Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,047,000

Listed at $4,000,000 · Sold 1.2% above asking · Closed July 12, 2018

150 Franklin Street #5
Closed For Sale Co-op

$4,000,000

$1,250 per sq ft

150 Franklin Street #5

TRIBECA, Manhattan

MLS® #RLS10040962

RLS at REBNY

Listing by Elliman

4

Bedrooms

2

Baths

3,200

Sq. Ft.

1915

Year Built

Quick Summary

Bedrooms 4
Bathrooms 2
Living Area 3,200 sq ft
Year Built 1915
Ownership Co-op
Maintenance $2,000/mo
Neighborhood TRIBECA
Floor 5 of 7

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1915)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths null Full
Floor 5 of 7
Cross Street Varick/Hudson Sts
Year Built 1915
Living Area 3,200 sq ft
Architectural Style Prewar
Parcel # 0189-0007-00150-000-0000005

Listing History

Event Date Price Change
Listed Feb 23, 2018 $4,000,000 -
Currently May 15, 2026 $4,000,000 -

Description

Sun flooded full floor three bedroom loft with two full baths, separate home office and over 40 feet of southern exposure. Enter off of your key-locked elevator and take in this massive space with original timber columns, exposed brick, beautiful oak floors and enormous open kitchen. The three large bedrooms are each generous in size and offer exceptional storage. The master easily accommodates a king-size bed, has a large walk-in closet and ensuite bath. The home office is large enough to accommodate two desks or can be used as a fourth bedroom. Storage throughout this massive space is plentiful. 150 Franklin is a self-managed building with no underlying mortgage, exceptionally low maintenance and is perfectly located on one of the best blocks in all of New York City. Mr. Chow, Locanda Verde, Bubby's, Odeon and some of the best restaurants in the world are located within minutes of your front door. The 1, 2, 3, A, C, E, N, R, W, Q and 6 are easily reached making for a simple commute anywhere in the city. This is the opportunity you've been waiting for.

Building Information

Building Data View Compliance & Permits
Total Units 7
Stories 7
Style Prewar

Financial Details

Maintenance $2,000/mo
Sale Price $4,047,000

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

156

Median Asking Price

$4.50M

Median $/Sqft

$2,257

Avg Days on Market

N/A

New This Week

8

Price Reduced

27%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/15/26, 12:14 PM EST

Recently Sold in TRIBECA

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Location

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150 Franklin Street #5, TRIBECA, New York County • Near Varick/Hudson Sts

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1883
Year Built
143 years old
7
Floors
9
Residential Units
C6-2A
Zoning District
Elevator Apartments Historic District: Tribeca West Historic District

Tax & Assessment

Assessed Value: $6,738,300
Land Value: $1,395,000
Exemptions: $4,580

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

Lot Area: 3,523 SF
Building Area: 24,000 SF
Built FAR: 6.81
Allowed FAR: 6.02

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 monthly maintenance are $2,000 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 4 bedrooms and 2 full bathrooms.

The listed interior living area is 3,200 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1915, making it approximately 111 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

At the current list price of $4,000,000 for 3,200 sq ft, the asking price per square foot is approximately $1,250. 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: RLS10040962
First Listed: 2/23/2018
Closed: 7/12/2018
Contract Date: 2/20/2018

Listing Courtesy of Elliman - Josh Rubin

Listing Contact: (917) 727-6321

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 5/15/2026 at 4:14 PM UTC

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