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Avison Young, as exclusive agent, is pleased to offer for sale 64 University Place (“Property”), a mixed-use building on Manhattan’s Greenwich Village Gold Coast with redevelopment potential. The Property is prominently located on the streetscape with over 65 feet of frontage between East 10th & 11th Streets, midway between the highly pedestrian trafficked Union Square and Washington Square Park. Agata & Valentina is the building’s only tenant and is located on the ground floor of the 4-story building. Their lease runs through June 2026. The three upper floors are vacant and last used by a recording school. 64 University Place offers a potential investor the opportunity to acquire an irreplaceable location in a prime neighborhood with 65± feet of frontage on a main thoroughfare with several potential reuse options. The University Place address and proximity to Union Square’s transportation network makes the Property’s location ideal for residential and commercial uses. Agata & Valentina’s rent nearly doubles at the end of 2019, which may present an opportunity to get vacant possession earlier than 2026. At 25,380± existing square feet, the Property has the potential to be redeveloped up to 41,243± zoning square feet with a community facility based on an FAR of 6.5x.