RealtyLens
for saleRealtyLens property overview
$11,800,000

116 University Pl Unit Ph

Manhattan, NY, 10003
View more Manhattan, NY property pages
4Beds
3.5Baths
3,127Sqft
$3774$/sqft

Listing Notes

Penthouse Paradise in the Heart of Greenwich Village! Perched atop one of downtown's most coveted addresses, this exceptional full-floor penthouse offers the ultimate expression of modern Village living. Designed by Morris Adjmi Architects and masterfully curated by acclaimed interior designer Amie Weitzman, this three-bedroom residence with a library (or fourth bedroom) seamlessly blends refined contemporary design with warm, livable elegance. Spanning approximately 3, 127 square feet of interior space, the home is complemented by a spectacular 1, 361-square-foot private roof terrace-fully landscaped, irrigated, and equipped with an outdoor kitchen-ideal for alfresco dining, entertaining, or simply taking in sweeping views toward Union Square and across downtown Manhattan. A private elevator opens directly into a grand entrance gallery, leading to expansive corner living and dining areas framed by 16 oversized windows and nearly 11-foot ceilings. Flooded with natural light from both north and south exposures, these spaces offer an airy, loft-like feel while maintaining a sense of intimacy and sophistication. The chef's kitchen, custom-designed by Smallbone of Devizes, is both striking and highly functional. It features hand-painted cabinetry, Calacatta marble countertops and backsplash, and a dramatic waterfall island. Top-of-the-line Miele appliances include a six-burner gas range, dual ovens, two dishwashers, wine refrigerator, and a generous walk-in pantry-perfectly suited for both everyday living and entertaining. Private quarters are thoughtfully separated and equally impressive. The primary suite is a serene retreat, complete with a dressing area and over 28 linear feet of custom designed walk-in closet space. Its spa-like, windowed bathroom features a beautiful walnut double vanity, deep soaking tub, and oversized glass-enclosed shower, finished in exquisite Calacatta and limestone. Additional bedrooms offer open city views and are complemented by beautifully appointed bathrooms. Additional highlights include wide-plank white oak flooring, multi-zone HVAC, integrated sound wiring, a utility room with vented washer/dryer and sink and abundant storage. Two private storage units transfer with the residence. 116 University Place offers a full-service lifestyle with an attended lobby and state of the art fitness center, embodying the very best of downtown luxury living!

Market Insights

Above nearby median+34%

$3774/sqft vs a nearby median of $2825/sqft.

Nearby median$2825/sqft
Nearby properties12
Property size3,127 sqft
  • +34% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 3,127 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$9.50M$8.64M$10M · 50% confidence
vs ask $12M+$2.30M (+19.5%)

Asking price is about 19.5% above where comps + adjustments land — there is room to negotiate.

$2,825/sqft median across 12 tight comps × 3,127 sqft= $8.83M
  • Transit access+$353k +4.0%
  • High-density walkability+$177k +2.0%
  • Modern construction+$133k +1.5%
Cumulative NYC adjustments+$663k+7.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+34% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
25 days
Last price change
No change recorded
Listed
Apr 17, 2026
Photos
29 photos
Property type
condos
Status
for sale

Features & Amenities

DoormanElevatorTwo Or More StoriesModern KitchenOutdoor KitchenHigh CeilingLibraryElevatorWater ViewViewsChefs KitchenWalk In PantryWalk In ClosetDenSpa Like EnsuiteSpa Like BathroomSoaking Tub

Photos

Building Facts

Year built
2018
Stories
6
Total units
11
Residential units
5
Building area
18,236 sqft
Lot size
3,335 sqft
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 4, 2026Initial record
$11,800,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.