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<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2Fbf90a15b-7be9-49d9-8ca1-664f794dc0a6%2F9f18ea30-3d27-4528-857f-35c63d295012" onerror="this.style.display='none'" alt="36 East 12th Street Image" style="object-fit: cover; width: 200px;" />
 Land / Office 
 
 36 East 12th Street
 
 New York, NY 
 By BKREA

 <a href="/user/5ec43a5a-910a-4338-9666-8fb601198ce1" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Bob Knakal</a>
 
 Chairman &amp; CEO
 
 
 <a href="tel:(917) 509-9501" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(917) 509-9501</a>
 

 <a href="https://platform.reverecre.com/project/bf90a15b-7be9-49d9-8ca1-664f794dc0a6" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

We are a new venture that provides capital markets transaction and consulting services to property owners. It is a company founded by Bob Knakal, one of the most recognized and accomplished investment sales brokers in the United States. As has been Bob's operating practice since 1984, in the investment sales arena, the company will only represent sellers, will only work exclusively, and will only sell properties in New York City. Consulting services will be provided to all market participants.

Our dedication has been, and will always be, to put the client’s best interests first! If you would like to take advantage of the unparalleled experience we offer, please call, text or email us as we would love to work with you.

Chairman & CEO

Managing Director of Manhattan Office Capital Markets

Senior VP, Transactions

Flexible Zoning Opportunity - The favorable C6-1 zoning allows for significant development potential for residential, commercial, and community facility uses. Its flexibility supports various building types, enhancing the site’s adaptability and relevance within the surrounding environment.

Strong Demand Drivers - The area benefits from consistent demand, driven by its diverse retail base, proximity to NYU, and enduring appeal to both local and international buyers.

Landmark Air Rights - 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. For further details please reach out to us.

Tightly Constrained Supply Environment - 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

Advantageous Accessibility - 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.

Prime Location - 36 East 12th Street is situated in the heart of Greenwich Village, a desirable residential area, known for it’s historic charm, vibrant culture and tree-lined streets.

Sales Team

BKREA has been retained on an exclusive basis to arrange the sale of 36 East 12th Street (“The Site”), a mixed-use  development opportunity in the remarkable Greenwich Village neighborhood of Manhattan. The subject site is located on the  south side of East 12th Street between University Place and Broadway and benefits from 50 feet of frontage on East 12th Street  and a depth of 103.25 feet. Currently, Lot 24 is improved with a 7-story commercial building. Seidenberg Antiques occupies the  base of the building, while 3 of the remaining 6 stories are currently tenanted. The overall tenancy WALT (Weighted Average  Lease Term) is 1.98 years, with the last lease set to expire in November 2028.

Bob Knakal also known as "BK" has been a broker in NYC since 1984. Over that time, he has brokered the sale of over 2,341  buildings having a market value of approximately $22 billion. 

For 26 years of those years (1988-2014), he owned and ran Massey Knakal Realty Services, which sold more than 3x the number of properties as the #2 firm in NYC from 2001-2014. Running the firm with a Servant Leadership management style, focusing on empowering everyone on the team, intensely training them, and building their self-esteem, led to this overwhelmingly dominant platform. The firm was sold to Cushman & Wakefield in 2014 for $100 million. 

The Massey Knakal Legacy is illustrated by the fact that today in the New York City investment sales market, there are 30 companies, or divisions of companies, that are either owned by, or run by, folks who learned the business at Massey Knakal.   

Bob is a prominent thought leader in the commercial real estate business, frequently writing about the market, lecturing on the market, and appearing on podcasts and national television shows on networks like Fox, CNBC and MSNBC.

Overview

Investment Highlights

Sales Team

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