20 University Place, Manhattan, NY 10003

$880,000 Sold Aug 2026 · Unit 14L

$129,147,000 Assessed value

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Building

Building size420,000 sq ft
Building dimensions188 × 208 ft
Stories25
Basement / garden levelYes — below ground
Sq ft per floor16,800 sq ft
Year built1965

Lot

Lot dimensions188.5 × 209 ft
Lot area40,520 sq ft
FEMA flood zoneX — minimal risk

Details

Units330
ZoningC1-7
Building classD4
OwnershipCo-op building
ConstructionLight Brick / 0 (landmarks record)
Block / lotBlock 566 / Lot 18

Floor Area Ratio (FAR)

Built FAR10.37
Max residential FAR6.02
Max commercial FAR2.00
Max facility FAR6.50

Taxes

Last recorded sale$880,000 (Aug 2026)
Assessed value$129,147,000
Tax class2
Annual property tax$6,729,825
Exemptions / abatements20 EAST 9TH STREET CORP
Rent regulatedCo-op

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About this property

20 University Place was built in 1965 — roughly 61 years old. This is a co-op building with 323 apartments — residents own shares in the corporation that owns the building, rather than their apartments outright. Apartments average about 1,300 sq ft (building area divided by apartment count — individual units vary). For property-tax purposes it falls under Class 2 (residential buildings with four or more units, condos and co-ops), taxed at 12.439% of a taxable value based on 45% of the city’s income-derived market value. The corporation pays one building-wide tax bill — about $6,729,825 per year — passed to residents through monthly maintenance in proportion to each apartment’s share allocation. A straight average works out to roughly $20,835 per apartment per year, though larger apartments carry more shares (and many primary residents get the co-op/condo abatement on top). The most recent recorded sale in the building was unit 14L, for $880,000 in Aug 2026.

City landmark records describe it as an apartment building dating to 1965, originally used as residential, multi-family. It stands within the Greenwich Village Historic District.

The building already exceeds what current residential zoning would allow (10.37 built FAR vs. a residential maximum of 6.02) — typically a grandfathered or overbuilt structure that could not be rebuilt to this size under today’s rules. Those figures are for residential use — a community-facility use (a doctor’s office, clinic, or school) raises the ceiling to 6.50 FAR, and the lot also carries a commercial allowance of 2.00 FAR. This lot is associated with a co-op; individual apartments are owned as shares and taxed through the building.

Recent sales in Manhattan

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Data: NYC Department of Finance and Dept. of City Planning (PLUTO) via NYC Open Data. Figures are public records, may lag current bills, and can exclude abatements. Not financial advice.