Total Est. Monthly Carrying Cost:
$18,755 ($10.54/ft2)
Note: the above is based on a down payment of 20% ($519,000),
which is the minimum amount permitted by the building.
Description
Pristine luxury living awaits in this gorgeous 2 bedroom 2 bathroom duplex at Tribeca’s most coveted ground-up new construction at 5 Franklin Place. Situated on a quiet cobblestone block between Franklin and White Streets, the 20-story gem’s striking exterior was designed by renowned architectural firm ODA, with interiors conceived by the famed Andres Escobar & Associates. World-class modern design combined with exceptional amenities affords an unparalleled experience for the discerning resident.
Voluminous loft-like 5B is a stunning example of the chicness and refinement found in every unique home. Soaring living space with double tiers of massive windows is bathed in light and met by a premium open kitchen featuring Poggenpohl cabinetry and a huge Calacatta marble island with seating for entertaining. The chef will also appreciate sleek top-of-the-line appliances such as an integrated Sub-Zero refrigerator and Bosch stove, range, and dishwasher.
Complementing the superlative finishes that come with the apartment are thoughtful upgrades made by the current owner.
These include all new 100-year-old reclaimed oak wood flooring throughout with new matching handrail on the staircase; designer de Gourney and textured wallpaper; sliding barn doors to the guest bedroom and Venetian plaster on all walls and closets; adding reclaimed wood beams to the living room ceiling; installing motorized blackout and solar shades and curtains; replacing the second floor balcony railing with metal glass; and carpeting the staircase. The home includes AV system / Sonos integration throughout.
Among the other highlights are a large airy master bedroom with an open overlook to the living room and fabulous custom-outfitted walk-in closet; 5-fixture master spa bath with a double-sink vanity, marble clad soaking tub and oversized glass shower; second elegant full bath with hand-laid imported marble; and a vented washer and dryer.
Completed in 2015, 5 Franklin Place offers a full-time doorman/concierge, live-in super, onsite parking, landscaped roof deck with heated pool & cabanas, state-of-the-art gym, playroom, private storage, and bicycle storage. The prime Tribeca location is close to Tribeca’s finest retail and restaurants as well as convenient public transportation.
There is currently a capital assessment starting April 2021 for the next 3 months for $890.16/ month.
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