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    34 35Th St New York, NY 10001

    For Sale
    Contact for pricing

    Prime NYC location, 6,000 SF, turnkey.

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional mixed-use property at 34 W 35th Street in New York City's vibrant Midtown Manhattan presents a unique investment opportunity. The 6,000 square foot building boasts a prime location, offering unparalleled access to high foot traffic and a diverse clientele. Currently configured as a turnkey restaurant and bar, the space is complemented by one office unit and two residential units, providing a diverse income stream. The building's C6-4.5 and MiD zoning permits a variety of uses, allowing for flexibility and future development potential. Situated on a 1,500 square foot lot, the four-story building is conveniently located near Herald Square, Koreatown, and the iconic Empire State Building. Excellent public transportation access is provided by numerous subway lines (N, Q, R, W, B, D, F, M, 1, 2, 3) ensuring easy commutes for both tenants and patrons. This turnkey operation offers immediate return on investment with existing tenants in place, making it an ideal acquisition for savvy investors seeking a high-return property in a highly desirable location. The property's versatility and strategic location make it a compelling investment opportunity in one of New York City's most dynamic neighborhoods.

    Property Features for 34 35Th St

    General Information

    Property type
    Restaurants
    Square Feet
    6,000 SF

    Building Details

    Buildings
    1
    Stories
    4

    HighLights

    • Prime Midtown Manhattan location at 34 W 35th Street.
    • 6,000 square foot mixed‑use building with high foot traffic.
    • Turnkey restaurant/bar, one office, and two residential units provide diverse income streams.
    • C6‑4.5 and MiD zoning allows for flexible future development.
    • Situated on a 1,500 square foot lot near Herald Square, Koreatown, and the Empire State Building.
    • Excellent public transportation access (N, Q, R, W, B, D, F, M, 1, 2, 3 subway lines).
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Howard Goodman Chiropractor Barn Joo 35 Korean Restaurant Premium Custom Insoles ... Orthotics & Prosthetics Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    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
    -73.9858211
    Latitude
    40.7496638

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    FAQs

    What type of property is this?
    Restaurant - Prime NYC location, 6,000 SF, turnkey.
    Where is this restaurant located?
    The property is located at 34 35Th St New York, NY.
    What are key features of this property?
    This property features: Prime Midtown Manhattan location at 34 W 35th Street.; 6,000 square foot mixed-use building with high foot traffic.; Turnkey restaurant/bar, one office, and two residential units provide diverse income streams.
    Request Owner's contact information
    34 35Th 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
    34 35Th St New York, NY 10001
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