131 Thompson Street
131 Thompson Street, New York, NY 10012
SoHo
BBL 1005177501 · BIN 1008052
- Year built
- 1899
- Type
- Cooperative
- Units
- 38
- Floors
- 7
- Landmark
- Designated
- Pets
- Pet-friendly
- Subletting
- Allowed after 2 years with board approval
- Flip tax
- None (zero flip tax)
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $958K
- Recent range
- $950K – $1.1M
- Listing discount
- 1.4%
- Recorded transfers
- 46
131 Thompson Street sits in the South Village — the Sullivan-Thompson pocket of Greenwich Village that carries some of the neighborhood's densest late-19th-century architectural fabric. The building is a circa-1899–1901 tenement-style building, 7 stories, with a planar running-bond brick facade and brownstone lintels — an authentic turn-of-the-century structure rather than a later conversion.
The block is protected. 131 Thompson falls within the Sullivan-Thompson Historic District, designated December 13, 2016 — one of the more recent additions to the Village's landmark map, extending protection to the South Village blocks that had long sat outside the earlier Greenwich Village Historic District boundary. That designation guards the streetscape and the building's exterior integrity.
The building's policy framework is what distinguishes it for buyers and sellers. For a cooperative of this vintage and scale, the rulebook is accommodating: subletting is allowed after two years with board approval, the building is pet-friendly, and — most notably — there is zero flip tax. The absence of a flip tax is the standout feature; most Manhattan cooperatives levy one on resale, and its absence directly improves the seller's net proceeds. The building holds 38 residential units (plus a few commercial, roughly 41 total), is managed by a third-party agent, and runs a modest service tier: an elevator co-op with no doorman, and no roof, gym, or common laundry noted. Some units carry in-unit washer/dryer, and the hallways have been renovated.
For buyers, 131 Thompson represents a specific position in the South Village: an authentic circa-1899 tenement-style cooperative, inside a Historic District, with an accommodating rulebook and no flip tax, in exchange for a modest service tier.
Architecture and unit composition
131 Thompson Street was built circa 1899–1901 as a tenement-style building — 7 stories, with a planar running-bond brick facade and brownstone lintels characteristic of the South Village's turn-of-the-century construction. It holds 38 residential units (plus a few commercial, roughly 41 total).
The building sits within the Sullivan-Thompson Historic District, designated December 13, 2016, which protects the exterior and the streetscape. Inside, the building has seen renovation: the hallways have been updated, and some units carry in-unit washer/dryer — a meaningful convenience in a building with no common laundry noted. The building is an elevator co-op, which distinguishes it from the walk-up tenement stock common in the South Village.
Because the building is within a Historic District, exterior alterations are subject to LPC review. Buyers should confirm the specific layout, ceiling heights, in-unit washer/dryer status, and renovation level of any given unit at the apartment level.
Building operations
131 Thompson Street operates as a cooperative, managed by a third-party agent. The service tier is modest and consistent with the building's scale: an elevator, renovated hallways, and in-unit washer/dryer in some units. There is no doorman, and no roof, gym, or common laundry noted.
The cooperative's policy framework is accommodating for a building of this vintage. As documented in publicly recorded NYC building data and public records: subletting is allowed after two years with board approval, the building is pet-friendly, and there is zero flip tax. The absence of a flip tax is the operationally significant feature — it directly improves the seller's net on resale, and it is unusual enough among Manhattan cooperatives to be worth foregrounding.
Maintenance and assessment specifics should be confirmed at the apartment level with the managing agent; building-level common-cost figures are not published in aggregated form.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 emissions caps apply. No regulatory capital pressure from this law specifically, current or 2030.
See full Local Law 97 analysis →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Management & transfer contacts
- Sublet policy
- Allowed upon approval; see house rules for fee
- Pied-à-terre
- Allowed
- Notable fees
- Transfer Fee $1,250; financing not allowed; move-in deposit $1,000 + $250 fee
Recent sales
Recent transfers 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 |
|---|---|---|---|---|---|
| Jan 21, 2026 | 6F | 2 BR · 1 BA | $950,000 | +0.0% | |
| Mar 26, 2024 | 3C | 2 BR · 1 BA | $949,500 | -4.6% | |
| Mar 27, 2023 | 5C | 2 BR · 1 BA | $1,075,000 | -1.4% | |
| Feb 5, 2021 | 2D | 1 BR · 1 BA · 500 sf | $660,000 | $1,320/sf | +1.9% |
| Dec 31, 2020 | 2F | 2 BR · 1 BA | $975,000 | -2.0% | |
| Oct 10, 2019 | 5F | 2 BR · 1 BA | $942,500 | -0.8% | |
| May 31, 2018 | 3C | 2 BR · 1 BA | $915,000 | -7.1% | |
| Jul 6, 2017 | 7BCD | 4 BR · 3 BA | $3,500,000 | +6.2% |
Market read. $/sf is measured on the latest sales with reliable square footage (2021): a median $1,320/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 1.0% 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 1-00517-7501) 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 on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re buying
The zero flip tax is a genuine advantage. Most Manhattan cooperatives levy a flip tax on resale, which the seller (or buyer) absorbs. 131 Thompson has none — a feature that improves resale economics and is worth confirming as current with the managing agent, since board policy can change.
The rulebook is accommodating for the vintage. Subletting is allowed after two years with board approval, and the building is pet-friendly. For a turn-of-the-century South Village co-op, this is a workable set of rules — confirm the current specifics and any sublet fees with the board.
The service tier is modest — plan around it. This is an elevator co-op with no doorman, and no roof, gym, or common laundry noted. Some units carry in-unit washer/dryer, which matters given the absence of a common laundry. Buyers who require staffed service should weigh this; buyers who prioritize authentic South Village character and value will find the modest service tier is part of the accessible cost structure.
Historic District protection is real. The Sullivan-Thompson Historic District was designated December 13, 2016. Exterior alterations are subject to LPC review, and the building's streetscape integrity is protected.
Verify the operational baseline at offer stage. Maintenance ranges by line, financing percentages required by the board, the current sublet policy and any fees, reserve fund status, and the in-unit washer/dryer status of the specific unit should all be confirmed with the managing agent and the offering plan during due diligence.
What to know if you’re selling
Lead with the zero flip tax and the accommodating rulebook. No flip tax directly improves your net and is a rare, marketable feature. Combined with the after-two-years sublet allowance and the pet-friendly policy, the flexibility is a genuine selling point — foreground it.
Foreground the South Village character and the Historic District. The circa-1899 tenement-style facade, brownstone lintels, and Sullivan-Thompson Historic District streetscape are the architectural-credential anchors. In-unit washer/dryer and renovated hallways address the modern-convenience question.
Price to realistic absorption. The building has run a median of roughly 134 days on market — plan the marketing timeline accordingly, and price against the closest recent recorded comparable ($1,075,000 in March 2023 for a two-bedroom; $949,500 in March 2024).
Closing timelines are cooperative-standard. Board approval is required; pacing typically runs 60 to 90 days from contract through approval to closing. Confirm the current board policy framework with the managing agent.
Comparable buildings
If you're considering 131 Thompson Street, also evaluate:
- Nearby South Village and Greenwich Village cooperatives of comparable turn-of-the-century vintage and boutique scale.
- Sullivan-Thompson Historic District co-ops where pre-war character and Historic District protection overlap.
- Elevator tenement-conversion co-ops in the South Village offering in-unit washer/dryer and accommodating sublet policies.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Greenwich Village — read The Roebling Team Guide to Greenwich Village.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
Considering a move at 131 Thompson Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 131 Thompson Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.