Does anyone know an example of an object $A$ in some category $\mathcal C$ such that $A$ satisfies at the same time more than one universal property?
Of course, when I say that $A$ is universal with respect to a certain property, I am aware that $A$ might come together with some arrows. I call $A$ the whole thing: the object, plus all the additional data.
I am not interested in situations where two generally different universal properties happen to "collide" and coincide. For instance, any Grassmannian is a Hilbert scheme, but this is because the universal property of the Hilbert scheme happens to coincide with the universal property of the Grassmannian when we decide to parametrize linear subschemes of projective space. Another example: in the category with one object and one arrow, this object is both final and initial. But the two properties here coincide.
It is very hard for me to imagine such an example. I start thinking it does not exist. The problem is that all the universal properties I know are very special, as they should be: for instance look at localization of a ring $R$ at a multiplicative subset $S$: the map $\ell:R\to S^{-1}R$ is very special to this problem: inverting elements in $S$. The question whether this map (better: the couple $(S^{-1}R,\ell)$ is universal with respect to another property looks intractable to me. Perhaps one is more lucky with other universal properties. Does anyone have any hint? Thanks!