NOT LISTED FOR SALE

Estimated Value: $1,624,000 - $1,982,000

2 Beds
2 Baths
1,033 Sq Ft
$1,316/mo HOA Fee

Last Sold October 19, 2018

Last sale price $1,715,000 $1,660 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $12,695/month

26 Days on Market

Highlights

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

About This Home

As of October 2018

Manhattan Skyline views and abundant light await you in this high-floor 2 bedroom, 2 bath luxury condominium building in Tribeca. Empire State Building, Chrysler Building, New York Life Building and a scintillating vista of the new Hudson Yard neighborhood light up the night-time sky through its high floor-to-ceiling tilt and turn windows. The apartment's perfect floor plan boasts an open kitchen with counter dining, living/dining room with a large wall for media. A contemporary elegance pervades this well-designed home.

The kitchen features Caesura Stone counter tops, Subzero Refrigerator and wine cooler, Bosch oven and dishwasher and a washer/dry utility closet. The master bedroom has two large closets, an en-suite bath with Travertine marble, natural stone and rain shower. The second bedroom is perfect for an office or guest room and is across from a full marble bath with soaking tub. This home has individual controlled central air.

50 Franklin Street offers an array of amenities including: Landscaped Roof Deck, Fitness room, Multimedia Lounge with pool table, Pet Spa, Bike Room, individual Storage units and 24/7 Doorman & Concierge. A furnished private suite can be rented for your guests. Low common charges with 421-A tax abatement (until 2021).

Built in 2009, 50 Franklin designed by the renowned architect Ed Rawlings embodies the ultimate in clean, urbane New York with elements that refine minimalism. Inside thoughtful design and utilization of space allow for great comfort and luxurious living at its most attainable. An oasis in midst of the bustling activity of Soho, Chinatown and Financial District. Convenient to transportation and a mecca of restaurants nearby. A perfect pied-a-terre with open views from every window. Ready for immediate occupancy.

Last Agent to Sell the Property

Mara Flash Blum

Sothebys International Realty License #30BL0760099 Listed on: 08/01/2018

Sothebys International Realty

Co-Listed By

Kaptan Unugur

Sothebys International Realty License #10401228817

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,704

Year Built

  • Built in 2007

HOA Fees

  • $1,316 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 16th floor

Interior Spaces

  • 1,033 Sq Ft Home
  • Galley Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • North Facing Home
  • Central Air

Listing and Financial Details

  • Tax Block 00172

Community Details

Overview

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

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,704

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,316 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Civic Center
  • Entry Level: 16
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Interior Features: Galley Kitchen
  • Living Area: 1033.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1316.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 7532.0
  • Lot Size Dimensions: 75.0 x 100.58

Building Info

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

Tax Info

  • Tax Block: 00172
  • Tax Annual: 13704.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 19, 2018
Sold by
Yeo Eun Joo and Yeo %
Bought by
Yin Tedeschi Joseph and Yin Yue
Seller's Agent
Mara Flash Blum
Sothebys International Realty
List Price
$1,750,000
Sold Price
$1,715,000
Premium/Discount to List
-$35,000
-2%
Current Estimated Value
$1,743,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,931
Avg. Annual Appreciation
0.29%
Original Mortgage
$600,000
Outstanding Balance
$528,572
Interest Rate
4.6%
Mortgage Type
Unknown
Estimated Equity
$1,221,550

Purchase Details

Closed on
Jan 21, 2010
Sold by
48-52 Franklin Llc
Bought by
Yeo Eun Joo
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
Yin Tedeschi Joseph $1,715,000 --
Yeo Eun Joo $1,080,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yin Tedeschi Joseph $600,000
Closed Yin Tedeschi Joseph $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $1,715,000 -2.0% $1,660 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $1,750,000 -- $1,694 / 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 $25,591 $205,159 $12,042 $193,117
2024 $25,591 $204,698 $12,042 $192,656
2023 $24,555 $200,167 $12,042 $188,125
2022 $19,758 $197,827 $12,042 $185,785
2021 $23,359 $190,420 $12,042 $178,378
2020 $19,092 $212,580 $12,042 $200,538
2019 $18,916 $202,829 $12,042 $190,787
2018 $13,704 $202,524 $12,042 $190,482
2017 $12,885 $181,805 $12,043 $169,762
2016 $8,581 $176,769 $12,042 $164,727
2015 $615 $165,862 $12,043 $153,819
2014 $615 $150,609 $12,042 $138,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10894352

Real Estate Board of New York (REBNY)

APN: 0172-1462