To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.

Killy Dwyer was doing her thing Thursday morning in front of an audience of her peers: performers who call the Under Saint Mark's Theater a second home.

"This is where you can take the risk, and you can experiment, and you can push the boundaries," Dwyer said.

The theater in the basement of 94 St. Mark's Place has been a showplace since the 1970s. The Horse Trade Theater Development Group has been running it since 1999. Last week they heard the building was for sale. The fear is a new owner could shut the theater down, so now Horse Trade is starting a capital campaign to try and buy the building. The property is currently listed at nearly $6 million.

"It would be nice to have this place owned by a company that is dedicated to just keep it performance space," said Horse Trade Theater Group Managing Director Erez Ziv.

Backstage at Under Saint Marks, artists who spoke with NY1 said not only is it a great place to put on a show but that it's also a place to meet other performers and come up with ideas for future shows.

"There's just some kind of energy here that makes you feel like the show is super intimate, and super positive," said Performer Seth Lind.

"It would be pretty rough if we couldn't keep then space or couldn't stay here," said Horse Trade Theater Group Artistic Director Heidi Grumelot.

The building's landlord did not want to comment on the story.

Meantime, Horse Trade say it knows raising the money will be a tall order but that New Yorkers should not count them out.

"It's not common, but it's not impossible and we have been doing the impossible for over a decade now," Ziv said.

For more information on Horse Trade, visit www.horsetrade.info.