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101 34th St 3,800 SF of Retail Space Available in New York, NY 10016
Highlights
- Currently occupied by Burger King, 101 34th Street is a move-in-ready QSR with a fully built kitchen with gas, venting, and a spacious dining area.
- Capture nonstop commuter, tourist, and office traffic fueled by multiple subway lines, PATH access, and regional rail connectivity.
- Prime Herald Square frontage with direct Broadway and subway entrances and blade signage at Manhattan’s highest-trafficked station.
- Surrounded by Gucci, Louis Vuitton, Target, and destination landmarks like Madison Square Garden, 101 34th Street benefits from year-round tourism.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level | 3,800 SF | 10-15 Years | $118.42 /SF/YR $9.87 /SF/MO $449,996 /YR $37,500 /MO | Modified Gross |
Lower Level
Currently occupied by Burger King, this move-in-ready QSR space is equipped with gas and venting, features a direct entrance on Broadway, offers a blade sign opportunity, and sits within Manhattan’s highest-trafficked subway station.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Fast Food Restaurant
- Located in-line with other retail
- Central Air Conditioning
- Freezer Space
- Drop Ceilings
- Display Window
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 101 34th St, New York, NY 10016
- Tenant
- Description
- US Locations
- Reach
- Burger King
- Fast-food
- 8,585
- International
- Cinnabon
- Bakery
- 1,118
- International
- Sunglass Hut
- Optical
- 1,649
- International
| Tenant | Description | US Locations | Reach |
| Burger King | Fast-food | 8,585 | International |
| Cinnabon | Bakery | 1,118 | International |
| Sunglass Hut | Optical | 1,649 | International |
Property Facts
| Total Space Available | 3,800 SF | Gross Leasable Area | 5,900 SF |
| Property Type | Retail | Year Built | 1930 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 3,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,900 SF |
| Year Built | 1930 |
About the Property
101 W 34th Street presents a rare 3,800-square-foot, move-in-ready quick-service restaurant (QSR) opportunity in the heart of Herald Square. Currently operating as Burger King, the space is fully equipped with gas, venting, a commercial kitchen, a dedicated prep area, and an expansive dining floor, allowing for seamless transition to a new operator. Direct entrances on Broadway and at the subway level, combined with a blade signage opportunity, position the storefront for maximum visibility at one of Manhattan’s most trafficked transit nodes. This offering delivers immediate operational capability within a globally recognized retail corridor. The building sits at the crossroads of 34th Street and Sixth Avenue in Herald Square, steps from Macy's Herald Square, Penn Station, and the Port Authority Trans-Hudson (PATH), with access to multiple subway lines below. The immediate streetscape supports continuous pedestrian density fueled by commuters, tourists, and office professionals. Surrounding anchors include Gucci, Louis Vuitton, Target, and Sephora, as well as proximity to Madison Square Garden and the Empire State Building. This transit-oriented location captures a blend of destination retail shoppers, regional commuters, and visitors, creating a dynamic customer base. Herald Square remains one of the most productive retail submarkets in the United States, defined by flagship storefronts, Class A office towers, dense residential populations, and year-round tourism. The neighborhood’s scale and infrastructure support high-volume food and beverage concepts. 101 W 34th Street offers the opportunity to establish a commanding presence within a proven high-traffic ecosystem and convert constant foot flow into measurable performance.
- Bus Line
- Metro/Subway
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Demographics
Demographics
Nearby Major Retailers
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101 34th St
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