Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
5 FRANKLIN Place #9C

For Sale · Listing by Douglas Elliman Real Estate

5 FRANKLIN Place #9C

Tribeca, Manhattan

$2,650,000

Interested in this property?
Active For Sale Condo

$2,650,000

$1,877 per sq ft

5 FRANKLIN Place #9C

Tribeca, Manhattan

Franklin Place

MLS® #RLS20112702

RLS at REBNY

Listing by Douglas Elliman Real Estate

2
Bedrooms
2.5
Baths
1,412
Sq. Ft.
2015
Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,412 sq ft
Year Built 2015
Ownership Condo
HOA/Common Charges $2,659/mo
Property Taxes Contact for details
Parking Garage
Neighborhood Tribeca
Floor 9 of 20

Property Highlights

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

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 2 Full, 1 Half
Floor 9 of 20
Exposure North
Cooling Central Air
Pets Yes
Year Built 2015
Living Area 1,412 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0175-1525
Block/Lot 00175/1525

Listing History

Event Date Price Change
Listed Sep 4, 2026 $2,650,000 -
Currently Sep 4, 2026 $2,650,000 -

Description

Pristine, Expansive and Pin Drop Quiet Two Bedroom, Two and a Half Bathroom Residence in One of Tribeca's Most Discrete and Private Full Service Buildings. Features Include: 2 Bedrooms, 2.5 Bathrooms, 1412 SF Entry Foyer Open Concept Marble Kitchen Oversized Windows Electric Shades Throughout Expansive Primary Bedroom with Two Closets (one a generous walk-in) Guest Bedroom Has Ensuite Bathroom Primary Ensuite Bathroom includes Dual Vanity Generous Closet Space and Storage Throughout In Unit Washer and Vented Dryer Pin Drop Quiet Pristine, Turn-Key Condition Very Responsive Live-In Resident Manager 5 Franklin Place is a Boutique Condominium set down a private cobblestone street. Amenities include full-time doorman and concierge, rooftop terrace and rooftop swimming pool and lounge cabanas, fitness center, playroom, bike storage as well as storage and parking at an additional cost.

Features & Amenities

Interior Features

Storage Building Other In Unit

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Common Playroom Concierge Indoor Pool

Appliances

Dishwasher

Building Information

Building Franklin Place
Building Data View Compliance & Permits
Total Units 53
Stories 20
Structure HighRise

Financial Details

Common Charges $2,659/mo
RE Taxes Contact for details

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

110

Median Asking Price

$4.79M

Median $/Sqft

$2,258

Avg Days on Market

N/A

New This Week

6

Price Reduced

31%

Sold (30 Days)

23

Median Sale Price

$3.82M

Live data from RLS at REBNY • Updated 9/4/26, 3:57 PM EST

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Location

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5 FRANKLIN Place #9C, 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 $2,659 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,412 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $2,650,000 for 1,412 sq ft, the asking price per square foot is approximately $1,877. 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: RLS20112702
First Listed: 9/4/2026
On Market: 9/4/2026
Price Changed: 9/4/2026
Contract Date: 9/4/2026

Listing Courtesy of Douglas Elliman Real Estate - Katherine Middleton

Listing Contact: (917) 900-2675

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 9/4/2026 at 7:57 PM UTC

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Tribeca Market Update

23 sales last 30 days · $4.79M median · 4.8 months supply

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New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Tribeca Borough Manhattan
County New York
Floor 9 of 20
Year Built 2015
First Listed 9/4/2026
Parking Garage
Living Area 1,412 sqft
Common Charges $2,659/mo

Monthly Costs Estimate

Down Payment 20%

$530,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $2,659
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$33,125

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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