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Franklin Place, 5 Franklin Place, #5B

Listing no longer available on CityRealty as of Jul 12, 2021
It previously was on the market for a total of 105 days.
Last Sold on Jul 6, 2021 for $2,500,000
2 beds, 2 baths | Approx. 1,780 ft2
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  • Buyers
  • Chelsea Cutler
  • Sellers
  • Isadorable, Llc
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1 apartment is currently available in this building.
105 days on Market

Pricing History

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Key Details

  • Listed: Mar 29, 2021
    Days on Market: 105
    Building Type: Condominium
    Neighborhood: Tribeca (Manhattan)
    Doorman: FT Doorman
    Listing viewed 1,259 times
Monthly Common Charges: $2,399
Monthly Real Estate Taxes: $2,572
Total Taxes & Fees: $4,971 ($2.79/ft2)
Est. Monthly Mortgage: -
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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Apartment Amenities

  • Washer/Dryer in apt.

About Franklin Place, 5 Franklin Place

90

Franklin Place, 5 Franklin Place has received a CityRealty Rating of 90, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

32
Out of 44
+
27
Out of 36
+
21
Out of 39
+
10
=
90
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Very Attractive 3 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
6-10 Short Blocks 1 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Pool
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Children's Playroom
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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