NOT LISTED FOR SALE

Estimated Value: $1,721,000 - $2,063,000

2 Beds
2 Baths
1,123 Sq Ft
$1,516/mo HOA Fee

Last Sold August 05, 2024

Last sale price $1,705,000 $1,518 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $13,871/month

17 Days on Market

Highlights

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

About This Home

As of August 2024

An exceptional opportunity awaits at FIFTY Franklin in the heart of New York’s hottest art gallery district!

Welcome to residence 6C, an impeccable turnkey condo featuring two bedrooms, an additional office space, and two bathrooms, offering modern design in a prime location. The Juliette balcony takes center stage in the spacious living room, and floor-to-ceiling windows offer timeless TriBeCa views.

The open layout seamlessly transitions into the chef's kitchen, featuring lacquered finish cabinetry and a spacious kitchen bar perfect for entertaining. The well-appointed kitchen boasts top-of-the-line appliances: a Sub-Zero fridge and wine fridge, Miele stove, Gaggenau vented hood, Bosch oven, microwave, and dishwasher.

The primary suite provides a true sanctuary, with generous fitted closets and a spa-like bathroom with a glass-enclosed shower and marble floors. The second bedroom offers comfort and privacy, while the additional home office, complete with a Murphy bed, provides flexibility for remote work, creative pursuits or visitors. The second bathroom features a bathtub and easy access for residents and guests.

This modern chic home has beautiful oak and marble floors, creating a luxurious and elegant ambiance throughout. Custom closets offer ample space, complemented by central air conditioning and a washer/dryer in the unit. A private storage unit completes this perfect home.

Designed by renowned architect Ed Rawlings, this condo residence exudes an innovative approach to urban living. Residents enjoy a suite of upscale amenities, including a 24-hour doorman, fitness center, private storage, residents' lounge, parking garage, pet spa, and a beautifully landscaped rooftop terrace with panoramic city views and grill areas for your summer evenings. Priceless bonus: this boutique building also offers a guest suite at a highly competitive price per night, providing a convenient option for visitors in town.

Located in an oasis in the midst of the bustling activity of neighboring Soho and Chinatown, this full-service building provides easy access to major subway lines and bus routes, and is within minutes of the best dining, shopping, and art galleries that TriBeCa has to offer.

Schedule your private viewing today and experience the epitome of luxury living at FIFTY Franklin!

Last Agent to Sell the Property

Laurence Pillon

Compass License #10401339287 Listed on: 06/27/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,252

Year Built

  • Built in 2007

HOA Fees

  • $1,516 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,123 Sq Ft Home
  • Recessed Lighting
  • Intercom
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Utilities

  • Central Air
  • No Heating

Additional Features

  • Outdoor Grill
  • North Facing Home

Listing and Financial Details

  • Legal Lot and Block 1424 / 00172

Community Details

Overview

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

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,252

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,516 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Civic Center
  • Entry Level: 6
  • Structure Type: Multi Family
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Interior Features: Breakfast Bar, Recessed Lighting, Soaking Tub
  • Appliances: Dishwasher, Electric Oven, Freezer, Gas Cooktop, Refrigerator, Range Hood, Wine Cooler
  • Equipment (Other): Intercom
  • Fireplace: No
  • Flooring: Hardwood, Marble
  • Living Area: 1123.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Barbecue

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Garage, On Site

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1516.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 75.000000x100.580000

Building Info

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00172
  • Tax Lot: 1424
  • Tax Annual: 27252.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Aug 5, 2024
Sold by
Elmgart Padma
Bought by
Varnas Joseph Anthony
Seller's Agent
Laurence Pillon
Compass
List Price
$1,705,000
Sold Price
$1,705,000
Views
14
Current Estimated Value
$1,892,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,172
Avg. Annual Appreciation
4.52%

Purchase Details

Closed on
Jun 15, 2018
Sold by
52-48 Ff Estates Llc
Bought by
Elmgart Padma

Purchase Details

Closed on
Apr 17, 2013
Sold by
52-48 Ff Estates Llc
Bought by
Elmgart Padma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,032,500
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
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
Varnas Joseph Anthony $1,705,000 --
Elmgart Padma -- --
Elmgart Padma -- --
Elmgart Padma $1,475,000 --
Elmgart Padma $1,475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elmgart Padma $1,032,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $1,705,000 0.0% $1,518 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $1,705,000 -- $1,518 / Sq Ft
06/18/2013 06/18/13 Sold -- -- --
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 $27,870 $223,430 $13,115 $210,315
2024 $27,870 $222,927 $13,115 $209,812
2023 $26,741 $217,994 $13,115 $204,879
2022 $26,082 $215,445 $13,115 $202,330
2021 $25,439 $207,379 $13,115 $194,264
2020 $20,792 $231,512 $13,115 $218,397
2019 $20,600 $220,892 $13,115 $207,777
2018 $14,925 $220,560 $13,114 $207,446
2017 $14,032 $197,995 $13,115 $184,880
2016 $9,346 $192,512 $13,115 $179,397
2015 $670 $180,633 $13,115 $167,518
2014 $670 $164,022 $13,115 $150,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10986995

Real Estate Board of New York (REBNY)

APN: 0172-1424