552 LaGuardia Place (Sherry's Village)

The building rises 11 stories in post-war brick with a commercial base — roughly 7,900 square feet of retail and 4,900 square feet of office space per city records — and residences above that average around 1,500 square feet on city-records area figures. Listing records count 9 apartments (city records tally 11 residential units; the current unit schedule would show whether combinations explain the difference), configured essentially one residence per floor, which buys the building's signature attributes: privacy, multiple exposures per apartment, and elevator-opens-near-your-door living at a fraction of the share count of the surrounding co-op stock. The penthouse level has traded with private outdoor space per listing records. A rear garden, bike room, and basement storage round out the physical plant. The original architect is not reliably documented in public records, and we decline to guess.

This is a self-service boutique building: no doorman, a part-time superintendent, and a video-intercom entry system per listing records. Management is handled by an outside agent — the documents on file show the agent has changed over the past several years, so confirm the current management contact at offer stage. The house rules on file document monthly pest-control service included in maintenance, weekday-only moves with deposits, and a two-week-notice alteration process with a refundable deposit. Maintenance is billed monthly with a modest late fee. The proprietary lease, by-laws, house rules, and purchase application are on file in The Roebling Research Library and available to clients during diligence.

Recent sales

Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.

Market read. Most recent trades (2025) cleared a median $1,344/sf (recorded) across 1 sale. Median listing discount 6.4% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00537-7501). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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.

Understand what "condop" means here. You are buying co-op shares and a proprietary lease in West Third Street Apartment Corp., which owns the residential condominium unit — co-op transfer mechanics, co-op board approval, co-op governance. The condominium layer matters mainly because the retail and office base is separately owned: your attorney should review how common costs, building systems, and decision rights are allocated between the residential co-op and the commercial unit owners.

The board package is a real one. The application on file requires the full co-op stack — financial statement with supporting documentation, tax returns, pay stubs, and reference letters — with an $800 application fee. Run the Co-op Board Qualification Calculator before offering, and budget for a 20 percent minimum down payment per listing records.

This is a primary-residence building in practice. The sublet policy on file is among the more restrictive we see — case-by-case, urgent-circumstances-only — and short-term rentals carry documented fines. Investors and pied-à-terre buyers should confirm intent with the board before going to contract.

Assess the actual comparison sample. A one-residence-per-floor arrangement does not establish scarcity or long-term value retention. Review actual same-building sales and relevant nearby loft and cooperative transactions with apartment-specific adjustments. Price expectations should be built accordingly.

No doorman means a limited service layer. Beyond the part-time superintendent, package logistics, renovations, and approvals run through a small board of neighbors and an outside agent. Compare current common costs and reserves with matched alternatives; much of the day-to-day falls to owners.

Verify the fee stack. Flip tax, washer/dryer policy, current financing requirements, and the current managing agent are not firmly documented in public records — we verify each against the building's current documents during diligence.

Market the structure, not just the apartment. Full-floor-scale living, a single neighbor per floor, and a one-block walk to Washington Square Park is a specific configuration to confirm from the floor plan. The marketing should name it plainly — compare the actual access arrangements and layouts of Village walk-up cooperatives and loft conversions without claiming exclusive configuration.

Use the block's protection as a selling point. The historic-district boundary protects the 19th-century streetscape around the building while leaving the building itself free of LPC review — surrounding changes remain subject to review, which does not categorically rule out approved enlargement or new construction. That is an unusual and marketable combination.

Prepare buyers for co-op mechanics early. The condop label attracts buyers expecting condo flexibility; the governance is cooperative. Setting expectations on the board package, sublet policy, and timeline up front protects deals from late-stage surprises.

Price to the thin-market reality. With so few units, anchoring to the last in-building trade can misprice by years of market movement. We build pricing from current South Village loft and boutique-building comparables, adjusted for the full-floor premium.

If you're considering 552 LaGuardia Place, also evaluate:

• 1 Bond Street — landmarked 18-unit NoHo loft condominium; the historic boutique alternative
• 40 Bleecker Street — new boutique condo at the Village/NoHo seam; the full-amenity alternative
• 21 Astor Place — boutique pre-war condo conversion nearby
• 43 Great Jones Street — NoHo loft co-op; the classic loft-stock alternative
• 36 Bleecker Street — boutique loft building in the same orbit
• 505 LaGuardia Place — the I.M. Pei-designed University Village co-op tower south of Bleecker; the architectural-pedigree alternative at larger scale
• 110 Bleecker Street — the full-service Bleecker Street co-op alternative with doorman service
• 250 Mercer Street — large loft co-op two blocks east; the higher-liquidity comparable