THE CONDO BOOK PROJECT

64 University Place Condominium

64 University Place, Manhattan, NY 10003

Overview

64 University Place is a new 28-unit condo between East 10th and 11th Streets. Its offering plan details Miele kitchens and Dornbracht baths, a small amenity package with a rooftop and garden, a 24-hour lobby, a first-year budget under $1 million, and a managing agent tied to one of the sponsor's principals.

  • What it is: new construction on University Place between East 10th and East 11th Streets, about 65 feet wide. The plan was accepted for filing in October 2022 and projected a first year of operation starting December 2023.
  • Size: 28 homes, 28 storage lockers, 1 retail unit and 1 community facility unit. No parking and no pool.
  • Layouts: one-bedrooms from about 840 sq ft up to three-bedrooms of about 2,600 sq ft. The two penthouses are about 3,650 and 3,970 sq ft inside, with terraces.
  • Offering prices: in the original price list, homes ran from about $2 million to $17 million, about $127 million in total. These are asking prices, not sales. State records list a later total of about $135.5 million.
  • Common charges: roughly $1,400 to $9,700 a month, depending on the unit, under the sponsor's first-year projection.

Compare

FigureThis building1111 Charles219 units · 0.6 miaccepted 2023435 W. 19th321 units · 1 miaccepted 2022
Common ChargesPer Square Foot / Month$1.86 ⚠In line$2.74$1.52
Average Offering PricePer Apartment$4.53MAbove peers$4.24M$2.56M
Average PricePer Square Foot$3,061Above peers$3,025$2,257
Average Unit SizeSquare Feet1,479 SFLarger1,401 SF1,135 SF

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Unit mix, closings, budgets, finishes and the team, against 111 Charles and 435 W. 19th, cited to the offering plans. No credit card required.

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How We Got This
  • Comps: the closest Manhattan plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

⚠ Read from a partly legible Schedule B.

Closings Pro

Homes closed100% of the homes in Schedule A28 of 28
Closing prices vs. Schedule A28 homes: $135,833,613 at closing against $126,800,000 in Schedule A (p. 71)+7.1%
Average closing price28 homes, on their Schedule A square feet$3,279 / SF
Closingsfirst and latest recordedSep 11, 2024 – Nov 13, 2024

Sales recorded with the Department of Finance (ACRIS) through Jul 31, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 28 closings
HomeRecordedClosing priceSchedule ADifference
2DSep 11, 2024$2,545,625$2,400,000 p. 71+6.1%
3CSep 13, 2024$2,112,869$2,075,000 p. 71+1.8%
4CSep 13, 2024$2,215,203$2,150,000 p. 71+3%
5CSep 13, 2024$2,316,519$2,225,000 p. 71+4.1%
7BSep 13, 2024$2,971,254$2,900,000 p. 71+2.5%
4ASep 16, 2024$3,350,000$3,650,000 p. 71−8.2%
5ASep 16, 2024$7,035,500$6,995,000 p. 71+0.6%
3ASep 19, 2024$3,971,076$3,575,000 p. 71+11.1%
5BSep 19, 2024$3,340,915$3,225,000 p. 71+3.6%
6ASep 19, 2024$7,242,221$7,095,000 p. 71+2.1%
2ASep 20, 2024$3,572,625$3,500,000 p. 71+2.1%
2CSep 20, 2024$2,031,409$1,995,000 p. 71+1.8%
6BSep 20, 2024$3,368,475$3,300,000 p. 71+2.1%
6CSep 20, 2024$2,341,975$2,300,000 p. 71+1.8%
7ASep 23, 2024$3,500,000$3,750,000 p. 71−6.7%
3DSep 25, 2024$2,525,260$2,450,000 p. 71+3.1%
4BSep 25, 2024$3,249,985$3,150,000 p. 71+3.2%
7CSep 26, 2024$4,775,579$4,650,000 p. 71+2.7%
4DSep 30, 2024$2,545,625$2,500,000 p. 71+1.8%
2BOct 4, 2024$3,295,491$2,995,000 p. 71+10%
8AOct 4, 2024$6,683,871$6,500,000 p. 71+2.8%
8BOct 7, 2024$3,003,838$2,950,000 p. 71+1.8%
8COct 8, 2024$2,443,800$2,400,000 p. 71+1.8%
9AOct 9, 2024$9,811,125$8,995,000 p. 71+9.1%
9BOct 9, 2024$3,098,250$3,000,000 p. 71+3.3%
3BOct 15, 2024$3,075,000$3,075,000 p. 710%
PHANov 12, 2024$19,500,000$16,000,000 p. 71+21.9%
PHBNov 13, 2024$19,910,125$17,000,000 p. 71+17.1%

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Budget

What It Costs to Run

The sponsor projects a first-year budget of about $922,000 (December 2023 to November 2024). Residential owners carry about $906,000 of it. The biggest lines:

Budget lineApprox. first-year cost
Staff wages, taxes and benefits$507,000
Electricity for common areas$93,000
Insurance$70,000
Service contracts (elevator, fire alarm, boiler and more)$59,000
Management fee$45,000
Water and sewer$42,000

Staff is about 55% of the budget, a high share that comes from paying for a 24-hour door across only 28 homes. Repairs and maintenance get just $20,000, and landscaping for the garden and planting areas about $11,000.

Common charges run roughly $1,400 a month for a one-bedroom to about $9,700 for Penthouse A. Estimated property taxes add about $1,100 to $7,300 a month. The plan warns taxes may rise materially once the finished building is reassessed. Read more on common charges, estimating condo property taxes and why operating costs differ.

Good to know: the budget sets aside only about $18,000 as a contingency for repairs and reserves. At closing you pay a working capital contribution of two months' common charges, and resale buyers pay it too. See reserve funds in NYC condos.

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

The Building

Finishes

Kitchens

Every kitchen is Miele: a fully integrated refrigerator, a gas cooktop, an electric wall oven, an integrated hood and a dishwasher. There's also a Marvel wine cooler, a Blanco sink and a Dornbracht Tara faucet. Cabinets are grey-stained oak.

  • Counters on floors 2 to 9: Blue Savoy grey marble, honed.
  • Penthouse counters: Calacatta Borghini white marble, honed.
  • Larger layouts: add a Miele speed oven, and the biggest get a 36-inch refrigerator and cooktop.

See gas vs. induction stoves in NYC condos and marble countertops in NYC condos.

Bathrooms

Fittings are Dornbracht (Tara faucets and accessories, IMO rain showers) with wall-hung Duravit toilets and sinks. Primary baths get a walk-in shower and, in many layouts, a freestanding Victoria + Albert tub. In typical homes, primary baths are Super White quartzite. Penthouse primary baths are Calacatta Borghini marble, and penthouse powder rooms use green marble. For context, see bathroom brands in NYC luxury condos.

Floors and Windows

  • Floors: light white-oiled oak in a chevron pattern (Havwoods or similar, about 4¾-inch boards) over an acoustic underlayment. See herringbone and chevron floors.
  • Windows: an aluminum and glass window wall with in-swinging doors. Fireplace surrounds are grey limestone.

Laundry, Heating and Cooling

  • Laundry: every home has a Whirlpool washer and ventless dryer. There's also a shared laundry room in the cellar.
  • Heating and cooling: LG VRF heat pumps with an energy recovery ventilator for fresh air. Hot water comes from central gas heaters.
  • Utilities: your electricity, including heating and cooling, is submetered and billed by the condo. Cooking gas has no unit meters and is a shared cost.

Compare with heating and cooling systems in NYC condos.

Listings: 64 University Place on StreetEasy

Amenities, Staffing & Transportation

For 28 homes, the list is short and practical:

  • Cellar: a fitness studio (treadmills, bike, free weights and a functional training system) with its own restroom, the laundry room, bike storage and the storage room.
  • Ground floor: the lobby, a shared living room with a gas fireplace, a garden courtyard, a mailroom and a package room.
  • Roof: a shared rooftop terrace with dining and lounge furniture.

Good to know: these are small spaces. The plan caps the rooftop at 18 people, the living room at 19 and the garden at 7. Homes near the gym, garden or rooftop may hear noise, and the board isn't required to fix that.

Tip: storage lockers are sold separately as licenses, not deeded units. They were priced at about $25,500 to $63,000, with fees of $20 to $32 a month. The storage room is below grade, and the plan warns it may not stay dry. Compare with amenities by building size and condo storage units.

Staffing and Services

The first-year budget pays for:

  • 1 superintendent
  • About 5.2 full-time-equivalent doormen, enough to staff the lobby 24 hours a day, 7 days a week
  • A part-time porter (0.2 of a position)

The plan says the lobby will be attended around the clock from the first closing, but full staffing and some amenities may take 12 months or more. See what a doorman costs in an NYC condo for context.

Transportation

  • Subway: 4 min walk to 14 St-Union Sq 4 5 6 B D F L M N Q R W; 8 St-NYU R W, 5 min

Fine Print

What's Specific to It

  • A boutique building. Just 28 homes on floors 2 through 11, mostly three or four per floor, with two penthouses on top.
  • Managing agent tied to the sponsor. Argo Real Estate manages the building. One of the sponsor's two principals, Mark Moskowitz, is Argo's president and CEO.
  • Gas cooking and gas fireplaces. Kitchens get Miele gas cooktops. The two penthouses and the ground-floor living room have gas fireplaces.
  • Big penthouse terraces. Penthouse A has about 2,030 sq ft of terrace. Several homes on floors 7 to 9 also have terraces.
  • Commercial neighbors. The building includes a retail unit and a community facility unit the sponsor expects may be used as an art exhibition space. Owners have no say over most of their uses.
  • Sponsor keeps the air rights. The sponsor retains any unused development rights on the lot.

Listing photos of 64 University Place can show you the finishes. The offering plan, the document the developer filed with the New York Attorney General, tells you how the building will be run and what you agree to when you buy. New to these documents? Start with what a condo offering plan is.

Fine Print Worth Knowing

  • Sponsor control. While the sponsor controls it, the board can't change staffing, add services or build reserves without the sponsor's consent.
  • Rental and resale rules. Leases must be at least one year, with no short-term rentals, and the board has a right of first refusal on sales and rentals. Pets are limited to two dogs, cats, caged birds or fish without board consent.
  • Deposit and claims. The deposit is 15% of the price, and there's no financing contingency. You have three years from closing, not the usual six, to bring a claim against the sponsor.
  • Commercial units. The retail and community facility units can be used for almost any lawful purpose, possibly after hours. As filed, they lack the venting for a restaurant that cooks on site.
  • Not landmarked, not in a flood zone. The plan says the site isn't in a landmark district or a flood zone. The condo board pays for future facade inspections, which the plan warns could be costly.

Terraces sit on roofs over other homes, so owners handle routine upkeep and the board handles leaks and structural work. See condo terrace repairs: who pays.

Team

The plan doesn't name an interior designer.

Nearby

FAQ

Does 64 University Place have a doorman?

Yes. The budget pays for about 5.2 doormen, enough to staff the lobby 24 hours a day, plus a superintendent. The plan says the lobby will be attended around the clock from the first closing.

How much are common charges at 64 University Place?

Under the sponsor's first-year projection, roughly $1,400 to $9,700 a month depending on the unit, with estimated property taxes of about $1,100 to $7,300 a month on top.

Do the apartments have washers and dryers?

Yes. Every home gets a Whirlpool washer and ventless dryer, and there's a shared laundry room in the cellar.

Where this comes from: the building's offering plan (CD220127), filed with the New York Attorney General, including its Schedule A price list and Schedule B first-year budget. Prices are the sponsor's offering prices, not sales. Updated October 2026.