Fifty Franklin

Fifty Franklin is a condo located 50 Franklin Street, in Civic Center, New York. The building was first built in 2007 and is 17 years old. The lot that the building was built on is 75 feet wide and 101 feet long. The official lot area is listed as 7,532 square feet. The building itself is 75 feet wide and 100 feet long. In total, 50 Franklin Street has a total floor area of 73,624 square feet. Of that, 70,889 square feet are used for residential purposes. About 2,735 square feet of the building are used for commercial purposes. Additionally, the building has a 1,683 square feet garage. There are a total of 155 units. Of those, 72 are residential units. There are 83 commercial units. 50 Franklin Street has a total of 18 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! For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! 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 152 closings on record, of which we have matching data for 52 listings. In the past 3 years, a listing in this building will typically remain on the market for about 151 days Meaning, listings tend to sell at a median of $1,529 price per square foot. The transaction that took the longest to complete was unit 9A, listed on Jun 28, 2021 for $1,195,000. This particular unit ultimately sold 303 days later for $1,075,000. The most recent transaction was for unit 6B, which was first advertised on Aug 08, 2023, sold for $880,000 on Oct 05, 2023. Fun fact, the oldest transaction we have on record took place on Mar 15, 1968. See the full transaction history for Fifty Franklin below.

Civic Center, where 50 Franklin Street is located, has a median asking price of $2,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,199,000. For interested buyers, that means the building's median asking price is around 0.43% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units 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 $1,780,000. It is a 1,004 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $800,000. It is a 604 sqft studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, no one-bedroom, 1 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $1,290,000. Collectively, the median square footage of these active units for sale is 804 sqft. Active units for sale at 50 Franklin Street have a median count of 1 bedrooms and have a median count of 1.5 bathrooms.