$880,000
SOLD OCT 5, 2023
-- Bed
1 Bath
604 Sq Ft
$825/mo HOA Fee

Recently Sold

$1,457 Per Sq Ft

5% Below List Price

22 Days on Market

Highlights

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

About This Home

As of October 2023

This impeccably maintained alcove studio with balcony is located in a boutique, full-service condominium on prime Franklin Street. Move right into this like-new spacious apartment with floor-to-ceiling windows, central AC, in-unit W/D and private balcony, with South & East exposure. The open kitchen includes a Sub-Zero fridge and Bosch appliance package. Soaring 9' ceilings and premium finishes add to this lovely home's appeal. The transquil and soothing bathroom features natural stone tiling, a Grohe rainshower and deep soaking tub.

Enjoy the amazing roof deck with stunning city views, gas grill, dining and lounge areas. 50 Franklin Street is a 24-hour doorman building with a full-time super. Amenities include fitness center, billiards lounge, pet grooming spa, bike storage and onsite parking. Located at the center of Tribeca and Soho, enjoy fantastic restaurants all around and a Gourmet Garage on the same block. Designed by renowned architect, Ed Rawlings, this 18-story modern sculptural building combines a modern esthetic with a culturally rich neighborhood with easy access to the 1/6/J/N/Q/R/W subway lines. Additional private storage is included.

Note listed taxes reflect primary ownership.

Last Agent to Sell the Property

Jessica Levine

Douglas Elliman Real Estate License #10301201005 Listed on: 08/08/2023

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,000

Year Built

  • Built in 2009

HOA Fees

  • $825 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 604 Sq Ft Home
  • Entry on the 6th floor

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Dishwasher
  • 1 Full Bathroom

Community Details

  • 72 Units
  • 50 Franklin Condos
  • Tribeca Subdivision
  • 18-Story Property

Listing and Financial Details

  • Tax Block 00172

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,000

Year Built

Built in 2009

Lot Details

0

HOA Fees

$825 per month

Listing Details

  • Cross Street: LAFAYETTE STREET and BENSON PLACE
  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Tribeca
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Appliances: Dryer, Dishwasher, Washer Dryer Allowed, Washer
  • Living Area: 604.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 825.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • 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 Annual: 12000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Oct 5, 2023
Sold by
Tsang Carmen and Tsang Shirley
Bought by
Karenina Pecjo Anna
Seller's Agent
Jessica Levine
Douglas Elliman Real Estate
Sold Price
$4,250
Views
2
Current Estimated Value
$919,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$915,612
Avg. Annual Appreciation
1.43%

Purchase Details

Closed on
May 12, 2010
Sold by
48-52 Franklin Llc
Bought by
Tsang Carmen and Tsang Shirley
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 Type Sale Price Title Company
Deed $880,000 --
Deed $610,950 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Rented $4,250 0.0% --
10/30/2023 10/30/23 Under Contract -- -- --
10/27/2023 10/27/23 Off Market $4,250 -- --
10/20/2023 10/20/23 Under Contract -- -- --
10/06/2023 10/06/23 For Rent $4,250 0.0% --
10/05/2023 10/05/23 Sold $880,000 -4.9% $1,457 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $925,000 0.0% $1,531 / Sq Ft
09/30/2022 09/30/22 Rented $4,600 0.0% --
08/24/2022 08/24/22 For Rent $4,600 +27.8% --
07/07/2020 07/07/20 For Rent $3,600 -5.3% --
07/07/2020 07/07/20 Rented -- -- --
01/10/2019 01/10/19 Rented -- -- --
12/11/2018 12/11/18 Under Contract -- -- --
11/20/2018 11/20/18 For Rent $3,800 -- --
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 $15,161 $121,546 $7,134 $114,412
2024 $15,161 $121,272 $7,134 $114,138
2023 $14,547 $118,589 $7,134 $111,455
2022 $14,189 $117,203 $7,134 $110,069
2021 $13,839 $112,815 $7,134 $105,681
2020 $11,311 $125,943 $7,134 $118,809
2019 $11,207 $120,166 $7,134 $113,032
2018 $8,119 $119,986 $7,135 $112,851
2017 $7,633 $107,710 $7,134 $100,576
2016 $5,084 $104,728 $7,135 $97,593
2015 $364 $98,265 $7,134 $91,131
2014 $364 $89,229 $7,135 $82,094
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10896838

Real Estate Board of New York (REBNY)

APN: 0172-1423