Question: If $\left\{ X_{\alpha} \right\}$ is a family of topological spaces, $X = \prod_{\alpha} X_\alpha$, with the product topology, is uniquely determined up to homeomorphism by the following property: There exists continuous maps $\pi_{\alpha} : X \to X_\alpha$ such that if $Y$ is any topological space and $f_\alpha \in C(Y, X_\alpha )$ for each $\alpha$, there is a unique $F \in C(Y,X)$ such that $f_{\alpha} = \pi_{\alpha} \circ F$.
My attempt:
Suppose there exists continuous maps $\pi_{\alpha} : X \to X_\alpha$ for each $\alpha$ in the index set. Take $Y$ to be a topological space and $f_\alpha \in C(Y, X_\alpha)$ for each $\alpha$. We will show there exists a unique $F \in C(Y,X)$ such that $f_\alpha = \pi_\alpha \circ F$.
Since $f_\alpha$ is continuous for some open $V \subseteq Y$ we have that $f_{\alpha}(V) = U \subseteq X_{\alpha}$. Then, by the continuity of $\pi_\alpha$ applying the inverse image we have; $\pi_\alpha^{-1}(U) = Q \subseteq X$ for some open set $Q$ of $X$. We claim that there exists a unique $F \in C(Y,X)$ such that $F(V) = Q$. We note that under the construction above that: $$f_\alpha \circ \pi^{-1}_\alpha(V) = \pi^{-1}_\alpha ( f_\alpha (V)) = \pi^{-1}_\alpha(U) = Q$$ Hence, we choose $F = f_\alpha \circ \pi^{-1}_\alpha$. For uniqueness, suppose $F(A) = F(B)$ for $A, B \in Y$, then, $\pi^{-1}_\alpha f_\alpha(A) = \pi^{-1}_\alpha f_\alpha(B)$, and by the continuity of this composition $A = B$.