--- title: "137 Franklin Street #1, New York City, NY 10013" description: "137 Franklin Street #1, New York City, NY 10013 — Tribeca, New York City, NY. Listing Price $4,500,000. 3 bed, 3 bath Illustrative Buyer Commission Share of $67,500 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/137-franklin-street-1-ny-10013" source: "Real Estate Rebate Team" status: "Active" --- # 137 Franklin Street #1, New York City, NY 10013 Tribeca, New York City, NY Courtesy of Compass ## At a Glance - **Listing Price**: $4,500,000 - **Beds**: 3 - **Total Baths**: 3 - **Common Charges**: $3,394 / mo - **Monthly Taxes**: $3,379 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $4,500,000 - **Illustrative Buyer Commission Share**: -$67,500* - **Illustrative Net Cost**: $4,432,500 *Illustrative Buyer Savings of $67,500 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![137 Franklin Street #1, New York City, NY 10013 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b3e28d13-539a-4da3-8bc2-4d8dfe9dece0.jpg) ![137 Franklin Street #1, New York City, NY 10013 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ed81fba4-9c7b-43cb-ac0f-bbb49417569b.png) ![137 Franklin Street #1, New York City, NY 10013 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/94f90f0a-3868-47f2-ba5b-f701a6e76737.jpg) ![137 Franklin Street #1, New York City, NY 10013 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/03f3478f-3538-493c-83da-5d3ee07e8bc4.jpg) ![137 Franklin Street #1, New York City, NY 10013 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b25e38c0-b0aa-4216-8378-d380f0d4e85d.jpg) ![137 Franklin Street #1, New York City, NY 10013 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fc0098d5-80f9-4dc5-8216-4eac1fe0b421.jpg) ![137 Franklin Street #1, New York City, NY 10013 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e26b1406-32da-4ed9-96e5-ba6bf86295ea.jpg) ![137 Franklin Street #1, New York City, NY 10013 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/613f3c17-b514-4a6c-8158-a35db221bf25.jpg) ![137 Franklin Street #1, New York City, NY 10013 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/10b0e232-a665-4fc9-8784-1086ba138a11.jpg) ![137 Franklin Street #1, New York City, NY 10013 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a0abb538-74d0-4261-a82c-1418615288a4.jpg) ## Property Overview One of a kind triplex Tribeca maisonette with outdoor space under $5M! Located on one of Tribeca’s most coveted blocks, this approximately 2,587-square-foot triplex (plus about 600 square feet of private outdoor space) loft offers a rare blend of classic New York City architecture and modern design. Featuring soaring ceilings, expansive windows, and a stunning private garden/yard, this custom-built maisonette is both elegant and functional. Enter through a private foyer on the ground level via the virtual doorman and a key fob access. The home greets you with an entry hallway, powder room, and tons of coat storage. Immediately you are struck by the enormous casement windows that mark the architecture of the building; open space to the east of the building and southeastern exposures mean this home is truly bathed in sunlight. The home then flows into the open kitchen/dining area, complete with chef's appliances by SubZero, Miele, and Thermador. It is complemented by sleek marble countertops and abundant cabinet space. The main level includes a spacious living room centered around a marble-encased gas fireplace, framed by double-height ceilings and flooded with natural light. An open-air staircase leads to the second level, which houses a luxurious primary suite with a full bath and built-in closet, along with a second bedroom and en-suite bath. The primary bath features a white marble design with double vanities, a glass-enclosed steam shower, and premium fixtures. The owners have also created a third bedroom/home office on this floor, creating a well-apportioned upstairs. The lower level offers a large media den and laundry room, perfectly suitable for a theater, playroom, additional bedroom space, or any other option! Wide-plank dark hardwood floors that all have under-floor radiant heating extend throughout the living area, staircase, and bedrooms. A state-of-the-art home automation system controls lighting, window treatments, entertainment, and radiant floors. Glass doors from the living room open to a private 19-by-21-foot garden, an ideal space for relaxation or entertaining. 137 Franklin Street is a boutique building with just three residences, built in 2012 in a style approved by the Landmarks Preservation Commission to blend seamlessly with Tribeca’s historic charm. Located at the corner of charming cobblestone streets, this prime address offers unparalleled access to world-class dining, Hudson River Park, and a subway entrance just steps away. ## Property Details - **Property Type**: Condop - **Beds**: 3 - **Total Baths**: 3 - **Rooms**: 8 - **Stories**: 6 - **Year Built**: 2011 - **Common Charges**: $3,394.45 / Monthly - **Monthly Taxes**: $3,379 / mo - **Listed On**: May 7, 2026 - **Days on Market**: 128 Days ### Residence Features - Common On Floor - Common Area - In Unit - Building Roof Deck - Private Outdoor Space Over 60 Sqft - Built-in Features - Double Vanity - Entrance Foyer - High Ceilings - Soaking Tub - Dryer - Dishwasher - Washer - Hardwood ## Sales Evidence ### Recent closed sales 4 apartments at 137 Franklin Street have recorded sales since September 2021, the most recent for $1,981,250 in December 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 2D (Apartment) | Studio | 1,494 | $1,981,250 | $1,326/ft² | December 12, 2025 | City record · MLS | | 4 (Apartment) | 1 | 1,406 | $2,000,000 | $1,422/ft² | January 26, 2024 | City record · MLS | | 5-A (Apartment) | 2 | 1,920 | $2,750,131 | $1,432/ft² | March 4, 2022 | City record · MLS | | 5-D (Apartment) | 1 | 1,849 | $2,189,238 | $1,184/ft² | October 14, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable co-op three-bedroom sales in Tribeca is $4,535,000, based on 16 sales between September 2024 and May 2026. This home is asking $4,500,000, $35,000 below that median. The middle half of those sales closed between $3,606,250 and $5,392,312. - **Median closed price**: $4,535,000 - **Middle half**: $3,606,250 – $5,392,312 - **Based on**: 16 co-op three-bedroom sales in Tribeca - **Period**: September 2024 – May 2026 - **Median $/ft²**: $2,410/ft² Across the 15 of these sales with a published asking price, the median closed at 95.1% of what it originally asked. 93% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Tribeca instead. ### How these sales were negotiated - **Sold vs original ask**: 95.1% of the original ask - **Closed below ask**: 93% of 15 sales - **Listed → in contract**: 97 days (about 14 weeks) - **In contract → closed**: 57 days (about 8 weeks) Across the 15 of these sales with a published asking price, the median closed at 95.1% of what it originally asked. 93% of them closed below the original ask. Half of these homes were in contract within 97 days (about 14 weeks) of coming to market, based on the 16 with a recorded listing date. Once a deal was agreed, closing took a further 57 days (about 8 weeks), based on the 16 with both dates recorded. A co-op board package and its interview account for much of that. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 16 co-op three-bedroom sales in Tribeca, September 2024 – May 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for co-op three-bedroom sales in Tribeca, 2023 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2023 | $5,695,000 | 15 | | 2024 | $4,962,500 | 12 | | 2025 | $4,672,500 | 10 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Tribeca instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 137 Franklin Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/137-franklin-street) ## Price and Property History for 137 Franklin Street, Unit 1 Review the recorded listing activity for 137 Franklin Street, Unit 1, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $495,000, or 9.9%, on August 7, 2026 - **Originally listed**: December 4, 2024 at $4,995,000 - **Current asking price**: $4,500,000 | Date | Price | Listing event | | --- | --- | --- | | August 7, 2026 | $4,500,000 | Asking price reduced by $495,000, or 9.9% | | December 4, 2024 | $4,995,000 | Listed for sale by Compass | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 3 apartments. The corporation’s 2026 property tax bill was $241,785 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 137 Franklin Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/137-franklin-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 137 Franklin Street 137 Franklin Street, New York, NY 10013 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 2011 - **Total Units**: 1 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/137-franklin-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [1](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/137-franklin-street-1-ny-10013) | 3 | 3 | — | — | $4,500,000 (-9.9%) | Compass | May 7, 2026 | 128 days | ## Estimated Monthly Payment **$29,528 / month**, assuming a 20% down payment ($900,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $22,754 - **Property Taxes**: $3,379 - **Common Charges**: $3,394 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## Tribeca Overview of Tribeca [Explore Tribeca](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/tribeca) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Tribeca - [Civic Center real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/civic-center) - [SoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/soho) - [Little Italy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/little-italy) - [Battery Park City real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/battery-park-city) - [Chinatown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chinatown) - [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita) - [Civic Center real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/civic-center) - [SoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/soho) - [Little Italy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/little-italy) - [Battery Park City real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/battery-park-city) - [Chinatown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chinatown) - [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita) ## Related Links - [137 Franklin Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/137-franklin-street) - [Tribeca neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/tribeca) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.