17 34Th St, New York, NY 10001
This exceptional retail opportunity presents 40,000 square feet of prime space at 17 West 34th Street in Manhattan's vibrant Herald Square. Currently available for the first time in 22 years, this single-story building offers three suites, with a minimum divisible space of 11,000 square feet and a maximum contiguous space of 16,000 square feet. The property boasts excellent condition, having served as a successful apparel store for many years. Key features include exclusive passenger elevators within the space, direct loading access on West 35th Street, and a strategic location directly across from the Empire State Building and adjacent to Amazon's retail and office presence. The high ceilings, column placement, and generous frontage allow for flexible and logical store layouts. Herald Square's unparalleled shopping district benefits from high foot traffic, driven by shoppers, office workers, and tourists, further enhanced by the presence of major retailers such as Macy's, Ulta, Footlocker, Target, Sephora, and Amazon Books. The area's robust public transportation, ranked among NYC's top subway stops, ensures easy accessibility. Future development, including a new Starbucks and the transformation of Penn Station, promises continued growth and increased foot traffic. The possibility of adding a third floor of 16,000 square feet presents an exciting expansion opportunity. This is a rare chance to secure a prominent retail presence in one of Manhattan's most dynamic and sought-after locations.
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ORLY Corporate Office
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Banana Republic Factory Store Jeans Shop Dress Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.