Note: the above is based on a down payment of 20% ($1,300,000),
which is the minimum amount permitted by the building.
Description
149 Franklin Street is a beautiful Romanesque Revival building (circa 1889) located on one of Tribecas most coveted cobblestone blocks. It was built by Charles Coolidge Haight, the original architect of Yale University and the Episcopal Theological Seminary. A direct, keyed elevator opens to reveal a stunning floor-through loft of over 3,000 square feet.
Elements of wood, steel, glass and marble have been crafted to create a grand scale home for the 21st century. Light pours in from walls of double-hung windows offering South and North exposures. Cast iron columns, hand-hewn timber beams, reclaimed wide plank oak floors and expanses of original brick reflect the architecture of the period while all new fixtures, finishes and mechanicals of undisputed quality imbue a sense of luxury throughout.The luxuriously proportioned living and dining areas span over sixty feet and lead to a home office.
A custom fabricated steel and glass canopy crowns the industrial-inspired kitchen. Gleaming stainless steel cabinetry and professional grade appliances are topped by satiny reclaimed wood with a roomy breakfast bar.Behind massive sliding doors, the master suite is private and tranquil. There is a huge custom outfitted walk-in closet and a striking marble bath with authentic period fixtures, including double sinks and a deep soaking tub, and a glass-enclosed double rain shower.
Two additional bedrooms share an equally impressive second bath, and there is an inimitable powder room with a wall of antique patinaed copper.The state of the art audio/video system with high-definition projection television, and dual-zone central air conditioning add modern luxury to this historic home. Additional conveniences include a video intercom, full-size washer and dryer, and generous storage cage in the basement.149 Franklin Street Owners Corp is an intimate six-unit cooperative located in the Tribeca West Historic District and the P.S. 234 School District. This exemplary home conveys with 20 percent ownership of the ground floor commercial unit.
Collected rent affords a steady cash flow to the cooperative, keeping the maintenance low today while providing an enduring investment for the future.
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