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    Property profile & analytics

    45 34Th St New York, NY 10001

    • Office buildings
    • 11,295 SF
    • 0.06 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US63-0992820
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ross & Ross / Landscaper
    • AHNE & JI, LLP / Attorney / Legal Services
    • Bella Bridesmaids / Dress Store / Wedding Store
    • Law Office Of Ishrat Sami / Attorney / Personal Injury Attorney
    • P K Engineering PC / Engineering Consultant

    Property Details for 45 34Th St

    Year built
    1910
    Lot size
    0.06 lot acres
    Property size
    11,295 SF
    Zone code
    C5-2
    Property type
    Office buildings
    APN
    00864-0027
    APU
    8640027

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9822
    Latitude
    40.7478
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $110,104
    $661,500
    $451,710
    $1,113,210
    -
    $1,470,000
    $840,000
    $2,310,000

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    • Value Estimation
      $11,490,000
      11,362 SF

      218 Madison Ave

      OFFICE BUILDING (MULTI-STORY) • 11,362 SF
      218 Madison Ave, New York, NY 10016-3466
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    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
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