NOT LISTED FOR SALE

90 Franklin St Unit 8S New York, NY 10013

Tribeca Neighborhood

Estimated Value: $3,608,000 - $4,907,846

3 Beds
3 Baths
2,633 Sq Ft
$3,219/mo HOA Fee

Last Sold January 17, 2020

Last sale price $3,500,000 $1,329 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $30,954/month

308 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to Franklin Street
  • Entrance Foyer
  • P.S. 397 Spruce Street School Rated A
  • Pre War Building
  • 3-minute walk to Tribeca Park

About This Home

As of January 2020

Quintessential Tribeca Pre-war condominium loft living with 24 hour concierge service and a ResidentsBuilding Manager, awaits you from this 2,633sf , 3-bedroom, 3-bathroom, sun-drenched beauty. One enters the loft from a semi-private landing into a lovely formal gallery. The grand proportions of the home are complemented with 15 over-sized windows, 3 exposures, and 10' ceilings throughout. The massive corner great room sits adjacent to an open chef's kitchen complete with dining bar, Gaggeneau, Bosch, Subzero, and Thermador appliances - allowing for gracious everyday living or the grandest of parties. The 3rd-bedroom has been opened to the great room as a fitted library. There is also an adjacent small study. The master and 2nd- bedrooms both have en suite bathrooms. The corner master bedroom also boasts a huge walk-in-closet and 5 piece bathroom. Other features include: polished concrete floors, central heating and air conditioning, a laundry room, several substantial closets and a separate individual storage room allocated to this loft which transfers with the sale. The Franklin Tower Condominium was originally built as the Corn Exchange Bank in 1929 and was converted in 2001. This 17 story classic Art Deco brick building is home to 25 luxury lofts. Special building features include a roof deck, fitness room, and bike room. The building offers the utmost in privacy and first rate service to its residents. Situated near some of TriBeCa's most wonderful restaurants, shopping, and all forms of public transportation, it is a short walk to SoHo and Chinatown. In addition to the monthly charges, there is a monthly assessment of $304.69.

Last Agent to Sell the Property

Jonathan Conlon

Douglas Elliman Real Estate License #10301203587 Listed on: 02/12/2019

Douglas Elliman Real Estate

Co-Listed By

Patricia Cliff

Corcoran Group License #30CL0931560

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,772

Year Built

  • Built in 1915

HOA Fees

  • $3,219 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 8th floor

Interior Spaces

  • 2,633 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 175

Community Details

Overview

  • 25 Units
  • Franklin Tower Condos
  • Tribeca Subdivision
  • 18-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$41,772

Year Built

Built in 1915

Lot Details

0

HOA Fees

$3,219 per month

Listing Details

  • Cross Street: Franklin Street & Church Street
  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Tribeca
  • Architectural Style: Prewar
  • Entry Level: 8
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 2633.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Building Terrace

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3219.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: FRANKLIN TOWER
  • Units: 25
  • Total Stories: 18
  • Year Built: 1915

Tax Info

  • Tax Block: 175
  • Tax Annual: 41772.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Jan 17, 2020
Sold by
Coleman Elizabeth and Stroup Robert
Bought by
Hennigan Margo Elizabeth and Holt Christopher Aaron
Seller's Agent
Jonathan Conlon
Douglas Elliman Real Estate
List Price
$3,999,000
Sold Price
$3,500,000
Premium/Discount to List
-$499,000
-12.48%
Current Estimated Value
$4,380,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$880,962
Avg. Annual Appreciation
4.01%
Original Mortgage
$2,800,000
Outstanding Balance
$2,478,672
Interest Rate
3.7%
Mortgage Type
Unknown
Estimated Equity
$1,902,290

Purchase Details

Closed on
Jul 26, 2002
Sold by
Janklow Lucas W
Bought by
Stroup Robert and Coleman Elizabeth
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
Hennigan Margo Elizabeth $3,500,000 --
Stroup Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hennigan Margo Elizabeth $2,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $3,500,000 -12.5% $1,329 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $3,999,000 -- $1,519 / 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 $54,100 $439,618 $25,575 $414,043
2024 $54,100 $432,731 $25,575 $407,156
2023 $52,698 $429,593 $25,575 $404,018
2022 $41,223 $408,393 $25,575 $382,818
2021 $50,098 $408,393 $25,575 $382,818
2020 $43,353 $452,351 $25,575 $426,776
2019 $41,779 $442,184 $25,575 $416,609
2018 $47,930 $443,912 $25,574 $418,338
2017 $44,653 $390,930 $25,575 $365,355
2016 $43,249 $391,164 $25,575 $365,589
2015 $14,932 $353,517 $25,575 $327,942
2014 $14,932 $330,334 $25,575 $304,759
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10581677

Real Estate Board of New York (REBNY)

APN: 0175-1317