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Franklin Place, 5 Franklin Place, #9D

$2,995,000 ($1,711 per ft2) | 2 beds, 3 baths | Approx. 1,750 ft2
Building Profile  | 
126 days on Market

Key Details

  • Listed: May 15, 2024
    Last Price Change: ($205,000) on Sep 5
    Days on Market: 126
    Building Type: Condominium
    Neighborhood: Tribeca (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $2,792
Monthly Real Estate Taxes: $2,933
Total Taxes & Fees: $5,725 ($3.27/ft2)
Est. Monthly Mortgage: $14,799
Total Est. Monthly Carrying Cost: $20,524 ($11.73/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

  • Prime Location: This luxury condominium is situated in the highly sought-after Tribeca neighborhood, offering close proximity to shopping, dining, entertainment, and transportation options. The building, designed by renowned architectural firm ODA with interiors by Andres Escobar & Associates, was built in 2015 and features an outdoor entertainment space and courtyard for residents.
  • High-End Finishes: The spacious 2-bedroom, 3-bathroom apartment boasts high-quality finishes including 5-inch custom wood floors, Poggenpohl cabinetry, and marble countertops. The east-facing floor plan allows for plenty of natural light, enhancing the overall aesthetic of the space.
  • Premium Kitchen: The kitchen is equipped with premium appliances including a Subzero refrigerator and Bosch stove, range, and dishwasher. The design and functionality of the kitchen make it perfect for both everyday living and entertaining.
  • Luxurious Master Suite: The primary suite features a spa-like bathroom with radiant heated floors, dual sinks, and a separate tub and shower. Additional conveniences include an oversized walk-in closet, custom built-in vanity, and electronic Lutron shades.
  • Top-Notch Amenities: Residents have access to top-of-the-line amenities including a landscaped roof deck with a heated pool and cabanas, a modern gym, a playroom, bike storage, and additional unit storage. On-site parking is also available for added convenience.
  • Full-Service Building: This full-service luxury condominium offers a full-time white-glove concierge/doorman and live-in super for immediate assistance and maintenance. The apartment also includes a vented washer/dryer for added convenience.

Description

Designed to perfection, this magnificent two-bedroom plus den/media room and three full bathroom home awaits your arrival. Nestled within one of Tribeca’s best full-service luxury condominiums, this sun-drenched haven boasts an east-facing floor plan that bathes every corner in natural light. With captivating views and comfortable 9.5’ ceilings, 5-inch custom wood floors create a backdrop of quality and elegance throughout your home.

Your open kitchen is a chef’s dream, with premium features including Poggenpohl cabinetry, marble countertops, a Subzero refrigerator, Bosch stove, range, and dishwasher.

With its seamless flow between the kitchen and spacious great room, it is the perfect environment for entertaining, relaxing alone or casually hosting a few close friends.

Your primary suite gives you the experience of a five-star retreat, with a windowed, spa-like primary bathroom that features radiant heated floors, dual sinks, and a separate tub and shower. Additional conveniences include an over-sized walk-in closet, and a custom built-in vanity. This home has all the comforts you could want, including a vented washer/dryer and electronic Lutron shades throughout.

Located on a peaceful, cobble-stone block just north of Franklin Street, you’ll enjoy easy access to all the best shopping, dining, entertainment, and transportation options downtown.

5 Franklin Place is a 19 story 51-unit architectural gem completed in 2015.

The building’s stunning exterior was crafted by renowned architectural firm ODA, with interiors designed by Andres Escobar & Associates. It offers a wealth of top-of-the-line amenities, including a full-time white-glove concierge/doorman, live-in super, bike storage and additional unit storage. As a resident you’ll have access to an array of impressive facilities, including a landscaped roof deck featuring a heated pool and cabanas, a modern gym, and a playroom.

With all these features and more, 5 Franklin Place provides a luxurious and convenient living experience in the heart of one of New York City’s most desirable neighborhoods.

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Apartment Amenities

  • 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 0.18 miles
  1. A
  2. C
  3. E
at Thompson 0.20 miles
  1. 4
  2. 5
at Lafayette and Duane 0.34 miles
  1. 2
  2. 3
at West Broadway 0.34 miles

Aerial Imagery

 

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