9 Murray Street
9 Murray Street, New York, NY 10007
Tribeca
BBL 1001347503 · BIN 1001446
- Year built
- 1900
- Type
- Condominium
Every recorded sale at this building, 2004–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,466
- Listing discount
- 5.5%
- Recorded sales
- 34
- On record
- 2004–2025
The Franklin Building at 9 Murray Street carries one of Tribeca's better conversion stories. Built around 1900 as a manufacturing and warehouse structure — notable in its day for a state-of-the-art electrical switchboard, a detail that gave the building its name — it has been reborn as a boutique prewar loft condominium of 30 homes on its upper floors. The result is a building that delivers genuine loft scale and prewar character in a condominium wrapper, on a quiet mid-block stretch of one of Tribeca's most central streets.
The position is unusually convenient. Murray Street runs just north of City Hall and the Civic Center, a few minutes from the Tribeca restaurant core, the West Side waterfront greenway, and a dense cluster of transit — the 1/2/3 at Chambers Street, the A/C and 4/5/6 nearby, and PATH and the Oculus a short walk south. For buyers who want a true Tribeca loft with easy access to both downtown and the rest of the city, the building's location is a real asset.
As a condominium rather than a co-op, the Franklin offers the ownership flexibility — wider financing latitude, easier subletting, pied-à-terre and investment use — that distinguishes it from much of the surrounding loft stock.
Architecture and unit composition
The building presents a handsome, layered facade: a distinguished three-story rusticated stone base, detailed with canopies, supporting six floors of beige-brick shaft and capped by a cornice beneath the top floor. It is a confident piece of turn-of-the-century commercial architecture, the kind of robust masonry construction that converts so well to loft living.
Spanning more than 100 feet of frontage along Murray Street, the building offers two separate entrances and elevator banks — a practical luxury for a boutique building. The 30 residences occupy the upper floors (roughly five through twelve), with commercial tenants below. The homes run large, averaging well over 2,000 square feet per unit, with the loft hallmarks buyers come to Tribeca for: high ceilings, oversized windows, hardwood floors, and deep, flexible floor plates. A common roof deck crowns the building with broad city views.
Building operations
The Franklin runs as a boutique condominium with superintendent service and the practical infrastructure of a well-managed loft building — the common roof deck chief among its shared amenities, along with the dual elevator banks that keep the building functioning smoothly despite its width. It is a pet-friendly building.
As a condominium, ownership is flexible: financing is not capped the way it is at a co-op, pied-à-terre and investment purchases are customary, and resale and subletting are materially freer than at the surrounding co-op loft stock. Purchases clear through a right-of-first-refusal rather than a board admissions process — a lighter, faster path that the building's buyers value.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $60,174/yr
- Per unit / month range
- $0 – $167
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jan 21, 2025 | 7NE | 3 BR · 2.5 BA · 2,340 sf | $3,700,000 | $1,581/sf | -2.6% |
| Nov 21, 2024 | 12NW | 2 BR · 2 BA · 1,841 sf | $2,822,625 | $1,533/sf | -5.9% |
| Aug 20, 2024 | 10SW | 2 BR · 2.5 BA · 2,140 sf | $2,900,000 | $1,355/sf | -3.2% |
| Mar 7, 2023 | 11NE | 3 BR · 2.5 BA · 2,287 sf | $3,500,000 | $1,530/sf | -7.4% |
| Nov 10, 2021 | 7W | 3 BR · 2.5 BA · 2,651 sf | $4,075,000 | $1,537/sf | -1.8% |
| Jun 25, 2020 | 8SE | 3 BR · 3 BA · 2,690 sf | $4,350,000 | $1,617/sf | -3.2% |
| Apr 9, 2019 | 9NE | 3 BR · 2.5 BA · 2,478 sf | $3,350,000 | $1,352/sf | -8.8% |
| Aug 2, 2018 | 7SE | 3 BR · 2.5 BA · 2,688 sf | $3,918,000 | $1,458/sf | -2.0% |
Market read. Most recent trades (2025) cleared a median $1,466/sf across 1 sale. Median listing discount 5.5% 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 1-00134-7503) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. 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.
What to know if you’re buying
The draw is loft scale plus a condominium structure on a prime Tribeca block — a combination that is consistently scarce. Buyers should evaluate each home individually, since the loft plates vary in light, exposure, and how prior owners configured them. The largest homes carry a premium that reflects the limited supply of comparable loft condominiums downtown.
Because it is a condominium, financing latitude is wide and the closing path is lighter — a right-of-first-refusal rather than a co-op board package and interview. For buyers weighing a Tribeca co-op loft against this building, that flexibility, plus the freedom to sublet or hold as a pied-à-terre, is often decisive.
What to know if you’re selling
The marketing story is the loft and the structure: prewar Tribeca proportions in a condominium, on a central, well-connected block, with a roof deck and the building's distinctive stone-and-brick presence. Sellers should foreground the loft scale and the condominium flexibility — the two attributes that separate a home here from the deeper co-op loft inventory nearby.
Inventory is limited and turnover unhurried, so a well-prepared listing competes against few direct peers. Pricing should be benchmarked against the building's own activity and the small set of comparable Tribeca loft condominiums, with condition and light driving the final number. Condominium closing mechanics make for a faster, more predictable transaction — itself a selling point to the flexibility-minded buyer the building attracts.
Comparable buildings
If you're considering 9 Murray Street, also evaluate these nearby Tribeca loft buildings:
- 25 Murray Street — loft building on the same block
- 111 Murray Street — Tribeca condominium to the west
- 101 Warren Street — full-service Tribeca condominium nearby
- 57 Reade Street — boutique Tribeca loft conversion
- 134 Duane Street — an 1859–60 Italianate store-and-loft cooperative
- 108 Leonard Street — a 1894 Tribeca condominium
Considering a move at The Franklin Building?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Franklin Building 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.