NOT LISTED FOR SALE

Estimated Value: $1,376,000 - $1,956,120

2 Beds
2 Baths
1,046 Sq Ft
2007 Built

Last Sold December 05, 2016

Current estimated payment $11,197/month

Highlights

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

About This Home

As of April 2021

Available furnished as well for $6,800 a month.

This modern and sun-filled two-bed, two-bath home features a private balcony with impeccable views of the New York skyline. The open kitchen is complete with beautiful white lacquer cabinets and ample storage. The apt has top-of-the-line finishes, 10-foot floor-to-ceiling windows, oak flooring throughout, and two marble baths. The unit also has controlled central air and a Bosch washer/dryer.

50 Franklin is a full-service luxury condominium in Tribeca conveniently close to transportation and some of the city's best restaurants and stores. The building has an array of amenities including a landscaped roof deck with barbecue grills, a fitness center, multimedia lounge, pet spa, bike room, individual storage units, and 24/7 doorman concierge. In addition, a furnished private suite can be rented for your guests.

Last Agent to Rent the Property

Serri Knight

Serhant License #10401266165 Listed on: 02/26/2021

Serhant

Co-Listed By

Tamara Rothbeind

Serhant License #10401239158

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,071

Year Built

  • Built in 2007

Parking

  • Garage

Interior Spaces

  • 1,046 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Property Available on 3/15/21

Community Details

Overview

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

Amenities

  • Rooftop Deck
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$25,071

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Available Date: 2021-03-15

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Civic Center
  • Entry Level: 17
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Living Area: 1046.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • 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 Interest: Condominium

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: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Nov 30, 2016
Sold by
Kgil Min Chung
Bought by
Beaton Jamie and Kushor Sharndre
Seller's Agent
Nutan Desai
Brown Harris Stevens Residential Sales LLC
List Price
$1,749,000
Current Estimated Value
$1,674,780

Purchase Details

Closed on
Jul 2, 2010
Sold by
48-52 Franklin Llc
Bought by
Kgil Min Chung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,000
Interest Rate
4.78%
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
Beaton Jamie $1,695,000 --
Kgil Min Chung $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kgil Min Chung $3,266
Previous Owner Kgil Min Chung $693,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $6,500 -- --
04/08/2021 04/08/21 Rented -- -- --
04/08/2021 04/08/21 Rented $6,500 0.0% --
03/09/2021 03/09/21 Under Contract -- -- --
02/26/2021 02/26/21 For Rent $6,500 -11.0% --
10/26/2020 10/26/20 Rented -- -- --
10/01/2020 10/01/20 Under Contract -- -- --
03/11/2020 03/11/20 For Rent $7,300 0.0% --
12/05/2016 12/05/16 Sold -- -- --
11/05/2016 11/05/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $1,749,000 -- $1,682 / 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 $25,071 $200,991 $11,798 $189,193
2024 $25,071 $200,539 $11,798 $188,741
2023 $24,056 $196,101 $11,798 $184,303
2022 $23,463 $193,809 $11,798 $182,011
2021 $22,884 $186,553 $11,798 $174,755
2020 $18,506 $208,262 $11,798 $196,464
2019 $18,532 $198,708 $11,798 $186,910
2018 $13,426 $198,410 $11,797 $186,613
2017 $12,623 $178,111 $11,798 $166,313
2016 $8,407 $173,178 $11,797 $161,381
2015 $602 $162,493 $11,798 $150,695
2014 $602 $147,550 $11,798 $135,752
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10701469

Real Estate Board of New York (REBNY)

APN: 0172-1466