175 Franklin Street

Tribeca, Manhattan

Parcel ID (BBL): 1001810019

Acris records

Owner: Dalan Real Estate

Acquired: March 11, 2026, $19.6 million

Debt: October 23, 2024, $0

Built: 1890

Renovated: 2011

SF: 12,300

Dwelling units: 5

No. of buildings: 1

Class: Primarily Five to Six Family With Store or Office (S5)

Floors: 6

Transactions:

Bahram Benaresh sold 175 Franklin Street, Tribeca, Manhattan for $19.6 million to Dalan Real Estate on March 11, 2026.

• Dalan Real Estate on October 23, 2024 bought a loan with an original principal of $11.2 million from G4 Capital Partners, secured by 175 Franklin Street, Tribeca, Manhattan, when owned by Bahram Benaresh.

Bahram Benaresh borrowed $11.2 million from G4 Capital Partners for 175 Franklin Street, Tribeca, Manhattan on May 12, 2022.

Development:

Bahram Benaresh filed major alteration job 104083386 for RES building with 5 apartments in Tribeca, Manhattan, on April 13, 2005.

• Taylor Hubbs filed alteration job M01162014 for 1,500 sqft RES building with 5 apartments in Tribeca, Manhattan, on June 26, 2025.

Bahram Benaresh filed alteration job 123813310 for RES building with 5 apartments in Tribeca, Manhattan, on June 28, 2019.

Bahram Benaresh filed alteration job 121676766 for RES building with 5 apartments in Tribeca, Manhattan, on July 18, 2013.

• Bahram Beraresh filed alteration job 120528571 for RES building with 6 apartments in Tribeca, Manhattan, on November 12, 2010.

• Bahram Beraresh filed alteration job 120159871 for RES building with 6 apartments in Tribeca, Manhattan, on September 18, 2009.

Litigation:

Bahram Benaresh on December 16, 2024, filed a $45 million bankruptcy 24-12341 for 175 Franklin Street that has creditor Dalan Real Estate.

Violations:

According to city public data, the properties have received $600 in OATH penalties in the last year.

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