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Full-Service Tribeca Living on a Private Cobblestone Street. A pristine condo nestled on a desirable single-block stretch in prime Tribeca, this stunning 3-bedroom, 3. 5-bathroom home is the perfect blend of contemporary luxury and urban design. Traditional details like crown molding, charming French doors, and beautiful hardwood floors blend seamlessly with modern lines, chic light fixtures, and a spacious open-concept layout. A state-of-the-art sound system with integrated Sonos speakers, while a custom fireplace with a lovely mantle adds classic warmth and charm. Oversized windows let in wonderful western light. Residents enter into a welcoming foyer with two closets and easy access to a 37-foot-long living room, dining room, and kitchen. The all-white Poggenpohl kitchen is perfect for casual dining and entertaining. It is equipped with a large eat-in waterfall island, Calacatta marble countertops and backsplash, custom cabinets, and a suite of high-end stainless steel appliances from Bosch and Sub-Zero. The primary suite boasts a pair of walk-in closets and an immaculate en-suite bathroom with a custom double vanity, mosaic marble floors, sleek fixtures, a walk-in shower with rain and handheld showerhead capabilities, and a separate soaking tub. The second and third bedrooms have private en-suite bathrooms. A powder room and laundry room with built-in storage and a full-size washer/dryer complete this wonderful home. 5 Franklin Place is an ODA and Andres Escobar-designed luxury condominium located on a narrow, cobbled street in Tribeca. Residents enjoy an elegant lobby with a full-time door attendant, a live-in resident manager, a state-of-the-art fitness center, a children’s playroom, bicycle and private storage, and an amazing rooftop terrace with a heated pool and cabana lounges. The building is moments from trendy restaurants, bars, cafes, and shops, and it is close to SoHo, Chinatown, FiDi, and Hudson Square. Nearby subway lines include the 1/6/N/Q/R/W/J/Z. Pets are welcome.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,150,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $2,520,000 | $2,520,000 | $2,520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.754% | 6.309% |
Monthly Tax Payment | $3,199 | $3,199 | $3,199 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,507 | $16,136 | $21,436 |
Total Monthly Payment | $17,831 | $19,460 | $24,760 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.