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Rent Office 132 West 31st Street
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 6,700 |
Negotiable |
| Negotiable | 24,200 |
Negotiable |
Nearby Sublease office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Bryant Park & 6th Avenue | $ 60 | 14,000 |
$ 70,000 |
| Penn Plaza & West 33rd Street | $ 41 | 29,000 |
$ 99,083 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 36th Street | $ 54 | 3,200 |
$ 14,266 |
| Broadway & West 41st Street | $ 55 | 4,700 |
$ 21,541 |
| Fifth Ave & West 33rd Street | $ 69 | 4,300 |
$ 24,725 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 41st Street | $ 55 | 2,200 |
$ 10,083 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 40th St & Between West 39th Street | $ 38 | 15,100 |
$ 47,816 |
| W 37th St & Avenue of America | $ 34 | 10,200 |
$ 29,325 |
| Address | $ / SF | 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 5th Avenue | $ 50 | 3,200 |
$ 13,333 |
| W 37th St & 6th Avenue | $ 35 | 3,500 |
$ 10,208 |
| Address | $ / SF | 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 | $ 45 | 2,200 |
$ 8,250 |
| W 36th St & Between 8th Avenue | $ 36 | 1,600 |
$ 4,866 |
| Address | $ / SF | SF | Monthly Rent |
|---|
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 32nd Street | $ 46 | 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 & Between West 30th Street | $ 31 | 5,000 |
$ 12,916 |
| Penn Plaza & West 30th Street | $ 46 | 2,500 |
$ 9,583 |
| W 36th St & Eight Avenue | $ 34 | 6,000 |
$ 16,750 |
| W 35th St & Between West 35th Street | $ 34 | 5,300 |
$ 14,795 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Penn Plaza & West 30th Street | $ 46 | 2,000 |
$ 7,583 |
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | $ 2100 | $ 1751 | $ 775 |
| Interior office/person | $ 1350 | $ 1251 | $ 525 |
| Team Rooms | $ 10100 | $ 8501 | $ 5025 |
| Suites | $ 20100 | $ 12501 | $ 7025 |
Nearby office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 39th Street | $ 59 | 10,900 |
$ 53,591 |
| Bryant Park & Avenue of America | $ 99 | 7,400 |
$ 61,050 |
| 1 Plz & West 33rd Street | $ 105 | 19,100 |
$ 167,125 |
| Broadway & West 41st Street | $ 70 | 13,200 |
$ 77,550 |
| Fifth Ave & West 38th Street | $ 56 | 17,600 |
$ 82,866 |
| Ninth Ave & Between Dyer Avenue | $ 128 | 9,400 |
$ 100,658 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 41st Street | $ 55 | 2,800 |
$ 12,833 |
| 1 Plz & West 33rd Street | $ 105 | 3,200 |
$ 28,000 |
| W 34th St & Between 7th Avenue | $ 70 | 4,700 |
$ 27,416 |
| Broadway & West 36th Street | $ 66 | 4,600 |
$ 25,300 |
| 2 & West 31st Street | $ 141 | 5,300 |
$ 62,275 |
| Fifth Ave & West 38th Street | $ 62 | 3,800 |
$ 19,475 |
| W 38th St & Avenue of the Americas | $ 56 | 3,500 |
$ 16,479 |
| W 37th St & Between 5th Avenue | $ 63 | 3,200 |
$ 16,800 |
| Broadway & West 37th Street | $ 66 | 5,500 |
$ 30,250 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| 1 Plz & West 33rd Street | $ 98 | 2,400 |
$ 19,600 |
| Broadway & West 37th Street | $ 66 | 2,300 |
$ 12,650 |
| Address | $ / SF | 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 America | $ 49 | 7,800 |
$ 31,850 |
| Broadway & West 38th Street | $ 54 | 9,500 |
$ 42,750 |
| W 39th St & Eighth Avenue | $ 40 | 9,300 |
$ 31,387 |
| W 39th St & Eight Avenue | $ 40 | 11,400 |
$ 38,475 |
| 7th Ave & Between 7th Avenue | $ 56 | 7,800 |
$ 36,075 |
| Seventh Ave & Sixtenth Street | $ 46 | 10,000 |
$ 38,750 |
| Eighth Ave & West 36th Street | $ 40 | 7,500 |
$ 25,312 |
| Eighth Ave & Between 8th Avenue | $ 40 | 7,900 |
$ 26,004 |
| W 36th St & Avenue of the Americas | $ 44 | 10,000 |
$ 36,666 |
| Broadway & West 32nd Street | $ 44 | 9,800 |
$ 35,525 |
| W 38th St & 5th Avenue | $ 62 | 7,500 |
$ 38,437 |
| Fifth Ave & West 34th Street | $ 48 | 7,400 |
$ 29,908 |
| Seventh Ave & West 35th Street | $ 60 | 9,300 |
$ 46,887 |
| Tenth Ave & West 37th Street | $ 50 | 7,900 |
$ 32,587 |
| W 33rd St & Fifth Avenue | $ 40 | 7,100 |
$ 23,962 |
| W 34th St & Fifth Avenue | $ 31 | 7,300 |
$ 18,858 |
| Address | $ / SF | 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 & Eight 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 8th 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 | SF | Monthly Rent |
|---|---|---|---|
| 6th Ave & Between Broadway | $ 58 | 1,900 |
$ 9,183 |
| Broadway & West 39th Street | $ 52 | 1,700 |
$ 7,366 |
| W 36th St & Between West 36th Street | $ 35 | 1,600 |
$ 4,666 |
| W 38th St & Between West 37th Street | $ 35 | 2,200 |
$ 6,416 |
| Seventh Ave & West 40 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 America | $ 72 | 1,600 |
$ 9,666 |
| Broadway & West 38th Street | $ 50 | 1,900 |
$ 7,995 |
| W 34th St & Avenue of America | $ 46 | 2,000 |
$ 7,666 |
| 7th Ave & Between 7th Avenue | $ 56 | 1,600 |
$ 7,400 |
| Eighth Ave & West 36th Street | $ 40 | 2,200 |
$ 7,425 |
| Avenue of the Americas & West 31st Street | $ 78 | 2,400 |
$ 15,500 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 35th St & Seventh Avenue | $ 32 | 8,500 |
$ 22,666 |
| W 33rd St & twentieth Road | $ 39 | 8,100 |
$ 26,325 |
| W 35th St & Seventh Avenue | $ 40 | 8,800 |
$ 29,333 |
| W 35th St & Fifth Avenue | $ 41 | 8,200 |
$ 28,016 |
| Eighth Ave & West 36th Street | $ 42 | 16,000 |
$ 55,333 |
| Eighth Ave & West 39th Street | $ 40 | 11,400 |
$ 38,475 |
| Broadway & West 31st Street | $ 50 | 7,700 |
$ 31,762 |
| W 37th St & Eight Avenue | $ 46 | 10,000 |
$ 38,750 |
| W 35th St & Broadway | $ 36 | 7,700 |
$ 23,100 |
| W 37th St & Between West 36th Street | $ 38 | 7,200 |
$ 22,800 |
| W 39th St & Eighth Avenue | $ 36 | 9,200 |
$ 27,600 |
| W 36th St & Eighth Avenue | $ 29 | 9,500 |
$ 22,958 |
| W 36th St & Ninth Avenue | $ 36 | 8,500 |
$ 25,500 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 40th St & Eight 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 35th St & Eighth Avenue | $ 32 | 3,400 |
$ 9,066 |
| 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 | $ 45 | 2,600 |
$ 9,750 |
| W 36th St & Between Broadway | $ 34 | 6,000 |
$ 16,750 |
| W 35th St & Seventh Avenue | $ 37 | 4,400 |
$ 13,566 |
| W 35th St & Between West 35th Street | $ 35 | 5,600 |
$ 16,333 |
| W 37th St & Ninth Avenue | $ 41 | 4,600 |
$ 15,674 |
| W 38th St & Between West 37th Street | $ 40 | 2,700 |
$ 8,887 |
| W 39th St & Fifth Avenue | $ 44 | 6,500 |
$ 23,562 |
| Address | $ / SF | 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 37th St & Eight Avenue | $ 35 | 2,400 |
$ 7,000 |
| W 39th St & Between West 39th Street | $ 37 | 1,700 |
$ 5,241 |
| W 35th St & Seventh Avenue | $ 34 | 2,300 |
$ 6,516 |
| W 32nd St & Ninth Avenue | $ 48 | 1,800 |
$ 7,275 |
| W 35th St & Between West 35th Street | $ 35 | 2,100 |
$ 6,125 |
Lease 132 West 31st Street
Rent 132 West 31st Street Property Overview
| Building Address: | 132 W 31st St, New York NY 10001 |
| Building Name: | 31 Penn Plaza |
| Building Alternate Address: | 132 W 31st St |
| Zip Code: | 10001 |
| Neighborhood: | Penn Plaza/Garment |
| Borough: | Manhattan |
| Stories: | 18 |
| Year Built: | 1925 |
| Building Class: | B |
| Block & lot: | 00806-0058 |
132 West 31st Street, known as the Greeley Arcade, is a historic commercial office building located in the Chelsea neighborhood of Manhattan, New York City. The building was constructed in 1925 and features 17 stories.
The structure encompasses approximately 384,655 square feet of office and commercial space. Over its long history, the building has played an important role in Manhattan's commercial real estate market. Its current tax assessor’s market value is estimated at over $122 million, reflecting both its size and prime Midtown South location.
In 1989, the building underwent significant alterations, updating and modernizing its facilities. More recently, it has been known as 31 Penn Plaza, after a $40 million capital improvement program that enhanced the building's amenities and infrastructure. These renovations included a modernized lobby, a conference center, a tenant lounge with a café on the sixth floor, and a secure bike room with showers.
The building is ideally situated between Avenue of the Americas and Seventh Avenue, just steps from major transit hubs like Penn Station and notable landmarks such as Madison Square Garden. Its location and recent upgrades have attracted a diverse range of tenants including architecture firms, media agencies, technology companies, and professional services firms.
Notable tenants have included TPG Architecture, which has maintained its headquarters in the building since 2013, occupying over 40,000 square feet. The building's central location and upgraded facilities support modern office demands, contributing to its ongoing appeal in Manhattan's competitive office market.
132 W 31st St, Manhattan, NYC
Known As:
Greeley Arcade
Location:
Situated in the Chelsea neighborhood of Manhattan, New York City, the building lies between 6th Avenue (Avenue of the Americas) and 7th Avenue, near major landmarks including Madison Square Garden and Penn Station.
Building Details:
- Constructed in 1925
- 17 stories tall
- Total area: 384,655 square feet
- Building Class: Office with Commercial 7-19 Stories (O6/B class)
Accessibility:
The location offers excellent public transportation access with nearby subway stations:
- 33rd Street
- 28th Street
- 34th Street - Penn Station
Subway lines include 1, 2, F, Q, N, R, W, B, D, M trains.
Bus lines nearby include M5, M7, M55, Q32.
Neighborhood:
The area is a vibrant hub for tech, financial, and creative companies, and is close to cultural institutions like the Museum at FIT.
Property Value and Size:
- Estimated market value: $122,350,000
- Lot size: approximately 23,050 sq ft
132 West 31st Street Amenities
Amenities at 132 W 31st St, Manhattan, NYC
- 24 Hour Access
- Controlled Access
- Security System
- Air Conditioning
- Food Service
- Restaurant
- Metro/Subway Access
- Bus Line Access
- 24/7 Security
- Bike Storage
- Communal Lobby Space
- Lobby Attendant
- Accessibility Features
- Catering Services
- Coffee/Tea Facilities
- Door with Lock
- Entry System
- Filtered Water
- Furnished Spaces
- Hosted Reception
- Kitchen Facilities
- Mailbox Services
- Meeting Rooms with Audiovisual Equipment and Wi-Fi
- Window Views
Office Tenants at 132 W 31st St, Manhattan, NYC
132 W 31st St, also known as the Greeley Arcade, is a 17-story commercial building in Chelsea, Manhattan, featuring approximately 384,655 square feet of office space. The building hosts a diverse range of notable office tenants across various industries, including architecture, media, and professional services.
Selected Office Tenants
- GroupM
- Dewberry
- The NPD Group Inc.
- Embrace Home Loans
- Coloredge NYC
- Chegg, Inc. (12th Floor)
- H2M Architects & Engineers (6th Floor)
- Master & Dynamic (7th Floor)
Building Highlights
- Class B office building built in 1925, with recent renovations
- Located in the Penn Plaza/Garment district, close to Madison Square Garden and Penn Station
- Features modernized elevators with destination guidance system
- 24-hour access and controlled security systems
- Nearby amenities including restaurants, retail stores, and fitness centers
Internet at 132 West 31st Street
At 132 W 31st St, Manhattan, NYC, several internet providers are available to serve the building. The area is covered by prominent internet service providers such as:
- Verizon: Known for its high-speed fiber-optic services.
- Spectrum: Offers cable and some fiber services with speeds up to 1 Gbps.
132 West 31st Street Access
132 W 31st St in Manhattan, NYC, is strategically located with excellent transportation options.
Public Transit: This location is a Rider’s Paradise with world-class public transportation.
- Subway: Close to lines 1, 2, F, Q, N, R, W, B, D, and M.
- Bus: Served by buses M5, M7, M55, and others.
- Train: Nearby access to PATH trains and major rail lines.
Cross Streets: The address intersects with 6th Avenue and 7th Avenue.
Neighborhood: Located in the Chelsea neighborhood, offering a walker-friendly environment with a Walk Score of 100.
Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
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