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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
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40 West 34th Street, New York, NY 10001 2
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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
Estimated property tax $1,665,339

Lot & Building Information for 40 West 34th Street, New York

Lot sqft 4,937
Lot dimensions 50 ft x 98.75 ft
Building class Predominant Retail with Other Uses (K4)
Building sqft 18,760
Building dimensions 50 ft x 99 ft
Buildings on lot 1
Stories 4
Year built 1930
Year last altered 2008
Construction type
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Zoning & Use for 40 West 34th Street, New York

Zoning
Commercial units 2
Office sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


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

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 40 West 34th Street, New York, NY 10001, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 40 West 34th Street, New York, NY 10001, including DOB violations, ECB violations, HPD violations and 311 complaints.

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

How many square feet does 40 West 34th Street, New York, NY 10001 have?

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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Property owner name for 40 West 34th Street, New York, NY 10001
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Building contacts for 40 West 34th Street, New York, NY 10001
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 40 West 34th Street, New York

No photo available
40 W 34th St
Listing type For Lease
Listing date 07/12/2024
Last updated 04/30/2026
Lot size 0.113 Acre
View Listing
Spaces
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

No photo available
40 West 34th Street
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 (“the Site”), a premier residential development opportunity located in Manhattan’s 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 Site’s scale, positioning, and accessibility make it an exceptional opportunity for developers seeking to deliver a high-quality residential project in one of Manhattan’s most iconic corridors.BKREA has been retained on an exclusive basis to arrange the sale of 40 West 34th Street (“the Site”), a premier residential development opportunity located in Manhattan’s 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 Site’s scale, positioning, and accessibility make it an exceptional opportunity for developers seeking to deliver a high-quality residential project in one of Manhattan’s most iconic corridors.

View Listing

Brokers

Bob Knakal
Active Listings For This Property:
For Lease No photo available
40 W 34th St
40 West 34th Street, New York
Property Retail
Availability 5 Spaces listed / 26390 Sqft
Price Listing price not available
For Sale No photo available
40 West 34th Street
40 West 34th Street, New York
Property VacantLand
Availability Spaces listed / Sqft
Price $0
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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

Title Documents for 40 West 34th Street, New York

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Date Type Amount Party 1 Party 2 Doc image
07/23/2025 - D
08/11/2025 - R
Assignment of Leases and Rents
(2025080600529001)
03/06/2020 - D
03/23/2020 - R
Termination of Assign of L&R
(2020031000264004)
03/06/2020 - D
03/23/2020 - R
Assignment of Leases and Rents
(2020031000264003)
03/06/2020 - D
03/23/2020 - R
Agreement
(2020031000264002)
03/06/2020 - D
03/23/2020 - R
Assignment, Mortgage
(2020031000264001)
02/11/2015 - R UCC3 Termination
(2015020600427007)
02/11/2015 - R Initial UCC1
(2015020600427005)
02/02/2015 - D
02/27/2015 - R
Agreement
(2015022300885001)
02/02/2015 - D
02/11/2015 - R
Assignment of Leases and Rents
(2015020600427004)
02/02/2015 - D
02/11/2015 - R
Agreement
(2015020600427003)
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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.

Filing date Job type Job status Job description Initial cost
03/09/2020 Alteration type 2
04/19/2019 Alteration
07/12/2013 Alteration type 2
07/11/2013 Sign
07/11/2013 Sign
07/11/2013 Sign
07/11/2013 Sign
06/25/2013 Alteration type 2
05/06/2013 Alteration type 2
04/17/2013 Alteration type 3
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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.

Median Price/Sqft Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 6th Ave & 34th St at SE Corner
Station lines B-D-F-M-N-Q-R
Distance (miles) 0.044
View subway map
Bus Routes
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
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