One40 Franklin

One40 Franklin is a condo located 140 Franklin Street, in Tribeca, New York. The building was first built in 1888 and is 136 years old. It was first renovated and altered in 1999. The lot that the building was built on is 123 feet wide and 100 feet long. The official lot area is listed as 11,362 square feet. The building itself is 100 feet wide and 122 feet long. In total, 140 Franklin Street has a total floor area of 70,189 square feet. Of that, 53,636 square feet are used for residential purposes. About 16,553 square feet of the building are used for commercial purposes. There are a total of 14 units. Of those, 13 are residential units. There are 1 commercial units. 140 Franklin Street has a total of 7 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! Better yet, washer and dryers are allowed in each unit. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 40 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 349 days Meaning, listings tend to sell at a median of $3,680 price per square foot. The transaction that took the longest to complete was unit PHC, listed on Oct 21, 2015 for $17,499,000. This particular unit ultimately sold 362 days later for $0. The most recent transaction was for unit 4A, sold for $0 on Apr 17, 2023. Fun fact, the oldest transaction we have on record took place on Nov 02, 1998. See the full transaction history for One40 Franklin below.

Tribeca, where 140 Franklin Street is located, has a median asking price of $2,150,000 for condo buildings. Meanwhile, the building itself has a median asking price of $16,242,000. For interested buyers, that means the building's median asking price is around 12.59% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $17,500,000. It is a 6,300 sqft 7 bedroom and 5 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $12,980,000. It is a 4,100 sqft 3 bedroom and 5 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, no two-bedroom, 1 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $15,240,000. Collectively, the median square footage of these active units for sale is 5,200 sqft. Active units for sale at 140 Franklin Street are mostly 5-bedroom apartments Active units for sale at 140 Franklin Street have a median count of 5 bedrooms and have a median count of 5 bathrooms.