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116 University Place, #5

$8,500,000 ($2,781 per ft2) | 4 beds, 3.5 baths | Approx. 3,056 ft2
Building Profile  | 
89 days on Market

Key Details

  • Listed: Aug 10, 2024
    Days on Market: 89
    Building Type: Condominium
    Neighborhood: Greenwich Village (Manhattan)
    Listing viewed 149 times
Monthly Common Charges: $6,155
Monthly Real Estate Taxes: $5,948
Total Taxes & Fees: $12,103 ($3.96/ft2)
Est. Monthly Mortgage: $44,967
Total Est. Monthly Carrying Cost: $57,070 ($18.67/ft2)
Note: the above is based on a down payment of 20% ($1,700,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This full-floor apartment is located in the heart of Greenwich Village, with close proximity to Union Square and views over the tree tops of 13th Street and University Place.
  • Stunning Interiors: The apartment boasts interiors designed by renowned interior designers Janine Carendi MacMurray and Chiara de Rege, with a seamless flow between rooms through pocket doors and wide-plank white oak flooring throughout.
  • Spacious and Luxurious: With 3,056 square feet of space, the apartment features a Great Room with 10’ ceilings and 7 large casement windows, an oversized open chef’s kitchen with high-end finishes and appliances, and a primary suite with two massive, custom-built walk-in closets and an ensuite five-fixture windowed bath.
  • Convenient Features: The apartment includes a key-locked elevator that opens into a private landing, a full laundry room with a vented washer and dryer, utility sink, and a linen closet, and a multi-zoned ultra-quiet central HVAC system.
  • Flexible Layout: The apartment has a total of 4 bedrooms, with the ability to easily convert one into a full bath.
  • Building Amenities and Architecture: Built in 2018 by Morris Adjmi Architects, the building offers amenities such as a doorman, a professionally landscaped rooftop terrace, a gym, and private storage lockers for all residences.

Description

Spanning the entire fifth floor at 116 University Place - an ultra-boutique 5-unit Doorman Condo in the heart of the Greenwich Village - Apartment 5 possesses an exceptionally rare 3,056 square feet and multiple corner exposures over the tree tops of 13th Street and University Place. This full-floor home has been completely reimagined, featuring elegant and playful interiors designed by renowned interior designers Janine Carendi MacMurray and Chiara de Rege along with thoughtful customizations in layout. A key-locked elevator opens into the units’ private landing that features two large closets, including a walk-in, as well as a powder room for guests.

A formal entry foyer provides space to display a curated collection of art and leads into the airy, sun-filled corner Great Room with 10’ ceilings and 7 large casement windows - with both NE and SE corner exposures of the colorful facades of the historic brick and cast-iron buildings along University Place. An expertly crafted white oak entertainment center with shelving for books and additional storage keeps things organized and clean. Overlooking the great room, the oversized open chef’s kitchen features a beautiful space to host family and friends.

Handcrafted by Smallbone using only the finest finishes, it showcases stunning Calacata Cremo marble counters and backsplash, custom wood and fluted glass cabinetry, a full Miele appliance package - including a wall oven and six-burner range with vented hood, dishwasher and wine fridge. A large, walk-in pantry provides additional storage. Thoughtfully positioned on the opposite end of the apartment for ultimate privacy, the sumptuous primary suite features two massive, custom-built walk-in closets. An ensuite five-fixture windowed bath clad in Calacata Cremo marble and limestone features a Laufen soaking tub, a Toto Neorest toilet and radiant heated flooring.

The entire apartment has been designed to enable a seamless flow between rooms through pocket doors. Off the primary suite is one of four total bedrooms which is currently set up as an office/den. The room originally featured an ensuite bathroom that has since been turned into another large walk-in closet.

However, it retains the ability to easily be turned back into a full bath should a new owner desire creating 3 full bathrooms + the powder room. The third bedroom features a large, double-wide closet, and two large casement windows overlooking 12th street. Between the 3rd and final bedroom is a Jack and Jill style windowed marble bath as well as a towel closet.

The fourth and final bedroom can easily accommodate a king-sized bed with additional furniture if desired and also looks out onto 12th Street through two large casement windows. In total the apartment features 16 oversized windows, flooding it with light no matter the time of day. Additional features include wide-plank white oak flooring, a full laundry room with a vented WD, utility sink, and a linen closet, a multi-zoned ultra-quiet central HVAC system, and privacy and blackout shades as well as custom drapery on all windows.

116 University Place is an elegant and discreet, 5-unit Condominium designed by Morris Adjmi Architects and built in 2018. It features a Doorman, a professionally landscaped rooftop terrace, a gym, and walk-in private storage lockers for all residences.

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Listing courtesy of Compass

Pricing History

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About 116 University Place

82

116 University Place has received a CityRealty Rating of 82, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

29
Out of 44
+
28
Out of 36
+
15
Out of 39
+
10
=
82
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unrelated Base 0 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
1 5 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Attended Lobby
  • Post War
  • Resident Storage
  • Central AC
  • Rooftop Terrace
  • Elevator
  • Fitness Center
  • Rooftop Terrace
  • Outdoor Entertainment Space
  • Laundry Room
  • In-Unit Washer/Dryer

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Pros
  • Elegant boutique condo with very few units
  • Large, coffered windows
  • Entrance marquee
  • Roof deck with outdoor kitchen
  • Fitness center
  • Good Greenwich Village location
  • Close to Union Square
Cons
  • No sidewalk landscaping
  • No concierge
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Subways

  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
  7. L
at Broadway and 14th 0.10 miles
  1. M
  2. 1
  3. 2
  4. 3
  5. F
at 6th Ave and 14th 0.29 miles
  1. B
  2. D
  3. A
  4. C
  5. E
at 6th Ave and Waverly Pl 0.44 miles

Aerial Imagery

 

Pricing comparison

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