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11 W 34th St 17,138 SF Retail Building New York, NY 10001 $11,000,000 ($641.85/SF)
Investment Highlights
- Over 17,000 square feet of space, ideal for retail, experiential, and showroom space.
- Generational opportunity to own a retail flagship in the heart of Midtown Manhattan.
- Highly trafficked location with exceptional transit at Herald Square subway and 33rd Street PATH stations.
- Building delivered vacant
Executive Summary
Lee & Associates NYC is pleased to present exclusively for sale the retail building located at 11 West 34th Street, New York, NY 10001 (the “Property”). Located on a main retail artery in the heart of Midtown Manhattan, the Property features approximately 17,138 square feet of space over 6 stories. Formerly Foot Locker’s Manhattan flagship, the Property will be delivered vacant creating the opportunity for an investor to acquire an unencumbered asset or a brand to deliver a new flagship experience in one of the highest foot trafficked locations in the world. 11 West 34th Street represents the opportunity for a brand to capitalize on hundreds of millions of annual impressions, not only providing a flagship location, but serving as a global billboard for the brand.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
17,138 SF
Building Class
C
Year Built/Renovated
1920/2010
Price
$11,000,000
Price Per SF
$641.85
Tenancy
Single
Building Height
6 Stories
Building FAR
5.48
Lot Size
0.07 AC
Zoning
C5-3, C6-4.5 / R10 equiv. - Commercial
Frontage
25’ on West 34th Street
Amenities
- 24 Hour Access
- Bus Line
- Metro/Subway
- Signage
- Air Conditioning
Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0836-0025 | Improvements Assessment | $7,620,300 |
| Land Assessment | $1,242,000 | Total Assessment | $8,862,300 |
Property Taxes
Parcel Number
0836-0025
Land Assessment
$1,242,000
Improvements Assessment
$7,620,300
Total Assessment
$8,862,300
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11 W 34th St
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