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In Contract

140 Franklin Street, #2B

$16,950,000 ($2,690 per ft2) | 7 beds, 4.5 baths | Approx. 6,300 ft2
Building Profile  | 
72 days on Market

Key Details

  • Listed: Sep 23, 2024
    Days on Market: 72
    Building Type: Condominium
    Neighborhood: Tribeca (Manhattan)
    Doorman: FT Doorman
    Listing viewed 166 times
Monthly Common Charges: $8,739
Monthly Real Estate Taxes: $5,810
Total Taxes & Fees: $14,549 ($2.31/ft2)
Est. Monthly Mortgage: $99,960
Total Est. Monthly Carrying Cost: $114,509 ($18.18/ft2)
Note: the above is based on a down payment of 10% ($1,695,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Advanced Systems: The residence is equipped with multi-zoned central air-conditioning, custom Lutron lighting, motorized shades, and an advanced A/V system, ensuring a comfortable and convenient living experience.
  • Building Services: The building offers a range of amenities including a 24-hour doorman, porter, full-time superintendent, and a striking lobby featuring a mural by renowned artist Sol Lewitt.
  • Prime Location: This spacious 6,300-square-foot residence is located in the highly desirable Tribeca neighborhood, offering convenient access to public transportation with a subway station at the corner and close proximity to world-class dining, shopping, and cultural attractions.
  • Architectural Excellence: The building, designed by acclaimed architect Albert Wagner in 1887, combines historic charm with contemporary luxury. It features wide plank oak floors, grand 10ft+ windows for natural light, and an extraordinary great room with 14+ foot ceilings and a wood-burning fireplace.
  • Luxurious Amenities: The residence boasts a chef’s kitchen equipped with high-end appliances and a vast marble island, a corner library with custom-built bookshelves, desks, and cabinetry, and a primary bedroom suite with a sitting area, two dressing rooms, and a spa-like en-suite bathroom.
  • Additional Features: The property includes additional bedrooms with custom wardrobes and access to renovated bathrooms, a separate lounge area and private hallway leading to two more bedrooms, and a large laundry room and two basement storage units configured for wine storage.

Description

The most spectacular loft in all of TriBeCa. Welcome to 140 Franklin Street, where historic charm meets contemporary luxury in this sprawling 6,300-square-foot residence, set within Tribeca’s most revered landmark building. This majestic 7-bedroom home offers a single-level floor plan that is as grand as it is intimate, providing the ultimate in privacy, space, and refined living. Stepping into the lavish foyer, you are immediately drawn to the extraordinary great room, setting the stage for the sheer magnificence that awaits. The main living area is a sight to behold—a vast 100-foot-long expanse with 12+ foot ceilings that soar, anchored by a wood-burning fireplace and framed by ornate original steel columns.

Wide plank oak floors stretch across the room, while a wall of grand 10ft+ windows floods the space with natural light, offering sweeping views of Tribeca’s historic architecture. Sunlight streams in throughout the day, enhancing the warmth and elegance of this expansive space. This room, with its perfect balance of grandeur and warmth, offers multiple seating areas, each designed for relaxation and intimate gatherings. A set of floor-to-ceiling casement doors leads to a luminous corner library, where custom-built bookshelves, desks, and cabinetry create a serene space for reading, working, or simply unwinding.

Bathed in natural light, this bright and airy room offers an ideal environment for focus and relaxation. The adjacent chef’s kitchen is an entertainer’s dream, equipped with dual SubZero refrigerators, multiple freezer drawers, double Wolf ovens, and a 6-burner professional cooktop. The centerpiece of this culinary haven is a vast marble island, ideal for both meal prep and casual dining.

A butler’s pantry, deep marble countertops, and a custom wet-bar with a temperature-controlled wine fridge further enhance the kitchen’s functionality and style. Beyond the public spaces, a series of corridors lead to the private quarters, offering a clear delineation between entertainment and relaxation. The primary bedroom suite is a luxurious retreat, featuring a generous sitting area illuminated by ample natural light, two expansive dressing rooms, and a spa-like en-suite bathroom with hand-cut mosaic tiles, underfloor heating, a double vanity, an oversized steam shower, and a freestanding soaking tub. This wing of the home also includes four additional bedrooms, each with custom wardrobes and access to two elegantly renovated bathrooms.

A separate lounge area provides additional living space. At the opposite end of the residence, a private hallway leads to two more bedrooms, perfect for guests or staff, and a beautifully appointed bathroom with Bisazza tiles. Every detail of this home has been carefully considered, from the multi-zoned central air-conditioning and custom Lutron lighting to the motorized shades and advanced A/V system with in-ceiling speakers. A stylish powder room for guests, a large laundry room, and two basement storage units configured for wine storage add to the convenience and luxury of this unparalleled home. Built in 1887 by the acclaimed architect Albert Wagner, 140 Franklin Street is a masterpiece of Romanesque Revival architecture.

This exclusive boutique condominium offers a 24-hour doorman, porter, full-time superintendent, and a striking lobby featuring a mural by the renowned artist Sol Lewitt. Situated in the heart of Tribeca, this residence places you at the epicenter of Manhattan’s most coveted neighborhood, with world-class dining, shopping, and cultural attractions just steps away. Please note some photos are virtually staged.

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Listing courtesy of Compass

Pricing History

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About 140 Franklin Street

85

140 Franklin Street has received a CityRealty Rating of 85, 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

28
Out of 44
+
32
Out of 36
+
15
Out of 39
+
10
=
85
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Exposed 0 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 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:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 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:
Less than 3 Short Blocks 2 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:
5 or less Short Blocks 2 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:
Spacious 4 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
None 0 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:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 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:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • Pre War
  • Resident Storage
  • Central AC
  • Rooftop Terrace
  • Elevator
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Fireplaces
  • Terraces / Balconies

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Pros
  • Great TriBeCa location
  • Not too far from Ground Zero
  • Convenient to many restaurants
  • Convenient to City Hall Park
  • Some arched windows
  • Superintendent
  • Doorman
  • Subway station at the corner
  • Lobby has Sol LeWitt mural
Cons
  • No garage
  • No health club
  • No balconies
  • No sidewalk landscaping
  • No sundeck
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Subways

  1. 1
at Varick and North Moore 0.02 miles
  1. A
  2. C
  3. E
at Thompson 0.15 miles
  1. J
  2. Z
  3. N
  4. Q
  5. R
  6. 6
at Broadway 0.29 miles
  1. 2
  2. 3
at West Broadway 0.29 miles
  1. 4
  2. 5
at Centre and Reade 0.47 miles

Aerial Imagery