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    126 34Th St New York, NY 10120

    For Lease
    Contact for pricing

    Prime Herald Square location, 5,000 sqft available

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5,000 square foot retail space is ideally situated in the vibrant heart of Herald Square, Midtown Manhattan, at 126 West 34th Street, New York, NY 10120. The property offers a unique opportunity for multiple tenants, with two available spaces, each encompassing 2,500 square feet. This prime location benefits from its proximity to major transportation hubs, high foot traffic, and the iconic landmarks of Herald Square, including the renowned Bennett Clock and its captivating features. The area boasts a thriving commercial environment, surrounded by numerous businesses, shops, and attractions, ensuring high visibility and potential for significant customer engagement. This property presents a rare chance to establish a strong presence in one of Manhattan's most sought-after retail districts. The building's total square footage is 5,000 square feet, currently entirely vacant, providing flexibility for customization and tenant build-outs. The address is 126 West 34th Street, situated at the intersection of Broadway, Sixth Avenue, and 34th Street, offering unparalleled accessibility and exposure. This is an exceptional opportunity for businesses seeking a prominent location in a bustling commercial hub.

    Property Features for 126 34Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF

    Unit(s) available at that property

    Space
    Cellar
    Size
    2,500 SF
    Space
    Ground Floor
    Size
    2,500 SF

    HighLights

    • All uses considered.
    • Marquee retail opportunity directly across from Macy's flagship store, attracting 100,000 daily visitors.
    • Large signage opportunity.
    • Directly adjacent to T‑Mobile and 7‑Eleven.
    • Adjacent to Herald Square subway station with 21 million annual riders.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Experience NY Now Souvenir Store

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Grocery Store Law Firm 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
    -73.9891837
    Latitude
    40.750081

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    FAQs

    What type of property is this?
    Retail property - Prime Herald Square location, 5,000 sqft available
    Where is this retail property located?
    The property is located at 126 34Th St New York, NY.
    What are key features of this property?
    This property features: All uses considered.; Marquee retail opportunity directly across from Macy's flagship store, attracting 100,000 daily visitors.; Large signage opportunity.
    Request Owner's contact information
    126 34Th St New York, NY 10120
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    New York, NY 10120
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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
    126 34Th St New York, NY 10120
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