Building: 5 Franklin Place in Tribeca

5 Franklin Place in Tribeca
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The Building: Loft Residences, City Residences, Sky Penthouses Residents of Five Franklin Place will enter the building on Franklin Place, a narrow, cobbled north-south lane once known as Sugar Loaf Alley, the heart of New York City’s 19th century sugar trade. Newly restored with period lighting, cleaned and re-pointed pavers, and lush vertical plantings, this historic passageway will offer an atmosphere evocative of Old New York and Tribeca’s great past. Beyond a pair of silent, electronically controlled sliding doors and a climate controlled vestibule, the lobby of Five Franklin Place – overseen by a 24-hour doorman and an attendant offering valet parking service – will unfold as a distinctly sculptural but serene, softly lit environment of curving white lacquer fixtures, including built-in leather seating areas and a sparkling violet glass-chip floor. A sweeping curved stairwell will lead from the lobby to a sub-grade level private spa and fitness center. Custom designed by UNStudio and engineered by B&B Italia, this area offers residents a daylight flooded double-height weight room, a wet spa with mosaic tiled steam pavilion and sauna, and a mirrored multi-purpose room for yoga, pilates and stretching, all with towel and water service.

The 55 homes within Five Franklin Place will range in size from approximately 1,200 square feet to approximately 3,400 square feet, and will include one-, two-, three- and four-bedroom apartments configured as duplex lofts or single-level homes, as well as three soaring duplex penthouses with interior elevators and rooftop terraces. Prices for the properties at Five Franklin Place will range from $2 million to $16 million.

Architect:

Ben van Berkel, UN Studio

Developer:

Sleepy Hudson

Interiors:

B&B Italia

Sales and marketing:

Corcoran Sunshine Marketing

Sales office addr:

7 Harrison Street

Sales office tel:

212 941 0005

Sales start:

April 2008

Website:

Five Franklin Place

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Market Data

17 active sales listings:$2,501 per ft² (avg)
9 previous sales listings:$1,970 per ft² (avg)

Location

5 Franklin Place, New York, NY 10013

Sales listings for this building

SAVE RSS Active Listings (17)

$16,000,000
5 Franklin Place #PHA   4 beds   3,404 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$12,900,000
5 Franklin Place #PHB   4 beds   3,363 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$8,250,000
5 Franklin Place #17A   4 beds   3,211 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$7,295,000
5 Franklin Place #16A   3 beds   2,856 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$6,750,000
5 Franklin Place #18B   3 beds   2,686 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$4,975,000
5 Franklin Place #16E   3 beds   2,091 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$4,825,000
5 Franklin Place #4B   2 beds   3,033 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$4,095,000
5 Franklin Place #6A   2 beds   2,514 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$3,975,000
5 Franklin Place #10B   3 beds   1,922 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$3,975,000
5 Franklin Place #14D   2 beds   1,760 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$3,195,000
5 Franklin Place #10D   2 beds   1,435 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$2,895,000
5 Franklin Place #4E   2 beds   1,969 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$2,750,000
5 Franklin Place #12A   1 bed   1,375 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$2,595,000
5 Franklin Place #8D   2 beds   1,465 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$2,395,000
5 Franklin Place #12E   1 bed   1,291 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$2,195,000
5 Franklin Place #16D   1 bed   1,122 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
$959,000
5 Franklin Place #10C   486 ft²
Open House: Sun, Oct 12 (12:00 - 2:00)
 

SAVE RSS Listings in Contract (0)

None

Rentals listings for this building

SAVE RSS Active Listings (0)

None
 

SAVE RSS Listings in Contract (0)

None

Activity for this building

  Recorded Sales ? Previous Listings ?
09/22/2008 #9A -     $2,095,000 1 bed 2 baths 1,212 ft²
09/14/2008 #10E -     $2,295,000 1 bed 2 baths 1,314 ft²
09/05/2008 #17B -     $6,250,000 3 beds 3 baths 2,699 ft²
08/27/2008 #14E -     $2,295,000 1 bed 1 baths 1,286 ft²
06/16/2008 #11C -     $969,000 studio 1 baths 486 ft²
06/16/2008 #12B -     $4,250,000 3 beds 3 baths 1,922 ft²
05/07/2008 #12C -     $979,000 studio 1 baths 486 ft²
05/07/2008   -     $3,695,000 2 beds 2.5 baths 2,514 ft²
05/01/2008 #12D -     $3,395,000 2 beds 2 baths 1,391 ft²