NOT LISTED FOR SALE

Estimated Value: $1,617,000 - $1,829,000

2 Beds
2 Baths
1,024 Sq Ft
2009 Built

Highlights

  • Concierge
  • 3-minute walk to Canal Street (4,5,6 Line)
  • City View
  • P.S. 124 Yung Wing Elementary Rated A
  • Rooftop Deck
  • 1-minute walk to Collect Pond Park

About This Home

As of January 2024

Available starting December 18th

Unveil your dream 2-bedroom, 2-bathroom condo in the vibrant heart of Tribeca. This fully furnished apartment is move-in-ready with all your essential needs. The space features an open kitchen with a large stylish island. Step onto your private balcony and be captivated by commanding views of the uptown skyline, including iconic landmarks like the Empire State and Chrysler buildings. The evening spectacle of city lights will surely inspire you.

Inside, you'll find an expansive open living room space with an abundance of seating, creating the perfect atmosphere for relaxation and entertainment. Additionally, there's a separate dining room space for enjoying meals with family and friends. For added versatility, the second bedroom has been transformed into an office with a pull-out couch, offering both productivity and a comfortable space for guests. The primary bedroom is a luxurious retreat, featuring a king-size bed and an abundance of closet space, ensuring your comfort and storage needs are well met. It also boasts an en-suite bathroom, providing convenience and privacy. The unit includes central air and heat. There is also a washer and dryer making laundry a breeze without leaving the comfort of your home.

Experience a communal rooftop terrace equipped with comfortable loungers, perfect for basking in the New York sun. This modern haven is a testament to the owner's impeccable style, adorned with art featuring the likes of Frida Kahlo and James Dean, catering to the tastes of fellow enthusiasts. Aside from the stunning vistas, the neighborhood boasts picturesque cobblestone streets, a plethora of fine dining establishments, chic bars, and trendy boutiques. You'll find yourself just three blocks away from the charm of Soho, Nolita, and the vibrancy of Chinatown - a location that's hard to beat. After all, there's no place in the world quite like New York City, and this apartment's amenities ensure a comfortable and enjoyable stay.

Last Agent to Rent the Property

Jennifer Xavier

Corcoran Group License #10401338196 Listed on: 11/02/2023

Corcoran Group

Co-Listed By

Dana Power

Corcoran Group License #10301208861

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,567

Year Built

  • Built in 2009

Parking

  • Garage

Home Design

  • Entry on the 12th floor

Interior Spaces

  • 1,024 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Outdoor Features

  • Balcony
  • Terrace

Additional Features

  • North Facing Home
  • No Cooling

Listing and Financial Details

  • Property Available on 11/13/23
  • Legal Lot and Block 7504 / 00172

Community Details

Overview

  • No Home Owners Association
  • 72 Units
  • High-Rise Condominium
  • 50 Franklin Condos
  • Tribeca Subdivision
  • 18-Story Property

Amenities

  • Concierge
  • Rooftop Deck

Condo Details

Home Type

Condominium

Est. Annual Taxes

$25,567

Year Built

Built in 2009

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Furnished
  • Available Date: 2023-11-13

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Tribeca
  • Entry Level: 12
  • Structure Type: High Rise
  • ResoPropertyType: ResidentialLease
  • Pets No Pets Comments: ,Building Pets Allowed Comments:Case By Case
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1024.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Terrace, Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Other, In Unit
  • Green Building Features: Concierge, Elevator(s), Green Building
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 50 FRANKLIN
  • Units: 72
  • Total Stories: 18
  • Year Built: 2009

Tax Info

  • Tax Block: 00172
  • Tax Lot: 7504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2010
Sold by
48-52 Franklin Llc
Bought by
Low Libman Betsy
Current Estimated Value
$1,707,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$277,736
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,429,897
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Low Libman Betsy -- --
Low Libman Betsy $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Low Libman Betsy $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Rented $9,000 -10.0% --
11/16/2023 11/16/23 Price Changed $10,000 -23.1% $10 / Sq Ft
11/08/2023 11/08/23 Price Changed $13,000 -13.3% $13 / Sq Ft
11/03/2023 11/03/23 For Rent $15,000 -- --
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 $25,567 $204,967 $12,031 $192,936
2024 $25,567 $204,505 $12,031 $192,474
2023 $24,531 $199,979 $12,031 $187,948
2022 $19,739 $197,641 $12,031 $185,610
2021 $23,337 $190,241 $12,031 $178,210
2020 $19,074 $212,380 $12,031 $200,349
2019 $18,898 $202,637 $12,031 $190,606
2018 $13,691 $202,333 $12,031 $190,302
2017 $12,873 $181,633 $12,031 $169,602
2016 $8,573 $176,603 $12,031 $164,572
2015 $614 $165,706 $12,031 $153,675
2014 $614 $150,467 $12,030 $138,437
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10948620

Real Estate Board of New York (REBNY)

APN: 0172-1453