Overview

Franklin Place

5 Franklin Place, New York, NY 10013

Condo in Tribeca

52 Units

Welcome to 5 Franklin Place, located in Tribeca. 5 Franklin Place was first built in 1920 and is 101 years old. There are a total of 19 floors in 5 Franklin Place, but good news, residents have access to 2 elevators. There are 67 closings on record since January 1, 1970, of which we have matching data for 13 listings. In the past 3 years, a listing in this building will typically remain on the market for about 182 days and tend to sell below the original asking price of $3,650,000 by -5.00%. Overall, the median closing price per square foot at 5 Franklin Place is $2,085. In recent years, the longest days-on-market transaction was unit 7A, listed on June 6, 2017 for $3,999,000. This particular unit ultimately sold 365 days later for $3,500,000.The most recently closed transaction was unit 17A, which sold for $5,900,000 on August 20, 2021.

There are currently a total of 3 active listings. A breakdown of active listings shows 1 studio, 1 three-bedroom, and 1 four-plus-bedroom listings for sale. Unit 3D is currently the lowest priced apartment in the building, with an asking price of $1,375,000. At the high end, unit 34BC has 4 bedrooms and an asking price of $4,950,000.

Last but not least, there are many great amenities and features for residents in the building. You can expect to be greeted by a doorman which means any packages you mail home will also be taken care of! Conveniently, the building has laundry machines. Best yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. Love to bike? Store your bike in the building's bike storage rather than your own apartment. If you drive, rest assured! The building has its own garage, which would come in super-handy! The closest transportation nearby is the Canal St (UL) 6 line.

Interested in learning more about the building?


See the full transaction history for 5 Franklin Place below.

Currently For Sale

3 Bed at 120 Riverside Blvd Unit 8A $3,950,000 5 Franklin Pl Unit 8A

3 Bed | 3.5 Bath | 1,967 ft²

Listed by Frank Tamayo Leyva
0 Bed at 120 Riverside Blvd Unit 3D $1,375,000 5 Franklin Pl Unit 3D

Studio | 1 Bath | 812 ft²

Listed by Ivan Hernandez
4 Bed at 120 Riverside Blvd Unit 34BC $4,950,000 5 Franklin Pl Unit 34BC

4 Bed | 3 Bath | 2,456 ft²

Listed by Ron Ovadia

Building Experts

Holly Parker Elliman 4 closed deals in this building

Building Info

Amenities

  • Fitness Center
  • Garage
  • Doorman
  • Laundry in Unit
  • Central Air Conditioning
  • Bike Storage
  • Pool in Building
  • Roofdeck
  • Dogs Allowed
  • Cats Allowed
  • New Construction
  • Dryer
  • Laundry in Building
  • Balcony
  • Deck
  • Pool
  • Elevator
  • Number of Elevators: 2

Building Policies

  • Cats Allowed
  • Dogs Allowed

Overview

  • Basement Type

    5
  • Gross Building Area

    83,596
  • Lot Size Depth Feet

  • Lot Size Frontage Feet

  • Year Built

    1920

General

  • First Altered Year

  • Recent Altered Year

  • Building Count

    1
  • Floor Count

    19
  • Total Unit Count

    52
  • Building Frontage

    50
  • Building Depth

    130
  • Lot Area Sqft

    7,511

Unit Count

  • Residential Unit Count

    51

Building Floor Area

  • Residential Building Floor Area

    79,934
  • Commercial Building Floor Area

    3,662
  • Office Building Floor Area

  • Garage Building Floor Area

  • Factory Building Floor Area

  • Retail Building Floor Area

    3,662
  • Storage Building Floor Area

  • Other Building Floor Area


Floor Area Ratios

  • Built Floor Area Ratio

    11.13
  • Residential Floor Area Ratio

    10.00
  • Commercial Floor Area Ratio

    10.00
  • Facilities Floor Area Ratio

    10.00

Building

  • Building Type

    RM
  • Lot Type

  • Irregular Lot Code

    N
  • Land Use

    04
  • Proximity Code

  • Extension Code

  • Easements


Ownership

  • Current Owner's Full Name


Neighborhood

  • School District

    02
  • Community District

    101
  • City Council District

    1
  • Historic District Name

  • Landmark Name

  • Police Precinct

    1
  • Fire Company

    L001
  • Health Area

    7700
  • Health Center District

  • Sanitation District

  • Sanitation District Borough

    3
  • Sanitation Subsection


Zoning

  • Limited Height District

  • Zoning

    C6-4A
  • Special Purpose District 1

  • Special Purpose District 2

  • Special Purpose District 3

  • Split Boundary Zone Indicator

    N
  • Zoning Commercial Overlay 1

  • Zoning Commercial Overlay 2

  • Zoning District 2

  • Zoning District 3

  • Zoning District 4


Geography

  • Full Street Address

    5 FRANKLIN PLACE
  • Zip Code

    10013
  • Borough Name

    MN
  • Borough Code

    1
  • Block

    175
  • Lot

    7506
  • Borough Block Lot

    1001757506
  • Condominium Number

    2580

Valuation

  • Assessed Land Value

    $628,196
  • Assessed Total Value

    $15,463,799
  • Exempt Land Value

    $0
  • Exempt Total Value

    $0

Neighborhood

Stats & Trends

$3,650,000

Median Asking

5.00%

Below Asking

$2,085

Sale Price/ft²

182

Days on Market

Transportation

6

N

Q

R

J

Z

at Canal St (UL) 790 ft | 3 min walk

1

at Franklin St 950 ft | 4 min walk

A

C

E

at Canal St 0.21 mi | 5 min walk

1

2

3

at Chambers St 0.33 mi | 8 min walk

4

5

6

J

Z

at Brooklyn Bridge-City Hall 0.34 mi | 8 min walk

Schools

School Type Grades Distance
Spruce Street School Elementary PK to 8 0.49 mi
Jhs 104 Simon Baruch Middle School 6 to 8 1.74 mi
Clinton School (the) High School 6 to 12 1.4 mi
Murry Bergtraum High School for Business Careers High School 9 to 12 0.47 mi
Nyc Ischool High School 9 to 12 0.44 mi
New Explorations into Sciencetech and Math High School Other KG to 12 1.29 mi
Anderson School (the) Elementary KG to 8 4.57 mi
Brooklyn Brownstone School Elementary PK to 5 4.37 mi
Stuyvesant High School High School 9 to 12 0.52 mi
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

Recent Updates

Sep 10, 2021

Unit 16A - 4 Bed | 4.5 Bath

Status Change

Sep 10, 2021

Unit 14A - 3 Bed | 3.5 Bath

Status Change

Aug 14, 2021

Unit 11C - 2 Bed | 2.5 Bath

Contract Pending

Status Change

Aug 13, 2021

Unit 7B - 3 Bed | 3 Bath

Contract Pending

Status Change

Aug 13, 2021

Unit 7B - 3 Bed | 3 Bath

Relisted

Status Change

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Units

Transaction history for 5 Franklin Place

Unit Br Ba ft² Listed Listing Agent Asking
HOA + Tax
Closed Closing Buyer(s)
Unit 8A 3 3.5 1,967 Aug 6, 2021 Frank Tamayo Leyva $3,950,000
$5,517/mo
Active
Unit 3D Stu 1 812 Mar 22, 2021 Ivan Hernandez
Compass
$1,375,000
$1,984/mo
Active
Unit 34BC 4 3 2,456 May 6, 2020 Ron Ovadia
Nest Seekers International
$4,950,000
$3,630/mo
Active
Unit 17A 4 4.5 2,627 Apr 26, 2021 Henry Hershkowitz
Compass
$6,000,000
$8,548/mo
Aug 20, 2021
115 Days
$5,900,000
-1.67%
Ruth Kricheli
Yair Livne
Unit 5B 1 2 1,780 Mar 29, 2021 Clayton Orrigo
Compass
$2,300,000
$4,971/mo
Jul 6, 2021
98 Days
$2,500,000
+8.70%
Chelsea Cutler
Unit 5C 1 2 1,275 Mar 29, 2021 Stephen Ferrara
Compass
$2,195,000
$3,663/mo
Jun 30, 2021
92 Days
$2,175,000
-0.91%
Foster Family Trust
Jonathan R Foster
Laurie F Foster
Unit 14D 2 3 - Aug 10, 2020 Danny Davis
The Corcoran Group
$3,795,000
$4,832/mo
Apr 22, 2021
254 Days
$3,300,000
-13.04%
Jared Effron
Margaret Painter
Unit PHA - - - - - - Jul 15, 2020 - Marv Albert
Unit 17B 4 3.5 2,557 Oct 5, 2018 Tali Geva
Avenue Real Estate
$5,950,000
$7,774/mo
Mar 22, 2019
167 Days
$5,250,000
-11.76%
Sonia Berlin
Victor Vu Danh
Unit 7A 3 3.5 1,967 Jun 6, 2017 Holly Parker
Elliman
$3,999,000
$5,349/mo
Jun 7, 2018
365 Days
$3,500,000
-12.48%
Kaushik Murali
Komal Murali
Unit 15D 2 3 1,702 May 10, 2017 Marcos G. Cohen
Elliman
$3,550,000
$4,344/mo
Nov 9, 2017
182 Days
$3,450,000
-2.82%
5 Franklin Place 15d Llc
Unit PHA - - - - - - Nov 6, 2017 - Heather Albert
Marv Albert
Unit 9A 3 3.5 1,724 Dec 2, 2016 Holly Parker
Elliman
$3,995,000
$4,484/mo
Oct 24, 2017
325 Days
$3,700,000
-7.38%
Nochi Blue Llc
Unit 17B 4 3.5 2,557 May 17, 2016 Franklin Place Sales Office
Cantor-Pecorella
$5,500,000
$7,081/mo
May 8, 2017
355 Days
$5,297,450
-3.68%
Franklin 5 Llc
Unit 8B - - - - - - Jan 27, 2017 - Isjr Realty Inc
Unit 12A 3 3.5 1,840 May 13, 2016 Holly Parker
Elliman
$4,650,000
$3,855/mo
Jan 23, 2017
254 Days
$4,500,000
-3.23%
Tribeca Property Investor Inc
Unit 14B 1 1 756 May 20, 2016 Laura Cao
Elliman
$1,575,000
$1,406/mo
Nov 2, 2016
165 Days
$1,550,000
-1.59%
Gloria Lin
Unit 8B 1 1 728 Jan 25, 2016 Alan Louie
Citi Habitats, Inc.
$1,525,000
$1,165/mo
Aug 5, 2016
192 Days
$1,450,000
-4.92%
Ibrahim Y Rabadi
Suheir Rabadi
Unit 4A 3 3.5 1,967 Jan 29, 2016 Holly Parker
Elliman
$4,395,000
$3,214/mo
Jul 7, 2016
159 Days
$4,171,450
-5.09%
2016 5 Franklin Place Trust Dated May 10
Michael S Arlein As Trustee Of
Unit PHA - - - - - - Jul 6, 2016 $10,325,600 Marv Albert
Unit PHB - - - - - - Jun 22, 2016 $6,079,460 5 Franklinphb Llc
Unit PHC - - - - - - Jun 9, 2016 $14,767,200 5 Fp Llc
Unit 12B - - - - - - May 18, 2016 $1,122,620 Stacey Widlitz
Unit 9A - - - - - - Apr 29, 2016 $3,464,600 Franklin 9a Llc
Unit 17A - - - - - - Apr 28, 2016 $6,051,500 Kim Kirk Successor Trustee
The Five Franklin 2016 Revocable Trust
Unit 12A - - - - - - Apr 25, 2016 $3,617,330 Arthur Parker
Marc William Roman
Unit 16A - - - - - - Mar 28, 2016 $11,174,800 5 Franklin Place Unit 16a Llc
Unit 15C - - - - - - Mar 25, 2016 $2,650,000 Aleksandra Sankovich
Vladimir Sankovich
Unit 4C - - - - - - Mar 22, 2016 $1,504,460 The Board Of Managers Of Franklin Place
Unit 16B - - - - - - Mar 21, 2016 $5,126,380 Pakawadee Khovidhunkit
Tony Tsai
Unit 11B - - - - - - Mar 18, 2016 $1,097,160 Jin Hu
David K Kim
Unit 15D - - - - - - Mar 15, 2016 $3,159,120 5 Franklin Property Inc
Unit 15B - - - - - - Mar 10, 2016 $1,249,900 Cindy Chwe
Unit 2A - - - - - - Mar 9, 2016 $3,245,670 Lee Levy
Shara Levy
Unit 14C - - - - - - Mar 8, 2016 $2,522,710 Mazal 55 Llc
Unit 12D - - - - - - Mar 8, 2016 $2,879,100 Hamsa Tribeca Llc
Unit 11C - - - - - - Mar 7, 2016 $2,300,740 Aly Alibhai
Shazma Fazal
Unit 11D - - - - - - Mar 7, 2016 $2,700,910 Laurence Braham
Unit 14B - - - - - - Mar 7, 2016 $1,173,530 Adolfo Suaya
Unit 14A - - - - - - Mar 4, 2016 $3,599,000 Rie Inc
Unit 10A - - - - - - Mar 3, 2016 $3,617,330 Lappartement Tribeca Llc
Unit 14D - - - - - - Mar 1, 2016 $3,045,080 Mark Alan Fortner As Trustee
Marla Michelle Farrell As Trustee
The Mark And Marla Fortner Revocable Trust
Unit 12C - - - - - - Feb 29, 2016 $2,368,960 Michael A Nickols
Unit 11A - - - - - - Feb 29, 2016 $3,808,760 Philip Ha
Unit 6C - - - - - - Feb 1, 2016 $1,759,030 Celine W Fung
Unit 6A - - - - - - Feb 1, 2016 $3,413,680 Pablo Goldberg
Unit 5B - - - - - - Jan 29, 2016 $2,344,520 Isadorable Llc
Unit 9D - - - - - - Jan 28, 2016 $2,497,260 Brit Girl Llc
Unit 7C - - - - - - Jan 28, 2016 $1,784,480 Piatok Real Estate Llc
Unit 5A - - - - - - Jan 28, 2016 $3,464,600 Curtis Clay Hardwick
Katherine Courtney Healy
Unit 8A - - - - - - Jan 27, 2016 $3,501,250 Estefania Lacayo
Ricardo A Sagrera
Unit 3C - - - - - - Jan 26, 2016 $924,649 Five Franklin 3b Llc
Unit 3B - - - - - - Jan 26, 2016 $2,441,180 Five Franklin 3b Llc
Unit 5C - - - - - - Jan 25, 2016 $1,783,460 5franklin5c Llc
Unit 8B - - - - - - Jan 25, 2016 $1,102,500 Steve Yuan
Tse-chiang Yuan
Unit 8C - - - - - - Jan 22, 2016 $1,692,840 Blue Hawaii Llc
Unit 7B - - - - - - Jan 22, 2016 $2,700,910 Warren P Baker Iii
Unit 4A - - - - - - Jan 21, 2016 $3,293,530 Holly Parker
Unit 2B - - - - - - Jan 21, 2016 $1,122,620 Julia Choi
Unit 9B - - - - - - Jan 21, 2016 $995,339 Anthony David Checkal
Shirley Shuet Kwun Choi
Unit 2D - - - - - - Jan 20, 2016 $969,883 Elisabeth Weinstock
Unit 2C - - - - - - Jan 20, 2016 $888,423 Roger Berger
Unit 10D - - - - - - Jan 14, 2016 $2,802,730 Jonathan Hua Jun Xiong
Unit 9C - - - - - - Jan 13, 2016 $2,262,040 Rupa Athreya
Taimur Hyat
Unit 7A - - - - - - Jan 12, 2016 $3,402,500 Judith Hess
Unit 3D - - - - - - Dec 30, 2015 $995,339 Jeffrey Hau
Theresa Pu-yiow Hwa
Unit 3A - - - - - - Dec 29, 2015 $3,242,620 Oliver Wong
Unit 10C - - - - - - Dec 14, 2015 $2,064,500 Daniel Investors Llc
Unit 10B - - - - - - Dec 14, 2015 $985,411 Jennie Angela Sargente As Trustee
Marie Mustillo As Trustee
Iii As Trustee Michael A Mustillo
The Article Sixth Trust Credit Shelter Trust
The Jennie Angela Sargente Revocable Grantor Trust
Unit C - - - - - - May 21, 2015 $6,959,340 Arisa 5 Franklin Llc

Apartments for Sale at 5 Franklin Place

UnitBrBaft²ListedListing AgentAskingPrice/ft² HOA + Tax Floorplans
Unit 8A 3 3.5 1,967 Aug 6, 2021 Frank Tamayo Leyva $3,950,000 $2,008/ft² $5,517/mo
Unit 3D Stu 1 812 Mar 22, 2021 Ivan Hernandez
Compass
$1,375,000 $1,693/ft² $1,984/mo
Unit 34BC 4 3 2,456 May 6, 2020 Ron Ovadia
Nest Seekers International
$4,950,000 $2,015/ft² $3,630/mo

Apartments for Rent at 5 Franklin Place

UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

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