140 34Th StNew York, NY 10001

Property Details for 140 34Th St

Year built

1910

Lot size

0.06 AC

Property size (Sq ft)

7,095 SF

Zone code

C1-9

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

00889-0061

APU

8890061

Description

140 West 34th Street offers an exceptional opportunity to lease prime medical office space in the heart of Midtown Manhattan. This 9,000 square foot building, located in New York County, features four available suites, each offering flexible layouts ideal for a variety of medical practices. The entire building is currently vacant, presenting a unique chance to establish a prominent presence in a high-traffic area. Suites range from a minimum of 2,000 square feet to a maximum contiguous space of 2,500 square feet, catering to both small and expanding medical businesses. The property's classification includes retail, office, and restaurant uses, reflecting its versatile nature and prime location. Ceiling heights vary between 13 and 17 feet, providing ample space and a sense of openness. The building's multiple tenancy structure allows for a diverse mix of occupants, creating a vibrant and dynamic environment. This exceptional property at 140 West 34th Street, zip code 10001, presents a rare opportunity to secure a highly desirable medical office space in one of New York City's most sought-after locations. The property's street-level retail component offers additional visibility and potential for synergistic partnerships. The building's location provides easy access to major transportation hubs, ensuring convenient access for both patients and staff. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,454,539

  6.5%

  $1,342,652

  7%

  $1,246,748

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,436,901

  Geo Method

  $1,436,901

• Alternative Use

  Use

  Valuation

  Residential

  $1,342,652

  Hospitality

  $1,229,862

  Educational

  $1,023,230

  Medical

  $1,058,421

  Retail

  $1,591,692

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7459

Longitude

-73.9795

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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