$5,150,000
●
Condo -
Off Market
9 Murray St #4NE4SE
Manhattan, NY 10007
4 Beds
5 Baths
4570 Sqft
$30,247
Estimated Monthly
$2,175
HOA / Fees
1.50%
Cap Rate
About This Property
4SE and 4NE offered at $1127/SF. This is an excellent opportunity
to design and build out your own loft for less than the cost of a
full renovation. The entire 4th floor, which spans approximately
100 feet of frontage, has just been approved for residential use.
There are three separate lofts being offered for sale in white box
format that can be purchased individually or in combination. Each
unit will be delivered with the delineating walls between the
units, some exposed brick vaulted ceilings and exposed brick walls
where possible. The potential to create a new home with authentic
old loft character is a unique and rare opportunity and the all-in
cost is substantially lower compared to neighboring new
developments.
The Franklin Building, 9-15 Murray Street, is an established Prewar Condo Loft building with thirty unique residential homes of varying sizes on floors four to twelve. Most floors have three or four homes per floor ranging from 1750 square feet to just over 3000 square feet.
The current offering for the fourth floor is Apt 4W at 3,163 SF, Apt 4SE at 2,590 SF and Apt 4NE at 1,980 SF. Please note the number of rooms shown on the listing are a possible layout.
This handsome building was built in 1898 and originally designed to facilitate heavy manufacturing. In more recent decades, the upper floors were converted to condo residential homes beginning in the early 2000s. This is a pet friendly building with a common roof deck that boasts sweeping city views including the Freedom Tower and the Hudson River. Floors two and three have commercial tenants with long term leases. The ground floor is leased to the New York Public Library until 2033.
It's perfectly located just a half block to lush City Hall Park with quick access to most downtown subway lines. It's a fifteen minute walk to the Financial District, Hudson River Park and the Seaport and with easy access to Battery Park, South Ferry and the World Trade Center. The Franklin Building is surrounded by multiple luxury new developments such as the Woolworth Tower Residences, 30 Park Place Four Seasons Private Residences, and 19 Park Place designed by Ismael Leyva. The neighborhood is the next frontier in Tribeca.
The Franklin Building, 9-15 Murray Street, is an established Prewar Condo Loft building with thirty unique residential homes of varying sizes on floors four to twelve. Most floors have three or four homes per floor ranging from 1750 square feet to just over 3000 square feet.
The current offering for the fourth floor is Apt 4W at 3,163 SF, Apt 4SE at 2,590 SF and Apt 4NE at 1,980 SF. Please note the number of rooms shown on the listing are a possible layout.
This handsome building was built in 1898 and originally designed to facilitate heavy manufacturing. In more recent decades, the upper floors were converted to condo residential homes beginning in the early 2000s. This is a pet friendly building with a common roof deck that boasts sweeping city views including the Freedom Tower and the Hudson River. Floors two and three have commercial tenants with long term leases. The ground floor is leased to the New York Public Library until 2033.
It's perfectly located just a half block to lush City Hall Park with quick access to most downtown subway lines. It's a fifteen minute walk to the Financial District, Hudson River Park and the Seaport and with easy access to Battery Park, South Ferry and the World Trade Center. The Franklin Building is surrounded by multiple luxury new developments such as the Woolworth Tower Residences, 30 Park Place Four Seasons Private Residences, and 19 Park Place designed by Ismael Leyva. The neighborhood is the next frontier in Tribeca.
Unit Size
4,570Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,127
Property Type
Condo
Property Taxes
$2,784
HOA Dues
$2,175
Year Built
1900
Last updated: 5 months ago ( #PDES-2307748)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 3, 2016 | Listed by Elliman | $5,150,000 | |
Listed by Elliman |
Property Highlights
Elevator
Interior Details
Room Information
Rooms: 8
Exterior Details
Property Information
PropertySubType: Apartment
Living Area: 4570
Living Area Units: SquareFeet
Building Information
Stories (Total): 12
Financial Details
Tax Annual Amount: $33,408
Flip Tax Type: Percent
Location Details
Association Fee: $2,175
Pets Allowed: Unit No, Building No
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
Sold
Condo
4
Beds
4
Baths
3,738 ft²
$1,572/ft²
$5,875,000
Jun 30, 2021
$5,875,000
Jun 7, 2022
$11,884/mo
Condo
4
Beds
3
Baths
3,525 ft²
$1,284/ft²
$4,525,000
May 7, 2015
$4,525,000
Aug 24, 2016
$5,953/mo
Sold
Condo
3
Beds
3
Baths
2,378 ft²
$2,208/ft²
$5,250,000
Mar 1, 2016
$5,250,000
Sep 6, 2016
$3,762/mo
Sold
Condo
3
Beds
4
Baths
3,381 ft²
$1,508/ft²
$5,100,000
Mar 8, 2013
$5,100,000
Apr 10, 2014
$8,902/mo
Sold
Condo
3
Beds
3
Baths
3,000 ft²
$1,550/ft²
$4,650,000
Jan 29, 2023
$4,650,000
Sep 7, 2023
$3,474/mo
Condo
3
Beds
4
Baths
2,786 ft²
$1,791/ft²
$4,990,000
Mar 13, 2018
$4,990,000
May 31, 2018
$3,259/mo
In Contract
Condo
4
Beds
4
Baths
2,487 ft²
$2,318/ft²
$5,765,000
Dec 13, 2021
-
$5,894/mo
Active
Condo
3
Beds
3
Baths
3,225 ft²
$1,473/ft²
$4,750,000
Mar 2, 2023
-
$6,457/mo
Active
Condo
3
Beds
4
Baths
2,332 ft²
$2,358/ft²
$5,500,000
Sep 5, 2023
-
$7,972/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/06/2023
|
3 Bed
|
3 Bath
|
2287 ft²
|
$3,780,000
3 Bed
3 Bath
2287 ft²
|
$3,500,000
-7.41%
03/07/2023
|
Doty Resnick
Corcoran Group
|
||
06/24/2021
|
3 Bed
|
3 Bath
|
2651 ft²
|
$4,150,000
3 Bed
3 Bath
2651 ft²
|
$4,075,000
-1.81%
11/10/2021
|
William Kowalczuk
Serhant LLC
|
||
02/10/2020
|
3 Bed
|
3 Bath
|
2690 ft²
|
$4,495,000
3 Bed
3 Bath
2690 ft²
|
$4,350,000
-3.23%
06/25/2020
|
Eric Brown
Compass
|
||
06/04/2018
|
3 Bed
|
2 Bath
|
2084 ft²
|
$2,995,000
3 Bed
2 Bath
2084 ft²
|
$2,800,000
-6.51%
07/31/2018
|
Chris Poore
Sothebys International Realty
|
||
04/23/2018
|
3 Bed
|
3 Bath
|
2688 ft²
|
$3,998,000
3 Bed
3 Bath
2688 ft²
|
$3,918,000
-2.00%
08/02/2018
|
Jennifer Bonomi
Compass
|
||
04/27/2017
|
3 Bed
|
4 Bath
|
1980 ft²
|
$3,695,000
3 Bed
4 Bath
1980 ft²
|
$2,600,000
-29.63%
11/30/2017
|
Kimberlee Halligan
Compass
|
||
04/25/2016
|
3 Bed
|
3 Bath
|
3047 ft²
|
$3,650,000
3 Bed
3 Bath
3047 ft²
|
$3,400,000
-6.85%
10/31/2016
|
-
|
Mark Kennedy
Elliman
|
|
01/03/2016
|
6 Bed
|
7 Bath
|
5753 ft²
|
$6,900,000
6 Bed
7 Bath
5753 ft²
|
-
-
|
-
|
Mark Kennedy
Elliman
|
|
01/03/2016
|
8 Bed
|
8 Bath
|
7733 ft²
|
$9,100,000
8 Bed
8 Bath
7733 ft²
|
-
-
|
-
|
Mark Kennedy
Elliman
|
|
01/03/2016
|
4 Bed
|
5 Bath
|
4570 ft²
|
$5,150,000
4 Bed
5 Bath
4570 ft²
|
-
-
|
-
|
Mark Kennedy
Elliman
|
|
12/11/2015
|
2 Bed
|
3 Bath
|
2706 ft²
|
$2,950,000
2 Bed
3 Bath
2706 ft²
|
$3,054,750
+3.55%
11/15/2016
|
Mark Kennedy
Elliman
|
||
12/11/2015
|
3 Bed
|
4 Bath
|
3163 ft²
|
$395,000
3 Bed
4 Bath
3163 ft²
|
$3,400,000
+760.76%
10/31/2016
|
Mark Kennedy
Elliman
|
||
12/11/2015
|
3 Bed
|
3.5 Bath
|
1980 ft²
|
$2,200,000
3 Bed
3.5 Bath
1980 ft²
|
$2,138,320
-2.80%
10/27/2016
|
Mark Kennedy
Elliman
|
||
03/26/2015
|
3 Bed
|
2 Bath
|
2652 ft²
|
$4,800,000
3 Bed
2 Bath
2652 ft²
|
-
-
|
-
|
Tamir Shemesh
Prudential Douglas Elliman Real Estate
|