$3,950,000
●
Condo -
Off Market
9 Murray St #4W
Manhattan, NY 10007
3 Beds
4 Baths
3163 Sqft
$23,172
Estimated Monthly
$1,509
HOA / Fees
2.39%
Cap Rate
About This Property
This is an excellent opportunity to design and build your own loft
for less than the cost of a full renovation. This 3000 plus
SF home will be delivered in white box format as a
functioning large open studio with a kitchen, one bath and a
TCO.
The expansive space offers 12 foot exposed brick vaulted ceilings, substantial loft columns and tall windows with north and south exposure. 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 partial build out is near completion. New photos are coming soon.
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.
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 expansive space offers 12 foot exposed brick vaulted ceilings, substantial loft columns and tall windows with north and south exposure. 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 partial build out is near completion. New photos are coming soon.
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.
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
3,163Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,249
Property Type
Condo
Property Taxes
$2,267
HOA Dues
$1,509
Year Built
1900
Last updated: 5 months ago ( #PDES-2295755)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 31, 2016 | Sold to Prakash Sethuraman | $3,400,000 | |
Sold to Prakash Sethuraman | |||
Dec 11, 2015 | Listed by Elliman | $395,000 | |
Listed by Elliman |
Property Highlights
Elevator
Interior Details
Room Information
Rooms: 7
Exterior Details
Property Information
PropertySubType: Apartment
Living Area: 3163
Living Area Units: SquareFeet
Building Information
Stories (Total): 12
Financial Details
Tax Annual Amount: $27,204
Flip Tax Type: Percent
Location Details
Association Fee: $1,509
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
Condo
3
Beds
3
Baths
3,047 ft²
$1,116/ft²
$3,400,000
Apr 25, 2016
$3,400,000
Oct 31, 2016
$3,569/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
Sold
Condo
3
Beds
3
Baths
2,688 ft²
$1,458/ft²
$3,918,000
Apr 23, 2018
$3,918,000
Aug 2, 2018
$3,030/mo
Sold
Condo
3
Beds
3
Baths
2,651 ft²
$1,537/ft²
$4,075,000
Jun 24, 2021
$4,075,000
Nov 11, 2021
$3,819/mo
Sold
Condo
3
Beds
3
Baths
2,690 ft²
$1,671/ft²
$4,495,000
Feb 10, 2020
$4,495,000
Jun 26, 2020
$4,302/mo
Sold
Condo
3
Beds
3
Baths
2,378 ft²
$1,672/ft²
$3,975,000
Oct 14, 2013
$3,975,000
Jul 7, 2014
$2,902/mo
Active
Condo
3
Beds
3
Baths
2,500 ft²
$1,580/ft²
$3,950,000
Feb 16, 2023
-
$3,623/mo
Active
Condo
3
Beds
4
Baths
2,115 ft²
$1,868/ft²
$3,950,000
Jan 23, 2023
-
$6,739/mo
Active
Condo
3
Beds
3
Baths
1,800 ft²
$2,194/ft²
$3,950,000
Nov 21, 2022
-
$9,081/mo
Active
Condo
3
Beds
2
Baths
2,010 ft²
$1,639/ft²
$3,295,000
Apr 12, 2023
-
$2,817/mo
In Contract
Condo
3
Beds
3
Baths
1,808 ft²
$2,306/ft²
$4,170,000
Apr 4, 2019
-
$6,089/mo
In Contract
Condo
2
Beds
2
Baths
1,824 ft²
$1,878/ft²
$3,425,000
Jun 22, 2017
-
$4,978/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
|