36 East 12th Street

BKREA has been exclusively retained to market the sale of 36 East 12th Street, a mixed-use development opportunity located on the south side of East 12th Street between University Place and Broadway in the heart of Greenwich Village. The approximately 5,163-square-foot lot features 50 feet of frontage and is currently improved with a seven-story commercial building with partial tenancy, offering near-term income and future redevelopment flexibility. Zoned C6-1 (R7-2), the site allows for as-of-right residential, commercial, or community facility development, with the potential to increase residential density through affordable housing provisions. Situated near Union Square and Washington Square Parks, major subway lines, and surrounded by premier retail, dining, and cultural destinations, the property benefits from strong demand in a supply-constrained neighborhood, making it an ideal opportunity for boutique residential or mixed-use development with long-term growth potential.