5 Franklin Place, Unit 5B

$2,500,000
Last Sold Price
2
Beds
2
Baths
1,780 Sq. Ft.
$1,404 / Sq. Ft.
1,780
Sq. Ft.
$1,404
per Sq. Ft.

Description

Pristine luxury living awaits in this gorgeous 2 bedroom 2 bathroom duplex at Tribeca’s most coveted ground-up new construction at 5 Franklin Place. Situated on a quiet cobblestone block between Franklin and White Streets, the 20-story gem’s striking exterior was designed by renowned architectural firm ODA, with interiors conceived by the famed Andres Escobar & Associates. World-class modern design combined with exceptional amenities affords an unparalleled experience for the discerning resident....Pristine luxury living awaits in this gorgeous 2 bedroom 2 bathroom duplex at Tribeca’s most coveted ground-up new construction at 5 Franklin Place. Situated on a quiet cobblestone block between Franklin and White Streets, the 20-story gem’s striking exterior was designed by renowned architectural firm ODA, with interiors conceived by the famed Andres Escobar & Associates. World-class modern design combined with exceptional amenities affords an unparalleled experience for the discerning resident.

Voluminous loft-like 5B is a stunning example of the chicness and refinement found in every unique home. Soaring living space with double tiers of massive windows is bathed in light and met by a premium open kitchen featuring Poggenpohl cabinetry and a huge Calacatta marble island with seating for entertaining. The chef will also appreciate sleek top-of-the-line appliances such as an integrated Sub-Zero refrigerator and Bosch stove, range, and dishwasher.

Complementing the superlative finishes that come with the apartment are thoughtful upgrades made by the current owner. These include all new 100-year-old reclaimed oak wood flooring throughout with new matching handrail on the staircase; designer de Gourney and textured wallpaper; sliding barn doors to the guest bedroom and Venetian plaster on all walls and closets; adding reclaimed wood beams to the living room ceiling; installing motorized blackout and solar shades and curtains; replacing the second floor balcony railing with metal glass; and carpeting the staircase. The home includes AV system / Sonos integration throughout.

Among the other highlights are a large airy master bedroom with an open overlook to the living room and fabulous custom-outfitted walk-in closet; 5-fixture master spa bath with a double-sink vanity, marble clad soaking tub and oversized glass shower; second elegant full bath with hand-laid imported marble; and a vented washer and dryer.

Completed in 2015, 5 Franklin Place offers a full-time doorman/concierge, live-in super, onsite parking, landscaped roof deck with heated pool & cabanas, state-of-the-art gym, playroom, private storage, and bicycle storage. The prime Tribeca location is close to Tribeca’s finest retail and restaurants as well as convenient public transportation.

There is currently a capital assessment starting April 2021 for the next 3 months for $890.16/ month.

Listing Agents

  1. Clayton Orrigo

    Clayton Orrigo

    Listing Agent

    Compass

    clayton@compass.com

    P: 212.960.3306

  2. Stephen Ferrara

    Stephen Ferrara

    Listing Agent

    Compass

    stephen@compass.com

    P: 646.761.7038

  3. Bobby Larrea

    Bobby Larrea

    Listing Agent

    Compass

Amenities

  • Primary Ensuite
  • Full-Time Doorman
  • Concierge
  • Balcony
  • Deck
  • Roof Deck
  • Common Roof Deck
  • Gym

Location

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LISTING UPDATED: 07/15/2021 05:22 AM

Property Details for 5 Franklin Place, Unit 5B

StatusSold
Days on Market14
Taxes$2,572 / month
Common Charges$2,399 / month
Min. Down Pymt20%
Total Rooms4.0
Compass TypeCondo
MLS TypeCondominium
Year Built2015
CountyNew York County

Building

Franklin Place

51 Units19 StoriesBuilt in 2015

Location

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Building Information for 5 Franklin Place, Unit 5B

Building/ComplexFranklin PlaceFloor5Stories19Residences51Pet PolicyAllowedYear Built2015Building AgeNew DevelopmentBuilding TypeHighrise

Payment Calculator

$18,615 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$2,572

Maintenance/Common Charges

$2,399

The Payment Calculator is for illustrative purposes only.

Property History for 5 Franklin Place, Unit 5B

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 5B

Taxable ValueLand$10,510Additions$330,298Total$340,808
Home Facts
Total Finished SqFt1,481 SqFtLot Size0 SqFtYear Built1920ZoningC64AAPN1001751513

Schools near 5 Franklin Place, Unit 5B

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

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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.