40 West 34th Street, New York, NY 10001 Property Information
40 West 34th Street, New York, NY 10001 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 40 West 34th Street |
| Secondary address | 40-42 W 34th St |
| Neighborhood | Koreatown |
| Zip code | 10001 |
| Borough | Manhattan |
| Block & lot | 00835-0065 |
Sales & Tax Overview for 40 West 34th Street, New York
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 12/09/2002 |
| Purchase price | $10,452,000 |
| Tax class | Register |
| Estimated property tax | $1,665,339 |
Lot & Building Information for 40 West 34th Street, New York
| Lot sqft | 4,937 |
| Lot dimensions | |
| Building class | Predominant Retail with Other Uses (K4)
|
| Building sqft | 18,760 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 4 |
| Year built | 1930 |
| Year last altered | 2008 |
| Construction type | Register |
Area Overview
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.51 Miles |
| Closest fire station | 0.20 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 40 West 34th Street, New York
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 40-42 W 34th St, New York, NY 10001
About 40 West 34th Street, New York
This Predominant Retail with Other Uses (K4) located at 40 West 34th Street, New York, NY 10001 has a total of 18,760 square feet.
What is the year built & the current market value of 40 West 34th Street, New York, NY 10001?40 West 34th Street, New York, NY 10001 was built in 1930 and has a current tax assessor's market value of $36,351,000.
How many commercial spaces does this building have?This building has 2 commercial spaces available for lease. There are 6 active listings at this address.
Ownership Information for 40 West 34th Street, New York
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Spaces for Lease in 40 West 34th Street, New York
| Listing type | For Lease |
|---|---|
| Listing date | 07/12/2024 |
| Last updated | 04/30/2026 |
| Lot size | 0.113 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 2nd Floor | Retail | Listing price not available | 4,690 | Erin Grace Hilary Sievers Jesse Wolff |
| Ground Floor | Retail | Listing price not available | 4,690 | Erin Grace Hilary Sievers Jesse Wolff |
| Lower Level | Retail | Listing price not available | 4,690 | Erin Grace Hilary Sievers Jesse Wolff |
| 3rd Floor | Office | Listing price not available | 6,160 | Erin Grace Hilary Sievers Jesse Wolff |
| 4th Floor | Office | Listing price not available | 6,160 | Erin Grace Hilary Sievers Jesse Wolff |
Spaces for Sale in 40 West 34th Street, New York
| Listing type | For Sale |
|---|---|
| Listing date | 04/13/2026 |
| Last updated | 05/06/2026 |
| Lot size | 1.1334 Acre |
AABKREA has been retained on an exclusive basis to arrange the sale of 40 West 34th Street (âthe Siteâ), a premier residential development opportunity located in Manhattanâs Midtown South neighborhood. The Site is situated on the south side of West 34th Street between Fifth Avenue and Avenue of the Americas. Currently, the property comprises Lot 65, which is improved with a four-story commercial building. The building is presently occupied by commercial tenants but can be delivered vacant. The lot offers over 50 feet of frontage and approximately 98.75 feet of depth, creating a substantial development footprint. The Siteâs scale, positioning, and accessibility make it an exceptional opportunity for developers seeking to deliver a high-quality residential project in one of Manhattanâs most iconic corridors.BKREA has been retained on an exclusive basis to arrange the sale of 40 West 34th Street (âthe Siteâ), a premier residential development opportunity located in Manhattanâs Midtown South neighborhood. The Site is situated on the south side of West 34th Street between Fifth Avenue and Avenue of the Americas. Currently, the property comprises Lot 65, which is improved with a four-story commercial building. The building is presently occupied by commercial tenants but can be delivered vacant. The lot offers over 50 feet of frontage and approximately 98.75 feet of depth, creating a substantial development footprint. The Siteâs scale, positioning, and accessibility make it an exceptional opportunity for developers seeking to deliver a high-quality residential project in one of Manhattanâs most iconic corridors.
Brokers
Past Sales & Property History for 40 West 34th Street, New York
Create a free account to view the complete sales history for 40 West 34th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 12/09/2002 | $10,452,000 | Register | Register |
Title Documents for 40 West 34th Street, New York
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
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R: Recorded date
D: Document date
Property Taxes for 40 West 34th Street, New York
Access detailed property tax data for 40 West 34th Street, New York, NY 10001. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $1,540,478 |
| Estimated property tax: | $1,665,339 |
| Tax assessor's market value: | $36,351,000 |
| Assessed value: | $16,357,950 |
Assessment History for 40 West 34th Street, New York
Here's the assessment & property tax history for 40 West 34th Street, New York, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $36,351,000 | $16,357,950 | $14,200,571 | 10.848% | $1,540,478 | $1,540,478 | +6.87% |
| 2024/25 | $35,653,000 | $16,043,850 | $13,394,160 | 10.762% | $1,441,479 | $1,441,479 | +14.35% |
| 2023/24 | $35,556,000 | $16,000,200 | $11,901,590 | 10.592% | $1,260,616 | $1,260,616 | +13.66% |
| 2022/23 | $29,214,000 | $13,146,300 | $10,417,750 | 10.646% | $1,109,074 | $1,109,074 | +5.86% |
| 2021/22 | $23,783,000 | $10,702,350 | $9,740,950 | 10.755% | $1,047,639 | $1,047,639 | +6.02% |
Permits for 40 West 34th Street, New York
The complete history of permits filed for 40 West 34th Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Manhattan Commercial Market Stats
Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.
Check out recently sold homes in Manhattan and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | 6th Ave & 34th St at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | B-D-F-M-N-Q-R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.044 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | W 34 St/Broadway | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M34A+ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.045 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 40 West 34th Street, New York
Here are the neighbors for 40 West 34th Street, New York, NY 10001.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 36 W 34th St, New York | 19,268 | 10/29/2004 | $74,119,171 |
| 45 W 34th St, New York | 89,582 | 11/15/2001 | |
| 34 W 34th St, New York | 4,219 | 07/11/2007 | |
| 22 W 34th St, New York | 67,911 | 05/09/2002 | |
| 49 W 33rd St, New York | 17,160 | 12/30/2013 | $13,350,000 |
| 44 W 34th St, New York | 9,845 | 05/09/2002 | |
| 31 W 34th St, New York | 275,609 | 02/01/2002 | |
| 21 W 34th St, New York | 19,054 | 08/29/2016 | |
| 350 5th Ave, New York | 2,812,739 | 10/07/2013 | $491,629,650 |
| 38 W 34th St, New York | 9,720 | 03/10/1997 | |
| 35 W 33rd St, New York | 160,126 | 11/03/2008 | $145,000 |
| 1270 Broadway, New York | 117,650 | 02/14/2007 | $30,500,000 |
| 43 W 33rd St, New York | 39,821 | 11/25/2003 | |
| 41 W 34th St, New York | 12,900 | 11/15/2001 | |
| 11 W 34th St, New York | 17,153 | 12/16/2010 | |
| 7 W 34th St, New York | 431,082 | 01/23/2026 | |
| 29 W 34th St, New York | 17,750 | 08/29/2016 | |
| 19 W 34th St, New York | 193,957 | 06/07/2010 |