$2,995,000
SOLD MAY 29, 2025
2 Beds
3 Baths
1,750 Sq Ft
$2,838/mo HOA Fee

Recently Sold

$1,711 Per Sq Ft

0 Day on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Canal Street (N,Q,R Line)
  • Kitchen Island
  • P.S. 397 Spruce Street School Rated A
  • Eat-In Kitchen
  • 4-minute walk to Tribeca Park

About This Home

As of May 2025

This two-bedroom plus den/media room and three full bathroom residence is a haven in one of Tribeca’s premier full-service luxury buildings. The east-facing layout bathes the home in natural light, while soaring 9.5' ceilings and custom 5-inch wood flooring enhance the elegance and warmth of the space.

The open-concept kitchen features Poggenpohl cabinetry, marble countertops, and top-of-the-line appliances, including a Subzero refrigerator and Bosch stove, range, and dishwasher and wine cooler. Flowing seamlessly into the expansive great room, this space is ideal for entertaining.

The primary suite is a five-star retreat, complete with an oversized walk-in closet, a custom built-in vanity, and a spa-like en-suite bathroom with radiant heated floors, dual sinks, and a separate tub and shower. Additional features include a vented washer/dryer and Lutron electronic shades throughout.

Situated on a serene cobblestone block just north of Franklin Street, 5 Franklin Place offers unparalleled access to Tribeca’s finest shopping, dining, entertainment, and transportation options.

Designed by the renowned ODA with interiors by Andres Escobar & Associates, this 19-story, 51-unit architectural masterpiece was completed in 2015. Residents enjoy white-glove service with a full-time concierge, doorman, live-in superintendent, bike storage, and private unit storage. Amenities include a landscaped roof deck with a heated pool and cabanas, a state-of-the-art fitness center, and a playroom.

Last Agent to Sell the Property

Stephen Ferrara

Compass License #10401243834 Listed on: 04/08/2025

Compass

Co-Listed By

Ian Lefkowitz

Compass License #10401241492

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,312

Year Built

  • Built in 2015

Lot Details

  • North Facing Home

HOA Fees

  • $2,838 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 9th floor

Interior Spaces

  • 1,750 Sq Ft Home
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Wine Cooler
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • No Heating

Community Details

  • 51 Units
  • High-Rise Condominium
  • Tribeca Subdivision
  • 19-Story Property

Listing and Financial Details

  • Legal Lot and Block 1526 / 00175

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,312

Year Built

Built in 2015

Lot Details

0

HOA Fees

$2,838 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: TriBeCa
  • Entry Level: 9
  • Structure Type: High Rise, Mixed Use
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Interior Features: Eat-in Kitchen, Kitchen Island
  • Appliances: Wine Cooler
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1750.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

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

Exterior Features

  • View: No
  • Exterior Features: Private Outdoor Space Under 60 Sqft

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Garage

Utilities

  • Laundry Features: In Unit, See Remarks
  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2838.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.170000x0.000000

Building Info

  • New Construction: No
  • Units: 51
  • Total Stories: 19
  • Year Built: 2015

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00175
  • Tax Lot: 1526
  • Tax Annual: 36312.0

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Sold $2,995,000 0.0% $1,711 / Sq Ft
04/08/2025 04/08/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $2,995,000 0.0% $1,711 / Sq Ft
08/28/2023 08/28/23 Rented $13,500 0.0% --
08/15/2023 08/15/23 Under Contract -- -- --
08/04/2023 08/04/23 Price Changed $13,500 -3.6% $8 / Sq Ft
05/13/2023 05/13/23 For Rent $14,000 0.0% --
04/14/2023 04/14/23 Off Market $14,000 -- --
04/10/2023 04/10/23 For Rent $14,000 +16.7% --
07/18/2018 07/18/18 Rented -- -- --
06/18/2018 06/18/18 Under Contract -- -- --
03/28/2018 03/28/18 For Rent $12,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20014887

Real Estate Board of New York (REBNY)

APN: 620100-00175-1526