The radio , infrared and optical counterparts of the hard X-ray source GRS 1734 - 292 ( l ^ { II } =358 { \hbox to 0.0 pt { . } } ^ { \circ } 9 , b ^ { II } =+1 { \hbox to 0.0 pt { . } } ^ { \circ } 4 ) are reported . The optical spectrum exhibits broad ( > 1000 km s ^ { -1 } ) H \alpha emission at a redshift of 0.0214 \pm 0.0005 . The radio counterpart is a double-sided synchrotron jet of 5 arcsec , which at a distance of 87 Mpc corresponds to a size of 2 kpc . The multiwavelength observations of GRS 1734 - 292 indicate that this X-ray source is a Seyfert 1 galaxy behind 6 \pm 1 magnitudes of visual absorption .