- Year built
- 1907
- Type
- Condominium
- Units
- 26
- Landmark
- Designated
- Pets
- Pets, including dogs, permitted under the condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
10 East 12th Street is one of the most coveted boutique loft addresses in Greenwich Village — a 1907 masonry building, converted to condominium in 1982, that delivers exactly what downtown loft buyers chase and rarely find: large, light-filled, full-floor and half-floor apartments in a low-density, well-run building on a prime Village block between Fifth Avenue and University Place.
The location is close to the geographic and social center of the Village. It sits a short walk from Union Square's transit and greenmarket, the Fifth Avenue corridor, and the restaurant-and-shopping fabric that defines the neighborhood, while the block itself — within the Greenwich Village Historic District — retains the quiet, protected character that makes the area one of Manhattan's most durable residential markets.
Architecture and unit composition
The building was designed in 1907 by architect Samuel Sass and built as a commercial loft structure; the original builder's name remains carved into the façade. It was converted to a 26-unit residential condominium in 1982, with residences laid out two per floor — a configuration that yields generous full-floor and half-floor apartments with the high ceilings, wide column spacing, and big windows characteristic of prime prewar loft stock.
The conversion preserved the building's loft DNA: open, flexible floor plates rather than chopped-up rooms. Penthouse-level units carry private roof terraces. The building is keyed-elevator served, with a video-intercom entry and a live-in superintendent — a deliberately boutique, low-staff operating model that keeps monthly carrying costs notably modest for the size of the apartments.
Building operations
10 East 12th Street runs as a self-managed-style boutique condominium with a live-in super, central laundry, bike room, and storage, but no doorman, gym, or garage. That lean staffing is a feature here, not a gap: it is a meaningful driver of the building's reputation for low common charges and taxes relative to the square footage delivered. Pets, including dogs, are permitted.
Buyers should review the offering plan, current financials, board minutes, and any reserve study during due diligence — standard practice for a boutique condominium where each owner's share of building costs is larger.
Recent sales
10 East 12th trades as a condominium, so pricing is read on a price-per-square-foot basis — and the apartments are large, so absolute prices are high even at moderate per-foot figures. Recent activity runs from roughly $2.5M for smaller resales up to $9.5M-plus for full-floor and penthouse units, with asking prices for the largest apartments reaching into eight figures and per-square-foot levels in the neighborhood of $1,900. Because there are only 26 units and the floor plans vary (half-floor versus full-floor, terrace versus none, renovation level), each sale is genuinely apartment-specific. The most reliable pricing evidence is the building's own trade history, adjusted for size, floor, and condition.
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF |
|---|---|---|---|---|
| Mar 14, 2007 | 2NW | 1,725 sf | $860,000 | $499/sf |
| Jan 23, 2007 | 9S | 2,778 sf | $4,600,000 | $1,656/sf |
| Mar 7, 2005 | 9S | 2,778 sf | $4,950,000 | $1,782/sf |
Market read. Most recent trades (2007) cleared a median $1,656/sf across 2 sales.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00569-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
You're buying loft scale in a low-density building. Full-floor and half-floor apartments with prewar bones, in a 26-unit building — this is rare product and the reason the address holds value.
Low carrying costs are part of the value. The lean operating model keeps common charges and taxes modest for the square footage. Confirm current figures, but the building's cost profile is a genuine advantage.
There's no doorman or gym. If full-service amenities are a requirement, weigh that against the space and the cost savings. Many Village loft buyers actively prefer the boutique model.
Historic-district context applies. The building is within the Greenwich Village Historic District; exterior alterations are regulated, which protects the block's character.
Condo flexibility is real. 30–45 day closings; pied-à-terre, investor, and foreign-buyer use permitted; subletting allowed under the declaration.
What to know if you’re selling
The loft layout is the headline. Full-floor light, ceiling height, and flexible space sell this building. Stage and photograph to show scale and the quality of light.
Price to the building's own comps. With 26 heterogeneous units, the persuasive evidence is 10 East 12th's recent trades adjusted for floor, size, terrace, and renovation level.
The cost story supports pricing. Low common charges and taxes for the square footage widen the qualified buyer pool and support value — make sure the figures are front and center.
Comparable buildings
If you're considering 10 East 12th Street, also evaluate:
- 21 East 12th Street — new-development condo on the same block; full-service contrast to the boutique loft model
- 18 East 12th Street — boutique Village condo around the corner
- 40 University Place — Village condo a block west
- 24 Fifth Avenue and 33 Fifth Avenue — established Fifth Avenue co-ops nearby for a tenure contrast
- 15 West 12th Street — full-service Village co-op a few blocks west
The Roebling Team at 10 East 12th Street
The Roebling Team at Compass specializes in Greenwich Village and the downtown loft market. We publish this profile because boutique-loft buyers and sellers deserve building-specific intelligence — the conversion history, the cost advantages of the lean operating model, and apartment-level pricing — not generic neighborhood commentary.
If you're considering a purchase or sale at 10 East 12th Street, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Greenwich Village — read The Roebling Team Guide to Greenwich Village.
Get the full picture on this building.
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