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Condominium · 2024
Spring + Thompson
83 Thompson Street, New York, NY 10012

83 Thompson Street (Spring + Thompson)

83 Thompson Street, New York, NY 10012

SoHo

BBL 1004897503 · BIN 1091755

At a glance
Year built
2024
Type
Condominium
Units
4
Floors
75
Landmark
Designated
The Data Room

Every recorded sale at this building, 2025–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$2,965
Listing discount
12.6%
Recorded sales
7
On record
2025–2026

Ground-up condominium construction in SoHo is rare, and ground-up construction inside a historic district in SoHo is rarer still. The blocks around Spring and Thompson were designated as the Sullivan-Thompson Historic District on December 13, 2016 — a late designation by SoHo standards, and one that landed in the middle of this site's development history rather than before it.

The record on this corner runs long. A seven-story mixed-use new building was proposed here as early as 2011 and disapproved. Demolition permits were issued on the lot in July 2012. A second attempt, filed in November 2017 as an Alteration Type 1 to construct a seven-story mixed-use building on a tax lot with an existing town house, was also disapproved — by then the district had been designated and the calculus had changed. The application that was finally built was filed July 22, 2021 by Selldorf Architects for SK Development, permitted in June 2023, and completed with a full demolition of the remaining two-story structure on the site in December 2021. Three attempts across a decade, and the one that succeeded was the one designed for a landmarked context.

That history matters to a buyer for a practical reason. The building is new — new envelope, new systems, new elevators, no deferred capital — but it sits under Landmarks jurisdiction permanently. Windows, storefront, terrace treatments and rooftop mechanical equipment all pass through the Commission. The rooftop-equipment amendment obtained in August 2025 and the Notice of Compliance issued in February 2026 are the visible trace of that in the public record.

The second thing that distinguishes this building is scale. Seven residences in 18,577 square feet of residential area produces an average approaching 2,650 square feet, and the unit schedule shows how that is distributed: paired east and west residences on the second and third floors, full-floor residences on the fourth and fifth, and a penthouse. Corner exposure on Spring and Thompson with a public playground opposite means the light on the west and south elevations is protected by street and open space rather than by a covenant — a durable condition on a SoHo block where lot-line windows are usually the compromise.

The third is the tax posture, and it is the one most likely to be mispriced. The building carries no 421-a and no 485-x. The unit lots have been taxed at full assessment from the first closing. Buyers who have underwritten abated new-development inventory elsewhere in Manhattan will find the monthly carrying number here materially higher than the asking price implies, and there is no burn-off schedule to model — it starts where it stays.

Architecture and unit composition

The lot is an irregular 4,535-square-foot corner parcel with roughly 67 feet of frontage, and the building fills it to seven stories and 75 feet. The elevation is masonry rather than curtain wall, in the restrained register the practice is known for, and it was designed to satisfy a Landmarks Commission reviewing new construction in a district of nineteenth-century row houses and early-twentieth-century mixed-use buildings — a constraint that reads in the massing and the window rhythm rather than in ornament.

The residential program is seven units across floors two through seven. Floors two and three carry paired east and west residences; floors four and five are full-floor; the penthouse occupies the top. Published descriptions place the residences in a one- to four-bedroom range with an average around 3,150 square feet including terrace and common-area allocation, which is loft-scale by SoHo standards and well above the boutique new-construction norm elsewhere in Manhattan.

Below the residences, the building carries a retail unit and a separate community-facility unit — 5,773 square feet of commercial and community-facility area in total, including about 1,191 square feet coded as office. The retail space was divided into two spaces under a 2026 alteration. That commercial base carries a share of the building's common charges, which materially affects the residential per-unit burden and should be read off the budget rather than estimated.

Building operations

Seven residences with a full-time doorman is an expensive service ratio, and it is the operating fact a buyer should quantify first. Published listing records describe doorman and concierge coverage, a package room, fitness center, bicycle storage, private storage and a shared laundry room. None of that is documented in city records; all of it should be confirmed against the current budget and the staffing schedule.

The building is new, so the near-term capital questions are warranty and completion rather than replacement. The relevant ones are: the status of the sponsor's punch list and any remaining offering-plan obligations; whether the current certificate of occupancy is permanent or temporary for the specific unit; the systems warranty position given first permits in 2023 and sign-off in 2026; and the Landmarks compliance file, including the Certificate of Appropriateness, the amendments and the February 2026 Notice of Compliance.

The medium-term question is the reverse of most SoHo buildings. There is no deferred maintenance here, but there is a small denominator carrying a serviced program, a landmarked envelope and a commercial base. Ask for the reserve funding schedule and the sponsor's contribution to reserves.

Policy framework

Ownership form: Condominium. Transfers clear through a board right of first refusal rather than a cooperative approval vote, which produces the faster and more predictable closing timeline typical of the form.

Pied-à-terre, subletting, LLC, trust and foreign purchasers: Permitted under the standard condominium framework. Any minimum lease term or rental cap should be confirmed with the managing agent.

Pets and house rules: Not documented in public records.

Zoning and occupancy. R7-2 with a C1-5 overlay, outside the Special SoHo-NoHo Mixed Use District. Residential use is conventional and as-of-right. There is no joint living-work quarters classification, no artist-certification condition and no special-permit history to read here — a meaningful simplification relative to the loft blocks a few streets east.

Real estate taxes: No exemption of any kind, and no J-51 history for this lot. Underwrite full unabated taxes on the specific unit against the current bill, then apply the co-op/condo abatement only if the buyer will occupy the unit as a primary residence.

Local Law 97

Compliance status
Not subject to 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 →

Recent sales

The sponsor conveyed all seven residences to seven separate, unrelated buyers between June 2025 and June 2026 — individuals, trusts and single-purpose entities, in seven individually recorded deeds at seven different prices. The retail unit was conveyed separately in October 2025. No unit lot is classified as a Department of Finance condominium rental, there was no bulk transfer, and no single owner holds the residential inventory.

The residential sellout is complete. That is worth stating plainly, because a building delivered this recently is often assumed to be mid-absorption, and the leverage a buyer expects from a sponsor sitting on unsold inventory is not available here. The only unit lot still in sponsor hands is the community-facility unit. Anyone buying at this address today is buying a resale from a private owner, on ordinary resale terms.

The pricing logic is new-development pricing in a SoHo location, against a very short list of true peers. There is almost no other ground-up condominium of this vintage in the South Village, and the loft conversions that dominate the surrounding inventory are a different product with different systems, different ceiling geometry and, frequently, different zoning history. Per-foot comparisons drawn from the conversion stock will understate; comparisons drawn from abated new-development towers will understate the carrying cost. Market statements should be indexed to the last complete year. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

Recent closings at this building, curated by The Roebling Team research desk. 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.

DateUnitApartmentPricePPSFvs. Ask
Jun 9, 20265Sponsor Sale
4 BR · 4.5 BA · 3,323 sf
$9,851,156$2,965/sf-21.2%
Apr 20, 2026PHSponsor Sale
7 BR · 6.5 BA · 5,389 sf
$19,750,000$3,665/sf-21.0%
Apr 10, 20264Sponsor Sale
4 BR · 4.5 BA · 3,483 sf
$9,995,000$2,870/sf-26.0%
Oct 22, 20252ESponsor Sale
2 BR · 2.5 BA · 1,736 sf
$4,325,000$2,491/sf-12.6%
Jul 22, 20253WSponsor Sale
2 BR · 2.5 BA · 1,782 sf
$4,975,000$2,792/sf+0.0%
Jun 25, 20253ESponsor Sale
2 BR · 2.5 BA · 1,736 sf
$5,098,646$2,937/sf+2.1%
Jun 10, 20252WSponsor Sale
1 BR · 1.5 BA · 1,128 sf
$2,985,000$2,646/sf+0.0%

Market read. Most recent trades (2026) cleared a median $2,965/sf across 3 sales. Median listing discount 12.6% 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 1-00489-7503) 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

The building is landmarked even though it is new. Sullivan-Thompson was designated in 2016; this building was designed and built inside it. Exterior work — windows, terraces, rooftop equipment — requires a Landmarks permit. PLUTO does not show this; LPC's own database does.

There is no abatement. No 421-a, no 485-x, no J-51. Full assessment from day one. Model the carrying cost before the offer, not after.

The sellout is finished. All seven residences sold to unrelated buyers between June 2025 and June 2026. There is no sponsor inventory to negotiate against.

Confirm whether the certificate of occupancy is permanent. Closings began in June 2025; the certificate of occupancy on the new-building job carries a status date of May 22, 2026. Ask which document governs your unit.

The two addresses are the same building. 83 Thompson Street and 182–184 Spring Street are one property. Records searches under only one address will miss half the file.

Quantify the service program. A full-time doorman across seven residences is a high per-unit cost. Read the budget and the staffing schedule, not the amenity list.

What to know if you’re selling

Lead with what is genuinely scarce. Ground-up construction, by a named architect, inside a SoHo historic district, at full-floor scale, on a corner facing open space. Very little in the surrounding inventory matches more than two of those.

Address the tax posture directly. Buyers will run their own carrying-cost analysis. Presenting the unabated position openly, with the numbers, produces stronger outcomes than letting it surface in diligence.

Assemble the Landmarks and occupancy file before offers. The Certificate of Appropriateness, the amendments, the February 2026 Notice of Compliance and the governing certificate of occupancy. Having them ready prevents the most likely source of delay.

Comparables require care. The nearest loft conversions are a different product. Condition-adjusted, line-specific analysis against new-construction inventory beats any neighborhood per-foot average.

Comparable buildings

If you're considering 83 Thompson Street, also evaluate:

  • 140 Thompson Street — cooperative a few blocks north on the same street, on a different tax block; the co-op alternative in the South Village
  • 131 Thompson Street — boutique South Village condominium at similar denominator
  • 57 Thompson Street — SoHo condominium south of Broome; the nearest peer by location
  • 177 Thompson Street — small South Village building; the walk-up comparison point
  • 184 Thompson Street — South Village cooperative; a different tenure and price tier
  • 10 Sullivan Street — contemporary ground-up condominium one block east; the closest new-construction peer in the neighborhood
  • 195 Prince Street — boutique SoHo condominium north of Houston-side SoHo
  • 420 West Broadway — SoHo loft condominium two blocks east; the conversion comparison
  • 465 West Broadway — SoHo loft building at larger scale
  • 2 King Street — South Village condominium at the northern edge of the neighborhood

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Greenwich Village — read The Roebling Team Guide to Greenwich Village.

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent.

Considering a move at Spring + Thompson?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
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