NOT LISTED FOR SALE

Estimated Value: $2,498,000 - $2,954,263

3 Beds
2.5 Baths
1,654 Sq Ft
7,405 Sq Ft Lot

Highlights

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

About This Home

As of December 2023

Monthly rent $12,500

One month free offered at 18+ lease term, Net Effective Rent $11,806

A sun-drenched corner condo graced with private outdoor space, this stunning 3-bedroom, 2.5-bathroom home offers an exciting, amenity-rich lifestyle at the nexus of Tribeca, SoHo, and Lower Manhattan. A deeded storage unit with a nominal monthly fee is included in the sale.

A foyer with separate coat and shoe closets welcomes residents and ushers them into a sprawling open plan living room, dining room, and kitchen saturated with southern, eastern, and western light. Floor-to-ceiling windows offer classic city vistas, and a private balcony is perfect for entertaining, sun lounging, urban gardening, and more. Beautiful hardwood floors and high ceilings run throughout.

The all-white kitchen boasts a huge eat-in waterfall island, pristine Caesarstone countertops, soft-close white-lacquer drawers, and fully-integrated appliances from Bosch and Sub-Zero including a wine cooler.

The primary and secondary bedroom are accessible via an elegant hall with a powder room, modern full bathroom, a linen or broom closet, and a laundry closet with a stacked in-unit washer and dryer. The primary suite sits at the end of the hall and has dual walk-in closets with custom built-ins as well as a luxurious en-suite bathroom with double sinks, travertine marble walls and floors, a deep tub, and a step-in rainfall shower. The second bedroom has a deep reach-in closet and sits across from the second full bathroom. The third bedroom is just off the living area and can easily be used as an office, den, or study. Dual-zone central heating and cooling completes the home.

FIFTY Franklin is an Ed Rawlings-designed condominium located in Tribeca. Residents enjoy 24-hour lobby staff and concierge service, a state-of-the-art fitness room, a private media lounge, a bicycle room, private storage, a pet spa, on-site parking, and a rentable, pre-furnished apartment for short-term guests. The building is down the block from Collect Pond Park and is close to Chinatown, Little Italy, SoHo, and FiDi. It is moments from dozens of restaurants, bars, cafes, and shops, including a supermarket down the block. Nearby subway lines include the 1, 4, 5, 6, N, Q, R, W, J, and Z. NO PETS.

Previously rented for over $13,500 per month.

Last Agent to Rent the Property

Krista Nickols

Serhant License #10301212737 Listed on: 09/22/2023

Serhant

Co-Listed By

Stephanie Taxel

Serhant License #10401367977

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,275

Year Built

  • Built in 2007

Lot Details

  • 7,405

Parking

  • Garage

Interior Spaces

  • 1,654 Sq Ft Home
  • Entrance Foyer
  • Storage
  • Laundry in unit
  • Home Gym
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Balcony
  • Central Air

Community Details

  • 72 Units
  • Civic Center Subdivision
  • 18-Story Property

Listing and Financial Details

  • Property Available on 9/22/23
  • Legal Lot and Block 7504 / 00172

Condo Details

Home Type

Condominium

Est. Annual Taxes

$41,275

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None
  • Available Date: 2023-09-22

Listing Details

  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Civic Center
  • Entry Level: 14
  • Structure Type: None
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Interior Features: Entrance Foyer, Elevator, Kitchen Window, Storage
  • Appliances: Dishwasher
  • Fireplace: No
  • Living Area: 1654.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Dining Room Type: Gym

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common On Floor, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 7532.0
  • Lot Size Dimensions: 75.0 x 100.58

Building Info

  • New Construction: No
  • Units: 72
  • Spa: No
  • Total Stories: 18
  • Year Built: 2007

Tax Info

  • Tax Block: 00172
  • Tax Lot: 7504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2011
Sold by
48-52 Franklin Llc
Bought by
Lim John Teck Jang and Modelo Cynthia Y
Current Estimated Value
$2,735,066
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Lim John Teck Jang $1,800,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Rented $12,500 0.0% --
12/03/2023 12/03/23 Under Contract -- -- --
11/15/2023 11/15/23 Price Changed $12,500 -6.0% $8 / Sq Ft
10/20/2023 10/20/23 Price Changed $13,295 -5.0% $8 / Sq Ft
09/22/2023 09/22/23 For Rent $13,995 +16.6% --
07/14/2022 07/14/22 Off Market $12,000 -- --
04/15/2022 04/15/22 Rented $12,000 0.0% --
04/02/2022 04/02/22 Under Contract -- -- --
03/25/2022 03/25/22 Price Changed $12,000 0.0% $7 / Sq Ft
03/25/2022 03/25/22 For Rent $12,000 +20.0% --
03/25/2015 03/25/15 Rented -- -- --
02/23/2015 02/23/15 Under Contract -- -- --
10/02/2014 10/02/14 For Rent $9,999 -- --
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 $41,275 $330,889 $19,422 $311,467
2024 $41,275 $330,144 $19,422 $310,722
2023 $39,602 $322,837 $19,422 $303,415
2022 $38,626 $319,063 $19,422 $299,641
2021 $37,674 $307,116 $19,422 $287,694
2020 $30,792 $342,856 $19,422 $323,434
2019 $30,509 $327,128 $19,422 $307,706
2018 $22,103 $326,637 $19,422 $307,215
2017 $20,781 $293,220 $19,422 $273,798
2016 $13,841 $285,099 $19,422 $265,677
2015 $992 $267,507 $19,422 $248,085
2014 $992 $242,907 $19,422 $223,485
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10923488

Real Estate Board of New York (REBNY)

APN: 0172-1455