NOT LISTED FOR SALE

Estimated Value: $1,569,000 - $1,828,000

2 Beds
2 Baths
1,000 Sq Ft
$1,697/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $1,500,000 $1,500 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $12,354/month

115 Days on Market

Highlights

  • Balcony
  • 3-minute walk to Canal Street (4,5,6 Line)
  • Laundry Facilities
  • P.S. 124 Yung Wing Elementary Rated A
  • Garage
  • 1-minute walk to Collect Pond Park

About This Home

As of August 2016

Enjoy downtown living in this stunning high-floor TriBeCa 2 bedroom, 2 bath residence at Fifty Franklin. With its crisp and clean layout, this chic and contemporary condominium residence boasts oak plank flooring, complemented by 10 foot floor-to-ceiling windows throughout, setting the stage for this home's picturesque New York City skyline views.

The Great Room of this residence is streamlined, beautifully accommodating both Living and Dining configurations. The modern, open kitchen is sleek, featuring an eat-in area, white lacquer cabinetry and countertops, concealed range hood, a SubZero refrigerator, Bosch stove/oven and wine refrigerator.

The master suite offers two large closets, encompassing an entire wall of the bedroom in addition to a gorgeous en-suite bath marked by beautiful travertine marble, natural stone and a rain shower. The second bedroom is nicely proportioned with the second full bath situated adjacent to this bedroom. This home also features an in-unit Bosch washer/dryer. Best of all, 12C offers a private balcony which offers breathtaking, unobstructed views.

Fifty Franklin is a full-service luxury condominium featuring 24-hour doorman/concierge, fitness center, media room, bike room, pet spa, live-in super, 12-car garage, a guest apartment available for rent nightly and a stunning landscaped rooftop terrace featuring grills with separate dining and lounge areas.

Last Agent to Sell the Property

Steven Giles

Compass License #10301211199 Listed on: 04/05/2016

Compass

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $8,280

Year Built

  • Built in 2009

HOA Fees

  • $1,281 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,000 Sq Ft Home
  • Entry on the 12th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Balcony
  • No Cooling

Community Details

Overview

  • Tribeca Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$8,280

Year Built

Built in 2009

Lot Details

0

HOA Fees

$1,281 per month

Listing Details

  • Cross Street: Broadway & Lafayette
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: TRIBECA
  • Entry Level: 12
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 0

Interior Features

  • Living Area: 1000.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1281.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condop
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 1
  • Year Built: 2009

Tax Info

  • Tax Block: 0
  • Tax Annual: 8280.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Fung Rose
Bought by
Fung Rose M and Rf Revocable Trust
Current Estimated Value
$1,696,815

Purchase Details

Listed on
Apr 5, 2016
Closed on
Aug 30, 2016
Sold by
Anand Varuna and Bhattacharyya Arnob
Bought by
Fung Rose
Seller's Agent
Steven Giles
Compass
List Price
$1,725,000
Sold Price
$1,500,000
Premium/Discount to List
-$225,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.95%

Purchase Details

Closed on
Sep 14, 2012
Sold by
Anand Varuna and Anand Vivek
Bought by
Anand Varuna and Bhattacharyya Arnob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,303
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2010
Sold by
48-52 Franklin Llc
Bought by
Anand Varuna and Anand Vivek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
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
Fung Rose M -- --
Fung Rose $1,500,000 --
Anand Varuna -- --
Anand Varuna $1,034,353 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anand Varuna $98,303
Previous Owner Anand Varuna $90,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $1,500,000 -13.0% $1,500 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $1,725,000 -- $1,725 / Sq Ft
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 $24,923 $199,804 $11,728 $188,076
2024 $24,923 $199,354 $11,728 $187,626
2023 $23,914 $194,943 $11,728 $183,215
2022 $19,242 $192,664 $11,728 $180,936
2021 $22,749 $185,451 $11,728 $173,723
2020 $18,594 $207,032 $11,728 $195,304
2019 $18,422 $197,535 $11,728 $185,807
2018 $13,347 $197,239 $11,728 $185,511
2017 $12,549 $177,059 $11,728 $165,331
2016 $8,357 $172,156 $11,728 $160,428
2015 $599 $161,533 $11,728 $149,805
2014 $599 $146,678 $11,727 $134,951
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10065365

Real Estate Board of New York (REBNY)

APN: 0172-1454