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Retail Space with Escalators
For Lease
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40 W 34th St, New York, NY 10001

Multi-level premises feature a passenger elevator and escalators serving the primary retail floors.

Space Size4,690 SF - 6,160 SF
Days on Market40

Property Features for 40 W 34th St

General Information

Standard status Active
Size 4,690 SF - 6,160 SF
Net Rentable 9,380 SF
Class Unclassified
Elevators Yes
Property subtype retail

Space & Availability

Available Space 9,380-26,390 SF
Space Use Retail
Condition Move-in Ready
Available From Immediate

Additional Details

Public Transit Yes

Amenities

passenger elevator
escalators

Spaces For Lease

at 40 W 34th St Contact us

Available Space

Floor
2nd
Size
4,690 SF
Type
Retail
Term
Negotiable
Availability
Immediate
Contact us

Available Space

Floor
3rd
Size
6,160 SF
Type
Office
Term
Negotiable
Availability
Immediate
Contact us

Available Space

Floor
4th
Size
6,160 SF
Type
Office
Term
Negotiable
Availability
Immediate
Contact us

Available Space

Floor
Ground
Size
4,690 SF
Type
Retail
Term
Negotiable
Availability
Immediate
Contact us

Available Space

Floor
LL
Size
4,690 SF
Term
Negotiable
Availability
Immediate
Contact us
Listing Agency: New York
Listed By: Erin Grace · License #10301213402
Source: Property.jll
Added: Jul 24 Changed: Aug 30 Last Checked: Sep 1 at 2:41PM

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 New York

Investment Insights

Based on property information with market context.

This retail leasing opportunity includes a move-in-ready build-out with circulation features already in place. A passenger elevator serves the lower level, ground floor, and second floor, while escalators connect the ground and second floors. The premises also include a separate office lobby with a 34th Street entrance and elevator serving the third and fourth floors; that portion may be leased separately.

The property is located at 40 W 34th St in New York, within ½ block of the 34th St-Herald Square subway station. The station serves 39 million passengers annually. The site is also immediately adjacent to the Empire State Building and its re-opened Observatory entrance on 34th Street.

Key Highlights

  • Retail premises at 40 W 34th St, New York, NY 10001
  • Passenger elevator serves the lower level, ground floor, and second floor
  • Escalators connect the ground and second floors

Property Analytics

Current Use

Cornell University Co-Op ... High School Enticing Lingerie Inc Clothing Store Mo Air International Travel Agency Gramercy Strategies LLC Advertising Agency Formidoni Claire L Law Firm

Suggested Use

Top Pick Pet Grooming Service Buffet (Bike/Boat/Book/etc) Store 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

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

$51.93 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
6,191 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-level premises feature a passenger elevator and escalators serving the primary retail floors.
Where is this retail space located?
The property is located at 40 W 34th St New York, NY.
What are key features of this property?
This property features: Retail premises at 40 W 34th St, New York, NY 10001; Passenger elevator serves the lower level, ground floor, and second floor; Escalators connect the ground and second floors
More about this property
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