- Year built
- 1875
- Type
- Cooperative
- Units
- 205
- Landmark
- No
- Pets
- Cats and dogs are permitted under the cooperative's house rules
- Subletting
- Board-approved subletting; terms set by the cooperative — confirm current policy at offer stage
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $995K
- Recent range
- $550K – $1.8M
- Listing discount
- 1.7%
- Recorded transfers
- 248
63 University Place — The Albert — is one of Greenwich Village's genuine literary and musical landmarks, a large prewar cooperative built up from a composite of 19th- and early-20th-century structures including Henry Hardenbergh's 1882 Albert Apartment House. As the Hotel Albert, it hosted Robert Louis Stevenson, Hart Crane, Thomas Wolfe, Richard Wright, Anaïs Nin, and Amiri Baraka, and Mark Twain lectured there in 1901. In the 1960s and 70s it sheltered a generation of musicians — Jim Morrison, Carly Simon, Joni Mitchell, and James Taylor among them — and it surfaces in Hitchcock's Rear Window ("Meet me in the bar at the Albert Hotel").
Converted to a cooperative in 1985, the building offers full-service Village living in a deep, character-rich prewar package, a block east of Union Square and within walking distance of the Village's restaurants, NYU, and the transit hub at 14th Street.
Architecture and unit composition
The Albert is not a single building but a connected complex assembled over decades — Hardenbergh's 1882 Albert section, a 12-story University Place extension by Buchman & Fox (1903–04), and a neo-Georgian corner at East 10th Street by William L. Bottomley with Sugarman & Hess (1922–24), with the earliest fabric dating to the 1875–76 Hotel St. Stephen. The 1985 conversion created roughly 205 cooperative apartments across twelve floors, in a wide range of layouts reflecting the building's hotel origins — from compact one-bedrooms to combined and full-floor homes.
Because co-ops are measured by room count rather than square footage, apartments here are best compared on a price-per-room basis. The building runs full-service, with a full-time doorman, a live-in resident manager, common laundry, storage, and a bike room.
Building operations
The Albert operates as a full-service cooperative under Albert Apartment Corp., with a full-time doorman and a live-in resident manager. As a large prewar conversion, it carries the maintenance profile of a historic building with active staffing; monthly maintenance scales with apartment size. The cooperative sets its own financial requirements — minimum down payment, sublet terms, and board package standards — which can change over time. Prospective buyers should confirm the current financing percentage permitted, any flip tax, and sublet policy at offer stage. Buyers should review the offering plan, recent financial statements, board minutes, and any reserve study during due diligence.
Recent sales
The Albert trades as a cooperative, so pricing is read on a price-per-room basis. The building has a broad resale record across its decades as a co-op, with active inventory typically spanning one- to four-bedroom layouts. Greenwich Village co-ops of this vintage and scale generally trade across a wide band depending on size, condition, and floor, and the Albert's heterogeneous, hotel-derived layouts make each apartment its own case. Specific recent closing prices and per-apartment maintenance figures vary by unit and should be confirmed at the apartment level. We underwrite each unit against the building's own trades and the South-of-Union-Square / Village co-op set rather than neighborhood averages.
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 |
|---|---|---|---|---|---|
| Jun 20, 2026 | 231 | 2 BR · 2 BA | $1,825,000 | -3.7% | |
| Dec 17, 2025 | 3C | 1 BR · 1 BA | $1,200,000 | +9.1% | |
| Oct 10, 2025 | 3F | 1 BA | $612,500 | -2.0% | |
| Sep 16, 2025 | 815 | 2 BR · 1 BA | $1,235,000 | -1.2% | |
| Sep 16, 2025 | 704 | 1 BR · 1 BA | $1,135,000 | -1.3% | |
| Aug 12, 2025 | 5A | 2 BR · 1 BA | $1,195,000 | -9.8% | |
| Mar 26, 2025 | 409 | 1 BR | $995,000 | -0.4% | |
| Feb 14, 2025 | 1003 | 1 BR · 1 BA · 550 sf | $925,000 | $1,682/sf | off-mkt |
Market read. Most recent trades (2023) cleared a median $1,413/sf across 1 sale. Median listing discount 2.9% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| May 21, 2026 | 414 | $1,450,000 |
| Sep 29, 2025 | 101 | $1,235,000 |
| Oct 23, 2024 | 419 | $825,000 |
| Apr 16, 2024 | 707 | $945,000 |
| Mar 7, 2024 | 1101/1102 | $875,000 |
| Feb 9, 2024 | 302 | $550,000 |
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 1-00562-0001) 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
This is a large, full-service prewar co-op with real history. A doorman building with a live-in manager, a literary and musical past, and a Hardenbergh pedigree, a block from Union Square.
Layouts are heterogeneous. The hotel origins mean apartments vary widely in size and configuration; compare carefully and view in person.
It's a co-op, so plan for the board. A board package, interview, and board-set financial requirements apply. Confirm the permitted financing percentage, any flip tax, and the sublet policy at offer stage.
Underwrite the building. Review financials, reserves, and the condition of the building's systems and façade during diligence.
Mansion tax thresholds can apply. On larger combined apartments the cliff thresholds may apply — run the Mansion Tax Calculator.
What to know if you’re selling
Lead with the history and the service. The Albert's literary and musical legacy, the Hardenbergh architecture, and the full-service Village location are the differentiators.
Price to the building's own comps. With roughly 205 units of widely varying layout, the persuasive evidence is the Albert's own room-by-room trades, adjusted for floor, light, and condition.
Prepare the buyer for the board. A clean, well-prepared board package and realistic expectations on financial requirements keep deals on track.
Comparable buildings
If you're considering 63 University Place, also evaluate:
- 40 University Place — prewar cooperative a few blocks south on the same street
- 11 Fifth Avenue (The Brevoort) — full-service Village cooperative
- 24 Fifth Avenue and 2 Fifth Avenue — large doorman cooperatives in the heart of the Village
- 15 Union Square West — landmark condominium for a tenure contrast at Union Square
The Roebling Team at The Albert
The Roebling Team at Compass works the prime downtown market — Greenwich Village, Union Square, and the full-service prewar cooperative segment in particular. We publish this profile because buyers and sellers of historic Village cooperatives deserve building-specific intelligence — the architecture, the board, and apartment-level pricing — not generic market commentary.
If you're considering a purchase or sale at 63 University Place, 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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