5 Franklin Place #14A, New York City, NY 10013
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Regis Roumila
Verified Member: REBNY · NAR
NYDOS LIC#: 10491211335
Property Overview
Property Details
Residence Features
Building Amenities
Estimated Monthly Payment
Estimates only. Actual payments may vary. Confirm terms with your lender.
Sales and market data
Recent sales
21 apartments at 5 Franklin Place have recorded sales since September 2021, the most recent for $1,180,000 in July 2026. Prices are the figures recorded with the City, not asking prices.
| 2-CApartment | Studio | 720 | $1,180,000 | $1,639/ft² | July 8, 2026MLS |
|---|---|---|---|---|---|
| 3AApartment | 3 | 1,967 | $2,900,000 | $1,474/ft² | April 9, 2026City record · MLS |
| 15BApartment | 1 | 710 | $1,585,000 | $2,232/ft² | August 12, 2025City record |
| 9AApartment | 3 | 1,724 | $2,872,500 | $1,666/ft² | May 29, 2025City record · MLS |
| 9DApartment | 2 | 1,750 | $2,995,000 | $1,711/ft² | May 29, 2025City record · MLS |
| 2AApartment | Bedroom count not recorded | 1,793 | $3,645,000 | $2,033/ft² | April 28, 2025City record |
| 8AApartment | 3 | 1,967 | $2,900,000 | $1,474/ft² | November 26, 2024City record · MLS |
| 9CApartment | 2 | 1,412 | $2,400,000 | $1,700/ft² | September 11, 2024City record · MLS |
| 8BApartment | 1 | Square footage not recorded | $1,245,000 | No square footage recorded for this sale | June 17, 2024City record · MLS |
| 10BApartment | 1 | 756 | $1,285,000 | $1,700/ft² | April 25, 2024City record · MLS |
| 4AApartment | 3 | 1,967 | $3,225,000 | $1,640/ft² | April 19, 2024City record · MLS |
| 6AApartment | 3 | 1,967 | $3,275,000 | $1,665/ft² | September 8, 2023City record · MLS |
| 8BApartment | 1 | Square footage not recorded | $1,999,000 | No square footage recorded for this sale | August 10, 2023MLS |
| 9CApartment | 2 | 1,412 | $2,450,000 | $1,735/ft² | December 29, 2022City record · MLS |
| 11BApartment | 1 | 756 | $1,435,000 | $1,898/ft² | October 14, 2022City record · MLS |
| 10DApartment | 2 | 1,472 | $3,050,000 | $2,072/ft² | May 23, 2022City record |
| 3-DApartment | Studio | 812 | $1,325,000 | $1,632/ft² | March 15, 2022City record · MLS |
| 7-BDuplex | 3 | 1,829 | $3,303,500 | $1,806/ft² | November 23, 2021City record · MLS |
| 12CApartment | 2 | 1,551 | $2,450,000 | $1,580/ft² | October 7, 2021City record · MLS |
| 14AApartment | 3 | 1,840 | $4,175,000 | $2,269/ft² | October 6, 2021City record · MLS |
| 11-CApartment | 2 | 1,551 | $2,700,000 | $1,741/ft² | October 5, 2021City 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
- This home
- $4,350,000
- Median sold price
- $3,225,000
- Difference
- +$1,125,000 (+34.9%)
- Median $/ft²
- $1,665
- Comparable sales
- 7
- Sales from
- Oct 2021 – Apr 2026
Based on three-bedroom sales at 5 Franklin Place.
More market data
- Middle half of those sales
- $2,900,000 – $3,289,250
How these sales were negotiated
- Sale-to-list price
- 88.4%
- Sold below asking
- 100%
- Typical time to find a buyer
- 98 days
- Typical time to close
- 55 days
Based on three-bedroom sales at 5 Franklin Place with the required listing and closing data. Sample sizes vary by metric.
Price trend
Median price per square foot, sales at 5 Franklin Place
| Year | Median $/ft² | Sales |
|---|---|---|
| 2017 | $2,195/ft² | 4Thin |
| 2021 | $1,773/ft² | 8 |
| 2022 | $1,817/ft² | 4Thin |
| 2024 | $1,670/ft² | 5 |
| 2025 | $1,872/ft² | 4Thin |
Based on recorded sales at 5 Franklin Place.
Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.
Sales data through July 2026.
Sale prices and dates are based on NYC ACRIS records. MLS closing dates may differ. Historical sales are not an appraisal or valuation of this property.
Price and Property History for 5 Franklin Place, Unit 14A
Review the recorded listing activity for 5 Franklin Place, Unit 14A, including asking-price changes and prior market dates.
- Latest price change
- Reduced by $150,000, or 3.3%, on June 24, 2026
- Originally listed
- January 16, 2026 at $4,350,000
- Entered contract
- August 13, 2026
- Last sold (recorded)
- $4,175,000 on October 6, 2021
| Date | Price | Listing event |
|---|---|---|
| $4,350,000 | Entered contract | |
| $4,350,000 | Asking price reduced by $150,000, or 3.3% | |
| $4,350,000 | Listed for sale by Compass | |
| $4,175,000 | Sold — recorded sale price | |
| $4,175,000 | Entered contract | |
| $4,500,000 | Listed for sale by Douglas Elliman Real Estate |
Property Tax History
Taxes at 5 Franklin Place #14A were $51,943 in 2026, up 5.3% from 2025.
| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
|---|---|---|---|---|---|---|
| 2026FY 2026/27 | $477,074 | $13,072 | $464,002 | $415,541 | $51,943 | 12.5%Estimated |
| 2025FY 2025/26 | $458,379 | $13,072 | $445,307 | $394,774 | $49,347 | 12.5%Estimated |
| 2024FY 2024/25 | $431,149 | $13,072 | $418,077 | $379,290 | $47,411 | 12.5% |
| 2023FY 2023/24 | $423,882 | $13,072 | $410,810 | $368,507 | $46,071 | 12.502% |
| 2022FY 2022/23 | $404,152 | $13,072 | $391,080 | $353,129 | $43,318 | 12.267% |
| 2021FY 2021/22 | $324,799 | $13,072 | $311,727 | $324,799 | $39,739 | 12.235% |
| 2020FY 2020/21 | $359,750 | $13,072 | $346,678 | $312,929 | $38,387 | 12.267% |
| 2019FY 2019/20 | $351,666 | $13,072 | $338,594 | $289,988 | $36,170 | 12.473% |
| 2018FY 2018/19 | $325,290 | $13,071 | $312,219 | $268,666 | $33,884 | 12.612% |
| 2017FY 2017/18 | $282,894 | $13,071 | $269,823 | $252,526 | $32,119 | 12.719% |
| 2016FY 2016/17 | $169,438 | $13,072 | $156,366 | $169,225 | $21,816 | 12.892% |
The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.
Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.
Figures are the New York City Department of Finance assessment roll for tax lot 1001751539. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.
About The Building
5 Franklin Place
5 Franklin Place, New York, NY 10013
A building in Tribeca, currently featuring 2 active listings.
Interested in 5 Franklin Place?
Consult Régis for private buyer guidance, off-market opportunities, building financials, board package requirements, closing costs, and potential Buyer Savings.
In the Neighborhood
Nearby Schools
* Distances are approximate line-of-sight metrics.
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Tribeca
Overview of Tribeca
Tribeca (Triangle Below Canal) is widely considered the wealthiest and most desirable neighborhood in New York City. Known for its massive industrial lofts, cobblestone streets, and celebrity residents, it is the epitome of downtown luxury. For buyers seeking Tribeca Manhattan real estate, it offers an unmatched combination of space, privacy, and cool. Living in Tribeca, Manhattan is chic and comfortable. The streets are wide and surprisingly quiet. As a premier Manhattan NYC neighborhood, it has transformed from an industrial wasteland into a family-friendly enclave of multimillion-dollar homes.Real Estate & Housing Market
The market for homes for sale in Tribeca is top-tier. The signature property is the loft: thousands of square feet, cast-iron columns, and high ceilings. New developments like towering glass condos (e.g., 56 Leonard) have added ultra-modern options to the mix. Unless you have a significant budget, entry is difficult. It is a market driven by privacy, with many buildings offering private garages and paparazzi-proof entrances.Lifestyle & Community
The lifestyle in Tribeca is family-centric luxury. You will see more strollers than nightlife. The restaurants are world-class (Locanda Verde, The Odeon) but the vibe is relaxed and neighborhoody. The community is affluent and creative. It hosts the Tribeca Film Festival, adding a layer of cultural glamour. Residents value the low-density feel; the buildings aren't as tall as FiDi, so there is more sky.Transportation & Accessibility
Tribeca is incredibly connected. The 1/2/3, A/C/E, and R/W trains all service the area. It is easy to get uptown or to Brooklyn. Connectivity to the West Side Highway makes it a favorite for those who drive to weekend homes in the Hamptons or upstate.Parks, Schools & Amenities
Hudson River Park is the neighborhood's playground, offering mini-golf, volleyball, and running paths. Washington Market Park is a beloved local green space. Amenities are unmatched: Whole Foods, Target, and boutique fitness studios abound. The schools, particularly PS 234, are among the most coveted public schools in the city.Who This Neighborhood Is Best For
Tribeca is best for high-net-worth families, celebrities, and buyers who want the maximum amount of space and privacy available in Manhattan.
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.