116 University Place Full-Floor Greenwich Village Living by Morris Adjmi
Overview
116 University Place stands as one of Greenwich Village's most discreet residential offerings - a boutique condominium of just five full-floor residences designed by Morris Adjmi Architects. Completed in 2018, the six-story building marries the neighborhood's storied architectural heritage with contemporary craft, featuring a corbelled brick facade that nods to the Village's historic streetscape while announcing something unmistakably new.
Inside, each residence occupies an entire floor, delivering the spatial generosity and privacy of a townhouse with the convenience of condominium living. Interiors showcase Smallbone of Devizes kitchens - the revered British cabinetmaker rarely found in New York residential projects - paired with Calacatta marble countertops and backsplashes that elevate every surface to gallery-level refinement.
For discerning buyers who value exclusivity over spectacle, 116 University Place offers something increasingly rare in Manhattan: genuine scarcity. With only five homes in the entire building, residents enjoy an intimacy and sense of ownership that larger developments simply cannot replicate.
116 University Place at a Glance
116 University Place, New York, NY 10003
Ranger Properties & Sagamore Capital
Morris Adjmi Architects
2018
5
6
Condominio
Greenwich Village
116 University Place Condos for Sale
Why Buyers Choose 116 University Place
116 University Place attracts buyers who understand that true luxury is measured in scarcity and craftsmanship, not in amenity counts.
Unmatched Exclusivity
With only five residences in the entire building, 116 University Place offers a level of privacy and exclusivity that is virtually impossible to find in new Greenwich Village construction. One residence per floor means no shared hallways and complete spatial autonomy.
Smallbone Kitchens - A New York Rarity
Smallbone of Devizes kitchens are a hallmark of the world's finest residences. Finding this level of bespoke British cabinetmaking in a Manhattan condominium is exceptional, and it signals a developer commitment to craft over convention.
Morris Adjmi's Contextual Design
Morris Adjmi's corbelled brick facade does not simply decorate - it converses with the Village's architectural legacy. Buyers here invest in a building that will age gracefully and maintain its relevance within one of Manhattan's most architecturally sensitive neighborhoods.
Greenwich Village Walkability
Steps from Union Square's transit hub, greenmarket, and restaurant scene, 116 University Place delivers daily convenience that penthouse towers in less connected neighborhoods cannot replicate. This is true Village living at its most refined.
Our Take on 116 University Place
116 University Place is not a building that markets itself — and that is a significant part of its appeal. With only five full-floor residences, it operates below the radar of most Manhattan buyers, which is exactly what its residents prefer. For our clients seeking Greenwich Village addresses with genuine exclusivity, this is consistently among our first recommendations.
The Smallbone kitchens and Calacatta marble finishes place the interiors firmly in the ultra-luxury category, while Morris Adjmi's architecture ensures the building contributes meaningfully to the Village streetscape. Unlike many boutique developments that sacrifice location for novelty, 116 University Place delivers both — a one-minute walk to Union Square is an extraordinary convenience.
From an investment perspective, the extreme scarcity of this building works strongly in owners' favor. Resale inventory at 116 University Place is rare by definition, and Greenwich Village's enduring desirability provides a stable foundation for long-term appreciation. For buyers who prioritize discretion and quality over spectacle, this building merits serious consideration.
Acquirenti internazionali benvenuti
I cittadini stranieri possono acquistare condomini a Manhattan senza alcun requisito di visto o di residenza. Molti acquirenti internazionali ricorrono a LLC per ragioni di riservatezza e di pianificazione patrimoniale. Manhattan Miami è specializzata nell'accompagnare gli acquirenti internazionali lungo l'intero processo di acquisizione, dalle soluzioni di finanziamento alle procedure di chiusura.
Consulta la nostra guida per l'acquirente internazionale →About 116 University Place
116 University Place represents a rare intersection of Greenwich Village heritage and contemporary luxury. Designed by Morris Adjmi Architects, the six-story condominium delivers just five full-floor residences - an offering so limited that it barely registers on the Manhattan development landscape, and that is precisely the point. For buyers seeking discretion and genuine scarcity, few addresses in the Village compete.
The building's corbelled brick facade speaks the architectural language of Greenwich Village while signaling a refined modernity within. Inside, Smallbone of Devizes kitchens anchor each residence with British craftsmanship rarely encountered in New York, complemented by Calacatta marble surfaces and wide-plank European oak flooring that together create interiors of understated sophistication.
Location amplifies the appeal considerably. Positioned on University Place between 12th and 13th Streets, residents are a one-minute walk from Union Square - one of Manhattan's most dynamic public spaces and transit hubs. The surrounding blocks offer some of the city's finest dining, from Gramercy Tavern to Blue Hill, while the independent shops and cultural institutions that define the Village are literally at the doorstep.
For our clients evaluating Greenwich Village opportunities, 116 University Place occupies a distinct niche: the full-floor townhouse alternative in condominium form. With only five residences, the building offers a level of privacy and exclusivity that larger developments cannot match, while Morris Adjmi's design ensures the architecture itself is a lasting asset. In a neighborhood where new construction is exceedingly rare, this building's long-term value proposition is compelling.
Explore luxury condos in New York City or view Billionaires' Row for ultra-luxury developments. For international buyers, see our NYC guide for foreign purchasers.
Collezione di residenze
Full-Floor Residence
2,400-2,800 SF
Premium Full-Floor
2,800-3,200 SF
Penthouse
3,200+ SF
Residences from $6,750,000
World-Class Amenities
Smallbone of Devizes Kitchens
Each residence features handcrafted Smallbone kitchens - the legendary British cabinetmaker's bespoke designs paired with Calacatta marble and top-tier integrated appliances.
Full-Floor Privacy
With only one residence per floor, every home offers a private elevator landing and the spatial freedom of townhouse living without shared walls or hallways.
Greenwich Village Address
Set on University Place between 12th and 13th Streets, residents are steps from Union Square, world-class dining, and the cultural richness of the Village.
Kitchen & Bath
- Smallbone of Devizes cabinetry
- Calacatta marble countertops and backsplashes
- Integrated Sub-Zero and Wolf appliances
- Radiant heated bathroom floors
Interior Finishes
- Wide-plank European white oak flooring
- Ceiling heights exceeding 10 feet
- Oversized casement windows
- Custom millwork throughout
Building Services
- Private keyed elevator access
- Full-time virtual doorman system
- Secure package room
- Bicycle storage
Climate & Systems
- Individual central HVAC systems
- In-unit Miele washer and dryer
- Multi-zone climate control
- Energy-efficient building systems
Private Outdoor Space
- Shared rooftop terrace
- Penthouse private terrace
- Landscaped communal areas
- Al fresco entertaining options
Technology
- Pre-wired for smart home integration
- High-speed fiber optic connectivity
- Lutron lighting control systems
- USB and integrated charging stations
Security
- 24/7 virtual doorman
- Private keyed elevator
- Video intercom system
- Secure entry with fob access
Storage
- Private storage available
- Secure bicycle room
- Package room with cold storage
- Walk-in closets in every residence
I visionari
Morris Adjmi
Architect
Greenwich Village - Manhattan's Cultural Heartbeat
116 University Place places you at the crossroads of Greenwich Village's legendary cultural heritage and modern Manhattan convenience. Steps from Union Square's greenmarket and surrounded by some of the city's finest restaurants, galleries, and boutiques, this address delivers an authentic Village lifestyle that few new developments can match.
Dining & Nightlife
Greenwich Village boasts one of the densest collections of acclaimed restaurants in Manhattan, from intimate Italian trattorias to Michelin-starred destinations.
Parks & Green Space
Union Square Park anchors the neighborhood with its iconic greenmarket, seasonal events, and open green space - a daily amenity just steps from the front door.
Shopping & Culture
From the independent bookshops of the Village to the flagship stores along Broadway, this location offers shopping and cultural experiences unmatched anywhere in the city.
Transportation
Union Square is one of Manhattan's most connected transit hubs, offering access to the 4/5/6, N/Q/R/W, and L subway lines - reaching virtually every corner of the city within minutes.
Con cosa confrontano gli acquirenti
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Luxury Neighborhoods in Manhattan
Scopri i condomini di pregio
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Il corridoio residenziale più esclusivo al mondo
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Scopri i condomini di pregio a Miami →
Residenze firmate & vita fronte mare nel Sud della Florida
Domande frequenti
How many residences are at 116 University Place?
116 University Place consists of just five full-floor residences across six stories, making it one of the most exclusive boutique condominiums in Greenwich Village. Each home occupies an entire floor with a private elevator landing.
Who designed 116 University Place?
The building was designed by Morris Adjmi Architects, known for contextual designs that honor neighborhood character. The corbelled brick facade reflects the historic architectural language of Greenwich Village while introducing a distinctly modern sensibility.
What are Smallbone of Devizes kitchens?
Smallbone of Devizes is a prestigious British cabinetmaker founded in 1976, renowned for handcrafted, bespoke kitchen designs. At 116 University Place, each residence features custom Smallbone kitchens - a rare distinction in New York City residential development.
What is the Greenwich Village neighborhood like?
Greenwich Village is one of Manhattan's most coveted neighborhoods, celebrated for its tree-lined streets, historic townhouses, vibrant cultural scene, and world-class dining. 116 University Place sits steps from Union Square, offering unmatched convenience alongside Village charm.
Are there outdoor spaces at 116 University Place?
The building features a shared rooftop terrace available to all residents, and the penthouse residence includes a private terrace with sweeping views over the Greenwich Village skyline and beyond.
What is the price range at 116 University Place?
Residences at 116 University Place are priced from approximately $6.75 million. Pricing reflects the building's exceptional scarcity - only five homes - along with bespoke finishes including Smallbone kitchens and Calacatta marble throughout.
Your 116 University Place Awaits
I nostri specialisti forniranno prezzi personalizzati, planimetrie e incentivi esclusivi riservati dallo sviluppatore.
116 University Place, New York, NY 10003
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Analisi del mercato immobiliare di Manhattan
Contesto di mercato: I prezzi dei condomini di lusso a Manhattan sono segmentati per sub-mercato. Il corridoio di Billionaires’ Row (57th Street, tra Park Avenue e Columbus Circle) registra il prezzo per piede quadrato più alto degli Stati Uniti, con residenze di massimo prestigio scambiate a $4,000-$10,000+ per SF. Downtown Manhattan (Tribeca, West Village, Soho) ha un proprio segmento ultra luxury, sostenuto dall'offerta limitata di nuovi sviluppi. Le mediane dei condomini di Upper East Side e Upper West Side si collocano sensibilmente al di sotto dei livelli trophy di downtown, ma offrono superfici più ampie e l'accesso a Central Park. I prezzi a Manhattan restano sensibili ai tassi di interesse, agli scaglioni della Mansion Tax e alla fase del piano di offerta di ciascun edificio.
Prospettiva sui progetti: I nuovi sviluppi venduti direttamente dallo sponsor nel 2026 comprendono 80 Clarkson (West Village), 255 East 77th (Upper East Side), 140 Jane (West Village), 1122 Madison (Carnegie Hill) e Mandarin Oriental Fifth Avenue. Tra gli edifici completati con sponsor inventory residua figurano Central Park Tower, 220 Central Park South, 53 West 53, 111 West 57th e 50 West 66th. Ciascuno presenta una storia dello sponsor, un finanziatore del cantiere, un ritmo di emendamenti al piano di offerta e uno stato del 421-a o di altre agevolazioni fiscali distinti, da verificare individualmente in sede di due diligence.
Segnale per l'acquirente: I punti di forza strutturali di Manhattan comprendono la procedura del piano di offerta vigilata dal Procuratore Generale di New York (offre una tutela procedurale a favore dell'acquirente non disponibile su piazze meno regolamentate), la profondità del mercato della rivendita (elevata liquidità in uscita) e l'offerta contenuta nel breve periodo (capacità urbanistica limitata nei sub-mercati principali). Rischi da valutare al contratto: la progressione degli scaglioni della Mansion Tax oltre $2M, l'assunzione delle imposte di trasferimento da parte dell'acquirente nelle vendite sponsor, l'esposizione ai confini di lotto e ai corridoi visivi su lotti specifici, i regolamenti del consiglio condominiale in materia di sublocazione e rivendita, e il calendario di uscita dal 421-a ove applicabile. Lo stato di ogni singolo progetto, il livello di sponsor inventory, gli emendamenti al piano di offerta presso il Procuratore Generale, i prezzi o la percentuale di vendita vanno verificati al momento della richiesta.
Fatti chiave
- Forbice $/SF dei condomini trophy di Manhattan: $1,500-$10,000+
- Media $/SF su Billionaires’ Row: $4,000-$10,000+
- $/SF trophy di downtown (Tribeca/West Village): $2,500-$6,000+
- Mansion Tax: 1% oltre $1M, scaglioni progressivi oltre $2M a carico dell'acquirente
- Acconto contrattuale sponsor tipico: 10%-20% alla firma
- Finestra standard di revisione dell'avvocato dell'acquirente: 1-3 giorni lavorativi dalla consegna del contratto
- Provvigione lato sponsor: lo sviluppatore paga l'agente dell'acquirente nelle vendite sponsor
- Programmi di agevolazione fiscale (ove applicabili): 421-a, J-51, stato verificato edificio per edificio
- Proprietà tramite LLC per cittadini stranieri: prassi comune, strutturata al contratto
Procedura per l'acquirente
Procedura delle vendite sponsor a Manhattan: modulo di prenotazione → consegna del piano di offerta → revisione dell'avvocato dell'acquirente → firma del contratto e acconto iniziale → delibera di mutuo (se finanziato) → closing alla consegna. Le procedure per la sponsor inventory e per la rivendita differiscono; è consigliabile una preparazione consulenziale prima delle visite.
FAQ sul mercato immobiliare di Manhattan
Che cos'è il piano di offerta del Procuratore Generale di New York?
Il piano di offerta è il documento legale depositato presso il Procuratore Generale di New York che disciplina la vendita di ogni condominio di Manhattan. Definisce la gestione degli acconti, le specifiche delle unità, le spese comuni, le imposte immobiliari, gli obblighi dello sponsor e le tutele dell'acquirente. Nessuna vendita di condominio a Manhattan si perfeziona al di fuori del quadro di un piano di offerta accettato; gli emendamenti vengono depositati periodicamente ed esaminati dagli avvocati degli acquirenti al contratto.
Che cos'è la sponsor inventory?
Per sponsor inventory si intendono le unità invendute ancora detenute dallo sviluppatore dell'edificio (lo “sponsor”). Le unità sponsor sono nuove, mai abitate, e possono comportare prezzi negoziabili, crediti sui costi di closing e l'accesso ai programmi di agevolazione fiscale ove l'edificio ne disponga. Le transazioni lato sponsor seguono il piano di offerta, non il contratto standard di rivendita.
Quali agevolazioni fiscali si applicano a Manhattan?
Il 421-a è l'agevolazione più comune per i condomini di Manhattan e riduce l'onere delle imposte immobiliari per un periodo da 10 a 25 anni sui nuovi sviluppi che ne hanno i requisiti. Il J-51 riguarda specifici edifici riqualificati. Ogni agevolazione ha un calendario di uscita e uno stato di qualificazione proprio dell'edificio, da verificare nel piano di offerta e nel certificato fiscale più recente.
Quali costi di closing si applicano a un condominio di Manhattan?
I costi di closing tipici a carico dell'acquirente vanno dal 2% al 4% del prezzo e comprendono le imposte di trasferimento di NYC e dello Stato di New York (spesso assunte dall'acquirente nelle vendite sponsor), la Mansion Tax (1% oltre $1M con scaglioni progressivi oltre $2M), la title insurance, l'onorario dell'avvocato dell'acquirente, l'imposta di registrazione del mutuo se finanziato, e il rateo di spese comuni e imposte immobiliari.
Le common charges coincidono con le spese HOA?
No. I condomini di Manhattan usano il termine “common charges” (spese comuni), non spese HOA. Le common charges finanziano la gestione dell'edificio, il personale, le amenity e le riserve. Le imposte immobiliari sono fatturate separatamente da NYC e non rientrano nelle spese comuni.
Come viene remunerata Manhattan Miami nelle transazioni a Manhattan?
Negli acquisti di nuovi sviluppi lato sponsor, è lo sviluppatore a pagare la provvigione dell'agente dell'acquirente a Manhattan Miami. La rappresentanza dell'acquirente non comporta alcun esborso a suo carico. Nelle transazioni di rivendita, le condizioni di provvigione vengono comunicate al conferimento dell'incarico.