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    45 34Th St New York, NY 10001

    Sponsored
    For Lease
    Contact for pricing

    Prime Herald Square location, multiple units available.

    Lot size:
    9,472 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail opportunity is located at 45 West 34th Street, in the vibrant heart of New York City's Herald Square. The property offers a total of 9,472 square feet of commercial space, currently entirely vacant and available for lease. Multiple units are available, with a minimum divisible space of 553 square feet and a maximum contiguous space of 5,390 square feet, providing flexibility for various business needs. The building's prime location within the bustling Herald Square commercial hub, defined by the intersection of Broadway, Sixth Avenue, and 34th Street, ensures high foot traffic and excellent visibility. This area is renowned for its iconic landmarks, including the elaborate Bennett Clock featuring the famous bell-ringing figures, "Guff" and "Stuff," and is enhanced by award-winning public gardens, offering a unique and attractive environment for businesses. The property is situated in New York County, New York, with a zip code of 10001. This presents a rare chance to establish a presence in one of Manhattan's most sought-after retail destinations. The entire 9,472 square feet is available for immediate occupancy. This is an unparalleled opportunity to capitalize on the high-traffic location and establish a thriving business in the heart of Midtown Manhattan.

    Property Features for 45 34Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,472 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    5,390 SF
    Space
    Cellar
    Size
    3,529 SF
    Space
    Mezzanine
    Size
    553 SF

    HighLights

    • Flagship retail space available at the heart of 34th Street/Herald Square, a high‑traffic area with 100,000 daily pedestrians.
    • Open floor plan.
    • Excellent signage potential.
    • Loading dock access on 35th Street.
    • Adjacent to Ulta Beauty.
    • Directly connected to Herald Square subway station (21M annual riders).
    Property Profile Location Intelligence

    Current Use by Public Records

    Ross & Ross Landscaper AHNE & JI, LLP Attorney Bella Bridesmaids Bridal Shop Law Office Of Ishrat ... Personal Injury Attorney P K Engineering ... Engineering Consultant

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Law Firm Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9869115
    Latitude
    40.749751

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    FAQs

    What type of property is this?
    Retail property - Prime Herald Square location, multiple units available.
    Where is this retail property located?
    The property is located at 45 34Th St New York, NY.
    What are key features of this property?
    This property features: Flagship retail space available at the heart of 34th Street/Herald Square, a high-traffic area with 100,000 daily pedestrians.; Open floor plan.; Excellent signage potential.
    Request Owner's contact information
    45 34Th St New York, NY 10001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    45 34Th St New York, NY 10001
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