Office building with commercial space · Midtown South, Manhattan

1 West 34th Street

New York, NY 10001

1 West 34th Street is a 12-floor office building with commercial space in Midtown South, Manhattan, built in 1906, with about 50,000 square feet of office space according to city records.

Office space
50K SF
Floors
12
Year built
1906
Zoning
C5-3

The 154th largest of the 156 office buildings we track in Midtown South. Compare it with 6 neighbors

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Compared with its neighbors

How 1 West 34th Street compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 1 West 34th Street is the smallest by office floor area. Built in 1906, it is the oldest of them. Its estimated property tax, about $34.31 a square foot of floor area before abatements, is above the neighbors' median of $18.45.

1 West 34th Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
1 West 34th StreetThis building50K SF121906$34.31
358 Fifth Avenue1 min walk106K SF131920$22.53
366 Fifth Avenue1 min walk135K SF121908$12.73
7 West 34th Street1 min walk408K SF121910$23.82
3 West 35th Street1 min walk81K SF121912$11.02
Empire State Building, 338 Fifth Avenue1 min walk2.7M SF1021931$18.99
17 West 34th Street1 min walk165K SF141907$17.92
The 154th largest of the 156 office buildings we track in Midtown South: see the full list

Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

ZIP code
10001
Building type
Office building with commercial space (city class O6)
Total floor area
55,550 SF
Commercial floor area
55,550 SF
Office
50,250 SF
Retail
5,300 SF
Height
12 floors
Average floor
About 4,600 SF (floor area divided by floors)
Year built
1906
Last major alteration
1989
Lot area
5,588 SF
Zoning district
C5-3
Built FAR
9.94
Max commercial FAR
15
Tax lot (BBL)
1008360033

Nearest subway

  • 34 St-Herald Sq3 min walk · Accessible station
  • 33 St5 min walk · Not accessible
  • 28 St6 min walk · Not accessible

Nearby large buildings

All 23 large office buildings on West 34th Street

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.

NYC storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered one storefront at 1 West 34th Street for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.

Storefronts registered for December 31, 2024
1
Vacant that day
0
Share vacant across Midtown South
12.7%
Share vacant along West 34th Street
20.5%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20191 of 1
  • 20200 of 1
  • 20210 of 1
  • 20220 of 1
  • 20230 of 1
  • 20240 of 1

Bars show the share of the lot's registered storefronts that stood vacant.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-02. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.

NYC Department of Finance records

Property tax and assessed value

For tax year 2026/27 the city values 1 West 34th Street at $40.4 million and assesses it at $18.2 million. After phase-ins and exemptions its taxable value is $17.6 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $1.91 million a year before abatements, roughly $34.31 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.

Tax class
Class 4 (commercial and industrial)
City market value
$40,411,000
Land market value
$5,370,000
Assessed value
$18,184,950
Taxable value (phased in)
$17,568,000
Estimated yearly tax
About $1.91 million
Tax per SF of floor area
About $34.31

City market value by tax year

  • 2022/23$36.5 million
  • 2023/24$38.7 million
  • 2024/25$39.5 million
  • 2025/26$40.1 million
  • 2026/27$40.4 million

Market value rose 11% from 2022/23 ($36.5 million) to 2026/27.

How Midtown South compares: property tax per SF across NYC neighborhoods

Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll), pulled 2026-10-02; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

1 West 34th Street reported an ENERGY STAR score of 72 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 54.5 kBtu per square foot, 28% below the national median of 75.4 for a similar property. Its greenhouse gas emissions were about 320 metric tons of CO2e (5.29 kg per square foot).

ENERGY STAR score (2024)
72 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
54.5 kBtu/SF
National median for the type
75.4 kBtu/SF
Greenhouse gas emissions
320 t CO2e
Emissions per SF
5.29 kg CO2e
Floor area in the filing
60,564 SF

ENERGY STAR score by year

  • 202273 (B)
  • 202371 (B)
  • 202472 (B)

Energy sources in 2024

  • Electricity55%
  • Fuel oil45%

Share of the energy used on site, as filed.

Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-02; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.

NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 1 West 34th Street.

New jobs, last 12 months
1
Initial permits, last 12 months
1
Newest job first permitted
May 2026
Interior build-outs, last 24 months
0
Facade and sidewalk jobs, last 24 months
1

New jobs by year

  • 20210
  • 20225
  • 20230
  • 20240
  • 20250
  • 2026 to date1

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

Office space nearby in Midtown South

Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.

What a requirement here looks like

No live requirements for office space in Midtown South yet. These labeled examples show what tenants post. List a space in 1 West 34th Street and we match it against every new one automatically.

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Questions about 1 West 34th Street

How big is 1 West 34th Street?

1 West 34th Street has about 56,000 square feet of floor area in total, including 50,000 square feet of office and 5,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 1 West 34th Street built?

City records list 1906 as the year built, with a major alteration recorded in 1989. The building is 12 floors tall.

What is the ZIP code of 1 West 34th Street?

1 West 34th Street is in ZIP code 10001, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 1 West 34th Street, New York, NY 10001, in Midtown South.

What is the zoning at 1 West 34th Street?

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 9.94 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to 1 West 34th Street?

The closest subway station to 1 West 34th Street is 34 St-Herald Sq (the B, D, F, M, N, Q, R and W trains), about 850 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as an accessible station. Also nearby: 33 St (the 6 train), 5 min walk; 28 St (the R and W trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.

What is the energy grade of 1 West 34th Street?

1 West 34th Street reported an ENERGY STAR score of 72 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 72 earns a B. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 54.5 kBtu per square foot, 28% below the national median of 75.4 for a similar property. Its greenhouse gas emissions were about 320 metric tons of CO2e (5.29 kg per square foot).

Is there construction at 1 West 34th Street?

In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 1 West 34th Street. These are the Department of Buildings' DOB NOW work permits for tax lot 1008360033. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

What are the property taxes at 1 West 34th Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $17.6 million for 1 West 34th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.91 million a year, roughly $34.31 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008360033 show the actual bill.

What is the assessed value of 1 West 34th Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 1 West 34th Street at $40.4 million ($5.37 million of it land) and its assessed value at $18.2 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 11% from 2022/23 ($36.5 million) to 2026/27.

Are there vacant storefronts at 1 West 34th Street?

Owners registered one storefront at 1 West 34th Street for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

Is there office space for lease at 1 West 34th Street?

No space at 1 West 34th Street is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.

1,677 buildings from city records

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