Rent Office 10 East 34th Street

10 East 34th Street is a ten-story commercial loft building located in the Midtown East neighborhood of Manhattan, New York City. It was originally constructed in 1907 and serves primarily as an office building with commercial spaces. The building features approximately 53 feet of frontage along a prime Manhattan corridor between Fifth Avenue and Madison Avenue, situated just steps away from iconic landmarks such as the Empire State Building and Grand Central Terminal.

Throughout its history, the building has functioned as a mixed-use office property with ground-floor retail space and nine full floors of office units above. Despite its location on one of Manhattan’s active retail corridors, the specific block faces unique challenges related to pedestrian traffic due to a large adjacent building that limits foot traffic on the north side of 34th Street.

In 2016, 10 East 34th Street was sold for $51.7 million, reflecting its significant market value and the premium location. At the time, the building had approximately 60% vacancy, with the challenge being how to value and market the ground floor and basement retail spaces effectively. This was addressed through detailed market research and innovative strategies, including considering the duplexing of the basement with the ground-floor retail unit to enhance the building's value.

Overall, the building remains an important piece of Manhattan’s commercial real estate fabric, combining early 20th-century architecture with modern-day office functionality in the dynamic Midtown East area.

10 East 34th Street, located in the Midtown East neighborhood of Manhattan, New York City, is a prominent commercial property. This 10-story building was originally constructed in 1907 and features a mix of office and retail spaces. Situated between Madison and Fifth Avenues, it offers proximity to major landmarks such as the Empire State Building and Grand Central Terminal.

The building provides approximately 48,538 square feet of space, with each full floor boasting typical dimensions of about 4,854 square feet. In August 2024, it was reported that a similar property at this address was sold for $51.7 million, highlighting its prime location and potential value in real estate transactions.

The property benefits from its central location, with easy access to public transportation and significant pedestrian traffic. However, challenges exist in valuing certain spaces due to limited pedestrian flow in specific areas of 34th Street.

Neighborhood Amenities: - Location: Between Madison & Fifth Avenues, Midtown East. - Landmarks: Empire State Building, Grand Central Terminal, Macy's Herald Square. - Transportation: Close to bus lines and metro/subway stations.

Additional Features: - Building Class: B. - Year Built: 1907 (altered in 1987). - Stories: 10. - Parking Options: Surface, tandem, and covered parking available.

Building Amenities at 10 E 34th St, Manhattan, NYC

• Bus Line
• Metro/Subway
• Energy Star Labeled
• Surface Parking
• Surface Tandem Parking
• Covered Parking
• Covered Tandem Parking
• Reserved Parking
• Newly-renovated lobby