90

Livability Score

50 Franklin Street

Lower Manhattan
FOR SALE
EST. $7448 / MO
$1,995,000
UNIT: 5C $1776/sq ft
DETAILS
2 bedrooms 1123 sq ft
2 bathrooms Zip: 10013
Purchase MLS: 16245640

Investors! Investors! Prime investment opportunity to purchase apartment + private deeded parking space for 3% cap rate and 8% YOY historical appreciation. Due to the unusual relative affordability of 50 Franklin, which is laden with amenities including oversized gym, lounge, media room, bike room, pet spa, roofdeck, and private guest suite on premises, this property is sought-after by tenants eager to live in Tribeca. The apartment features a desirable 2BR/2Bath 1123sf layout with additional home office that doubles as a nursery or playroom. High 9' ceilings, thick 4 real oak plank floors, and top-of-the-line finishes including Caeserstone kitchen countertops, white lacquered cabinetry, Bosch oven and dishwasher, Subzero refrigerator and wine fridge. Central A/C and Bosch washer/dryer. Storage unit included. Fulltime doorman and live-in super.Asking price INCLUDES private parking space which can be fully financed by all major banks, a $250k value. Apartment rents for minimum $6k/mo and the parking can be rented out at $600-$800/mo. This is a hot commodity for users and investors alike looking to achieve a strong ROI.

Additional listing info available.

Estimate mortgage
20%
$7448/MO

3.812% Interest

30 YR Fixed

This place gets high marks across the board.

Secret Service

94

It basically comes with your own secret service agent.

You'll be able to sleep easy at 50 Franklin Street; the building and 'hood have an impeccable safety record

Good

80

Clean-acres is the place to be

The neighborhood around 50 Franklin Street is tidy and well kept.

Blissful

88

"Move in ready" doesn't even begin to describe it.

You'll have time to take up that new hobby at 50 Franklin Street

Dirt Cheap

99

It's like Publisher's Clearing House just rang your doorbell.

Living at 50 Franklin Street will literally make you feel like you've won the grand prize - every day

Safety

94

It basically comes with your own secret service agent.


You'll be able to sleep easy at 50 Franklin Street; the building and 'hood have an impeccable safety record

Violent
Violent
Low risk of violent crimes in this area
Non violent
Non Violent
A really safe place to live
Security
Security
No security related issues to note

Environment

80

Clean-acres is the place to be


The neighborhood around 50 Franklin Street is tidy and well kept.

Health
Health
No indication of major environmental health hazards present
Outdoor
Outdoor
Outdoor environment is showing signs of neglect
Utilities
Utilities
Heat and water systems seem to be working great
Pest control
Pest Control
This building appears to be pest-free

Quality

88

"Move in ready" doesn't even begin to describe it.


You'll have time to take up that new hobby at 50 Franklin Street

Noise
Noise
Noise does not appear to be a significant issue for residents
Physical condition
Physical Condition
Building appears to be in excellent shape
Nuisance
Nuisance
No apparent nuisance issues
Building management
Building Management
No history of conflict between residents and management

Expenses

99

It's like Publisher's Clearing House just rang your doorbell.


Living at 50 Franklin Street will literally make you feel like you've won the grand prize - every day

Utility expenses
Utility Expenses
Low utility expenses
Other expenses
Other Expenses
Court cases
Court Cases
No significant court cases reported
Other info
Other Info
Investigate this section further to learn about other potential issues

All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

The information provided is for personal, non-commercial use and may not be used for any other purpose.