5 Franklin Place, Unit 16B

$6,500,000
Price
3
Beds
2
Baths
1
1/2 Bath
2,264 Sq. Ft.
$2,871 / Sq. Ft.
2,264
Sq. Ft.
$2,871
per Sq. Ft.

Description

Luxuriate in urban living within this sun-soaked 3-bedroom, 2.5-bath residence, boasting a generous terrace. Nestled in the esteemed 5 Franklin Place, a boutique condominium crafted by Andrew Escobar, this sophisticated home embodies loft-style refinement. With oversized windows framing expansive city panoramas, this meticulously planned abode spans 2,264 square feet, promising spaciousness in every corner. A thoughtfully designed layout ensures seamless flow and privacy, with a discreet hallway...Luxuriate in urban living within this sun-soaked 3-bedroom, 2.5-bath residence, boasting a generous terrace. Nestled in the esteemed 5 Franklin Place, a boutique condominium crafted by Andrew Escobar, this sophisticated home embodies loft-style refinement. With oversized windows framing expansive city panoramas, this meticulously planned abode spans 2,264 square feet, promising spaciousness in every corner. A thoughtfully designed layout ensures seamless flow and privacy, with a discreet hallway leading from the great room to all three bedrooms. The light-filled great room offers an inviting space for living and entertaining, illuminated by Southern and Eastern exposures that spill onto the terrace. The chef's kitchen showcases Poggenpohl cabinetry, natural marble countertops, and high-end appliances including a Subzero refrigerator and Bosch stove. The expansive Master Suite enjoys a corner position, featuring a cozy sitting area and an opulent bathroom adorned with imported marble, double vanity, and radiant heated floors. Additional highlights encompass oak hardwood floors, a laundry closet equipped with a Miele washer and dryer, central AC, and ample storage space. Residents of 5 Franklin Place relish access to an array of amenities, including a 24-hour doorman, landscaped rooftop deck with a pool, state-of-the-art gym, playroom, and private parking.

Property Details for 5 Franklin Place, Unit 16B

View
City, Skyline

Location

Listing Courtesy of Douglas Elliman Real Estate
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LISTING UPDATED: 03/13/2024 09:18 AM

Property Details for 5 Franklin Place, Unit 16B

StatusActive
MLS IDRPLU-5122873129
Days on Market47
Taxes$5,177 / month
Common Charges$4,544 / month
Min. Down Pymt20%
Total Rooms6.5
Compass TypeCondo
MLS TypeCondo
Year Built2015
CountyNew York County

Building

Franklin Place

51 Units19 StoriesBuilt in 2015

Location

Listing Courtesy of Douglas Elliman Real Estate
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Building Information for 5 Franklin Place, Unit 16B

Building/ComplexFranklin PlaceFloor16Stories19Residences51Pet PolicyAllowedYear Built2015Building AgeNew DevelopmentBuilding TypeHighrise

Payment Calculator

$45,194 per month

30 year fixed, 7.25% Interest

Principal and Interest

$35,473

Property Taxes

$5,177

Maintenance/Common Charges

$4,544

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Franklin Place, Unit 16B

Summary
Location and General Information
  • Subdivision Name: Tribeca
  • Stories Total: 20
  • Exposures: East, North, South
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 0000
  • Tax Deduction Percent: .00%
  • Tax Block: 00175
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Building Tax Lot: 7506
  • Tax Monthly Amount: 5177.0
  • Tax Abatement YN: false
Parking
  • Garage: Yes
  • Building Parking Total: 8.0
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 2264.0
  • Living Area Units: SquareFeet
  • Building Name: FRANKLIN PLACE
Building Information
  • Building Features: Storage, IndoorPool, CommonPlayroom, Concierge
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Exterior Features: BuildingRoofDeck
  • Building Laundry Features: None
  • Building Pets Allowed: BuildingNo
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: Condominium
  • Number Of Shares: 0
  • New Construction: No
  • Structure Type: HighRise
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: Terrace
Interior Features
  • Entry Level: 16
  • Appliances: WasherDryerAllowed
  • Fireplace: No
  • Floor Number: 16
  • Basement: No
  • Cooling: No
  • Laundry Features: WasherHookup, InUnit
  • ElevatorsTotal: 7
Multi Family
Multi-Family Information
  • Unit Line: B
  • Number Of Units Total: 53
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Attendance Type: DoormanFullTime, ConciergeFullTime
  • Land Lease: No

Property History for 5 Franklin Place, Unit 16B

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Franklin Place, Unit 16B

Taxable ValueLand$17,751Additions$557,874Total$575,625
Home Facts
Total Finished SqFt2,075 SqFtLot Size0 SqFtYear Built1920ZoningC64AAPN1001751547

Schools near 5 Franklin Place, Unit 16B

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Spruce Street School
PublicPK to 8

Lower Manhattan Community Middle School
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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5 Franklin Place, Unit 16B is a condo for sale in TriBeCa. This property was listed for sale on February 6, 2024 by Douglas Elliman Real Estate, it's currently listed at $6,500,000. It has been on the market for a total of 47 days and was last sold on March 21, 2016. This listing's school district is New York City Geographic District # 2. Nearby schools include Spruce Street School, Lower Manhattan Community Middle School and Nyc Lab Ms For Collaborative Studies. 5 Franklin Place, Unit 16B is a 3-bed, 2.5-bath, 2,264 sqft condo built in 2015.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.