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Retail Condominium Ground-Floor Space
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126 University Pl, New York, NY 10003

Ground-floor retail condo includes additional basement space and 16 feet of frontage on University Place, delivered vacant.

Property SizeContact for details
Days on Market132

Property Features for 126 University Pl

General Information

Standard status Active
Property subtype Retail
Listing Agency: Marshall Real Estate, LLC
Listed By: Matthew Marshall · License #NY 10491203132
Source: Crexi
Added: Apr 11 Changed: Aug 15 Last Checked: Aug 14 at 7:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marshall Real Estate, LLC

Investment Insights

Based on property information with market context.

This retail condominium is located at the ground level of a boutique condo building. The unit includes 2,199 SF on grade plus an additional 1,407 SF of basement space, with 16 feet of frontage on University Place. The property has no use restrictions and is being delivered vacant.

The building is positioned between 13th and 14th Streets in the Greenwich Village/Union Square area, with nearby retail and transit including Whole Foods, Union Square Park, the Farmers Market, and the Union Square Subway Hub.

The space is situated at the base of a five-apartment, six-floor residential building constructed in 2004, offering a direct retail frontage configuration suitable for prospective investors or end users evaluating a storefront-style space with basement support.

Key Highlights

  • Ground‑floor retail condominium at 126 University Place in Greenwich Village/Union Square, built in 2004
  • 2,199 SF on grade plus 1,407 SF basement space
  • 16 feet of frontage on University Place

Property Analytics

Current Use

Jack's Delicatessen Food Market 126 University Place ... Condominium Complex

Suggested Use

Top Pick Nursing Home Auto Parts Store Auto Repair Shop Adult Day Care Buffet Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

38,171
Businesses Nearby
Balanced
Demand for This Use

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Ground-floor retail condo includes additional basement space and 16 feet of frontage on University Place, delivered vacant.
Where is this storefront property located?
The property is located at 126 University Pl New York, NY.
What are key features of this property?
This property features: Ground‑floor retail condominium at 126 University Place in Greenwich Village/Union Square, built in 2004; 2,199 SF on grade plus 1,407 SF basement space; 16 feet of frontage on University Place
More about this property
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