$1,995,000
●
Condo -
Off Market
50 FRANKLIN ST #5C
Manhattan, NY 10013
2 Beds
2 Baths
1123 Sqft
$12,004
Estimated Monthly
$1,430
HOA / Fees
3.60%
Cap Rate
About This Property
Investors! Investors! Prime investment opportunity to purchase
apartment + private deeded parking space for 3% cap rate and 8% YOY
historical appreciation. Due to the unusual relative affordability
of 50 Franklin, which is laden with amenities including oversized
gym, lounge, media room, bike room, pet spa, roofdeck, and private
guest suite on premises, this property is sought-after by tenants
eager to live in Tribeca. The apartment features a desirable
2BR/2Bath 1123sf layout with additional home office that doubles as
a nursery or playroom. High 9' ceilings, thick 4 real oak plank
floors, and top-of-the-line finishes including Caeserstone kitchen
countertops, white lacquered cabinetry, Bosch oven and dishwasher,
Subzero refrigerator and wine fridge. Central A/C and Bosch
washer/dryer. Storage unit included. Fulltime doorman and live-in
super.
Asking price INCLUDES private parking space which can be fully financed by all major banks, a $250k value. Apartment rents for minimum $6k/mo and the parking can be rented out at $600-$800/mo. This is a hot commodity for users and investors alike looking to achieve a strong ROI.
Asking price INCLUDES private parking space which can be fully financed by all major banks, a $250k value. Apartment rents for minimum $6k/mo and the parking can be rented out at $600-$800/mo. This is a hot commodity for users and investors alike looking to achieve a strong ROI.
Unit Size
1,123Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,776
Property Type
Condo
Property Taxes
$778
HOA Dues
$1,430
Year Built
2007
Last updated: 5 months ago ( #RPLU-136516245640)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 23, 2017 | Listed by Stribling & Associates Ltd | $1,800,000 | |
Listed by Stribling & Associates Ltd | |||
Aug 9, 2012 | Sold to Natalie Rastin, Sina Rastin | $1,100,000 | |
Sold to Natalie Rastin, Sina Rastin | |||
Nov 21, 2011 | Sold to 52-48 Ff Estates Llc | $1,689,610 | |
Sold to 52-48 Ff Estates Llc |
Property Highlights
Garage
Doorman
Elevator
Interior Details
Room Information
Rooms: 4
Exterior Details
Property Information
Property Condition: Good
PropertySubType: Apartment
Living Area: 1123
Living Area Units: SquareFeet
Building Information
Building Name: FIFTY FRANKLIN
Financial Details
Tax Annual Amount: $9,336
Location Details
Association Fee: $1,430
Pets Allowed: Unit Yes, Building Yes
Other Details
Coexclusive: No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
2
Baths
1,123 ft²
$1,915/ft²
$2,150,000
Sep 14, 2015
-
Feb 5, 2021
$2,794/mo
Condo
2
Beds
2
Baths
1,123 ft²
$1,572/ft²
$1,765,000
Apr 25, 2013
$1,765,000
Oct 19, 2013
$1,828/mo
Condo
2
Beds
2
Baths
1,123 ft²
$1,514/ft²
$1,700,000
Oct 14, 2021
$1,700,000
May 3, 2022
$3,616/mo
Condo
2
Beds
2
Baths
1,033 ft²
$1,718/ft²
$1,775,000
Mar 7, 2014
-
Feb 5, 2021
$1,695/mo
Condo
2
Beds
2
Baths
1,040 ft²
$1,630/ft²
$1,695,000
Jun 8, 2016
-
Feb 5, 2021
$1,965/mo
Condo
2
Beds
2
Baths
1,033 ft²
$1,660/ft²
$1,715,000
Aug 1, 2018
$1,715,000
Oct 19, 2018
$2,458/mo
In Contract
Condo
2
Beds
2
Baths
1,134 ft²
$1,759/ft²
$1,995,000
Jan 13, 2022
-
$3,186/mo
In Contract
Condo
2
Beds
2
Baths
1,137 ft²
$1,847/ft²
$2,100,000
Jan 12, 2022
-
$3,475/mo
Active
Condo
2
Beds
2
Baths
1,180 ft²
$1,653/ft²
$1,950,000
Nov 1, 2022
-
$2,977/mo
In Contract
Condo
2
Beds
2
Baths
1,173 ft²
$1,918/ft²
$2,250,000
Jun 28, 2021
-
$3,070/mo
In Contract
Condo
2
Beds
2
Baths
1,654 ft²
$1,360/ft²
$2,250,000
Apr 18, 2023
-
$2,914/mo
In Contract
Condo
1
Bed
2
Baths
870 ft²
$2,287/ft²
$1,990,000
Dec 2, 2022
-
$2,122/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/08/2023
|
Studio
|
1 Bath
|
604 ft²
|
$925,000
Studio
1 Bath
604 ft²
|
$880,000
-4.86%
10/05/2023
|
Jessica Levine
Douglas Elliman Real Estate
|
||
02/20/2023
|
1 Bed
|
1 Bath
|
604 ft²
|
$900,000
1 Bed
1 Bath
604 ft²
|
$850,000
-5.56%
07/21/2023
|
Carolyn Romberg
Corcoran Group
|
||
01/02/2023
|
2 Bed
|
2 Bath
|
-
|
$1,800,000
2 Bed
2 Bath
|
-
05/01/2023
|
Stefani Berkin
R New York
|
||
12/06/2022
|
2 Bed
|
2 Bath
|
993 ft²
|
$1,595,000
2 Bed
2 Bath
993 ft²
|
$1,400,000
-12.23%
07/21/2023
|
Greg Holzmann
Compass
|
||
05/25/2022
|
1 Bed
|
1 Bath
|
719 ft²
|
$1,100,000
1 Bed
1 Bath
719 ft²
|
$970,000
-11.82%
03/01/2023
|
Maria Velazquez
Compass
|
||
01/24/2022
|
2 Bed
|
2 Bath
|
1024 ft²
|
$1,795,000
2 Bed
2 Bath
1024 ft²
|
$1,650,000
-8.08%
05/09/2022
|
Kristina Paces
Serhant LLC
|
||
01/18/2022
|
1 Bed
|
1 Bath
|
-
|
$1,198,000
1 Bed
1 Bath
|
$1,198,000
03/18/2022
|
-
|
Rachel King
Serhant
|
|
01/11/2022
|
1 Bed
|
1 Bath
|
779 ft²
|
$1,300,000
1 Bed
1 Bath
779 ft²
|
$1,200,000
-7.69%
06/28/2022
|
Nadia Dilendorf
Compass
|
||
10/14/2021
|
2 Bed
|
2 Bath
|
1123 ft²
|
$1,995,000
2 Bed
2 Bath
1123 ft²
|
$1,700,000
-14.79%
05/03/2022
|
Jordan Hurt
Serhant LLC
|
||
06/28/2021
|
1 Bed
|
1 Bath
|
720 ft²
|
$1,195,000
1 Bed
1 Bath
720 ft²
|
$1,075,000
-10.04%
04/27/2022
|
Daniel Bochicchio
Douglas Elliman Real Estate
|
||
06/01/2021
|
1 Bed
|
1 Bath
|
779 ft²
|
$1,179,000
1 Bed
1 Bath
779 ft²
|
$1,100,000
-6.70%
12/23/2021
|
Ella DeSosa Butler
Compass
|
||
02/09/2021
|
1 Bed
|
1 Bath
|
779 ft²
|
$1,225,000
1 Bed
1 Bath
779 ft²
|
$1,125,000
-8.16%
07/19/2021
|
Fredrik Eklund
Douglas Elliman Real Estate
|
||
03/05/2020
|
2 Bed
|
2 Bath
|
-
|
$1,995,000
2 Bed
2 Bath
|
$1,650,000
-17.29%
06/23/2021
|
-
|
Beth Benalloul
The Corcoran Group
|
|
05/06/2019
|
1 Bed
|
1 Bath
|
719 ft²
|
$1,075,000
1 Bed
1 Bath
719 ft²
|
$999,000
-7.07%
09/09/2019
|
Charles Mazalatis
Maz Group NY LLC
|
||
04/29/2019
|
1 Bed
|
1 Bath
|
779 ft²
|
$1,325,000
1 Bed
1 Bath
779 ft²
|
$1,120,000
-15.47%
08/21/2019
|
Nathan Frank
Nest Seekers LLC
|
||
03/18/2019
|
Studio
|
1 Bath
|
604 ft²
|
$899,000
Studio
1 Bath
604 ft²
|
$875,000
-2.67%
06/17/2019
|
Benjamin Dixon
Douglas Elliman Real Estate
|
||
01/09/2019
|
2 Bed
|
2 Bath
|
1040 ft²
|
$1,649,000
2 Bed
2 Bath
1040 ft²
|
$1,590,000
-3.58%
06/21/2019
|
Ariel Greene
Sothebys International Realty
|
||
08/01/2018
|
2 Bed
|
2 Bath
|
1033 ft²
|
$1,750,000
2 Bed
2 Bath
1033 ft²
|
$1,715,000
-2.00%
10/19/2018
|
Mara Flash Blum
Sothebys International Realty
|
||
06/13/2018
|
1 Bed
|
1 Bath
|
761 ft²
|
$1,250,000
1 Bed
1 Bath
761 ft²
|
$1,075,000
-14.00%
10/29/2018
|
Leslie S. Modell
Sothebys International Realty
|
||
04/06/2018
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,795,000
2 Bed
2 Bath
1100 ft²
|
$1,562,500
-12.95%
07/16/2019
|
-
|
Mark Cohen
Douglas Elliman Real Estate
|
|
04/02/2018
|
1 Bed
|
1 Bath
|
779 ft²
|
$1,195,000
1 Bed
1 Bath
779 ft²
|
$1,025,000
-14.23%
12/27/2018
|
Matthew Mackay
Douglas Elliman Real Estate
|
||
03/19/2018
|
Studio
|
1 Bath
|
604 ft²
|
$950,000
Studio
1 Bath
604 ft²
|
$790,000
-16.84%
07/09/2018
|
Brett Caspi
Corcoran Group
|
||
11/01/2017
|
1 Bed
|
1 Bath
|
720 ft²
|
$1,259,000
1 Bed
1 Bath
720 ft²
|
-
-
|
-
|
Jenny Lee
Blu Realty Group
|
|
02/23/2017
|
2 Bed
|
2 Bath
|
1123 ft²
|
$1,800,000
2 Bed
2 Bath
1123 ft²
|
-
-
|
-
|
Jason Lanyard
Elliman
|
|
06/08/2016
|
2 Bed
|
2 Bath
|
1040 ft²
|
$1,749,000
2 Bed
2 Bath
1040 ft²
|
$1,695,000
-3.09%
11/30/2016
|
Nutan Desai
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
04/05/2016
|
2 Bed
|
2 Bath
|
1000 ft²
|
$1,725,000
2 Bed
2 Bath
1000 ft²
|
$1,500,000
-13.04%
08/30/2016
|
- Private -
|
Steven Giles
Compass
|
|
03/07/2016
|
1 Bed
|
1 Bath
|
816 ft²
|
$1,449,000
1 Bed
1 Bath
816 ft²
|
-
10/20/2016
|
Jenna Amicucci
Nest Seekers International
|
||
11/13/2015
|
2 Bed
|
2 Bath
|
1024 ft²
|
$2,195,000
2 Bed
2 Bath
1024 ft²
|
-
-
|
-
|
Elisabeth Spano
Bond New York Properties LLC
|
|
09/14/2015
|
2 Bed
|
2 Bath
|
1123 ft²
|
$2,250,000
2 Bed
2 Bath
1123 ft²
|
$1,950,000
-13.33%
03/21/2016
|
Sean Attebury
CORE Group Marketing LLC
|
||
08/21/2015
|
2 Bed
|
2 Bath
|
-
|
$1,795,000
2 Bed
2 Bath
|
-
-
|
-
|
Ross Evangelista
Berkshire Hathaway HomeServices New York Propertie
|
|
07/28/2015
|
2 Bed
|
2 Bath
|
1040 ft²
|
$1,670,000
2 Bed
2 Bath
1040 ft²
|
$1,670,000
12/17/2015
|
Alexa N.
TOWN Residential, LLC.
|
||
04/04/2015
|
Studio
|
1 Bath
|
604 ft²
|
$850,000
Studio
1 Bath
604 ft²
|
$835,000
-1.76%
07/21/2015
|
NEAL PATEL
Douglas Elliman Real Estate
|
||
01/12/2015
|
1 Bed
|
1 Bath
|
779 ft²
|
$1,150,000
1 Bed
1 Bath
779 ft²
|
$1,087,500
-5.43%
03/23/2015
|
Ada Sabin
Douglas Elliman Real Estate
|
||
09/15/2014
|
2 Bed
|
2 Bath
|
993 ft²
|
$1,499,000
2 Bed
2 Bath
993 ft²
|
$1,470,000
-1.93%
01/13/2015
|
ERIC FLEMING
Corcoran Group
|
||
08/25/2014
|
1 Bed
|
1 Bath
|
779 ft²
|
$1,199,000
1 Bed
1 Bath
779 ft²
|
$1,170,000
-2.42%
02/03/2015
|
Chuck Franklin
Compass
|
||
06/04/2014
|
1 Bed
|
1 Bath
|
719 ft²
|
$1,180,000
1 Bed
1 Bath
719 ft²
|
$1,135,000
-3.81%
10/02/2014
|
Laura Cao
Douglas Elliman Real Estate
|
||
05/13/2014
|
2 Bed
|
2 Bath
|
993 ft²
|
$1,699,000
2 Bed
2 Bath
993 ft²
|
$1,600,000
-5.83%
02/05/2015
|
Dianna Peralta
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
03/07/2014
|
2 Bed
|
2 Bath
|
1033 ft²
|
$1,775,000
2 Bed
2 Bath
1033 ft²
|
$1,775,000
06/02/2014
|
ANDREW FARBER
CORE Group Marketing LLC
|
||
02/24/2014
|
1 Bed
|
1 Bath
|
816 ft²
|
$1,195,000
1 Bed
1 Bath
816 ft²
|
-
08/06/2014
|
Tasha Trice
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
01/22/2014
|
2 Bed
|
2 Bath
|
1000 ft²
|
$1,865,000
2 Bed
2 Bath
1000 ft²
|
$1,750,000
-6.17%
07/24/2014
|
Laura Cao
Douglas Elliman Real Estate
|
||
11/29/2013
|
3 Bed
|
2.5 Bath
|
1654 ft²
|
$2,850,000
3 Bed
2.5 Bath
1654 ft²
|
-
-
|
-
|
Christian Rogers
Compass
|
|
11/10/2013
|
3 Bed
|
2 Bath
|
1654 ft²
|
$2,900,000
3 Bed
2 Bath
1654 ft²
|
$3,025,000
+4.31%
02/14/2014
|
Haruno Arai
Corcoran Group
|
||
10/07/2013
|
1 Bed
|
1 Bath
|
816 ft²
|
$1,050,000
1 Bed
1 Bath
816 ft²
|
$1,100,000
+4.76%
02/10/2014
|
Nicole Krinick
Elliman
|
||
09/21/2013
|
2 Bed
|
2 Bath
|
1366 ft²
|
$1,625,000
2 Bed
2 Bath
1366 ft²
|
-
-
|
-
|
Jason Walker
Prudential Douglas Elliman Real Estate
|
|
05/30/2013
|
2 Bed
|
2 Bath
|
1004 ft²
|
$1,795,000
2 Bed
2 Bath
1004 ft²
|
$2,000,000
+11.42%
08/30/2013
|
Jason Walker
Elliman
|
||
05/23/2013
|
Studio
|
1 Bath
|
-
|
$795,000
Studio
1 Bath
|
$795,000
09/06/2013
|
Pierre Fraiture
R New York
|
||
05/16/2013
|
2 Bed
|
2 Bath
|
1010 ft²
|
$1,725,000
2 Bed
2 Bath
1010 ft²
|
$1,680,000
-2.61%
08/20/2013
|
Ryan Serhant
Nest Seekers International
|
||
04/25/2013
|
2 Bed
|
2 Bath
|
1123 ft²
|
$1,775,000
2 Bed
2 Bath
1123 ft²
|
$1,765,000
-0.56%
11/08/2013
|
Robert Dvorin
TOWN Residential, LLC.
|
||
02/04/2013
|
2 Bed
|
2 Bath
|
-
|
$1,595,000
2 Bed
2 Bath
|
$1,600,000
+0.31%
02/05/2015
|
-
|
Laura Cao
Elliman
|
|
09/20/2012
|
2 Bed
|
2 Bath
|
1123 ft²
|
$1,275,000
2 Bed
2 Bath
1123 ft²
|
-
04/17/2013
|
Jason Walker
Elliman
|
||
09/30/2012
|
2 Bed
|
2 Bath
|
1123 ft²
|
$1,250,000
2 Bed
2 Bath
1123 ft²
|
$1,125,000
-10.00%
02/25/2013
|
Jason Walker
Elliman
|
||
09/26/2012
|
2 Bed
|
2 Bath
|
993 ft²
|
$1,125,000
2 Bed
2 Bath
993 ft²
|
-
09/28/2012
|
Jason Walker
Elliman
|
||
09/20/2012
|
2 Bed
|
2 Bath
|
1123 ft²
|
$1,150,000
2 Bed
2 Bath
1123 ft²
|
-
11/20/2012
|
Jason Walker
Elliman
|
||
09/20/2012
|
2 Bed
|
2 Bath
|
993 ft²
|
$1,075,000
2 Bed
2 Bath
993 ft²
|
-
09/27/2012
|
Jason Walker
Elliman
|
||
06/06/2012
|
2 Bed
|
2 Bath
|
993 ft²
|
$1,050,000
2 Bed
2 Bath
993 ft²
|
-
-
|
-
|
Jason Walker
Prudential Douglas Elliman Real Estate
|
|
11/09/2011
|
2 Bed
|
2.5 Bath
|
1368 ft²
|
$1,725,000
2 Bed
2.5 Bath
1368 ft²
|
$1,650,000
-4.35%
11/13/2012
|
Dennis Cusack
TOWN Residential, LLC.
|
Building Info
Fifty Franklin
50 Franklin Street, New York, NY 10013
- 155 Units
- 1 Unit for Sale