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Commercial Land with Existing Building
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40 West 34th Street, New York, NY 10016

Development site with an existing commercial building and flexible occupancy status in Midtown South.

Property SizeContact for details
Days on Market142

Property Features for 40 West 34th Street

General Information

Standard status Active
Property subtype VacantLand
Listing Agency: BKREA
Listed By: Bob Knakal · License #10301211305
Source: Commercialcafe
Added: Apr 14 Changed: Aug 30 Last Checked: Aug 30 at 4:00PM

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 BKREA

Investment Insights

Based on property information with market context.

This commercial land offering includes Lot 65 at 40 West 34th Street, improved by a four-story commercial building. The property is currently occupied by commercial tenants, with the option to deliver the building vacant. The lot provides a substantial urban development footprint, measuring over 50 feet of frontage and approximately 98.75 feet in depth.

The site is positioned on the south side of West 34th Street between Fifth Avenue and Avenue of the Americas in Manhattan’s Midtown South neighborhood. Its central corridor location provides direct access to the surrounding commercial district and supports consideration of future residential development, as described for the offering.

Key Highlights

  • Lot 65 with an existing four‑story commercial building
  • Over 50 feet of frontage on West 34th Street
  • Approximately 98.75 feet of lot depth

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.

Location Intelligence

Trade Area within ½ mile

91,205
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development site with an existing commercial building and flexible occupancy status in Midtown South.
Where is this commercial land located?
The property is located at 40 West 34th Street New York, NY.
What are key features of this property?
This property features: Lot 65 with an existing four‑story commercial building; Over 50 feet of frontage on West 34th Street; Approximately 98.75 feet of lot depth
More about this property
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