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36 East 12Th St New York, NY 10003

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For Sale
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Prime land in Greenwich Village with significant development potential.

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Listing Contact
Ryan Candel
Ryan Candel
Source: Bkrea

Listing Agency: BKREA Listing Agent: Ryan Candel

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Greenwich Village Development Opportunity

Located in the heart of Greenwich Village, this property offers significant development potential due to its favorable C6-1 zoning, which allows for residential, commercial, and community facility uses. The flexibility of the zoning supports various building types, enhancing the site’s adaptability and relevance within the surrounding environment. The area benefits from consistent demand, driven by its diverse retail base, proximity to NYU, and enduring appeal to both local and international buyers. Situated in one of Manhattan’s most protected and underbuilt neighborhoods, where historic overlays and limited assemblage opportunities restrict new development, supporting long-term stability and absorption. The property offers exceptional transit accessibility, located just two blocks from Union Square, a major transportation hub served by the 4/5/6, N/Q/R/W, and L subway lines. The City of Yes passing created tremendous flexibility with landmarks transferring their air rights. There are 4 landmark properties that could potentially transfer their air rights.
Location Intelligence

Current Use by Public Records

Seidenberg Antiques Art Gallery AcuityAds Inc Marketing & Advertising Foothold Technology (Bike/Boat/Book/etc) Store M18 PR Marketing & Advertising h2e Power Systems (Bike/Boat/Book/etc) Store

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9920881
Latitude
40.733516

FAQs

What type of property is this?
Commercial land - Prime land in Greenwich Village with significant development potential.
Where is this commercial land located?
The property is located at 36 East 12Th St New York, NY.
What are key features of this property?
This property features: - Significant development potential with favorable C6-1 zoning.; - Exceptional transit access: two blocks from Union Square with multiple subway lines.; - Greenwich Village location: desirable residential area known for its charm and culture.
More about this property
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