SOLD FOR $2,300,000
Listed at $2,595,000 · Sold 11.4% below asking · Closed January 29, 2016
$2,300,000
$1,292 per sq ft
Listed at $2,595,000 $-295,000 vs asking
5 Franklin Place #5-B
MLS® #RLS10058208
Listing by Compass
2
Bedrooms
2
Baths
1,780
Sq. Ft.
2015
Year Built
Sale Details
Property Summary
Description
Pristine luxury living awaits in this gorgeous 2 bedroom 2 bathroom duplex at Tribeca's most coveted ground-up new construction at 5 Franklin Place. Situated on a quiet cobblestone block between Franklin and White Streets, the 20-story gem's striking exterior was designed by renowned architectural firm ODA, with interiors conceived by the famed Andres Escobar & Associates. World-class modern design combined with exceptional amenities affords an unparalleled experience for the discerning resident. Voluminous loft-like 5B is a stunning example of the chicness and refinement found in every unique home. Soaring living space with double tiers of massive windows is bathed in light and met by a premium open kitchen featuring Poggenpohl cabinetry and a huge Calacatta marble island with seating for entertaining. The chef will also appreciate sleek top-of-the-line appliances such as an integrated Sub-Zero refrigerator and Bosch stove, range, and dishwasher. Complementing the superlative finishes that come with the apartment are thoughtful upgrades made by the current owner. These include all new 100-year-old reclaimed oak wood flooring throughout with new matching handrail on the staircase; designer de Gourney and textured wallpaper; sliding barn doors to the guest bedroom and Venetian plaster on all walls and closets; adding reclaimed wood beams to the living room ceiling; installing motorized blackout and solar shades and curtains; replacing the second floor balcony railing with metal glass; and carpeting the staircase. The home includes AV system / Sonos integration throughout. Among the other highlights are a large airy primary bedroom with an open overlook to the living room and fabulous custom-outfitted walk-in closet; 5-fixture master spa bath with a double-sink vanity, marble clad soaking tub and oversized glass shower; second elegant full bath with hand-laid imported marble; and a vented washer and dryer. Completed in 2015, 5 Franklin Place offers a full-time doorman/concierge, live-in super, onsite parking, landscaped roof deck with heated pool & cabanas, state-of-the-art gym, playroom, private storage, and bicycle storage. The prime Tribeca location is close to Tribeca's finest retail and restaurants as well as convenient public transportation. There is currently a capital assessment starting April 2021 for the next 3 months for $890.16/ month.
Property Details
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Listing courtesy of Clayton Orrigo at Compass. 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. This 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.