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Rent/Lease Apartment 71 University Place
Why Optimal Spaces –
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1. The Crucial Distinction: Whose Side Are They On?
  2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
   5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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71 University Place Property Overview
| Building Address: | 71 University Place, New York NY 10003 |
| Building Name: | The Albert |
| Building Alternate Address: | 71 University pl |
| Zip Code: | 10003 |
| Neighborhood: | Greenwich Village |
| Borough: | Manhattan |
| Stories: | 12 |
| Year Built: | 1923 |
| Building Class: | B |
71 University Place is a residential mid-rise apartment building located in Manhattan, New York City. Constructed in 1923, the building spans 12 floors and encompasses 158 residential units. It occupies a significant place within the context of the Greenwich Village neighborhood and the broader Manhattan area.
The building's address situates it on University Place, a notable north-south thoroughfare in Greenwich Village. University Place was renamed in 1838, a year after New York University opened its first building on nearby Washington Square, reflecting the street's strong ties to the academic institutions surrounding it. Historically, University Place was originally part of Wooster Street and has been home to important cultural and educational establishments, including the Union Theological Seminary and the New York Society Library during the 19th century.
The 71 University Place building was constructed during an era of significant residential development in Manhattan in the early 20th century, contributing to the dense urban fabric of the neighborhood. Its 1923 completion situates it within the interwar period, a time when many such mid-rise apartment buildings were developed to accommodate the growing population of New York City.
In terms of its physical characteristics, 71 University Place covers approximately 182,200 square feet. The building underwent renovation in 1978, ensuring its continued functionality and relevance in an evolving urban environment.
Overall, 71 University Place stands as a representative example of early 20th-century residential architecture in Manhattan, reflecting both the historical evolution of University Place and the residential growth of Greenwich Village during the 20th century.
71 University Place, Manhattan, NYC, is a historical multifamily building located in the heart of Greenwich Village. The building, constructed in 1923, features a classic brick facade and offers well-maintained residential spaces across its 12 floors, housing 158 units. It includes ground floor retail space that is handicap accessible. Among the local businesses, Tony's Nail provides nail care services, and QQ Nails & Spa offers a variety of nail treatments.
71 University Place Building Amenities:
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Elevator
- Handicap Accessible Ground Floor Retail
- Security Services, including Doorman (often available)
71 University Place, Manhattan, NYC
Overview
Located in the heart of Greenwich Village, 71 University Place offers a mix of office, retail, and medical spaces. The building, known as The Albert, features a classic brick facade and is handicap accessible.
Features and Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Elevator
Office Spaces
Spaces are available at various price points, typically categorized into Class A, B, and C offices.
Neighborhood and Building Details
The property is situated between 10th and 11th Streets in Greenwich Village. The building was constructed in 1923 and has 12 stories with 205 units.
Internet Providers Available at 71 University Place, Manhattan, NYC
- Spectrum (Cable/Fiber) – From $30/mo, speeds up to 1 Gbps
- Starry Internet (Fixed Wireless) – From $45/mo, speeds up to 1 Gbps
- T-Mobile Home Internet (Fiber/5G) – Speeds up to 245 Mbps
- Verizon (Fiber/5G) – From $49.99/mo, speeds up to 2.3 Gbps
- EarthLink (Fiber) – Coverage confirmed in Manhattan
- Skywire Networks (Fixed Wireless/Fiber) – Limited availability
71 University Place Transportation
Cross streets: E 11th St and E 12th St
Subway lines: 4, 5, 6, A, B, C, D, E, F, L, N, Q, R, W
Bus lines: M1, M2, M3, M5, M8, M14A-SBS, M15, M55
Nearest stations:
• 8th St-NYU (N/Q/R/W)
• 14th St-Union Square (4/5/6/L/N/Q/R/W)
• Astor Place (6)
- Russell Cellular leased 1,034 SF
- Shake Shack Enterprises leased 10,660 SF at 24-32 Union Square East
- Knotel leased 10,400 SF at 155 Fifth Avenue
- Barrows leased 10,000 SF at 817 Broadway
- Parsley Health leased 9,979 SF at 26 West 17th St
- Knotel, Inc leased 9,826 SF at 116 West Houston St
- INCLUDEnyc leased 9,800 SF at 116 East 16th St
- Bleecker Street Bar leased 8,000 SF at 648 Broadway
- Camp leased 8,000 SF at 91 Fifth Avenue
- FreeWheel Media leased 7,000 SF at 235 Park Ave South
- Arc'teryx leased 6,700 SF at 139 Fifth Avenue
- Copper Branch leased 1,725 SF at 195 Bleecker Street
- By Chloe leased 1,650 SF at 27 Union Square West
- Sprint leased 1,600 SF at 39 West 14th St
- La Colombe Torrefaction leased 1,500 SF at 400 Lafayette St
- Rugged Sole leased 1,075 SF at 364 Sixth Ave
- Nail Spa 33 Inc. leased 750 SF at 33 Greenwich Ave
- Pure Green leased 700 SF at 60 East 8th Street
- Number 9 Kitchen leased 600 SF at 11 Waverly Place
- Monsoon Accessorize USA leased 500 SF at 1 Union Square West
- Target leased 32,579 SF at 10 Union Square East
Sapphire Office Solutions Testimonial
To Whom It May Concern:
I am writing this letter of recommendation to acknowledge the outstanding job performed by Mr. Stephen Sunderland of Optimal Spaces, Incorporated, in regards to locating and executing a great sublease and direct lease extension.
In addition to finding the sublease, Stephen also add a long term extension to our direct lease at a great price. We never would have completed this transaction without Stephen's persistency, expertise, and diligence.
We attempted to work with other brokers prior to meeting Stephen (discovered Stephen from advertisement) and he was the only broker who listened to our needs and took us to spaces that fit all OUR requirements, not his.
We would highly recommend Mr. Sunderland and his company without hesitation.
Sincerely,
Paul Holstein
President