- Year built
- 2015
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Pets
- Pets permitted; species and limits not stated
- Doorman
- Full-time doorman
Every recorded sale at this building, 2015–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,684
- floor-adjusted, 2 sales
- Listing discount
- 2.2%
- Recorded sales
- 92
- On record
- 2015–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Franklin Place 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.
Franklin Place is one of the more architecturally ambitious new condominiums in Tribeca — a 19-story building completed in 2015, designed by Eran Chen of ODA Architects and developed by the El Ad Group, set on a quiet cobblestone street between White and Franklin. The site has Tribeca history: the building rose on the footprint formerly occupied by the Art Institute of New York, and its design responds directly to the neighborhood's industrial past, with a handmade basketweave-brick façade and dark-metal detailing that reinterpret Tribeca's cast-iron craftsmanship at the scale of its pre-war neighbors.
For buyers, Franklin Place offers what the neighborhood's converted lofts often cannot: architect-driven new construction, with the ceiling heights, light, systems, and amenities of a ground-up building, in condominium form, on one of Tribeca's most atmospheric cobblestone streets. It is contemporary design that still feels of its neighborhood — a balance that is harder to strike than it sounds.
Architecture and unit composition
The building's façade is its signature — handmade basketweave brick with curved detailing and dark architectural metal, designed by ODA to echo the texture and craftsmanship of Tribeca's cast-iron loft buildings while remaining unmistakably contemporary. The 19-story massing relates in scale to its pre-war neighbors, and its position on a cobblestone street reinforces the neighborhood feel.
The 53 residences range from one-bedroom lofts to five-bedroom, double-height duplexes, with the homes drawing exceptional window height and depth and open views from the building's stature. Interiors carry the high-specification finish of quality new development, and the larger duplex and penthouse layouts are the building's showpieces. As architect-led new construction, the building delivers contemporary ceiling heights, modern systems, and a full amenity package built in from the start, including a rooftop deck with a pool.
Building operations
Franklin Place runs as a full-service condominium with concierge and superintendent coverage, a fitness center, a rooftop deck with a pool, additional residents' amenities, and private storage. As a condominium, there is no co-op board admission; purchases run through the condominium's application and right-of-first-refusal process. Confirm financing, leasing and ownership-entity rules in the current declaration, bylaws and house rules. The building is pet-friendly.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: The Roebling Team's building profile
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Own an apartment here? Request an apartment-specific pricing review.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $1,185 per room a monthMedian of 9 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $3.57 per square foot a monthMedian of 9 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.74 per square foot a monthMedian of 7 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.83 per square foot a monthMedian of 7 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: recent listing records
- Concierge
- YesSource: recent listing records
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, storageSource: The Roebling Team's building profile
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
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $32,160/yr
- Per unit / month range
- $0 – $53
- Modeled exposure split equally across 51 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Recent closings 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 |
|---|---|---|---|---|---|
| Jul 8, 2026 | 2C | 1 BA · 720 sf | $1,180,000 | $1,639/sf | +2.6% |
| Apr 9, 2026 | 3A | 3 BR · 3.5 BA · 1,967 sf | $2,900,000 | $1,474/sf | -3.3% |
| Aug 12, 2025 | 15B | 710 sf | $1,585,000 | $2,232/sf | — |
| May 29, 2025 | 9A | 3 BR · 3.5 BA · 1,724 sf | $2,872,500 | $1,666/sf | -11.6% |
| May 29, 2025 | 9D | 2 BR · 3 BA · 1,750 sf | $2,995,000 | $1,711/sf | +0.0% |
| Apr 28, 2025 | 2A | 3 BR · 3 BA · 1,793 sf | $3,645,000 | $2,033/sf | — |
| Nov 26, 2024 | 8A1 | 3 BR · 3.5 BA · 1,967 sf | $2,900,000 | $1,474/sf | -6.5% |
| Sep 11, 2024 | 9C | 2 BR · 2.5 BA · 1,412 sf | $2,400,000 | $1,700/sf | -5.9% |
Market read. Most recent trades (2026 to date) cleared a median $1,684/sf (floor-adjusted) across 2 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 2.2% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
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 1-00175-7506; each condominium apartment is its own tax lot). 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 from recorded condo declarations and offering plans.
Closed rents at Franklin Place, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 3 | $9,000 |
5 closed leases, October 2023 to September 2026. Most recent lease August 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at Franklin Place and nearby.
At the recent median sale of $2.9M (8 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $117,159 to close, or 4.0% of the price.
- Mansion tax: $36,250
- Mortgage recording tax: $41,869
- Title insurance: $13,050
- Attorneys, lender, building fees, reserves and filings: $25,990
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with Franklin Place and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like Franklin Place. Unsubscribe anytime.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
What to know if you’re buying
This is architect-driven new construction on one of Tribeca's most atmospheric streets. There is no co-op board admission — purchases run through the condominium's application and right-of-first-refusal process; confirm financing, leasing and ownership-entity rules in the declaration, bylaws and house rules. The design and the cobblestone-street setting are the assets — an ODA building that converses with Tribeca's industrial heritage is distinctive, and that supports resale. The range of layouts is unusually wide, from one-bedroom lofts to double-height duplexes; evaluate each on scale, floor, and light. Because some homes trade off-market, working with a broker who knows the building's inventory matters. We help buyers read the offering plan, the common-charge structure, and the comparison set across the Tribeca condominium market.
What to know if you’re selling
Lead with the architecture and the street. An ODA-designed condominium on a Tribeca cobblestone street, with a handmade basketweave-brick façade and double-height layouts, is a distinctive offering that stands apart from generic new construction. Benchmark to the architect-led Tribeca condominium set, and present the home to showcase its ceiling height, light, and finish. The condominium structure is itself a selling point — a wider buyer pool, including pied-à-terre and investment purchasers. Given Tribeca's discreet, often off-market dynamics, the right marketing strategy is essential; we manage that with the comparison set in hand.
Comparable buildings
If you're considering Franklin Place, also evaluate nearby Tribeca condominium inventory:
- 108 Leonard Street — landmark Tribeca conversion nearby
- 56 Leonard Street — architect-designed Tribeca tower
- 91 Leonard Street — Toll Brothers City Living's 111-unit SOM-designed Tribeca condominium
- 145 Hudson Street — Tribeca loft conversion
- 155 Franklin Street — boutique Tribeca loft building
- 101 Warren Street — the Skidmore, Owings & Merrill-designed Tribeca condominium
More Tribeca buildings
- 356 Broadway — 1915 condominium
- 363 Greenwich Street (The Mondo) — 1866 condominium
- 364 Broadway — 1909 co-op
- 372 Broadway (Six Cortlandt Alley) — 1852 condominium
- 374 Broadway (Mandarin Plaza) — 1988 condominium
- The Fischer Mills Building, 387 Greenwich Street — condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Tribeca — read The Roebling Team Guide to Tribeca.
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 Franklin Place?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com