$2,900,000
SOLD NOV 26, 2024
3 Beds
3.5 Baths
1,967 Sq Ft
$3,663/mo HOA Fee

Recently Sold

$1,474 Per Sq Ft

13% Below List Price

122 Days on Market

Highlights

  • Concierge
  • 3-minute walk to Canal Street (N,Q,R Line)
  • Rooftop Deck
  • P.S. 397 Spruce Street School Rated A
  • Indoor Pool
  • 4-minute walk to Tribeca Park

About This Home

As of November 2024

Welcome to 5 Franklin Place, an epitome of luxurious living in the heart of Tribeca. This exquisite 3-bedroom, 3.5-bathroom condo is a testament to modern elegance. Situated on a private cobblestone block between Franklin and White Street, the 20-story masterpiece, completed in 2015, is one of Tribeca's most sought-after condominiums. Designed by the renowned architectural firm ODA, the building boasts a unique cantilevered feature on its top half, setting it apart as a true architectural gem. The interiors, crafted by the distinguished Andres Escobar, are a testament to thoughtful design.



Step into 8A, a spacious haven, to be greeted by 9'5' high ceilings and 5" oak hardwood floors, creating an ambiance of grandeur and sophistication. The oversized kitchens are a home chef's dream, with Calacatta marble islands, Poggenpohl cabinetry, a concealed Subzero refrigerator, dual Bosch ovens, a range, and a dishwasher. The stunning kitchen pours into the sun soaked living area. Each bedroom room is sunny and boasts its own en-suite bath and open sky views. The principal bedroom is spacious and has two walk-in closets along with a luxurious bath. A laundry area is conveniently located in the hallway across from the bedrooms. The unit is offered with a deeded storage room on the same floor.



Indulge in the luxurious bathrooms with hand-laid imported marble, and most master bathrooms boast 5-piece fixtures, including a stand-up glass shower, marble-clad tub, and double vanity sinks.



The building's amenities cater to your every need. A full-time concierge and doorman ensure convenience and security, while parking options are available for your peace of mind. A live-in superintendent is on-site to address your needs promptly. The landscaped roof deck, featuring a heated pool, cabanas, and barbecue offers a serene escape from the city's hustle and bustle. There is also a state-of-the-art gym and a children's playroom. Additional private storage spaces and bicycle storage are also available for your convenience.



This residence is the perfect blend of modern luxury and downtown convenience. Franklin Place offers the charm of this private enclave while being in the center of Tribeca, necessities like Gourmet Garage Supermarket are just across the street.



Contact us today to schedule a viewing and experience the epitome of urban living.

Last Agent to Sell the Property

Kirsten Jordan

Corcoran Group License #10301207889

Corcoran Group

Co-Listed By

Lindsay Coleman

Corcoran Group License #10401357248

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2015

HOA Fees

  • $3,663 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,967 Sq Ft Home
  • Laundry in unit
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Indoor Pool
  • East Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 1520 / 00175

Community Details

Overview

  • 53 Units
  • High-Rise Condominium
  • Franklin Place Condos
  • Tribeca Subdivision
  • 20-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Courtyard
  • Children's Playroom

Property Details

Home Type

Condominium

Year Built

Built in 2015

Lot Details

0

HOA Fees

$3,663 per month

Listing Details

  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Tribeca
  • Entry Level: 8
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Fireplace: No
  • Living Area: 1967.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Other, In Unit
  • Green Building Features: Common Playroom, Concierge, Elevator(s), Indoor Pool
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3663.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Franklin Place
  • Units: 53
  • Total Stories: 20
  • Year Built: 2015

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00175
  • Tax Lot: 1520

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $2,900,000 0.0% $1,474 / Sq Ft
11/26/2024 11/26/24 Price Changed $2,900,000 -6.5% $1,474 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
08/16/2024 08/16/24 Price Changed $3,100,000 -7.5% $1,576 / Sq Ft
07/11/2024 07/11/24 For Sale $3,350,000 -- $1,703 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10984069

Real Estate Board of New York (REBNY)