140 Franklin St Unit PHC New York, NY 10013
Tribeca Neighborhood
3
Beds
4.5
Baths
4,100
Sq Ft
$5,561/mo
HOA Fee
Highlights
- City View
- 1-minute walk to Franklin Street
- Terrace
- P.S. 234 Independence School Rated A
- 1 Fireplace
- 2-minute walk to Tribeca Park
About This Home
As of March 2025Sun-kissed luxury penthouse living awaits in this sprawling three-bedroom, four-and-a-half-bathroom duplex loft featuring exquisite industrial-meets-modern interiors and a massive rooftop terrace atop a full-service boutique condominium in the heart of Tribeca.
Spanning more than 4,100 square feet across the top two floors of the building, this impressively renovated showplace delivers an exceptionally private backdrop for fine living and lavish entertaining. Interior designer Robert Stilin deployed a thoughtful aesthetic that marries the home's boundless natural light with pale, wide-plank hardwood floors and original architectural details like cast-iron columns, beams and a staircase. Every corner of the duplex is flooded with natural light thanks to over a dozen oversized windows and multiple skylights.
A gracious entry flanked by closets and a powder room ushers you into the glorious great room where a massive skylight, wide-open city views and a wood-burning fireplace add welcoming warmth and visual interest. The world-class open kitchen is a masterwork of custom waxed oak and wired glass cabinetry by RJ Millwork, French custom stone countertops and glistening subway tile backsplashes. The massive center island/breakfast bar welcomes casual dining under a row of pendants, while the fleet of upscale appliances includes a vented six-burner Wolf range with double ovens, a 48-inch Sub-Zero refrigerator, three dishwashers, a 150-bottle wine refrigerator, Viking microwave and a Miele coffee system.
The loft's luxurious accommodations begin with an expansive owner's retreat featuring a skylight, a walk-in closet and a windowed en suite bathroom with a rain shower, double vanity and towel warmer. Two skylit secondary suites connected by a pocket door boast large closets, built-ins and attached full bathrooms. Head to the upper level to discover a sun-splashed den, home office, full bath and media room, making the space equally ideal as a fourth bedroom suite or a fantastic lounge for seamless indoor-outdoor entertaining. The loft's crowning glory is the magnificent 1,650-square-foot rooftop terrace featuring spacious seating and dining areas, a well-equipped summer kitchen, manicured landscaping and handsome decking and pavers. Tall privacy walls make this al fresco sanctuary both completely open and incredibly private. Central HVAC, integrated speakers and smart home controls for lighting, shades and sound add comfort and convenience to this one-of-a-kind Tribeca penthouse.
140 Franklin Street is a stunning Romanesque Revival store and factory building designed by prolific commercial architect Albert Wagner in 1887. Inspired by Wagner's own Puck Building design, the brick, brownstone and terra cotta structure initially included an impressive clocktower that rose several stories above the corner of Franklin and Varick. Converted to condominium use in 2000, the beautifully maintained 14-unit building offers 24-hour doorman and full-time superintendent service, an original lobby mural, and a water filtration system.
Positioned within the Tribeca Historic District, this home is surrounded by remarkable shopping, dining and nightlife, including Locanda Verde, Frenchette, One White, Mr. Chow and Bubby's. Whole Foods and the year-round Tribeca greenmarket are nearby. Just two blocks west, you'll find 500 acres of waterfront outdoor space and recreation at Hudson River Park, including fantastic Pier 25 and 25 amenities. Access to transportation couldn't be better with A/C/E, 1/2/3, J/Z, N/Q/R/W and 6 trains, excellent bus service and CitiBike stations all nearby.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $115,889
Year Built
- Built in 1889
HOA Fees
- $5,561 Monthly HOA Fees
Interior Spaces
- 4,100 Sq Ft Home
- 1 Fireplace
- City Views
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
Additional Features
- Terrace
- Cooling Available
Community Details
- 14 Units
- Tribeca Subdivision
- Property has 2 Levels
Listing and Financial Details
- Legal Lot and Block 1515 / 00189
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $12,600,000 | -2.9% | $3,073 / Sq Ft |
| 12/12/2024 12/12/24 | Pending | -- | -- | -- |
| 12/12/2024 12/12/24 | For Sale | $12,980,000 | -- | $3,166 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $115,889 | $926,962 | $115,003 | $811,959 |
| 2023 | $112,323 | $915,651 | $115,003 | $800,648 |
| 2022 | $89,040 | $884,338 | $115,003 | $769,335 |
| 2021 | $104,232 | $884,338 | $115,003 | $769,335 |
| 2020 | $83,090 | $979,477 | $115,003 | $864,474 |
| 2019 | $75,802 | $957,486 | $115,003 | $842,483 |
| 2018 | $83,940 | $924,007 | $115,003 | $809,004 |
| 2017 | $73,566 | $677,676 | $115,003 | $562,673 |
| 2016 | $0 | $673,206 | $115,003 | $558,203 |
| 2015 | $27,265 | $530,366 | $115,003 | $415,363 |
| 2014 | $27,265 | $494,558 | $115,003 | $379,555 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,000,000 | Purchase Money Mortgage | |
| Previous Owner | $0 | Stand Alone Second | |
| Previous Owner | $500,000 | No Value Available | |
| Previous Owner | $4,225,000 | Purchase Money Mortgage | |
| Previous Owner | $2,500,000 | Purchase Money Mortgage | |
| Closed | $500,000 | No Value Available |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $12,600,000 | -- | |
| Deed | -- | -- | |
| Deed | $6,600,000 | -- | |
| Deed | $6,600,000 | -- | |
| Deed | $4,882,509 | -- | |
| Deed | $4,882,509 | -- |
Source: Public Records
Similar Homes in New York, NY
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11025048
APN: 0189-1515
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