Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,225,000

· Closed January 24, 2023

66 FRANKFORT Street #5J
Closed For Sale Co-op

$1,225,000

$993 per sq ft

66 FRANKFORT Street #5J

Financial District, Manhattan

SOUTHBRIDGE TOWERS

MLS® #RLS10821873

RLS at REBNY

Listing by Douglas Elliman Real Estate

3

Bedrooms

1.5

Baths

1,234

Sq. Ft.

1971

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2 full, 1 half
Living Area 1,234 sq ft
Year Built 1971
Ownership Co-op
Maintenance $1,100/mo
Neighborhood Financial District
Floor 5 of 6

Property Highlights

  • Outdoor Space: Balcony
  • New Construction: Brand new building

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 1 Full, 1 Half
Floor 5 of 6
Pets Yes
Cross Street FDR DRIVE EXIT 2 NORTHBOUND and GOLD STREET
Year Built 1971 (New)
Living Area 1,234 sq ft
Parcel # 0094-0001-00066-000-000005J

Listing History

Event Date Price Change
Listed Sep 26, 2022 $1,250,000 -
Currently May 6, 2026 $1,225,000 -2.0%

Description

NEW TO MARKET! This bright and spacious 3 bedroom and 1.5 bath estate apartment is waiting for you to make it your own. Enter from the Foyer into the gracious Living Room and Dining Area, filled with sunlight streaming from a full wall of windows onto a beautiful Private Terrace overlooking the courtyard. Every room is has western exposures, through-wall air conditioning, baseboard heating, and ample closet space. The Galley Kitchen has full-sized appliances including a dishwasher. In addition to the Full Bathroom near the Living Room, there is a Half Bathroom ensuite with the enormous Primary Bedroom.

Part of the "New Downtown," Southbridge Towers is an established multi-tower co-op community located just south of the Brooklyn Bridge. It is adjacent to the Financial District, South Street Seaport, and Pace University. Completed in 1971, the buildings include Attended Lobbies, Laundry Rooms, Basketball Courts, Playgrounds, and Parking for an additional fee. Residents enjoy beautifully maintained and manicured landscaping, 24-hour security, a basketball court, recreational center and 2 playgrounds. Extremely low monthly maintenance fees, equipped with utilities and electricity are also a feature of the complex.

The Financial District or "FiDi" represents Lower Manhattan's rich cultural diversity and maritime history. The neighborhood features unique retail and dining experiences on the riverfront, as well as cultural activities including museums, galleries and music festivals and exhibits. One of the fastest growing residential areas in Manhattan, the "New Downtown" is home to recently constructed schools, hospitals, and parks. Excellent shopping and top restaurants nearby include Cipriani Wall Street, the South Street Seaport, T.J. Byrnes Bar and Restaurant, 55 Fulton Market & Groceries, and Tiffany & Co. There are 2 ICON parking garages with discounted rates for residents. Residential storage is available for an additional fee.

Directions to 66 Frankfort: enter the Complex at the corner of Spruce & Gold Street, walk to the first courtyard and then turn right. The building entrance will be on that side.

PHOTOS ARE VIRTUALLY STAGED AND RENOVATED

Features & Amenities

Exterior Features

Balcony Balcony

Building Information

Financial Details

Maintenance $1,100/mo
Original Price $1,250,000
Sale Price $1,225,000
Previous Price $1,250,000

The Financial District occupies the southern tip of Manhattan, where landmark office towers have been converted into spacious residential lofts alongside new luxury high-rise condominiums with river and harbor views. The Oculus and Fulton Center transit hubs connect over a dozen subway lines, including the 2, 3, 4, 5, A, C, J, and Z trains, making it one of the best-connected neighborhoods in the city. Battery Park, Bowling Green, and the 9/11 Memorial provide open green space and waterfront access at the foot of the skyline.

Financial District Live Market Data

View Neighborhood

Active Listings

255

Median Asking Price

$1.30M

Median $/Sqft

$1,255

Avg Days on Market

N/A

New This Week

7

Price Reduced

29%

Sold (30 Days)

21

Median Sale Price

$1.49M

Live data from RLS at REBNY • Updated 5/6/26, 5:28 AM EST

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Location

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66 FRANKFORT Street #5J, Financial District, New York County • Near FDR DRIVE EXIT 2 NORTHBOUND and GOLD STREET

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1971
Year Built
55 years old
6
Floors
1641
Residential Units
R8
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $180,705,600
Land Value: $33,164,550
Exemptions: $11,343,916

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 357,935 SF
Building Area: 2,163,399 SF
Built FAR: 6.04
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,100 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 1 full bathroom and 1 half bathroom.

The listed interior living area is 1,234 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1971, making it approximately 55 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with the listing broker.

At the current list price of $1,225,000 for 1,234 sq ft, the asking price per square foot is approximately $993. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10821873
First Listed: 9/26/2022
Price Changed: 1/24/2023
Closed: 1/24/2023
Contract Date: 9/26/2022

Listing Courtesy of Douglas Elliman Real Estate - Michelle Larsen

Listing Contact: (917) 415-9293

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/6/2026 at 9:28 AM UTC

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