9 Murray St. #4SE

4SE offered at $1139/SF. This is an excellent opportunity to design and build out your own loft for less than the cost of a full renovation. The entire 4th floor, which spans approximately 100 feet of frontage, has just been approved for residential use. There are three separate lofts being offered for sale in white box format that can be purchased individually or in combination. Each unit will be delivered with the delineating walls between the units, some exposed brick vaulted ceilings and exposed brick walls where possible. The potential to create a new home with authentic old loft character is a unique and rare opportunity and the all-in cost is substantially lower compared to neighboring new developments.

The Franklin Building, 9-15 Murray Street, is an established Prewar Condo Loft building with thirty unique residential homes of varying sizes on floors four to twelve. Most floors have three or four homes per floor ranging from 1750 square feet to just over 3000 square feet.

The current offering for the fourth floor is Apt 4W at 3,163 SF, Apt 4SE at 2,590 SF and Apt 4NE at 1,980 SF. Please note the number of rooms shown on the listing are a possible layout.

This handsome building was built in 1898 and originally designed to facilitate heavy manufacturing. In more recent decades, the upper floors were converted to condo residential homes beginning in the early 2000s. This is a pet friendly building with a common roof deck that boasts sweeping city views including the Freedom Tower and the Hudson River. Floors two and three have commercial tenants with long term leases. The ground floor is leased to the New York Public Library until 2033.

It’s perfectly located just a half block to lush City Hall Park with quick access to most downtown subway lines. It’s a fifteen minute walk to the Financial District, Hudson River Park and the Seaport and with easy access to Battery Park, South Ferry and the World Trade Center. The Franklin Building is surrounded by multiple luxury new developments such as the Woolworth Tower Residences, 30 Park Place Four Seasons Private Residences, and 19 Park Place designed by Ismael Leyva. The neighborhood is the next frontier in Tribeca.