Listing Agency: CBRE | Midtown Manhattan p***@cbre.com Show Phone

Listed By: Paul Walker Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:57AM

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Investment Insights

Based on property information with market context.

This 12-story multi-tenant building is situated in the Penn Plaza/Garment submarket, located on 34th Street between Fifth and Sixth Avenues.

Key Highlights

• Located on 34th Street between Fifth & Sixth Avenues
• Located in the Penn Plaza/Garment submarket
• 12‑story multi‑tenant building

Property Analytics

Property Profile

Current Use

Law Offices of David ... Law Firm Cellulite Clinique Medical Clinic Dr. Charlie Bui, ... Alternative Medicine Practice The Law Office of Shifa ... Law Firm NOVA Construction Group Construction Company

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Locksmith Parking Lot & Garage Plumbing Service

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

91,205

Businesses Nearby

Explore this area Business Placement

Demographics for 10001, NY

32,612

Population

17,554

Households

1.9

Avg Household Size

35

Median Age

72%

College-Educated

93%

High-School Grad

0.6 sq mi

ZIP Area

54,353

Density / Sq Mi

$123,393

Median Household Income

$97,848

Median Earnings

$3,024

Median Rent

$793,000

Median Home Value

Market

Lease Benchmarks for New York, NY

$65.36 /SF/Yr

Avg Asking Price

$37–$165 /SF/Yr

Price Range

40,095 SF

Avg Space Size

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - Multi-tenant office building in Penn Plaza/Garment submarket for rent.

Where is this office building located?

The property is located at 1 West 34th Street New York, NY.

What are key features of this property?

This property features: Located on 34th Street between Fifth & Sixth Avenues; Located in the Penn Plaza/Garment submarket; 12‑story multi‑tenant building