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Franklin Place

5 Franklin Place, New York, NY 10013
Condo in Tribeca
5 Units For Sale
Open House: 4:30PM - 5:30PM, Thu Mar 28
Unit for sale at 5 FRANKLIN Place, Manhattan, NY 10013

$1,299,999 ↓ $75K

  • 1 Bed
  • 1 Bath
5 FRANKLIN Place #8B, Manhattan, NY 10013 Listing by Deepti Mittal

Unit for sale at 5 FRANKLIN Place, Manhattan, NY 10013

$6,500,000

  • 3 Beds
  • 3 Baths
  • 2,264 ft²
5 FRANKLIN Place #16B, Manhattan, NY 10013 Listing by Raymond Dillulio

Unit for sale at 5 FRANKLIN Place, Manhattan, NY 10013

$3,495,000

  • 3 Beds
  • 4 Baths
  • 1,967 ft²
5 FRANKLIN Place #8A, Manhattan, NY 10013 Listing by Kirsten Jordan

Unit for sale at 5 Franklin Place, Manhattan, NY 10013

$1,385,000 In Contract

  • 1 Bed
  • 1 Bath
  • 756 ft²
5 Franklin Place #10B, Manhattan, NY 10013 Listing by John Carapella

Unit for sale at 5 FRANKLIN Place, Manhattan, NY 10013

$3,345,000 In Contract

  • 3 Beds
  • 4 Baths
  • 1,967 ft²
5 FRANKLIN Place #4A, Manhattan, NY 10013 Listing by Eva Penson

Franklin Place is a condo located 5 Franklin Place, in Tribeca, New York. The building was first built in 1920 and is 104 years old. It was first renovated and altered in 2007. But was most recently renovated and altered in 2007. The lot that the building was built on is 50 feet wide and 150 feet long. The official lot area is listed as 7,511 square feet. The building itself is 50 feet wide and 130 feet long. In total, 5 Franklin Place has a total floor area of 83,596 square feet. Of that, 79,934 square feet are used for residential purposes. About 3,662 square feet of the building are used for commercial purposes. There are a total of 52 units. Of those, 51 are residential units. There are 1 commercial units. 5 Franklin Place has a total of 19 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? 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. 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 for parking! Don't forget to take full advantage of the roof deck where you can soak up some sun during summer or host a get together with your friends and family. 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 78 closings on record, of which we have matching data for 22 listings. In the past 3 years, a listing in this building will typically remain on the market for about 167 days Meaning, listings tend to sell at a median of $1,910 price per square foot. The transaction that took the longest to complete was unit 7A, listed on Jun 06, 2017 for $3,999,000. This particular unit ultimately sold 366 days later for $3,500,000. The most recent transaction was for unit 10B, which was first advertised on Oct 06, 2023, sold for $0 on Oct 10, 2023. Fun fact, the oldest transaction we have on record took place on May 21, 2015. See the full transaction history for Franklin Place below.

Tribeca, where 5 Franklin Place is located, has a median asking price of $2,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $3,372,500. For interested buyers, that means the building's median asking price is around 1.81% 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 5 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 $6,500,000. It is a 2,264 sqft 3 bedroom and 3 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $1,299,999. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 2 one-bedroom, no two-bedroom, 3 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $3,345,000. Collectively, the median square footage of these active units for sale is 1,967 sqft. Active units for sale at 5 Franklin Place are mostly 3-bedroom apartments Active units for sale at 5 Franklin Place have a median count of 3 bedrooms and have a median count of 3 bathrooms.

Building Features

Parking

Garage Parking

Facilities

Storage Available Bike Room Fitness Center Laundry Room

Laundry

Washer / Dryer Allowed

Services

Doorman Concierge

Accessibility

Elevators

Outdoor Space

Roof Deck Terrace Courtyard

Ownership & Occupancy

Pied-à-Terre Allowed Sublets Allowed

Pet Policy

Dogs Allowed / Cats Allowed

Condition

New Construction
This property description is generated based on publicly available data.

45 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230623 Unit 6A
06/23/2023
6A
3 Bed
4 Bath
1967 ft²
$3,395,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
1967 ft²
$3,275,000 -3.53%
09/08/2023
Francis Caamano
Lafayette Realty Partners LLC
20230510 Unit 8B
05/10/2023
8B
1 Bed
1 Bath
-
$1,600,000
bedrooms
1 Bed
bathrooms
1 Bath
$1,999,000 +24.94%
08/10/2023
-
Deepti Mittal
Prudential Douglas Elliman Real Estate
20220720 Unit 9C
07/20/2022
9C
2 Bed
3 Bath
1412 ft²
$2,750,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1412 ft²
$2,450,000 -10.91%
12/29/2022
Jamie Gagliano
Douglas Elliman Real Estate
20220418 Unit 11B
04/18/2022
11B
1 Bed
1 Bath
756 ft²
$1,500,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
756 ft²
$1,435,000 -4.33%
10/14/2022
Holly Parker
Douglas Elliman Real Estate
20210714 Unit 11C
07/14/2021
11C
2 Bed
3 Bath
1551 ft²
$2,700,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1551 ft²
$2,700,000
10/05/2021
Matthew Coleman
Coleman Real Estate Group
20210602 Unit 14A
06/02/2021
14A
3 Bed
4 Bath
1840 ft²
$4,500,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
1840 ft²
$4,175,000 -7.22%
10/06/2021
HOLLY PARKER
Douglas Elliman Real Estate
20210518 Unit 7B
05/18/2021
7B
3 Bed
3 Bath
1829 ft²
$3,500,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1829 ft²
$3,303,500 -5.61%
11/23/2021
Avi Alkotzer
Compass
20210426 Unit 17A
04/26/2021
17A
4 Bed
4 Bath
2627 ft²
$6,000,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2627 ft²
$5,900,000 -1.67%
08/20/2021
Henry Hershkowitz
Compass
20210420 Unit 12C
04/20/2021
12C
2 Bed
3 Bath
1551 ft²
$2,750,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1551 ft²
$2,450,000 -10.91%
10/21/2021
-
KRISTA NICKOLS
SERHANT.
20210329 Unit 5C
03/29/2021
5C
1 Bed
2 Bath
1275 ft²
$2,195,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1275 ft²
$2,175,000 -0.91%
06/30/2021
Stephen Ferrara
Compass
20210329 Unit 5B
03/29/2021
5B
2 Bed
2 Bath
1780 ft²
$2,300,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1780 ft²
$2,500,000 +8.70%
07/06/2021
Bobby Larrea
Compass
20210322 Unit 3D
03/22/2021
3D
Studio
1 Bath
812 ft²
$995,339
bedrooms
Studio
bathrooms
1 Bath
square feet
812 ft²
$1,325,000 +33.12%
03/15/2022
Ivan Hernandez
Compass
20201130 Unit 4C
11/30/2020
4C
1 Bed
1 Bath
-
$1,750,000
bedrooms
1 Bed
bathrooms
1 Bath
$1,800,000 +2.86%
07/28/2021
-
Ann Weintraub
Weintraub, Ann, Ltd.
20200810 Unit 14D
08/10/2020
14D
2 Bed
3 Bath
1820 ft²
$3,795,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1820 ft²
$3,300,000 -13.04%
04/22/2021
Danny Davis
Corcoran Group
20181005 Unit 17B
10/05/2018
17B
4 Bed
4 Bath
2557 ft²
$5,950,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2557 ft²
$5,250,000 -11.76%
03/22/2019
Tali Geva
Avenue
20170902
09/02/2017
4 Bed
3 Bath
-
-
bedrooms
4 Bed
bathrooms
3 Bath
-
-
-
-
20170120 Unit 7A
01/20/2017
7A
3 Bed
3 Bath
1967 ft²
$4,200,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1967 ft²
-
-
-
LiJuan Ye
Compass
20170510 Unit 15D
05/10/2017
15D
2 Bed
3 Bath
1702 ft²
$3,550,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1702 ft²
$3,450,000 -2.82%
11/09/2017
Marcos Cohen
Douglas Elliman Real Estate
20170315 Unit 34BC
03/15/2017
4 Bed
3 Bath
2456 ft²
$5,750,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2456 ft²
-
-
-
Ron Ovadia
Nest Seekers LLC
20161202 Unit 9A
12/02/2016
9A
3 Bed
4 Bath
1724 ft²
$3,995,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
1724 ft²
$3,700,000 -7.38%
10/24/2017
HOLLY PARKER
Douglas Elliman Real Estate
20161010 Unit 1801
10/10/2016
4 Bed
3.5 Bath
4064 ft²
$17,700,000
bedrooms
4 Bed
bathrooms
3.5 Bath
square feet
4064 ft²
-
-
-
Francis Caamano
Lafayette Realty Partners LLC
20160606 Unit 10AB
06/06/2016
3 Bed
2 Bath
-
$5,650,000
bedrooms
3 Bed
bathrooms
2 Bath
$5,650,000
02/05/2021
-
Ann Weintraub
Ann Weintraub Ltd
20160520 Unit 14B
05/20/2016
14B
1 Bed
1 Bath
756 ft²
$1,575,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
756 ft²
$1,550,000 -1.59%
11/02/2016
Laura Cao
Douglas Elliman Real Estate
20160519 Unit 7A
05/19/2016
7A
3 Bed
3.5 Bath
1967 ft²
$4,495,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
1967 ft²
-
-
-
Michael Bolla
Sotheby's International Realty, Inc.
20160517 Unit 17B
05/17/2016
17B
4 Bed
3.5 Bath
2557 ft²
$5,500,000
bedrooms
4 Bed
bathrooms
3.5 Bath
square feet
2557 ft²
-
05/08/2017
Erica Masiello
Cantor-Pecorella
20160513 Unit 12A
05/13/2016
12A
3 Bed
4 Bath
1840 ft²
$4,650,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
1840 ft²
$4,500,000 -3.23%
01/23/2017
HOLLY PARKER
Douglas Elliman Real Estate
20160510 Unit 15D
05/10/2016
15D
2 Bed
3 Bath
1702 ft²
$3,599,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1702 ft²
-
-
-
Fabiano M.
R New York
20160129 Unit 4A
01/29/2016
4A
3 Bed
4 Bath
1967 ft²
$4,395,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
1967 ft²
$4,171,450 -5.09%
07/07/2016
Jamie Gagliano
Douglas Elliman Real Estate
20160125 Unit 8B
01/25/2016
8B
1 Bed
1 Bath
728 ft²
$1,525,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
728 ft²
$1,102,500 -27.70%
01/25/2016
Leasing Office 15 Cliff
Citi Habitats, Inc.
20160113 Unit 10C
01/13/2016
10C
2 Bed
2 Bath
1552 ft²
$2,995,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1552 ft²
-
-
-
Ariel Tavivian
Elliman
20141118 Unit 12C
11/18/2014
12C
2 Bed
3 Bath
486 ft²
$2,275,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
486 ft²
$2,275,000
02/29/2016
-
Ariel Cohen
Prudential Douglas Elliman Real Estate
20141113 Unit 10C
11/13/2014
10C
2 Bed
2 Bath
1552 ft²
$3,500,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1552 ft²
-
-
-
Yair Tavivian
Prudential Douglas Elliman Real Estate
20141113 Unit 10BC
11/13/2014
4 Bed
3.5 Bath
2311 ft²
$4,900,000
bedrooms
4 Bed
bathrooms
3.5 Bath
square feet
2311 ft²
-
-
-
Yair Tavivian
Prudential Douglas Elliman Real Estate
20140911 Unit 10B
09/11/2014
10B
1 Bed
1 Bath
764 ft²
$1,400,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
764 ft²
$1,350,000 -3.57%
09/15/2015
-
Yair Tavivian
Prudential Douglas Elliman Real Estate
20140304 Unit 12B
03/04/2014
12B
1 Bed
1 Bath
752 ft²
$1,450,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
752 ft²
-
-
-
Yair Tavivian
Prudential Douglas Elliman Real Estate
20131122 Unit 11D
11/22/2013
11D
2 Bed
3 Bath
1702 ft²
$3,400,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1702 ft²
$2,650,000 -22.06%
02/05/2021
-
Franklin Place Sales Office
Cantor-Pecorella
20130710 Unit 17B
07/10/2013
17B
4 Bed
3.5 Bath
2557 ft²
$6,950,000
bedrooms
4 Bed
bathrooms
3.5 Bath
square feet
2557 ft²
-
-
-
Yair Tavivian
Prudential Douglas Elliman Real Estate
20130710 Unit PHC
07/10/2013
PHC
4 Bed
4.5 Bath
3241 ft²
$14,767,171
bedrooms
4 Bed
bathrooms
4.5 Bath
square feet
3241 ft²
$14,767,171
02/05/2021
-
Franklin Place Sales Office
Cantor-Pecorella
20130617 Unit 9C
06/17/2013
9C
2 Bed
2.5 Bath
1412 ft²
$2,175,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
1412 ft²
$2,175,000
02/05/2021
-
Franklin Place Sales Office
Cantor-Pecorella
20130529 Unit 10D
05/29/2013
10D
2 Bed
3 Bath
1650 ft²
$2,750,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1650 ft²
$2,750,000
02/05/2021
-
Franklin Place Sales Office
Cantor-Pecorella
20130529 Unit PHD
05/29/2013
PHD
3 Bed
3.5 Bath
2598 ft²
$7,000,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
2598 ft²
$7,000,000
02/05/2021
-
Franklin Place Sales Office
Cantor-Pecorella
20130529 Unit 2D
05/29/2013
2D
Studio
1 Bath
812 ft²
$950,000
bedrooms
Studio
bathrooms
1 Bath
square feet
812 ft²
$950,000
02/05/2021
-
Franklin Place Sales Office
Cantor-Pecorella
20130529 Unit 16B
05/29/2013
16B
3 Bed
2.5 Bath
2264 ft²
$5,126,380
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
2264 ft²
$5,126,380
02/05/2021
-
Franklin Place Sales Office
Cantor-Pecorella
20130529 Unit 15C
05/29/2013
15C
2 Bed
2.5 Bath
1551 ft²
$2,649,996
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
1551 ft²
$2,649,996
02/05/2021
-
Franklin Place Sales Office
Cantor-Pecorella
20130529 Unit 7A
05/29/2013
7A
3 Bed
3.5 Bath
1967 ft²
$3,500,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
1967 ft²
$3,500,000
02/05/2021
-
Franklin Place Sales Office
Cantor-Pecorella

Building Info

Overview

    General

  • Year Built: 1920
  • First Altered Year: 2007
  • Recent Altered Year: 2007
  • Building Count: 1
  • Floor Count: 19
  • Total Unit Count: 52
  • Residential Unit Count: 51
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 7,511
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 50
  • Building Depth: 130
  • Building Frontage: 50
  • Gross Building Area: 83,596

    Building Floor Area

  • Residential Building Floor Area: 79,934
  • Commercial Building Floor Area: 3,662
  • Retail Building Floor Area: 3,662

    Floor Area Ratio

  • Built Floor Area Ratio: 11
  • Residential Floor Area Ratio: 10
  • Commercial Floor Area Ratio: 10
  • Facilities Floor Area Ratio: 10

Building

  • Building Type: RM
  • Lot Type: 0
  • Land Use: 04
  • Irregular Lot Code: N

Neighborhood

  • Community District: 101
  • City Council District: 1
  • Police Precinct: 1
  • Fire Company: L001
  • Health Area: 7700
  • Sanitation District Borough: 1
  • Sanitation Subsection: 3A
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: C6-4A

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 175
  • Lot: 7506
  • Borough Block Lot: 1001757506

    Address

  • Full Address: 371 Broadway
  • Condominium Number: 2580
  • Zip Code: 10013

Valuation

    Assessments Valuation

  • Assessed Total Value: $15,272,549
  • Assessed Land Value: $628,202

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

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Frequently Asked Questions

What neighborhood is 5 Franklin Place located in?
The 5 Franklin Place is a condo located in the neighborhood of Tribeca in Downtown Manhattan, New York.
How many listings are currently for sale in 5 Franklin Place?
There are five listings currently on the market for sale.
What is the average sales price for listings in 5 Franklin Place?
The average sales price for units in 5 Franklin Place is $3,372,500 , or $1,910/sqft. currently.

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