- Year built
- 1910
- Type
- Cooperative
- Amenities
- Keyed elevator, video intercom
- Landmark status
- Not an individual landmark; in the Tribeca West Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Maximum financing
- 80% of the purchase price
Every recorded sale at this building, 2004–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2025
- $1,358
- 1 sale
- Listing discount
- -0.3%
- Recorded sales
- 6
- On record
- 2004–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 178 Franklin Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
About the building
Louis Charles Maurer designed this six-story store-and-loft building for the 178–180 Franklin Street Company in 1910. Its 33-foot-wide masonry frontage conceals a structure with iron columns and steel girders. The building later became part of Tribeca's arts history: Just Above Midtown operated here from 1980 to 1984, presenting exhibitions, performances, film screenings and workshops. Today it contains five cooperative residences within the Tribeca West Historic District.
Full-floor lofts share the building with a large triplex at the base. The triplex combines separate street access with an interior atrium courtyard; upper homes have broad living areas, exposed brick and visible structural elements. Keyed elevator access serves the apartments. A DOB alteration signed off in January 2020 changed the first floor to residential use and the cellar to accessory residential recreation space.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2025. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
4 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Fee | Paid by Buyer | When With the application | Amount $650 | Refundable Non-refundable |
| Credit Check FeePer applicantRequired | Paid by Buyer | When With the application | Amount $150 per adult applicant/occupant. International credit checks may cost more. Please contact the Property Management for information in the name or price of the fee. | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Deposit | Paid by Buyer | When With the application | Amount $1,000 | Refundable Refundable |
| Move Out Deposit | Paid by Seller | When With the application | Amount $1,000 | Refundable Refundable |
Sublet
5 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeIncludes one free credit check | Paid by Subtenant | When With the application | Amount $600 | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Subtenant | When With the application | Amount $20 per additional applicant after applicant one (1) and any adult occupant. International credit checks may cost more. Please contact the Property Management for information. | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Deposit | Paid by Shareholder | When With the application | Amount $1,000 | Refundable Refundable |
| Move In Deposit | Paid by Subtenant | When With the application | Amount $1,000 | Refundable Refundable |
Sublet renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Fee | Paid by Subtenant | When With the application | Amount $300 | Refundable Non-refundable |
Refinance
1 item
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $450 | Refundable Non-refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 80% of the purchase priceSource: building management's published schedule, as of October 2025
Building staffing and amenities
- Virtual or video entry
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Apr 10, 2025 | 4 | 2 BR · 2 BA · 2,761 sf | $3,750,000 | $1,358/sf | -6.3% |
| Jun 11, 2019 | 12 | 3 BR · 3.5 BA · 5,500 sf | $7,500,000 | $1,364/sf | +0.0% |
| Oct 1, 2018 | 5 | 2 BR · 2,200 sf | $3,520,000 | $1,600/sf | +5.1% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,358/sf (recorded) across 1 sale. The building has traded as recently as 2026. Median listing discount -0.3% over ask.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00187-0002). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 178 Franklin Street and nearby.
Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
The lower space has a specific legal use. The triplex's cellar is accessory recreation space under the completed alteration. Its area should be separated from above-grade residential space when evaluating the floor plan, and the former street-level commercial studio should not be assumed to retain a commercial entitlement.
Comparable buildings
- 1 Worth Street — a small cooperative in a McKim, Mead & White warehouse.
- 399 Washington Street — a four-apartment cooperative converted from a William Graul stable.
- 9 White Street — an Italianate store-and-loft cooperative with a smaller ownership group.
More Tribeca buildings
- 169 Hudson Street — 1893 condominium by James E. Ware
- 174 Duane Street — 1871 condominium
- 176 Duane Street — 1868 condominium
- 195 Hudson Street — 1929 condominium
- 200 Chambers Street — condominium by Costas Kondylis & Partners
- 220 West Broadway — 1882 condop
The neighborhood
For the full corridor — architecture, transit, and pricing across Tribeca — read The Roebling Team Guide to Tribeca.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 178 Franklin Street?
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646.939.7375 · c.cohen@compass.com