5 Penn Plaza Office Spaces For Lease

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$69.0 15,000 $ 86,250 / month
$59.00 29,000 $ 142,583 / month
$35 28,000 $ 81,667 / month
# People $/Person
1-3 $2,000
4-8 $1,700
9-50+ $1,250
Enterprise $/Person
10-20 People -
Luxury- Top Building -
Medium – Good Buildings $1,300 -
Economy Loft buildings -
21-50 People -
Luxury- Top Building -
Medium – Good Buildings $1,150 -
Economy Loft buildings -
51-100 People -
Luxury- Top Building -
Medium – Good Buildings $ 950 -
Economy Loft buildings -

Nearby Office Spaces for Rent

Address $ / SF SF Monthly Rent
W 27Th St & Seventh Avenue Negotiable 2,000 Negotiable
5Th Ave & West 33rd Street Negotiable 2,000 Negotiable
W 32Nd St & Fifth Avenue $50 2,000 $ 8,333
W 30Th St & Avenue of Americas $47 2,000 $ 7,833
W 25Th St & Eleventh Avenue $51 2,000 $ 8,500
Address $ / SF SF Monthly Rent
W 27Th St & Avenue of the Americas $64 3,000 $ 16,000
W 21St St & Seventh Avenue Negotiable 3,000 Negotiable
Fifth Ave & West 34th Street $46 3,000 $ 11,500
W 27Th St & Seventh Avenue $40 3,000 $ 10,000
Eleventh Ave & West 24th Street Negotiable 3,000 Negotiable
Address $ / SF SF Monthly Rent
Fifth Ave & West 30th Street Negotiable 5,000 Negotiable
Seventh Ave & West 25th Street Negotiable 5,000 Negotiable
W 33Rd St & Seventh Avenue Negotiable 5,000 Negotiable
W 26Th St & Twelfth Avenue Negotiable 5,000 Negotiable
W 25Th St & Eleventh Avenue $99 5,100 $ 42,075

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Lease Office 5 Penn Plaza

5 Penn Plaza is a 24 story office building located in the Penn Plaza/Garment neighbourhood of Manhattan. Further information on rent, lease office 5 Penn Plaza includes the following. 5 Penn Plaza does not currently have coworking options available. Despite coworking 5 Penn Plaza not existing, nearby coworking options do exist. The Zip Code for 5 Penn Plaza is 10001. 5 Penn Plaza contains 687,384 square feet of office space for rent. The office space is rated Class A. Construction of 5 Penn Plaza finished in 1915. The fiber providers for 5 Penn Plaza include Verizon New York, Lightower, Level 3 Communications, Cablevision/Lightpath & tw telecom. The tenants for 5 Penn Plaza include Covenant House, which signed a lease for 40000 square feet, SiriusXM, which signed a lease for 85923 square feet, Regus, which signed a lease for 60000 square feet, HLW, which signed a lease for 30000 square feetSmall, medium and large options for rent office 5 Penn Plaza are available. In addition to nearby office building lease options, sublease 5 Penn Plaza options may be provided as well. In 2018, the average office rent at 5 Penn Plaza was $ 68.67 per square foot. In 2019, the average office rent at 5 Penn Plaza was $ 69.0 per square foot. When considering to lease office 5 Penn Plaza average prices per square foot did indeed follow market trends.

Transit options near 5 Penn Plaza include the A, C, E Line train lines which can be accessed at the 34 Street-Penn Station Subway Station with 1 min of walking. 1, 2, 3 Line train lines which can be accessed at the 34 Street-Penn Station Subway Station with 4 min of walking. B, D, F, M, N, Q, R train lines which can be accessed at the 34 Street-Herald Square Subway Station with 8 min of walking. A, C, E train lines which can be accessed at the 42 Street-Port Authority Bus Terminal Subway Station with 9 min of walking. PATH Transit Stop train lines which can be accessed at the 33 St Subway Station with 9 min of walking.

Office Tenants Rented / Leased 5 Penn Plaza
  • HLW leased 30,000 SF
  • Penguin Air Conditioning leased 14,034 SF
  • Gwynnie Bee leased 28,977 SF
  • Puma leased 29,000 SF
  • Saint Vincent Catholic Medical Centers of New York leased 15,254 SF
  • Regus leased 60,000 SF
  • Remedy Partners leased 28,640 SF

5 Penn Plaza Property Overview

Bulding Address: 5 Penn Plz
Bulding Name: 5 Penn Plaza
Building Alternate address(es): 5 Penn plz
Zip Code:10001
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:24
Year Built:1915
Building Class:A
Block & lot:00757-0031

Public Transportation

Time and Distance from 5 Penn Plaza New York, NY 10001
Transit / Subway Distance Walk
34 Street-Penn Station (A,C,E Line) 0.0 mi 1 min
34 Street-Penn Station (1,2,3 Line) 0.2 mi 4 min
34 Street-Herald Square Transit Stop (B, D, F, M, N, Q, R) 0.4 mi 8 min
42 Street-Port Authority Bus Terminal Transit Stop (A, C, E) 0.4 mi 9 min
33 St (PATH) Transit Stop (Hoboken-33rd Street, Journal Square-33rd Street) 0.4 mi 9 min

Map Location

Internet Providers at 5 Penn Plaza

Internet Provider Technology Max Download Speed Max Upload Speed
Verizon New York Fiber 1 Gb/s 25 Mb/s
Lightower Fiber 10 Gb/s 10 Gb/s
Level 3 Communications Fiber 10 Gb/s 10 Gb/s
Cablevision/Lightpath Fiber 10 Gb/s 10 Gb/s
tw telecom Fiber 10 Gb/s 10 Gb/s

Office Rent 5 Penn Plaza Average

Year $ / SF
2018 68.67
2019 69.0
Year $ / SF
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