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DEEDED SUV PARKING SPOT! Welcome to luxury living at its finest at 5 Franklin Place, a stunning condominium nestled in one of the most intimate private blocks in TriBeca. This spacious home offers unparalleled views, abundance of natural sunlight and a thoughtfully designed layout with ensuite bathrooms in every room. This beautifully designed residence features 3 bedrooms, 3. 5 bathrooms with thoughtfully designed rooms, including a welcoming foyer and a powder room and in-unit washer dryer. Over-sized windows frame panoramic views of the city. The open-concept chef's windowed kitchen is a culinary dream, outfitted with Poggenpohl cabinetry, natural marble countertops, and high-end appliances including a Subzero refrigerator perfect for both entertaining and everyday living. The hardwood floors throughout complement the bright southern and western exposures, bathing the space in natural light. All 3 bedrooms feature en-suite bathrooms and have been upgraded with custom california closets. The 3rd bedroom that can be used as a home office or bedroom has been outfitted with a custom built-in desk, and a murphy bed. Additional custom upgrades include temperature controlled closets and wired fiber optic cables installed behind the walls allowing for a seamless design. Step outside and enjoy your peaceful outdoor living on your two large terraces - one situated off the living room and the other terrace situated off of the primary suite. Custom light controlled lighting installed on both terraces. 5 Franklin Place was designed by ODA Architects with interiors by Andrés Escobar and offers a strong suite of amenities, including a 24-hour concierge and doorman, landscaped roof deck with pool and cabanas, a gym, children’s playroom, bicycle storage, and a live-in superintendent. Private deeded oversized SUV Parking Spot is available for purchase with this unit. One of the few units that can come with an in building SUV parking spot.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
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Our Executive Mortgage Banker:
$4,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,600,000 | $3,600,000 | $3,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,159 | $21,874 | $30,136 |
| Total Monthly Payment | $20,284 | $21,999 | $30,261 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.