Sold
Last Sold Price
4 beds2,627 sqft
5 Franklin Place, Unit 17A, TriBeCa
Building Info: Franklin Place, 19 stories, Built 2015
CondoProperty Type
2015Year Built
$2,246/sq ftPrice per sq ft
$4,536/moCommon Charges
Pets welcomePet policy

Description

Exceptional views, brilliant light, a prime Tribeca location, and private parking make this expansive high-floor aerie an extraordinary offering. Located at Five Franklin Place, a full-service recently completed boutique condominium building on a private cobblestoned block between Franklin and White Streets, residence 17A is the epitome of modern elegance. This lovely home offers 2,627 interior square feet, two terraces totaling 190 exterior square feet, four bedrooms plus den, soaring ceiling heights...Exceptional views, brilliant light, a prime Tribeca location, and private parking make this expansive high-floor aerie an extraordinary offering. Located at Five Franklin Place, a full-service recently completed boutique condominium building on a private cobblestoned block between Franklin and White Streets, residence 17A is the epitome of modern elegance. This lovely home offers 2,627 interior square feet, two terraces totaling 190 exterior square feet, four bedrooms plus den, soaring ceiling heights up to 10.5’, bespoke finishes and some of Tribeca’s most compelling views.


Enter or exit through a semi private landing shared with just one other home, or use the private elevator entrance located within the residence. The foyer leads directly into a massive corner great room with nearly 40 linear feet of oversized windows facing South and West over all of Tribeca with views of its historic buildings, modern towers, glimpses of the Hudson River, and glorious sunsets.


The open chef’s kitchen is designed for everyday living and entertaining. The kitchen boasts plentiful Poggenpohl cabinetry, Calacatta marble counters, backsplash and large waterfall island with breakfast bar, integrated 48” side by side Miele refrigerator and freezer, Bosch five burner range with stainless steel vented hood and pot filler, integrated Bosch double ovens, microwave and warming drawer, and wine refrigerator. From the large corner dining area with western and southern exposures and floor to ceiling windows, one can step directly out to a large planted terrace with gorgeous western views over the Tribeca skyline and views to the north of the Empire State Building, Hudson Yards and the Manhattan skyline.


The magnificent corner primary suite with its own large private terrace offers those same Tribeca Views and also faces north to Hudson Yards and beyond. Custom built closets with integrated dressers and lighting flank the bedroom. The luxurious, spacious ensuite five fixture bathroom has floor to ceiling windows with breathtaking views beyond the terrace, and boasts hand-laid imported marble floors, a glass enclosed shower and a separate marble clad Waterworks tub, double vanity sinks, heated marble floors and Waterworks fixtures throughout.


Adjacent to the primary is a secondary bedroom with northern views of the city skyline, copious sky, and the wooden water tower of a nearby building. This bedroom has its own ensuite bathroom with Waterworks fixtures and marble enclosed tub, custom closets and a built-in desk. Down the hall, the generously proportioned third and fourth bedrooms also boast custom closets, 8’ windows, and unique northern views over the wooden water tower and Tribeca rooftop gardens. These rooms share a large adjoining bathroom with similar finishes. A large adjacent TV room/den completes the magnificent layout of this remarkable home.


Finishing touches of this extraordinary home include upgraded seven inch wide plank white oak hardwood flooring, Sonos surround sound system, multi-zone HVAC with linear diffusers, tremendous custom closet spaces, a dedicated full size laundry room with sink, built-in storage and Whirlpool washer and vented dryer, and a spacious well appointed powder room.


A deeded SUV size parking spot (one of only two in the building!) and a 41 square foot storage unit can be transferred with residence 17A for an additional cost. The state of the art automated parking is entered right off the lobby.


Completed in 2016, Five Franklin Place is an intimate 20 story boutique building with only 53 residences designed by the world-renowned architectural firm ODA, with interiors adeptly designed by the esteemed Andres Escobar. Amenities include heated rooftop pool fitness center, kid’s playroom, private garage, full-time doorman/concierge, and live-in resident manager. The prime Tribeca location of Five Franklin Place is in close proximity to Tribeca’s art gallery district, the finest retail and dining, and is convenient to all public transportation.


*Advertised taxes reflect a primary residence condominium abatement
Listing closed: 08/20/2021 12:00 AM

Recent comparable sales

Median sold price

$5,875,000

Avg days on market

61

Sale-to-list ratio

95.6%

Manhattan, NY

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Amenities

  • Primary Ensuite
  • Full-Time Doorman
  • Concierge
  • Balcony
  • Private Terrace
  • Roof Deck
  • Common Roof Deck
  • Barbecue Area

Location

Add your commute

Payment Calculator

$42,847 per month

30 year fixed, 6.71% Interest

Principal and Interest

$34,299

Property Taxes

$4,012

Maintenance/Common Charges

$4,536

The Payment Calculator is for illustrative purposes only.

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Property Information for 5 Franklin Place, Unit 17A

Property Details
  • Taxes: $4,012 / month
  • Min. Down Pymt: 10%
  • Total Rooms: 11.0
  • MLS Type: Condo
  • Buyer's Agent Compensation: 2.5%
Building Information
  • Building/Complex: Franklin Place
  • Floor: 17
  • Stories: 19
  • Residences: 51
  • Pet Policy: Allowed
  • Pet Policy Details: 3
  • Year Built: 2015
  • Building Age: New Development
  • Building Type: Highrise

Property History for 5 Franklin Place, Unit 17A

DateEvent & SourcePriceAppreciationLink
Aug 20, 2021

Sold

Manual

$5,900,000
Aug 20, 2021

Sold (Public Record)

ACRIS #2021082600336003

$5,900,000

-0.5% / yr

Jun 23, 2021

Contract Signed

Manual

DateEvent & SourcePrice
08/20/2021

Sold

Manual

$5,900,000
08/20/2021

Sold (Public Record)

ACRIS #2021082600336003

$5,900,000

-0.5% / yr

06/23/2021

Contract Signed

Manual

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

Public Records for 5 Franklin Place, Unit 17A

Taxable ValueLand$19,872Additions$705,390Total$725,262
Home Facts
Total Finished SqFt2,407 SqFtLot Size0 SqFtYear Built1920ZoningC64AAPN1001751548

Schools near 5 Franklin Place, Unit 17A

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.

Tribeca
Tribeca
From industrial center to artists’ mecca. Tribeca is a combination of industrial sensibility and simple sophistication. While the renovated lofts and luxury buildings are a celebrity favorite, Tribeca is far from stuffy; downtown cool is a part of the fabric of this spacious and chic neighborhood.

Neighborhood Map and Transit

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5 Franklin Place, Unit 17A, TriBeCa
$5,900,000
4
2,627
$1,435,000
1
756
$3,050,000
2
1,472
$3,225,000
3
1,967
$3,275,000
3
1,967
$1,285,000
1
756

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

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