Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,285,000

· Closed April 25, 2024

5 Franklin Place #10B
Closed For Sale Condo

$1,285,000

$1,700 per sq ft

5 Franklin Place #10B

TriBeCa, Manhattan

MLS® #RLS10974832

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

756

Sq. Ft.

2015

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 756 sq ft
Year Built 2015
Ownership Condo
HOA/Common Charges $1,194/mo
Property Taxes $16,200/yr
Parking Garage
Neighborhood TriBeCa
Floor 10 of 19

Property Highlights

  • Exposure: North facing
  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 10 of 19
Exposure North
Heating Central
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2015
Living Area 756 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 0175-1528
Block/Lot 00175/1528

Listing History

Event Date Price Change
Listed Oct 17, 2023 $1,475,000 -
Price Reduced Jun 13, 2024 $1,385,000 -6.1%
Currently May 7, 2026 $1,285,000 -7.2%

Description

Update: Signed Contract On a private cobblestone street in the heart of Tribeca, you'll find the perfect blend of elegance and modernity. Impeccable design and well executed features define this remarkable home. Tall ceilings and 5-inch wide oak flooring throughout the home provides a touch of warmth and sophistication to the living space. The chef-worthy kitchen offers excellent counter space and boasts beautiful Poggenpohl cabinetry, an integrated Subzero refrigerator, a wine cooler and a Bosch cook-top range, wall oven and dishwasher. A luxurious bathroom is highlighted by hand-laid imported marble and Waterworks fixtures, creating a spa-like ambiance. Additionally, all closets have been thoughtfully built out with custom designs to maximize storage space. Designed by renowned ODA architects and built in 2015, 5 Franklin Place offers exceptional amenities. Curated for privacy and elegance this intimate boutique property is secured by a 24-hour doorman and a private street entrance. The outdoor rooftop pool with cabanas provides the perfect oasis for relaxation. Enjoy stunning views of the city from the landscaped rooftop terrace, complete with outdoor seating and cooking grills. Stay in shape at the state-of-the-art fitness center or spend quality time with your little ones at the designer children's playroom. Situated in the vibrant neighborhood of Tribeca, this home offers a prime location with an abundance of nearby attractions. The cobblestone streets and iconic buildings in the neighborhood add a touch of charm to the area, while the proximity to Soho and Tribeca's hottest restaurants ensures endless dining options....with some of the best kept secrets for restaurants, wine bars and cafes. With subways to both the east and west side just a few blocks away, commuting around the city is effortless.

Features & Amenities

Interior Features

High Ceilings In Unit See Remarks Flooring: Hardwood Double Pane Windows

Appliances

Washer

Building Information

Building Data View Compliance & Permits
Total Units 51
Stories 19
Structure HighRise

Financial Details

Common Charges $1,194/mo
RE Taxes $16,200/yr ($1,350/mo)
Original Price $1,475,000
Sale Price $1,285,000
Previous Price $1,385,000

Tribeca (the Triangle Below Canal) is synonymous with ultra-luxury and understated elegance. Once an industrial district, it is now home to some of the city's most expensive and sought-after real estate. The neighborhood is defined by its massive cast-iron loft buildings, cobblestone streets, and nearby public schools. Residents enjoy a discreet lifestyle in expansive lofts or in world-class new developments designed by 'starchitects' along the Hudson River waterfront.

TriBeCa Live Market Data

View Neighborhood

Active Listings

13

Median Asking Price

$7.50M

Median $/Sqft

$2,158

Avg Days on Market

N/A

New This Week

1

Price Reduced

54%

Sold (30 Days)

3

Median Sale Price

$12.00M

Live data from RLS at REBNY • Updated 5/7/26, 5:01 PM EST

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Location

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5 Franklin Place #10B, TriBeCa, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
19
Floors
51
Residential Units
C6-4A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $22,320,902
Land Value: $628,202
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 7,511 SF
Building Area: 83,596 SF
Built FAR: 11.13
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,194 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $16,200, or roughly $1,350 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 756 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2015, making it approximately 11 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,285,000 for 756 sq ft, the asking price per square foot is approximately $1,700. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10974832
First Listed: 10/26/2023
On Market: 10/17/2023
Price Changed: 6/13/2024
Closed: 4/25/2024
Contract Date: 10/6/2023

Listing Courtesy of Compass - John Carapella

Listing Contact: (917) 716-1389

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/7/2026 at 9:01 PM UTC

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