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101 34th St 3,800 SF of Retail Space Available in New York, NY 10016
Highlights
- Positioned in the heart of Herald Square, one of New York’s busiest commercial destinations.
- Heavy year-round pedestrian activity ideal for prominent retail visibility.
- Steps from Macy’s flagship store, Penn Station, and multiple major subway lines.
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 | $162.19 CAD/SF/YR $13.52 CAD/SF/MO $616,324 CAD/YR $51,360 CAD/MO | Modified Gross |
Lower Level
• Currently “Burger King” • Move-in ready QSR space • Equipped with gas and venting • Direct entrance on Broadway • Blade sign opportunity • Highest trafficked subway station in Manhattan
- 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
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
- 8,590
- International
- Cinnabon
- Bakery
- 1,119
- International
- Sunglass Hut
- Optical
- 1,621
- International
| Tenant | Description | US Locations | Reach |
| Burger King | Fast-food | 8,590 | International |
| Cinnabon | Bakery | 1,119 | International |
| Sunglass Hut | Optical | 1,621 | 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 sits at the heart of Herald Square, one of Manhattan’s most iconic and highest-traffic commercial districts. Positioned at the crossroads of 34th Street and Sixth Avenue, the property benefits from unparalleled pedestrian density fueled by flagship retail, major transit connections, and constant tourism activity. The location places the building steps from Macy’s Herald Square, Penn Station, the PATH, and multiple subway lines, giving it exceptional accessibility for commuters and shoppers alike. Surrounded by national retailers, Class-A office towers, and dense residential neighborhoods, 101 W 34th Street is ideal for brands seeking visibility in a globally recognized retail corridor. The immediate streetscape includes continuous foot traffic throughout the day, strong storefront sightlines, and excellent transportation linkages. Buildings along this corridor generally offer large frontage, flexible floor plates, and signage opportunities that capitalize on one of the busiest pedestrian intersections in the United States. With its prominent Midtown position, the property provides an opportunity to establish a presence in a thriving commercial ecosystem where retail, hospitality, and business converge. The surrounding area is known for its year-round vibrancy, high tourist volume, and direct access to transportation hubs, making it a strategic location for retailers, service providers, and experiential concepts aiming to capture both local and international audiences.
- Bus Line
- Metro/Subway
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Demographics
Demographics
Nearby Major Retailers
Presented by
101 34th St
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