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Rent/Lease Office 12 Penn Plaza

Lease Office 12 Penn Plaza

$ / SF SF Monthly Rent
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$ / SF SF Monthly Rent
$ 70
5,600
$ 32,666
$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Broadway & West 36th Street $ 49
11,700
$ 47,775
Penn Plaza & West 33rd Street $ 43
29,000
$ 103,916
Bryant Park & 6th Avenue $ 62
14,000
$ 72,333
Address $ / SF SF Monthly Rent
Broadway & West 36th Street $ 54
3,200
$ 14,533
Broadway & West 41st Street $ 56
4,700
$ 22,129
Fifth Ave & West 33rd Street $ 70
4,300
$ 25,083
Address $ / SF SF Monthly Rent
Broadway & West 41st Street $ 55
2,200
$ 10,083
Address $ / SF SF Monthly Rent
W 37th St & 6th Avenue $ 32
11,400
$ 30,875
W 37th St & Avenue of America $ 36
10,200
$ 31,025
Broadway & West 37th Street $ 42
11,100
$ 38,850
Seventh Ave & West 38th Street $ 38
7,700
$ 24,383
W 40th St & Between West 39th Street $ 38
15,100
$ 47,816
Address $ / SF SF Monthly Rent
Seventh Ave & West 38th Street $ 48
4,200
$ 16,975
W 37th St & 6th Avenue $ 35
3,500
$ 10,208
W 40th St & Eighth Avenue $ 40
2,600
$ 8,775
Broadway & West 37th Street $ 40
6,100
$ 20,079
Address $ / SF SF Monthly Rent
Seventh Ave & West 38th Street $ 47
2,100
$ 8,225
Tenth Ave & West 37th Street $ 46
2,200
$ 8,525
Penn Plaza & Eighth Avenue $ 40
1,800
$ 6,000
Fifth Ave & East 35th Street $ 40
2,100
$ 7,000
W 36th St & Between 8th Avenue $ 38
2,400
$ 7,600
Address $ / SF SF Monthly Rent
W 35th St & Between West 35th Street $ 33
7,500
$ 20,625
W 37th St & Seventh Avenue $ 30
7,300
$ 18,250
W 30th St & Between West 30th Street $ 30
7,100
$ 17,750
W 36th St & Eight Avenue $ 33
7,800
$ 21,450
Address $ / SF SF Monthly Rent
Penn Plaza & West 30th Street $ 47
2,500
$ 9,791
W 38th St & Eighth Avenue $ 35
4,400
$ 12,833
W 35th St & Between West 35th Street $ 34
5,300
$ 15,237
W 37th St & Seventh Avenue $ 30
6,800
$ 17,000
W 36th St & Eighth Avenue $ 50
3,700
$ 15,570
W 37th St & Ninth Avenue $ 40
4,500
$ 15,000
W 37th St & Eight Avenue $ 40
3,400
$ 11,333
W 36th St & Avenue of the Americas $ 45
3,400
$ 12,750
W 30th St & Between West 30th Street $ 32
5,000
$ 13,333
Broadway & West 32nd Street $ 46
3,500
$ 13,498
Address $ / SF SF Monthly Rent
Penn Plaza & West 30th Street $ 47
2,000
$ 7,833
W 36th St & Eighth Avenue $ 49
2,400
$ 9,800
W 37th St & Eight Avenue $ 45
1,800
$ 6,750
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 SF Monthly Rent
Broadway & West 41st Street $ 70
13,200
$ 77,000
Fifth Ave & West 38th Street $ 56
17,600
$ 82,133
Broadway & West 39th Street $ 59
10,900
$ 53,591
1 Plz & West 33rd Street $ 105
19,100
$ 167,125
W 40th St & Avenue of Americas $ 74
8,500
$ 52,062
Address $ / SF SF Monthly Rent
Broadway & West 37th Street $ 68
5,500
$ 30,937
W 38th St & Avenue of the Americas $ 58
3,500
$ 16,770
Broadway & West 41st Street $ 67
6,800
$ 37,966
Broadway & West 36th Street $ 67
4,600
$ 25,683
2 & West 31st Street $ 142
5,300
$ 62,716
Fifth Ave & West 38th Street $ 62
3,800
$ 19,791
1 Plz & West 33rd Street $ 105
3,200
$ 28,000
Address $ / SF SF Monthly Rent
Broadway & West 37th Street $ 68
2,300
$ 12,937
1 Plz & West 33rd Street $ 98
2,400
$ 19,600
Address $ / SF SF Monthly Rent
Eighth Ave & West 36th Street $ 40
7,500
$ 25,000
W 39th St & Eighth Avenue $ 40
7,700
$ 25,345
W 33rd St & Fifth Avenue $ 40
7,100
$ 23,666
Eighth Ave & West 35th Street $ 39
7,100
$ 23,075
Eighth Ave & W 35th Street $ 40
8,000
$ 26,333
W 37th St & Avenue of America $ 46
8,600
$ 32,966
Tenth Ave & West 37th Street $ 49
7,900
$ 32,258
W 36th St & 6th Avenue $ 46
9,600
$ 36,400
Broadway & West 38th Street $ 54
9,500
$ 42,750
Seventh Ave & West 37th Street $ 56
10,300
$ 47,637
Address $ / SF SF Monthly Rent
Seventh Ave & West 38th Street $ 52
3,100
$ 13,433
W 35th St & Avenue of America $ 29
4,400
$ 10,633
Eighth Ave & West 36th Street $ 38
4,700
$ 14,687
Address $ / SF SF Monthly Rent
Eighth Ave & West 36th Street $ 42
2,200
$ 7,700
W 39th St & Ninth Avenue $ 39
1,800
$ 5,850
W 38th St & Between West 37th Street $ 35
2,200
$ 6,416
Eighth Ave & West 35th Street $ 35
1,700
$ 4,958
Tenth Ave & West 37th Street $ 44
2,200
$ 8,066
W 40th St & Eighth Avenue $ 48
1,900
$ 7,520
Broadway & West 38th Street $ 52
1,900
$ 8,233
7th Ave & Between 7th Avenue $ 57
1,600
$ 7,600
Avenue of the Americas & West 39th Street $ 61
2,300
$ 11,691
Avenue of the Americas & West 31st Street $ 79
2,400
$ 15,800
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 40
8,800
$ 28,966
W 39th St & Eighth Avenue $ 36
9,200
$ 27,216
Eighth Ave & West 36th Street $ 41
16,000
$ 54,666
W 35th St & Seventh Avenue $ 35
7,600
$ 22,166
W 35th St & Between West 35th Street $ 34
7,300
$ 20,683
Eighth Ave & West 39th Street $ 40
11,400
$ 38,475
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 40
3,900
$ 13,000
W 35th St & Eighth Avenue $ 35
3,300
$ 9,625
Seventh Ave & West 30th Street $ 35
3,800
$ 11,083
W 38th St & Between West 37th Street $ 40
2,700
$ 9,112
Eighth Ave & West 36th Street $ 42
5,800
$ 20,300
W 32nd St & Ninth Avenue $ 50
2,800
$ 11,783
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 36
2,300
$ 6,804
W 38th St & Eight Avenue $ 36
2,100
$ 6,380
W 39th St & Eighth Avenue $ 40
1,600
$ 5,266
Eighth Ave & West 36th Street $ 38
1,600
$ 5,066
W 32nd St & Ninth Avenue $ 50
1,800
$ 7,500
W 35th St & Between West 35th Street $ 36
2,100
$ 6,387
W 37th St & Ninth Avenue $ 37
1,900
$ 5,920

Retail Spaces for Rent at 12 Penn Plaza

Rent Medical Space at 12 Penn Plaza

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 12 Penn Plaza. This trend is projected to continue. Opportunities for subleases remain available at 12 Penn Plaza and in the nearby Penn Plaza/Garment neighborhood.
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12 Penn Plaza Property Overview

Building Address: 12 Penn Plaza, New York NY 10001
Building Name: Formerly 261-263 West 34th Street
Zip Code:10001
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:7
Year Built:2019
Building Class:A

12 Penn Plaza is part of the Pennsylvania Plaza complex in Midtown Manhattan, New York City. However, specific details about the building's history are not readily available. The Pennsylvania Plaza area has undergone significant development over the years, including the construction of notable buildings like One Penn Plaza and Two Penn Plaza.

The area's transformation began with the demolition of the original Penn Station in the 1960s, leading to the construction of various office buildings and entertainment facilities. Today, the Penn Plaza complex is a bustling hub of business and transportation, adjacent to New York Penn Station and Madison Square Garden.

12 Penn Plaza is a boutique office building located in Manhattan, New York City. It is situated on 34th Street between Seventh and Eighth Avenues, offering ultra-accessible proximity to Penn Station. The building was completed in 2019 and features state-of-the-art systems, private single-tenant floors, and a rooftop deck.

Key features include:

  • Class A office space with efficient floor layouts
  • 24-hour access with key card security
  • Full sprinkler system and emergency lighting
  • Telecom services from major providers

The building's location benefits from the revitalization of the surrounding area, including nearby developments like Hudson Yards.


12 Penn Plaza Building Amenities

  • Ultra-accessible location across from Penn Station
  • State-of-the-art building and mechanical systems
  • Private single Tenant floors measuring 4,653 rentable square feet
  • Professional ownership and management
  • Many nearby restaurants, hotels, and services
  • Efficient rectangular shape with only two columns in the center of each floor
  • Full wall of windows facing south for good light and views
  • 24-hour, 7-day access with uniformed lobby concierge and key card access
  • Tenant-controlled air conditioning unit on every floor
  • Fully sprinklered building with emergency lighting and power
  • Telecom providers include Verizon FIOS and Spectrum
  • Rooftop deck

12 Penn Plaza, located in Manhattan, NYC, is a boutique office building that has attracted significant interest from tenants. One notable tenant is Poly, a telecommunications company based in Santa Cruz, which leased the entire fifth and sixth floors in a 10-year deal.

This building offers a prime location across from Penn Station, providing easy access to major transportation hubs. It features state-of-the-art systems and private floors, making it an attractive option for businesses seeking a central Manhattan location.


Internet Providers at 12 Penn Plaza, Manhattan, NYC

Several internet providers serve the area around 12 Penn Plaza in Manhattan, NYC. The most prominent ones include:

  • Verizon Fios: Known for its high-speed fiber internet, offering speeds up to 2 Gbps.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with speeds up to 1.5 Gbps.

12 Penn Plaza, Manhattan, NYC

Location: 12 Penn Plaza is situated in Midtown Manhattan, New York City.

Transportation Options

  • Subway: Closest stations include 34 St-Penn Station and 34 St-Herald Sq.
  • Bus: Routes such as M34-SBS, M34A-SBS, and M7 are nearby.
  • Train: Accessible via PATH trains at 33rd Street or major lines at Penn Station.

Cross Streets

Located near the intersection of 8th Avenue and 33rd Street.


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Why Optimal Spaces –
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  • No fee for clients renting space.
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Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.

Office Buildings by Class in Penn Plaza/Garment

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