Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
5 Franklin Place #14A
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Active For Sale Condo

$4,500,000

5 Franklin Place #14A

Tribeca, Manhattan

Franklin Place

MLS® #RLS20069252

RLS at REBNY

Listing by Compass

3

Bedrooms

3.5

Baths

N/A

Sq. Ft.

2015

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Year Built 2015
Ownership Condo
HOA/Common Charges $3,900/mo
Property Taxes $51,684/yr
Parking Garage
Neighborhood Tribeca
Floor 14 of 19

Property Highlights

  • Exposure: South,West facing
  • Outdoor Space: Deck, Terrace, Balcony
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 3 Full, 1 Half
Floor 14 of 19
Exposure South,West
Heating Central
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2015
Parking Garage Available
Parking Features Attached, Underground, Garage, On Site, Private, Valet
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 0175-1539
Block/Lot 00175/1539

Listing History

Event Date Price Change
Listed Mar 18, 2026 $4,500,000 -
Price Reduced Mar 18, 2026 $4,750,000 +5.6%

Description

DEEDED SUV PARKING SPOT! Welcome to luxury living at its finest at 5 Franklin Place, a stunning condominium nestled in one of the most intimate private blocks in TriBeca. This spacious home offers unparalleled views, abundance of natural sunlight and a thoughtfully designed layout with ensuite bathrooms in every room. This beautifully designed residence features 3 bedrooms, 3.5 bathrooms with thoughtfully designed rooms, including a welcoming foyer and a powder room and in-unit washer dryer. Over-sized windows frame panoramic views of the city.  The open-concept chef's windowed kitchen is a culinary dream, outfitted with Poggenpohl cabinetry, natural marble countertops, and high-end appliances including a Subzero refrigerator perfect for both entertaining and everyday living. The hardwood floors throughout complement the bright southern and western exposures, bathing the space in natural light.   All 3 bedrooms feature en-suite bathrooms and have been upgraded with custom california closets. The 3rd bedroom that can be used as a home office or bedroom has been outfitted with a custom built-in desk, and a murphy bed. Additional custom upgrades include temperature controlled closets and wired fiber optic cables installed behind the walls allowing for a seamless design.     Step outside and enjoy your peaceful outdoor living on your two large terraces - one situated off the living room and the other terrace situated off of the primary suite.  Custom light controlled lighting installed on both terraces.   5 Franklin Place was designed by ODA Architects with interiors by Andrés Escobar and offers a strong suite of amenities, including a 24-hour concierge and doorman, landscaped roof deck with pool and cabanas, a gym, children’s playroom, bicycle storage, and a live-in superintendent. Private deeded oversized SUV Parking Spot is available for purchase with this unit.  One of the few units that can come with an in building SUV parking spot.  

Features & Amenities

Interior Features

Built In Features Entrance Foyer High Ceilings Soaking Tub In Unit See Remarks Flooring: Hardwood Window Treatments

Exterior Features

Building Barbecue Balcony Building Roof Deck Private Outdoor Space Over60 Sqft Deck Terrace Balcony

Building Amenities

Elevators

Appliances

Dryer Dishwasher Range Refrigerator Washer

Building Information

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

Financial Details

Common Charges $3,900/mo
RE Taxes $51,684/yr ($4,307/mo)
Previous Price $4,750,000

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

168

Median Asking Price

$4.40M

Median $/Sqft

$2,156

Avg Days on Market

N/A

New This Week

12

Price Reduced

24%

Sold (30 Days)

18

Median Sale Price

$3.40M

Live data from RLS at REBNY • Updated 5/5/26, 1:35 AM EST

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Location

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5 Franklin Place #14A, Tribeca, New York County

Virtual Tour

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 $3,900 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $51,684, or roughly $4,307 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.

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.

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: RLS20069252
First Listed: 1/29/2026
On Market: 3/18/2026
Price Changed: 3/18/2026
Contract Date: 1/16/2026

Listing Courtesy of Compass - Andrew Chung

Listing Contact: (917) 548-4255

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 5/5/2026 at 5:35 AM UTC

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