Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,995,000

· Closed May 29, 2025

5 Franklin Place #9D
Closed For Sale Condo

$2,995,000

$1,711 per sq ft

5 Franklin Place #9D

TriBeCa, Manhattan

MLS® #RLS20014887

RLS at REBNY

Listing by Compass

2

Bedrooms

3

Baths

1,750

Sq. Ft.

2015

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3
Living Area 1,750 sq ft
Year Built 2015
Ownership Condo
HOA/Common Charges $2,838/mo
Property Taxes $36,312/yr
Parking Garage
Neighborhood TriBeCa
Floor 9 of 19

Property Highlights

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

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 3 Full
Floor 9 of 19
Exposure North
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2015
Living Area 1,750 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise,MixedUse
Flooring Hardwood
Furnished Unfurnished
Parcel # 0175-1526
Block/Lot 00175/1526

Listing History

Event Date Price Change
Listed Apr 8, 2025 $2,995,000 -
Currently May 7, 2026 $2,995,000 -

Description

This two-bedroom plus den/media room and three full bathroom residence is a haven in one of Tribeca’s premier full-service luxury buildings. The east-facing layout bathes the home in natural light, while soaring 9.5' ceilings and custom 5-inch wood flooring enhance the elegance and warmth of the space. The open-concept kitchen features Poggenpohl cabinetry, marble countertops, and top-of-the-line appliances, including a Subzero refrigerator and Bosch stove, range, and dishwasher and wine cooler. Flowing seamlessly into the expansive great room, this space is ideal for entertaining. The primary suite is a five-star retreat, complete with an oversized walk-in closet, a custom built-in vanity, and a spa-like en-suite bathroom with radiant heated floors, dual sinks, and a separate tub and shower. Additional features include a vented washer/dryer and Lutron electronic shades throughout. Situated on a serene cobblestone block just north of Franklin Street, 5 Franklin Place offers unparalleled access to Tribeca’s finest shopping, dining, entertainment, and transportation options. Designed by the renowned ODA with interiors by Andres Escobar & Associates, this 19-story, 51-unit architectural masterpiece was completed in 2015. Residents enjoy white-glove service with a full-time concierge, doorman, live-in superintendent, bike storage, and private unit storage. Amenities include a landscaped roof deck with a heated pool and cabanas, a state-of-the-art fitness center, and a playroom.

Features & Amenities

Interior Features

Eat In Kitchen Kitchen Island In Unit See Remarks Flooring: Hardwood

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Elevators

Appliances

Wine Cooler

Building Information

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

Financial Details

Common Charges $2,838/mo
RE Taxes $36,312/yr ($3,026/mo)
Sale Price $2,995,000

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, 9:56 AM EST

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Location

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5 Franklin Place #9D, TriBeCa, New York County

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 $2,838 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $36,312, or roughly $3,026 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 3 full bathrooms.

The listed interior living area is 1,750 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 $2,995,000 for 1,750 sq ft, the asking price per square foot is approximately $1,711. 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: RLS20014887
First Listed: 4/7/2025
On Market: 4/8/2025
Price Changed: 4/7/2025
Closed: 5/29/2025
Contract Date: 3/20/2025

Listing Courtesy of Compass - Stephen Ferrara

Listing Contact: (646) 761-7038

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 1:56 PM UTC

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