Seller's Agent in 2022
Jeffrey Wachtenheim
Corcoran Group
(212) 937-1505
1 in this area
4 Total Sales
155 Franklin St Unit 2S New York, NY 10013
Tribeca NeighborhoodEstimated Value: $3,622,320 - $5,586,000
3
Beds
2.5
Baths
2,438
Sq Ft
$1,215/mo
HOA Fee
Highlights
- Pre War Building
- 2-minute walk to Franklin Street
- 3-minute walk to Duane Park
- P.S. 234 Independence School Rated A
About This Home
As of October 2022Exquisite Tribeca loft living awaits in this spectacular three-bedroom, two-and-a-half-bathroom home featuring stunning original details, contemporary updates and a sought-after location surrounded by Belgian block streets.
At nearly 2,500 square feet, this expansive loft embraces its historical origins with bold steel columns, hardwood floors, dramatic beamed ceilings, exposed brick and 11 massive windows along the sunny southern and eastern exposures. The gracious foyer welcomes you inside with fantastic closet space and a convenient powder room. Ahead, enjoy a generous footprint for lavish entertaining and relaxed daily life. The adjacent open kitchen impresses with breakfast bar seating and a fleet of upscale appliances, including a six-burner Viking range and a Sub-Zero refrigerator.
Wake up to eastern light in the king-size primary suite featuring two closets, including a walk-in. The en suite marble bathroom beckons with a relaxing soaking tub, rain shower and double vanity. Two spacious and bright secondary bedrooms sit alongside the southern exposure, offering easy access to a second full bathroom. An in-unit washer-dryer and central HVAC add comfort and convenience to this outstanding Downtown loft.
Began in 1882, 155 Franklin is a handsome store-and-loft building featuring a brick and stone facade, cast-iron details and an impressive metal canopied entry. Converted to 10 condominium residences in 1996, the boutique building offers a freight-size elevator and the privacy of just two units per floor. Residents of the well-managed condo enjoy superintendent service, video intercom security and basement storage.
From this superb location within the Tribeca West Historic District, you're surrounded by remarkable shopping, dining and nightlife, including Locanda Verde, Frenchette, 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. Transportation couldn't be easier with A/C/E, 1/2/3, J/Z, N/Q/R/W and 6 trains, excellent bus service and CitiBike stations all nearby.
Tenant in place until March, 2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $22,008
Year Built
- Built in 1882
HOA Fees
- $1,215 Monthly HOA Fees
Home Design
- 2,438 Sq Ft Home
- Pre War Building
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Community Details
- 10 Units
- Sugar Loaf Condo
- Tribeca Subdivision
- 6-Story Property
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2022
Closed on
Oct 4, 2022
Sold by
Baker Revocable Trust
Bought by
Mundy As Trustee Chris and Panahpour, As Trustee, Nilou
Seller's Agent
Jeffrey Wachtenheim
Corcoran Group
List Price
$6,250,000
Sold Price
$5,950,000
Premium/Discount to List
-$300,000
-4.8%
Total Days on Market
125
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,520,420
Avg. Annual Appreciation
-10.93%
Original Mortgage
$3,867,500
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 8, 2017
Sold by
Baker Madelaine S and Baker Thomas G
Bought by
Baker Revocable Trust Established March and Baker, Trustee, Madelaine S G
Purchase Details
Closed on
Aug 22, 2011
Sold by
Obenhaus Mark
Bought by
Baker Madelaine S and Baker Thomas G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 24, 2001
Sold by
Zamoul Karim N
Bought by
Obenhaus Mark and Kohlman Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.1%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mundy As Trustee Chris | $5,950,000 | -- | |
| Baker Revocable Trust Established March | -- | -- | |
| Baker Madelaine S | $2,995,000 | -- | |
| Obenhaus Mark | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mundy As Trustee Chris | $3,867,500 | |
| Previous Owner | Baker Madelaine S | $1,200,000 | |
| Previous Owner | Zahmoul Karim | $425,000 | |
| Previous Owner | Obenhaus Mark | $1,000,000 | |
| Previous Owner | Zahmoul Karim | $373,864 | |
| Previous Owner | Zahmoul Karim N | $636,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/03/2023 01/03/23 | Off Market | $5,950,000 | -- | -- |
| 10/04/2022 10/04/22 | Sold | $5,950,000 | 0.0% | $2,441 / Sq Ft |
| 07/06/2022 07/06/22 | Pending | -- | -- | -- |
| 05/26/2022 05/26/22 | Price Changed | $5,950,000 | -4.8% | $2,441 / Sq Ft |
| 03/02/2022 03/02/22 | For Sale | $6,250,000 | -- | $2,564 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $25,512 | $204,063 | $32,197 | $171,866 |
| 2023 | $24,530 | $199,968 | $32,197 | $167,771 |
| 2022 | $22,488 | $183,798 | $32,197 | $151,601 |
| 2021 | $22,548 | $183,807 | $32,197 | $151,610 |
| 2020 | $24,374 | $208,370 | $32,197 | $176,173 |
| 2019 | $19,744 | $201,728 | $32,197 | $169,531 |
| 2018 | $23,189 | $191,577 | $32,197 | $159,380 |
| 2017 | $22,418 | $193,175 | $32,197 | $160,978 |
| 2016 | $21,765 | $182,210 | $32,197 | $150,013 |
| 2015 | $12,968 | $180,142 | $32,197 | $147,945 |
| 2014 | $12,968 | $164,540 | $32,197 | $132,343 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Wachtenheim
Map
Similar Homes in the area
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10800236
APN: 0179-1103
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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