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Rent/Lease Office 1 Penn Plz
Lease Office 1 Penn Plz
Rent Sublease Office at 1 Penn Plz
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Bryant Park & Sixth Avenue | $ 60 | 14,000 |
$ 70,000 |
| Penn Plaza & West 33rd Street | $ 41.5 | 29,000 |
$ 100,291 |
| Broadway & West 36th Street | $ 48 | 11,700 |
$ 46,800 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 36th Street | $ 55.5 | 3,200 |
$ 14,800 |
| Broadway & West 41st Street | $ 56.5 | 4,700 |
$ 22,129 |
| Fifth Ave & West 33rd Street | $ 71 | 4,300 |
$ 25,441 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 41st Street | $ 55 | 2,200 |
$ 10,083 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 40th St & Seventh Avenue | $ 38 | 15,100 |
$ 47,816 |
| W 37th St & Avenue of the Americas | $ 34.5 | 10,200 |
$ 29,325 |
| W 37th St & Sixth Avenue | $ 33.5 | 11,400 |
$ 31,825 |
| Broadway & West 37th Street | $ 42 | 11,100 |
$ 38,850 |
| Ninth Ave & West 34th Street | $ 35 | 24,600 |
$ 71,750 |
| Seventh Ave & West 38th Street | $ 38 | 7,700 |
$ 24,383 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| 6th Ave & Between Broadway | $ 47 | 4,400 |
$ 17,233 |
| Seventh Ave & West 38th Street | $ 45 | 5,200 |
$ 19,500 |
| W 37th St & Between Fifth Avenue | $ 50 | 3,200 |
$ 13,333 |
| W 37th St & Sixth Avenue | $ 35 | 3,500 |
$ 10,208 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 35th Street | $ 40 | 2,100 |
$ 7,000 |
| Seventh Ave & West 38th Street | $ 45 | 2,400 |
$ 9,000 |
| Penn Plaza & Eighth Avenue | $ 40 | 1,800 |
$ 6,000 |
| Tenth Ave & West 37th Street | $ 46.5 | 2,200 |
$ 8,525 |
| W 36th St & Between Eighth Avenue | $ 38 | 1,600 |
$ 5,066 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 37th St & Seventh Avenue | $ 30 | 7,300 |
$ 18,250 |
| W 36th St & Eighth Avenue | $ 33 | 7,800 |
$ 21,450 |
| W 30th St & Fifth Avenue | $ 30 | 7,100 |
$ 17,750 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 32nd Street | $ 46.28 | 3,500 |
$ 13,498 |
| W 37th St & Ninth Avenue | $ 40 | 4,500 |
$ 15,000 |
| W 39th St & Avenue of the Americas | $ 35 | 4,200 |
$ 12,250 |
| W 30th St & Fifth Avenue | $ 33 | 5,000 |
$ 13,750 |
| Penn Plaza & West 30th Street | $ 48 | 2,500 |
$ 10,000 |
| W 36th St & Eighth Avenue | $ 35.5 | 6,000 |
$ 17,750 |
| W 35th St & Seventh Avenue | $ 35.5 | 5,300 |
$ 15,679 |
| W 38th St & Eighth Avenue | $ 35 | 4,400 |
$ 12,833 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Penn Plaza & West 30th Street | $ 47 | 2,000 |
$ 7,833 |
| W 36th St & Eighth Avenue | $ 49 | 2,400 |
$ 9,800 |
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | |||
| Interior office/person | |||
| Team Rooms | |||
| Suites |
Nearby office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 39th Street | $ 59 | 10,900 |
$ 53,591 |
| Bryant Park & Avenue of the Americas | $ 99 | 7,400 |
$ 61,050 |
| Broadway & West 41st Street | $ 70.5 | 13,200 |
$ 77,550 |
| Fifth Ave & West 38th Street | $ 56.5 | 17,600 |
$ 82,866 |
| Ninth Ave & Between Dyer Avenue | $ 128.5 | 9,400 |
$ 100,658 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 41st Street | $ 55 | 2,800 |
$ 12,833 |
| W 34th St & Between Seventh Avenue | $ 70 | 4,700 |
$ 27,416 |
| Broadway & West 36th Street | $ 65.5 | 4,600 |
$ 25,108 |
| 2 & West 31st Street | $ 140.5 | 5,300 |
$ 62,054 |
| W 40th St & Avenue of the Americas | $ 73 | 2,900 |
$ 17,641 |
| Fifth Ave & West 38th Street | $ 61 | 3,800 |
$ 19,316 |
| W 38th St & Avenue of the Americas | $ 56 | 3,500 |
$ 16,333 |
| W 37th St & Between Fifth Avenue | $ 62.5 | 3,200 |
$ 16,666 |
| Broadway & West 37th Street | $ 67.5 | 5,500 |
$ 30,937 |
| Fifth Ave & West 33rd Street | $ 84 | 4,500 |
$ 31,500 |
| Bryant Park & Sixth Avenue | $ 49 | 5,600 |
$ 22,866 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 37th Street | $ 67.5 | 2,300 |
$ 12,937 |
| Fifth Ave & West 33rd Street | $ 86.5 | 2,100 |
$ 15,137 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| 6th Ave & Between Broadway | $ 59 | 7,600 |
$ 37,366 |
| Broadway & West 39th Street | $ 52 | 21,400 |
$ 92,733 |
| W 39th St & Avenue of the Americas | $ 49 | 7,800 |
$ 31,850 |
| Broadway & West 38th Street | $ 54 | 9,500 |
$ 42,750 |
| W 39th St & Eighth Avenue | $ 40.5 | 9,300 |
$ 31,387 |
| 7th Ave & Between Seventh Avenue | $ 55.5 | 7,800 |
$ 36,075 |
| Seventh Ave & West 35th Street | $ 46.5 | 10,000 |
$ 38,750 |
| Eighth Ave & West 36th Street | $ 40.5 | 7,500 |
$ 25,312 |
| Eighth Ave & Between Eighth Avenue | $ 40 | 7,900 |
$ 26,333 |
| W 36th St & Avenue of the Americas | $ 44 | 10,000 |
$ 36,666 |
| Broadway & West 32nd Street | $ 44 | 9,800 |
$ 35,933 |
| W 38th St & Fifth Avenue | $ 62 | 7,500 |
$ 38,750 |
| Fifth Ave & West 34th Street | $ 49 | 7,400 |
$ 30,216 |
| Tenth Ave & West 37th Street | $ 49.5 | 7,900 |
$ 32,587 |
| W 33rd St & Fifth Avenue | $ 40.5 | 7,100 |
$ 23,962 |
| W 34th St & Fifth Avenue | $ 31 | 7,300 |
$ 18,858 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 39th St & Ninth Avenue | $ 39 | 3,500 |
$ 11,375 |
| Broadway & West 38th Street | $ 49 | 2,800 |
$ 11,433 |
| W 39th St & Eighth Avenue | $ 35 | 3,000 |
$ 8,750 |
| Seventh Ave & West 38th Street | $ 52 | 3,100 |
$ 13,433 |
| Broadway & West 39th Street | $ 52 | 3,000 |
$ 13,000 |
| Eighth Ave & Between Eighth Avenue | $ 38 | 2,700 |
$ 8,550 |
| Eighth Ave & West 35th Street | $ 35 | 3,200 |
$ 9,333 |
| Eighth Ave & West 36th Street | $ 38 | 2,700 |
$ 8,550 |
| W 42nd St & Broadway | $ 64 | 2,500 |
$ 13,333 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| 6th Ave & Between Broadway | $ 58 | 1,900 |
$ 9,183 |
| Broadway & West 39th Street | $ 52 | 1,700 |
$ 7,366 |
| W 36th St & Eighth Avenue | $ 35 | 1,600 |
$ 4,666 |
| W 38th St & Fifth Avenue | $ 35 | 2,200 |
$ 6,416 |
| Seventh Ave & West 40th Street | $ 54 | 1,500 |
$ 6,750 |
| Eighth Ave & West 35th Street | $ 35 | 1,700 |
$ 4,958 |
| W 39th St & Ninth Avenue | $ 39 | 1,800 |
$ 5,850 |
| Eighth Ave & West 37th Street | $ 37 | 1,700 |
$ 5,241 |
| W 40th St & Avenue of the Americas | $ 74 | 1,600 |
$ 9,866 |
| Broadway & West 38th Street | $ 52 | 1,900 |
$ 8,233 |
| W 38th St & Eighth Avenue | $ 35 | 2,000 |
$ 5,833 |
| W 34th St & Avenue of the Americas | $ 45 | 2,000 |
$ 7,500 |
| 7th Ave & Between Seventh Avenue | $ 57 | 1,600 |
$ 7,600 |
| Eighth Ave & West 36th Street | $ 42 | 2,200 |
$ 7,700 |
| Avenue of the Americas & West 31st Street | $ 79 | 2,400 |
$ 15,800 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 35th St & Seventh Avenue | $ 32 | 8,500 |
$ 22,666 |
| W 33rd St & Fifth Avenue | $ 39 | 8,100 |
$ 26,325 |
| W 35th St & Fifth Avenue | $ 41.5 | 8,200 |
$ 28,358 |
| Eighth Ave & West 36th Street | $ 42 | 16,000 |
$ 56,000 |
| Eighth Ave & West 39th Street | $ 41 | 11,400 |
$ 38,950 |
| Broadway & West 31st Street | $ 50 | 7,700 |
$ 32,083 |
| W 37th St & Eighth Avenue | $ 46.5 | 10,000 |
$ 38,750 |
| W 35th St & Broadway | $ 36.5 | 7,700 |
$ 23,420 |
| W 37th St & Avenue of the Americas | $ 38.5 | 7,200 |
$ 23,100 |
| W 36th St & Eighth Avenue | $ 29.5 | 9,500 |
$ 23,354 |
| W 36th St & Ninth Avenue | $ 36.5 | 8,500 |
$ 25,854 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 40th St & Eighth Avenue | $ 25 | 4,000 |
$ 8,333 |
| Seventh Ave & West 30th Street | $ 35 | 3,800 |
$ 11,083 |
| W 35th St & Seventh Avenue | $ 44 | 2,900 |
$ 10,633 |
| W 38th St & Eighth Avenue | $ 39 | 3,500 |
$ 11,375 |
| Seventh Ave & West 39th Street | $ 45 | 5,800 |
$ 21,750 |
| W 35th St & Columbus Avenue | $ 40 | 3,000 |
$ 10,000 |
| Broadway & West 31st Street | $ 44.5 | 2,600 |
$ 9,641 |
| W 36th St & Between Broadway | $ 33 | 6,000 |
$ 16,500 |
| W 35th St & Seventh Avenue | $ 36.5 | 4,400 |
$ 13,383 |
| W 37th St & Ninth Avenue | $ 40.39 | 4,600 |
$ 15,482 |
| W 38th St & Fifth Avenue | $ 39 | 2,700 |
$ 8,775 |
| W 39th St & Fifth Avenue | $ 43 | 6,500 |
$ 23,291 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 38th St & Ninth Avenue | $ 32 | 1,600 |
$ 4,266 |
| W 30th St & Eighth Avenue | $ 28 | 2,000 |
$ 4,666 |
| Eighth Ave & West 36th Street | $ 38 | 1,600 |
$ 5,066 |
| W 39th St & Eighth Avenue | $ 37 | 1,700 |
$ 5,241 |
| W 35th St & Seventh Avenue | $ 35.5 | 2,300 |
$ 6,804 |
Retail Spaces for Rent at 1 Penn Plz
Rent Retail 1 Penn Plz
Rent Medical Space at 1 Penn Plz
Office Tenants Rented / Leased 1 Penn Plaza
- JMSearch leased 7,000 SF
- Logicalis Group leased 6,993 SF
- Magnacare leased 6,636 SF
- National Cyber Forensics… leased 4,863 SF
- Siegel & Siegel, P.C. leased 4,101 SF
- Silver Star Properties Corp leased 3,390 SF
- Golkow Technologies leased 6,542 SF
- IT Involve leased 4,686 SF
- HTS Engineering, Inc. leased 4,064 SF
- Reid & Wise leased 3,526 SF
- Starbucks leased 2,936 SF
- Wasabi Sushi & Bento leased 2,705 SF
- Pret A Manger leased 1,939 SF
Nearby Office Tenants Leased
- Oce Business Services leased 41,000 SF at 460 West 34th St
- Mason Tender's District Council Welfare Fund leased 40,000 SF at 520 Eighth Avenue
- Mueser Rutledge Consulting leased 37,000 SF at 14 Penn Plaza
- Gina Group leased 36,102 SF at 10 West 33rd Street
- The Oved Group leased 35,800 SF at 31 West 34th St
- Knotel leased 35,286 SF at 22 West 38th Street
- Cicatelli Associates leased 33,446 SF at 505 Eighth Ave
- Primary leased 31,083 SF at 251 West 30th Street
- Retail Wholesale and Department Store Union leased 30,500 SF at 7 Penn Plaza
- Kelly Grace Corp leased 28,000 SF at 49 West 37th St
- Designer Concepts Distribution leased 4,000 SF at 141 West 36th St
- GameStop leased 4,000 SF at 50 West 34th St
- Amici 36 leased 4,000 SF at 519 Eighth Ave
- Apparel Trading International leased 4,000 SF at 149 West 36th St
- J.C. Nova leased 3,600 SF at 42 West 38th St
- Consulate General of Honduras leased 3,500 SF at 255 West 36th St
- Wasabi leased 3,400 SF at 561 Seventh Ave
- PYA Importer leased 3,195 SF at 35 West 36th Street
- Scott Galin and Darell Handler, Handler Real Estate leased 3,100 SF at 8 West 38th Street
- Neutral Ground leased 3,000 SF at 15 West 37th St
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 1 Penn Plaza. This trend is projected to continue. Opportunities for subleases remain available at 1 Penn Plaza and in the nearby Penn Plaza/Garment neighborhood.
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Why Optimal Spaces Tenant Broker
- Lease negotiation: full terms, renewals, expansion options
- Cost analysis, inventory identification, negotiating scope
- Risk mitigation against hidden pitfalls
Cost Savings
- Negotiate 30+ leasing points to prevent hidden costs
- Save 10–15% on total leasing costs
- Save 100–200 hours filtering unviable spaces
- Property access via broker databases and networks (off-market, subleases, future availability)
Alone or With Other Brokers
- Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
- Inherent conflict of interest as most brokers represent landlords
- Risk of weaker terms and overlooked hidden costs
- Heavy workload falls on you while best spaces are missed
1 Penn Plaza Property Overview
| Building Address: | 1 Penn Plz, New York NY 10119 |
| Building Name: | One Penn Plaza |
| Building Alternate Address: | 1 Penn plz |
| Zip Code: | 10119 |
| Neighborhood: | Penn Plaza/Garment |
| Borough: | Manhattan |
| Stories: | 57 |
| Year Built: | 1972 |
| Building Class: | A |
| Block & lot: | 00783-0070 |
One Penn Plaza is a prominent skyscraper located in Manhattan, New York City. Completed in 1972, it was designed by Kahn & Jacobs. The building stands at 751 feet with 57 floors, making it the tallest in the Pennsylvania Plaza complex. Situated between 33rd and 34th Streets, west of Seventh Avenue, it offers unobstructed views of the Hudson River for many of its tenants. The building features three setbacks at the 7th, 14th, and 55th floors and includes an underground parking garage with 695 spaces. One Penn Plaza is currently owned by Vornado Realty Trust.
1 Penn Plaza, Manhattan, NYC
Also known as Penn 1, this building is located between 33rd Street and 34th Street, west of Seventh Avenue.
It is adjacent to Pennsylvania Station and Madison Square Garden.
1 Penn Plaza offers a range of amenities, including:
- Restaurant and Dining: The Landing, a full-service restaurant with private dining rooms.
- Tenant Lounges: Multiple lounges for socializing and working.
- Life Time Fitness: A 35,000 sq ft fitness center.
- Pickleball Courts: Seven indoor dedicated pickleball courts.
- Training Programs: Alpha and GTX group training programs.
- Public Plaza and Fountain: A public plaza with a unique fountain system.
- Underground Parking: 695 parking spaces accessible from 33rd and 34th Streets.
- Direct Access to Penn Station: Convenient underground connections.
One Penn Plaza, located in Midtown Manhattan, is home to a diverse range of tenants. Notable occupants include:
- Cisco Systems
- North Highland
- Cookie Jar Entertainment
- Dun & Bradstreet
- Expeditors
- Gibbons P.C.
- Insight Enterprises
- Lumen Technologies
- MarkLogic
- Milliman
- Mitel Networks
- Polycom
- Riverbed Technology
- Samsung Electronics America
- URS Corporation
- WSP USA
- The Independent
Internet Providers at 1 Penn Plaza, Manhattan, NYC:
- Verizon Fios: Known for high speeds up to 2 Gbps and reliable service.
- Spectrum: Offers cable internet with speeds up to 1 Gbps.
- Astound Broadband Powered by RCN: Provides both cable and fiber services with speeds up to 1.5 Gbps.
1 Penn Plaza is located in Manhattan, NYC, and offers convenient transportation options.
Nearest Subway Station: 34 St-Penn Station, a 2-minute walk away. Subway lines include 1, 2, 3, A, M, C, E, B, D, F, and FX.
Nearest Train Station: 33rd Street, a 3-minute walk away. Train lines include Empire Service, Harlem, PATH, and Port Washington Branch.
Bus Stops: Nearby bus stops are at 7 Av/W 34 St and W 34 St/7 Av, both a 2-minute walk away. Bus lines include BXM4, M20, M7, QM10, and QM24.
Cross Streets: Located at the intersection of 33rd Street and 7th Avenue.
Office Tenants Rented / Leased 1 Penn Plaza
- JMSearch leased 7,000 SF
- Logicalis Group leased 6,993 SF
- Magnacare leased 6,636 SF
- National Cyber Forensics… leased 4,863 SF
- Siegel & Siegel, P.C. leased 4,101 SF
- Silver Star Properties Corp leased 3,390 SF
- Golkow Technologies leased 6,542 SF
- IT Involve leased 4,686 SF
- HTS Engineering, Inc. leased 4,064 SF
- Reid & Wise leased 3,526 SF
- Starbucks leased 2,936 SF
- Wasabi Sushi & Bento leased 2,705 SF
- Pret A Manger leased 1,939 SF
Nearby Office Tenants Leased
- Oce Business Services leased 41,000 SF at 460 West 34th St
- Mason Tender's District Council Welfare Fund leased 40,000 SF at 520 Eighth Avenue
- Mueser Rutledge Consulting leased 37,000 SF at 14 Penn Plaza
- Gina Group leased 36,102 SF at 10 West 33rd Street
- The Oved Group leased 35,800 SF at 31 West 34th St
- Knotel leased 35,286 SF at 22 West 38th Street
- Cicatelli Associates leased 33,446 SF at 505 Eighth Ave
- Primary leased 31,083 SF at 251 West 30th Street
- Retail Wholesale and Department Store Union leased 30,500 SF at 7 Penn Plaza
- Kelly Grace Corp leased 28,000 SF at 49 West 37th St
- Designer Concepts Distribution leased 4,000 SF at 141 West 36th St
- GameStop leased 4,000 SF at 50 West 34th St
- Amici 36 leased 4,000 SF at 519 Eighth Ave
- Apparel Trading International leased 4,000 SF at 149 West 36th St
- J.C. Nova leased 3,600 SF at 42 West 38th St
- Consulate General of Honduras leased 3,500 SF at 255 West 36th St
- Wasabi leased 3,400 SF at 561 Seventh Ave
- PYA Importer leased 3,195 SF at 35 West 36th Street
- Scott Galin and Darell Handler, Handler Real Estate leased 3,100 SF at 8 West 38th Street
- Neutral Ground leased 3,000 SF at 15 West 37th St
Recent News About 1 Penn Plaza
Nuverse Advisor LLC Testimonial
Dear Stephen,
We would like to thank you for your assistance in helping us to arrange a sublet in Olympic Tower. My partners and I were determined to sublet a space that was fully furnished and equipped to our specifications at a fair market value. We utilized several different brokers, but we found that only you consistently found new sublet opportunities for us during the entire year of our search. When we began our search, prices for Class A office space in the Plaza District ranged from $80-150/RSF, by the end of our search the prices had fallen to $50-$85/RSF. Your hard work and tenacity at finding new listings allowed us to find the ideal space at the right price in Class A. Thanks for sticking with us.
Sincerely,
Elias Saal
Commercial space for lease
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
Find My Space!