- Year built
- 1912
- Type
- Condominium
- Units
- 19
- Floors
- 12
- Landmark
- No
- Pets
- Confirm current house rules at offer stage
Every recorded sale at this building, 2003–2024
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,021
- Listing discount
- 5.3%
- Recorded sales
- 21
- On record
- 2003–2024
116 West 14th Street — known as "Union Lane" — is a twelve-story loft condominium at the convergence of Greenwich Village, Chelsea, and Flatiron, between Sixth and Seventh Avenues. Built around 1912 as a turn-of-century loft and converted to condominium in 1997, it holds approximately 19 to 20 residential units above two commercial floors.
The proposition is loft-like living at one of the best-connected corners downtown. Many homes have been combined into larger two- and three-bedroom layouts, and the building offers a finished roof deck and a live-in superintendent. Near the F/M/L at 14th/6th and the 1/2/3 at 14th/7th, it puts a buyer at the seam of three of Manhattan's most desirable neighborhoods.
Building operations
The condominium runs lean and loft-appropriate: a video intercom, a key-locked elevator, common storage, a finished roof deck, and a live-in superintendent, with no doorman — the right service level for a boutique loft building, and a factor in keeping common charges contained. The finished roof deck is a meaningful amenity at this scale, and the building is not landmarked.
As a condominium, ownership is by deed: purchases are subject to the condominium's right of first refusal rather than board approval, and financing, pied-à-terre use, and subletting are generally more flexible than in a co-op. Confirm the current pet policy, common charges, real estate taxes, and any assessments at offer stage.
Recent sales
Condo pricing is read on a price-per-square-foot basis, and 116 West 14th trades at Village/Chelsea loft levels — roughly in the $1,300–1,800/sf range in feel, depending on the home. With only about 19 to 20 residential units and many combined into larger layouts, resale volume is thin, with a small number of closings in an active year. When underwriting a purchase or a list price, isolate the residential units from the commercial floors, and capture the floor, whether the home is a combination, the exposure, and renovation condition rather than relying on a neighborhood average. Genuinely variable financial figures should be confirmed at offer stage.
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 | vs. Ask |
|---|---|---|---|---|---|
| Jul 3, 2024 | 4 | 4 BR · 3.5 BA · 4,100 sf | $4,185,000 | $1,021/sf | -11.9% |
| Feb 13, 2020 | 10N | 3 BR · 2 BA · 2,092 sf | $2,950,000 | $1,410/sf | -13.1% |
| Apr 10, 2017 | 9S | 3 BR · 2,095 sf | $3,385,000 | $1,616/sf | +2.7% |
| Jun 29, 2016 | 7S | 3 BR · 2,095 sf | $3,210,000 | $1,532/sf | +10.9% |
| Feb 20, 2014 | 3 | 4 BR · 4,100 sf | $5,200,000 | $1,268/sf | -4.6% |
| Jul 23, 2012 | 7N | 3 BR · 1,940 sf | $1,675,000 | $863/sf | -6.4% |
| Jul 12, 2012 | 7F | 1,763 sf | $1,675,000 | $950/sf | off-mkt |
| Nov 15, 2011 | 8N | 2 BR · 2,000 sf | $1,775,000 | $888/sf | -5.3% |
Market read. Most recent trades (2024) cleared a median $1,021/sf across 1 sale. Median listing discount 5.3% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00609-7502) 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
This is a condominium, so the path is a purchase application and the condominium's right of first refusal rather than a board interview — a more flexible process than a co-op on financing and use. Read the house rules on the points that matter to you, review the condominium's reserve and any planned capital work given the building's age, and confirm the split between residential and commercial floors. The reasons to buy are the location and the layouts: loft-like combined homes at the seam of Greenwich Village, Chelsea, and Flatiron.
What to know if you’re selling
The story is the location and the loft scale. The turn-of-century architecture, the 1997 conversion, the combined two- and three-bedroom layouts, and the finished roof deck sell to a specific buyer who wants loft living at a well-connected corner. Pricing is an apartment-specific exercise: floor, combination status, light, and condition drive the number more than any block average. We position the building's amenities and combined layouts, isolate the residential comps from the commercial floors, and benchmark against the right tier of Village and Chelsea loft condominiums.
Comparable buildings
If you're considering 116 West 14th Street, also look at these nearby Village, Chelsea, and downtown loft buildings:
- 832 Broadway — landmarked full-floor loft co-op near Union Square
- 79 Barrow Street — landmarked pre-war co-op in the core West Village
- 7 Bond Street — landmarked cast-iron loft condominium in NoHo
- 306 Mott Street — boutique loft-style condominium at the Nolita border
The Roebling Team at 116 West 14th Street
The Roebling Team at Compass specializes in Manhattan's pre-war cooperative and condominium market. We publish this profile because buyers and sellers of boutique loft condominiums deserve building-specific intelligence — the architecture and neighborhood context, the condominium structure, the staffing and amenity reality, and where pricing sits against the right comparable tier.
If you're weighing a purchase or sale at 116 West 14th Street, a 30-minute consultation is the right starting point.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Greenwich Village — read The Roebling Team Guide to Greenwich Village.
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