$3,700,000
SOLD OCT 26, 2017
3 Beds
4 Baths
1,724 Sq Ft
$1,934/mo HOA Fee

Recently Sold

$2,146 Per Sq Ft

14% Below List Price

296 Days on Market

Highlights

  • Balcony
  • 3-minute walk to Canal Street (N,Q,R Line)
  • 4-minute walk to Tribeca Park
  • P.S. 397 Spruce Street School Rated A
  • Garage

About This Home

As of October 2017

Captivated by the remarkable TriBeCa skyline whilst entertaining or relaxing on either one of your two large terraces is truly a luxury to embrace. The splendor of the apartment, thoughtful space and functionality reiterates a home with timeless elegance. This exceptional sun-filled home with western exposures streaming in everywhere you turn welcomes you into a large foyer that leads you into the well-appointed split floor plan, including three spacious bedrooms each complete with a private spa-like marble full bathroom. The meticulously crafted master chef's kitchen is connected to an enormous living and dining area with an adjoining terrace, creating a perfect space for entertaining! You will have the favorite spot for any dinner party in this fabulous kitchen featuring two Bosch ovens with range, Bosch dishwasher, tons of Poggenpohl cabinetry, an integrated Subzero refrigerator, wine storage, a garbage disposal, and completed with fabulous marble countertops and backsplash. The three spa-like full bathrooms and powder room are designed with top-of-the-line Waterworks fixtures and imported hand-laid marble. The magnificent master suite will impress anyone with a large private terrace, tremendous closet space, large windows, and a lavish en-suite complete with Waterworks fixtures, double vanity, separate shower, and deep soaking bathtub. The entire home has 5-inch oak hardwood floors, Miele washer and dryer, and ample closet space. The lavish new building boasts fantastic amenities including a sensational roof deck with a swimming pool and cabanas, a children's playroom, state-of-the-art gym, a 24 hour doorman/concierge, storage, and bike storage. Enjoy the thriving neighborhood with everything you need a stones-throw away, with options such as Gourmet Garage, Dean and Deluca, Billy's Bakery, Cross-fit Gym, Aire Spa and Bath House, top Tribeca restaurants, and close to all the shops in SoHo. 5 Franklin has set precedents for new development and is surrounded by other exciting new developments boosting real estate values, including 60 White St, Cast Iron House designed the Pritzker Prize winning architect Shigeru Ban, and 56 Leonard designed by Pritzker Prize winning architects Herzog and de Meuron.

Last Agent to Sell the Property

Holly Parker

Compass License #30PA0869832

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,600

Year Built

  • Built in 2015

HOA Fees

  • $1,934 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,724 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Additional Features

  • Balcony
  • No Cooling

Community Details

  • 51 Units
  • Tribeca Subdivision
  • 20-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,600

Year Built

Built in 2015

Lot Details

0

HOA Fees

$1,934 per month

Listing Details

  • Cross Street: White Street & Franklin Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: TRIBECA
  • Entry Level: 9
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Living Area: 1724.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1934.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 51
  • Total Stories: 20
  • Year Built: 2015

Tax Info

  • Tax Block: 0
  • Tax Annual: 30600.0

Map

Range of Values:

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Average Value
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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
02/07/2025 02/07/25 Pending -- -- --
12/04/2024 12/04/24 Price Changed $2,995,000 -7.8% $1,737 / Sq Ft
11/01/2024 11/01/24 For Sale $3,250,000 -12.2% $1,885 / Sq Ft
10/26/2017 10/26/17 Sold $3,700,000 -13.9% $2,146 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
12/03/2016 12/03/16 For Sale $4,295,000 -- $2,491 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10041092

Real Estate Board of New York (REBNY)

APN: 620100-00175-1523