  The radio, infrared and optical counterparts of the hard X-ray source GRS
1734-292 (l{II}=358.9 deg, b{II}=+1.4 deg) are reported. The optical spectrum
exhibits broad (>1000 km s^-1) H alpha emission at a redshift of 0.0214 +/-
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 +/- 1 magnitudes of visual absorption.
