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Full-Floor Apartment Building

106 FRANKLIN Street, New York City, NY 10013

For Sale
$24,500,000

Five residences include four full-floor loft layouts and a duplex with private outdoor space.

Property Size11,891 SF
Price / SF$2,060
Days on Market211

Property Features for 106 FRANKLIN Street

General Information

Standard status Active
Size 11,891 SF
Elevators Yes
Property subtype Multi Family
Occupancy 100%

Units

Unit Mix 4 x 3BR/3BA, 1 x Duplex
Multifamily Units 5

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $248,556

Amenities

roof deck

Building Details

Building Size 11,891 SF
Year Built 1915
Buildings 1
Listing Agency: Corcoran Group
Listed By: Carrie Chiang · License #30CH0809543
Source: Carlinwright
Added: Apr 13 Changed: Nov 4 Last Checked: Nov 8 at 1:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Group

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Investment Insights

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This 1915 apartment building contains five residences: four full-floor, loft-style three-bedroom and three-bath units, along with a first-floor duplex that includes private outdoor space. The building measures 25 feet by 95 feet and is 100% leased. Unit interiors feature gourmet kitchens and open-plan layouts. A furnished roof deck provides additional resident amenity space.

Recent capital improvements include high-efficiency hot water heaters, elevator infrastructure upgrades, and a renovated lobby and entryway. Three of the five active leases are scheduled to reset in consecutive months during summer 2026. The property is located at 106 Franklin Street in New York City’s Tribeca neighborhood.

Key Highlights

  • Five residences with four full‑floor 3‑bedroom/3‑bath units and one first‑floor duplex
  • 100% leased apartment building with three leases scheduled to reset in consecutive months during summer 2026
  • 25' x 95' building constructed in 1915

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

31,868
Businesses Nearby

Demographics for 10013, NY

31,042
Population
15,933
Households
1.9
Avg Household Size
36
Median Age
72%
College-Educated
89%
High-School Grad
0.5 sq mi
ZIP Area
62,084
Density / Sq Mi
$159,474
Median Household Income
$92,765
Median Earnings
$2,378
Median Rent
$2,000,001
Median Home Value
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Market

Average Price Trend$/SF for Apartment buildings in New York City, NY

$869 Jul
$943 Aug
$1,028 Sep
$947 Oct

Properties on Market for Apartment buildings in New York City

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five residences include four full-floor loft layouts and a duplex with private outdoor space.
Where is this apartment building located?
The property is located at 106 FRANKLIN Street New York City, NY.
What is the asking price?
The asking price for this property is $24,500,000.
What are key features of this property?
This property features: Five residences with four full‑floor 3‑bedroom/3‑bath units and one first‑floor duplex; 100% leased apartment building with three leases scheduled to reset in consecutive months during summer 2026; 25' x 95' building constructed in 1915
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