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Franklin Place, 5 Franklin Place, #9A

$2,995,000 ($1,737 per ft2) | 3 beds, 3.5 baths | Approx. 1,724 ft2
Building Profile  | 
40 days on Market

Key Details

  • Listed: Nov 1, 2024
    Last Price Change: ($255,000) on Dec 4
    Days on Market: 40
    Building Type: Condominium
    Neighborhood: Tribeca (Manhattan)
    Doorman: FT Doorman
    Listing viewed 154 times
Monthly Common Charges: $3,384
Monthly Real Estate Taxes: $3,030
Total Taxes & Fees: $6,414 ($3.72/ft2)
Est. Monthly Mortgage: $15,572
Total Est. Monthly Carrying Cost: $21,986 ($12.75/ft2)
Note: the above is based on a down payment of 20% ($599,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Spacious Living Area: Sun-filled living and dining room with serene city views and access to a spacious balcony.
  • High-End Finishes: Includes art and recessed lighting, WaterWorks fixtures, and custom built-ins for optimal storage.
  • Exclusive Building Amenities: Offers a rooftop deck with a heated pool, fitness center, children's playroom, and full-time doorman service.
  • Prime Tribeca Location: Nestled on a charming cobblestone street, close to Broadway and convenient subway access.
  • Luxurious Primary Suite: Features a private balcony, a huge walk-in closet, and a marble bathroom with a soaking tub and double sink.
  • Gourmet Kitchen: Equipped with stainless-steel appliances, including a wine fridge and warming drawer, plus a stunning marble breakfast bar.

Description

ALL S ARE BY APPOINTMENT ONLY - PLEASE VIEW THE VIDEO FOR MORE INFORMATION

The formal entry leads to a sun-filled living and dining room with a spacious balcony and serene city views. The sleek kitchen is a chef’s dream with its stainless-steel appliances that include a warming drawer, microwave, wine fridge, and even a pot filler. The marble counter offers a long breakfast bar with a waterfall edge.

The third bedroom has its own en-suite bathroom and is currently used as a TV and guest room with its custom built-ins and storage drawers. The second bedroom has a two-person custom desk, storage, and a gorgeous bathroom that also has glass enclosures.

The primary suite not only has its own private balcony, electric blackout and solar shades, but a huge walk-in closet and luxurious marble bathroom with a fabulous soaking tub, separate stall shower, and double sink.

Additional features of this fantastic apartment are a vented washer/dryer, art and recessed lighting, spacious powder room, and WaterWorks fixtures.

With only 51 units, 5 Franklin Place is nestled in a charming private cobblestone street and has a full-time doorman, live-in super, storage and a bike room, roof deck with heated pool and cabanas, gym, and a kid’s playroom.

Real estate taxes are reflective of use as a primary residence

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Apartment Amenities

  • Western Exposures
  • City View
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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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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Pros
  • Live-in superintendent
  • Parking
  • Plaza
  • Roof deck with swimming pool
  • Close to Subway
  • Concierge
  • Doorman
  • Bicycle room
  • Storage
  • Large plaza
  • Live-in superintendent
  • Parking
  • Roof deck with swimming pool
  • Bicycle room
  • Doorman
  • Concierge
Cons
  • No fire escapes
  • No fireplaces
  • Mid-block
  • No balconies
  • No balconies
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Subways

  1. J
  2. Z
  3. N
  4. Q
  5. R
  6. 6
at Broadway 0.15 miles
  1. 1
at Varick and North Moore 0.20 miles
  1. A
  2. C
  3. E
at Thompson 0.22 miles
  1. 4
  2. 5
at Lafayette and Duane 0.32 miles
  1. 2
  2. 3
at West Broadway 0.33 miles

Aerial Imagery

 

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