2 Herald Sq New York, NY 10001
- Retail properties
- 51,472 SF
Current Use by Public Records
- Retail properties
Property Details for 2 Herald Sq
- Property size
- 51,472 SF
- Property type
- Retail properties
Description
This exceptional retail opportunity is located at 2 Herald Square, situated on the highly coveted corner of 34th Street & 6th Avenue in New York County. The property boasts a total of 51,472 square feet, divided into four individual suites, offering unparalleled flexibility for various retail concepts. Spaces range from a minimum of 1,171 square feet to a maximum contiguous space of 26,992 square feet, catering to businesses of all sizes. Currently, the entire 51,472 square feet is available for lease. This prime location benefits from exceptional foot traffic, with an estimated 100 million pedestrians passing through the 34th Street & Broadway intersection annually. The area generates significant retail and entertainment spending, totaling approximately $3 billion annually. The surrounding area also boasts a substantial workforce of 436,000 employees and an estimated daytime population of 420,000. Furthermore, the property enjoys excellent public transportation access, with 23 million annual riders utilizing the Herald Square subway station (B, D, F, M, N, Q, R, W lines) and 32 million annual riders using Penn Station (1, 2, 3, A, C, E lines). This presents a unique chance to establish a thriving business within one of New York City's most dynamic and high-traffic retail corridors. Don't miss this unparalleled opportunity to secure a prominent retail presence in the heart of Herald Square.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9992
- Latitude
- 40.7537
