-the-art gym, playroom, private storage, and bicycle storage. The prime location between Franklin and White Streets is in close proximity to upscale shops and restaurants, lovely parks, and convenient public transportation.
There is currently a capital assessment starting April 2021 for the next 3 months for $663.89/ month.
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Foster Family Trust | $2,175,000 | -- | |
5Franklin5c Llc | $1,783,465 | -- |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Foster Family Trust | $1,245,000 | |
Previous Owner | 5Franklin5c Llc | $1,399,200 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/01/2021 07/01/21 | Sold | $2,195,000 | 0.0% | $1,722 / Sq Ft |
04/13/2021 04/13/21 | Pending | -- | -- | -- |
03/31/2021 03/31/21 | For Sale | $2,195,000 | -- | $1,722 / Sq Ft |
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 | $28,433 | $236,715 | $7,838 | $228,877 |
2024 | $28,433 | $227,431 | $7,838 | $219,593 |
2023 | $27,106 | $220,965 | $7,838 | $213,127 |
2022 | $25,907 | $242,339 | $7,838 | $234,501 |
2021 | $23,891 | $194,757 | $7,838 | $186,919 |
2020 | $23,404 | $215,715 | $7,838 | $207,877 |
2019 | $21,930 | $210,868 | $7,838 | $203,030 |
2018 | $20,490 | $195,052 | $7,838 | $187,214 |
2017 | $19,259 | $169,631 | $7,838 | $161,793 |
2016 | $13,082 | $101,599 | $7,838 | $93,761 |
Seller's Agent in 2021
Stephen Ferrara
Compass
(646) 761-3592
31 in this area
198 Total Sales
Seller Co-Listing Agent in 2021
Clayton Orrigo
Compass
(212) 993-1565
30 in this area
226 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10708030
APN: 0175-1514