For Sale
$8,250,000

34 36Th StNew York, NY 10018

Prime NYC location, high potential, flexible space.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional six-story executive office building at 34 West 36th Street, situated in Midtown South between 5th and 6th Avenues, presents a compelling investment opportunity. The property boasts a substantial 11,280 to 19,750 square feet of space, currently configured with open floor plans allowing for flexible use and customization to suit various business needs. The asking price is $8,250,000, translating to a price per square foot of $731. The master lease expires in December 2024, providing a significant opportunity for repositioning the property or owner-user occupancy. The building's strategic location offers unparalleled access to major transportation hubs, including Penn Station, and numerous subway lines (1,2,3,B,D,F,M,N,Q,R,W), as well as the LIRR and Amtrak. Nearby attractions such as Madison Square Garden, the Empire State Building, and Bryant Park further enhance its desirability. Adding to its potential, the property includes 8,470 square feet of available air rights, presenting significant upside for future development. The lot size is 1,975 square feet, and the permitted zoning is M1-6. This is a rare chance to acquire a well-located, adaptable office building in a thriving New York City market.

Highlights

  • Six-story, 11,280 square foot elevator building in Midtown South, between 5th and 6th Avenues.
  • Master lease expiration in December 2024 presents repositioning or owner-user potential.
  • Flexible open floor plans.
  • Excellent Midtown South location near Penn Station, Madison Square Garden, Empire State Building, and Bryant Park.
  • Abundant transit options including LIRR, Amtrak, and numerous subway lines (1, 2, 3, B, D, F, M, N, Q, R, W).
  • 8,470 square feet of available air rights.

Property Details for 34 36Th St

Property type
Office properties, Mixed-use properties
Square Feet
11,280 SF
Stories
6

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7501977
Longitude
-73.985281
34 36Th St, New York, New York

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34 36Th St
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