NOT LISTED FOR SALE

Estimated Value: $1,324,000 - $1,785,000

2 Beds
2 Baths
1,004 Sq Ft
$1,364/mo HOA Fee

Last Sold April 17, 2024

Last sale price $1,890,000 $1,882 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $12,489/month

80 Days on Market

Highlights

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

About This Home

As of April 2024

Chic, modern and elegant, residence PHC offers spectacular skyline views from every room. This impeccably maintained home is move-in ready.

Apartment PHC boasts floor-to-ceiling windows and high ceilings, maximizing natural light and space. A beautiful open kitchen is designed for entertainment. It features top-of-the-line appliances, including a Subzero fridge, Miele gas four burners, Bosch oven, Bosch dishwasher, Subzero wine cooler, Bosch washer/dryer. A generous Caesar stone counter space is perfect for culinary endeavors, complemented by lacquered finish cabinetry with self-closing drawers.

The charming private primary bedroom offers ample closet space and an en-suite bathroom with a stall shower and travertine marble. The second bathroom is adjacent to the second bedroom, featuring a relaxing soaking tub.

Apartment PHC includes an individually controlled central air system, which allows you to have complete control over your environment. A storage unit is included with the apartment.

Located in the heart of TriBeCa, 50 Franklin is a full service boutique-style condominium. Residents enjoy 24-hour full-time doorman, a live-in superintendent, on-site garage parking, a pet spa, a fitness room, a private lounge, a bicycle room, a private storage, a guest suite, and a landscaped rooftop deck with panoramic views of the New York skyline. It is conveniently situated nearby public transportation and offers easy access to the best cafes, restaurants, shopping, and galleries Tribeca and Soho have to offer!

Please note that an on-site deeded parking space is available for an Additional $200,000.

** The tax showing here is for primary residence with 17.5% tax abatement. Otherwise the tax is $2004/month.

Last Agent to Sell the Property

Jasmine Ji

Compass License #10301217733 Listed on: 09/23/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,836

Year Built

  • Built in 2007

HOA Fees

  • $1,364 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,004 Sq Ft Home
  • High Ceiling
  • Recessed Lighting
  • Wood Flooring

Kitchen

  • Wine Cooler
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1472 / 00172

Community Details

Overview

  • 72 Units
  • High-Rise Condominium
  • Civic Center Subdivision
  • 18-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,836

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,364 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Civic Center
  • Entry Level: 18
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Interior Features: High Ceilings, Kitchen Island, Recessed Lighting
  • Appliances: Wine Cooler
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1004.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Window Features: Double Pane Windows

Beds/Baths

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

Garage/Parking

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

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: Central Air, Other
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1364.0
  • 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: 1472
  • Tax Annual: 19836.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2023
Closed on
Apr 17, 2024
Sold by
Loveapple Llc
Bought by
Tang Vincent
Seller's Agent
Jasmine Ji
Compass
List Price
$1,780,000
Sold Price
$1,890,000
Premium/Discount to List
$110,000
6.18%
Views
56
Current Estimated Value
$1,621,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$268,069
Avg. Annual Appreciation
-12.16%
Original Mortgage
$1,228,500
Outstanding Balance
$1,216,509
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$405,422
Source: Public Records

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Range of Values:

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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
Tang Vincent $1,890,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Vincent $1,228,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $1,890,000 +6.2% $1,882 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
10/26/2023 10/26/23 For Sale $1,780,000 -- $1,773 / Sq Ft
09/03/2013 09/03/13 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
2024 $25,071 $200,539 $11,798 $188,741
2021 $23,463 $186,553 $11,798 $174,755
2019 $14,589 $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: RLS10961459

Real Estate Board of New York (REBNY)

APN: 0172-1472