Contact For Estimate
50 Franklin St
New York, NY 10013 (Chinatown)
Off Market · Public Record
Contact For Estimate

50 Franklin St New York, NY 10013

(Chinatown)
  • 1,033 sqft
  • Condo
See 6 photos
  • See the local terrain and how close this home is to parks and main streets.

    View More

  • Take a virtual walk around the neighborhood.

    View More

  • Low crime relative to the rest of New York county.

    View More

  • 36 Elementary Schools

    17 Middle Schools

    12 High Schools

    View More

Property Details for 50 Franklin St


This property is no longer available to rent or buy. This description is from February 25, 2017
Investors! Investors! Prime investment opportunity to purchase apartment + private deeded parking space for 3% cap rate and 8% YOY historical appreciation. Due to the unusual relative affordability of 50 Franklin, which is laden with amenities including oversized gym, lounge, media room, bike room, pet spa, roofdeck, and private guest suite on premises, this property is sought-after by tenants eager to live in Tribeca. The apartment features a desirable 2BR/2Bath 1123sf layout with additional home office that doubles as a nursery or playroom. High 9' ceilings, thick 4 real oak plank flo...ors, and top-of-the-line finishes including Caeserstone kitchen countertops, white lacquered cabinetry, Bosch oven and dishwasher, Subzero refrigerator and wine fridge. Central A/C and Bosch washer/dryer. Storage unit included. Fulltime doorman and live-in super. Asking price INCLUDES private parking space which can be fully financed by all major banks, a $250k value. Apartment rents for minimum $6k/mo and the parking can be rented out at $600-$800/mo. This is a hot commodity for users and investors alike looking to achieve a strong ROI.
Show more

50 Franklin St Public Records


Official property, sales, and tax information from county (public) records as of 12/2016:
    • Condominium (Residential)
    • Stories: 19 story
    • County: New York
    • 1,033 sqft
    • 1 Unit
    • Built In 2009
    • 1 Building
See businesses, amenities, and crimes near this home

Additional Costs For 50 Franklin St


Property Taxes and Assessment of 50 Franklin St


Land
Improvement
Total
$12,136
+
$166,012
=
$178,148
Land
Improvement
Total
$26,969
+
$368,916
=
$395,885
Year Tax Assessment Market
2016 $8,648 $178,148  $395,885 
Source: Public Records

Price History & Trends


Price History for 50 Franklin St


Date Event Price Source Agents
06/04/2014 Sold view detail $1,775,000 Public records Public records  
  • Recording Date
    06/04/2014
  • Contract Date
    06/02/2014
  • Sale Price
    $1,775,000
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed
03/17/2010 Sold view detail $1,131,575 Public records Public records  
  • Recording Date
    03/17/2010
  • Contract Date
    03/02/2010
  • Sale Price
    $1,131,575
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed

Real Estate Trends in this area

Median sale price for all homes in this area $1,438,750 0% below listing price

Sold Homes near 50 Franklin St


Address Distance Property Type Sold price Sold date Bed Bath Sqft
15 William St #17E, New York NY 0.91 Condo $1,850,000 06/29/17 - - 1,300
360 Furman St #444, Brooklyn NY 1.66 Condo $1,480,000 07/03/17 - - 1,216
111 Fulton St #324, New York NY 0.54 Condo $1,707,500 07/10/17 - - 1,738
356 Broadway, New York NY 0.05 Condo $2,400,000 07/10/17 - - 1,752
340 E 23rd St #2D, New York NY 1.82 Condo $1,860,000 07/03/17 - - 1,071
114-116 E 13th St #8A, New York NY 1.30 Condo $2,200,000 06/28/17 - - 1,164
121 E 23rd St #9B, New York NY 1.82 Condo $1,960,000 07/07/17 - - 1,080
360 Furman St #622, Brooklyn NY 1.66 Condo $1,950,000 07/10/17 - - 1,466
1 Irving Pl #P23D, New York NY 1.39 Condo $2,430,000 07/07/17 - - 1,163
86 Congress St #305, Brooklyn NY 1.94 Condo $1,725,000 07/12/17 - - 1,175