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Seven-Story Elevator Office Building
For Sale
Contact for pricing
Pending

84 University Pl, New York, NY 10003

Seven-story elevator building with lower-level space and a single tenant set to vacate upon closing.

Property Size17,280 SF
Lot Size0.06 Acres
Days on Market148

Property Features for 84 University Pl

General Information

Standard status Pending
Size 17,280 SF
Lot size 0.06 Acres
Property subtype Retail, Mixed Use, Land

Building Details

Stories 7
Tenancy Single
Listing Agency: Avison Young - New York
Listed By: Mitchell Levine · License #NY 30LE0965622
Source: Crexi
Added: Apr 11 Changed: Sep 4 Last Checked: Sep 4 at 7:29AM

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 Avison Young - New York

Investment Insights

Based on property information with market context.

4 University Place is a seven-story elevator building with retail and office use potential, currently occupied by a single tenant, Charles Cheriff Gallery, which occupies the entire building and will vacate and relocate upon closing. The building sits on a 25' x 96.83' lot and includes approximately 15,120 sf above grade, plus approximately 2,160 sf on the lower level.

The rear of the building is described as having significant light and air, overlooking the gardens of nearby townhouses on East 11th and 12th Street. Positioned in the heart of Greenwich Village, between Union Square and Greenwich Village, the property is presented with two conversion directions: a mixed-use retail and residential condominium or a boutique office redevelopment with at-grade retail.

Key Highlights

  • 7‑story elevator building in Greenwich Village occupied entirely by Charles Cheriff Gallery; tenant will vacate and relocate upon closing
  • Located on a 25' x 96.83' lot with approx. 15,120 SF above‑grade and approx. 2,160 SF on the lower level
  • Lower‑level space included (approx. 2,160 SF) as part of the 7‑story building footprint

Property Analytics

Current Use

Charles Cheriff Galleries Home Decor Store

Suggested Use

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

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

38,171
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Seven-story elevator building with lower-level space and a single tenant set to vacate upon closing.
Where is this office building located?
The property is located at 84 University Pl New York, NY.
What are key features of this property?
This property features: 7‑story elevator building in Greenwich Village occupied entirely by Charles Cheriff Gallery; tenant will vacate and relocate upon closing; Located on a 25' x 96.83' lot with approx. 15,120 SF above‑grade and approx. 2,160 SF on the lower level; Lower‑level space included (approx. 2,160 SF) as part of the 7‑story building footprint
More about this property
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