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Rent/Lease Office 254 W 31st St

$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Broadway & West 36th Street $ 48
11,700
$ 47,287
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
$ 14,266
Broadway & West 41st Street $ 57
4,700
$ 22,325
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 37th St & 6th Avenue $ 34
11,400
$ 32,300
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
$ 8,558
Address $ / SF SF Monthly Rent
Tenth Ave & West 37th Street $ 47
2,200
$ 8,616
Seventh Ave & West 38th Street $ 45
2,400
$ 9,000
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
1,600
$ 5,133
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 $ 46
2,500
$ 9,583
W 38th St & Eighth Avenue $ 35
4,400
$ 12,833
W 35th St & Between West 35th Street $ 34
5,300
$ 14,795
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 $ 31
5,000
$ 12,916
Broadway & West 32nd Street $ 46
3,500
$ 13,498
Address $ / SF SF Monthly Rent
Penn Plaza & West 30th Street $ 48
2,000
$ 7,916
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1409 $ 775
Interior office/person $ 1350 $ 909 $ 525
Team Rooms $ 10100 $ 8159 $ 5025
Suites $ 20100 $ 12159 $ 7025

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 $ 75
8,500
$ 53,125
Address $ / SF SF Monthly Rent
Broadway & West 37th Street $ 66
5,500
$ 30,020
W 38th St & Avenue of the Americas $ 56
3,500
$ 16,479
Broadway & West 41st Street $ 66
6,800
$ 37,400
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
1 Plz & West 33rd Street $ 105
3,200
$ 28,000
Address $ / SF SF Monthly Rent
Broadway & West 37th Street $ 66
2,300
$ 12,554
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 $ 48
8,600
$ 34,400
Tenth Ave & West 37th Street $ 49
7,900
$ 32,258
W 36th St & 6th Avenue $ 47
9,600
$ 37,600
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 $ 36
4,700
$ 14,295
Address $ / SF SF Monthly Rent
Eighth Ave & West 36th Street $ 40
2,200
$ 7,333
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 $ 46
1,900
$ 7,204
Broadway & West 38th Street $ 50
1,900
$ 7,916
7th Ave & Between 7th Avenue $ 55
1,600
$ 7,333
Avenue of the Americas & West 39th Street $ 61
2,300
$ 11,691
Avenue of the Americas & West 31st Street $ 77
2,400
$ 15,400
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
$ 38,000
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 40
3,900
$ 13,000
W 35th St & Eighth Avenue $ 34
3,300
$ 9,350
Seventh Ave & West 30th Street $ 35
3,800
$ 11,083
W 38th St & Between West 37th Street $ 40
2,700
$ 8,887
Eighth Ave & West 36th Street $ 41
5,800
$ 19,816
W 32nd St & Ninth Avenue $ 50
2,800
$ 11,550
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 34
2,300
$ 6,420
W 38th St & Eight Avenue $ 36
2,100
$ 6,380
W 39th St & Eighth Avenue $ 38
1,600
$ 5,000
Eighth Ave & West 36th Street $ 38
1,600
$ 5,066
W 32nd St & Ninth Avenue $ 48
1,800
$ 7,200
W 35th St & Between West 35th Street $ 34
2,100
$ 6,037
W 37th St & Ninth Avenue $ 37
1,900
$ 5,920
Tenant Broker’s Perspective: office buildings being demolished or converted to residential are driving up rental prices at 254 West 31st Street. This trend is projected to continue. Opportunities for subleases remain available at 254 West 31st Street and in the nearby Penn Plaza/Garment neighborhood.
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254 West 31st Street Property Overview

Building Address: 254 W 31st St, New York NY 10001
Building Alternate Address: 254 W 31st St
Zip Code:10001
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:0
Year Built:1926
Building Class:B
Block & lot:00780-0071

History of 254 West 31st Street, Manhattan, NYC

254 West 31st Street in Manhattan, New York City, is a commercial office building originally constructed in 1926. Located in the Chelsea neighborhood, it stands 15 stories tall and encompasses approximately 65,977 to 68,432 square feet of office space. The building is classified as a Class B office property, with typical floor sizes around 4,110 square feet and an unfinished ceiling height of about 10 feet.

Directly across the street from Penn Station and close to major transportation hubs including Amtrak and multiple subway lines, the building benefits from its strategic location. It neighbors notable landmarks and establishments such as Madison Square Garden, Moynihan Food Hall, and several retail and dining venues, making it a desirable office location in Manhattan’s dynamic Penn Plaza and Garment District areas.

254 West 31st Street maintains features typical of early 20th-century commercial architecture, including two passenger elevators and tenant-controlled air conditioning. Over the years, it has consistently served as an office hub within the borough, accommodating multiple commercial tenants within its 15 available spaces.

The property’s assessed market value was estimated at approximately $12.8 million in 2024, reflecting its established presence and importance within Manhattan’s commercial real estate landscape.

254 West 31st Street, Manhattan, New York, NY 10001

Located in the Chelsea neighborhood of Manhattan, this office building was originally built in 1926.

The building has 15 stories with a total size of approximately 68,000 square feet and a typical floor size of around 4,100 square feet.

It is classified as a Class B office building with tenant-controlled air conditioning and 2 passenger elevators.

The ceiling height is approximately 10 feet, with surface parking available.

The property sits directly across from Penn Station and Madison Square Garden, with convenient access to multiple transportation options including bus lines and metro/subway.

Nearby notable neighbors and amenities include Facebook, Moynihan Food Hall, Peloton, Whole Foods, Starbucks, FIT, American Whiskey, Taboo Lounge, Holiday Inn Express, and Magnolia Bakery.

The building occupies a lot size of about 4,792 square feet and is situated on block & lot 00780-0071 in community district 5, school district 2.

Current tax assessor’s market value is approximately $12,806,000 with estimated annual property taxes around $563,326.

Alternate addresses include 254-256 W 31st St, New York, NY 10001.


254 W 31st St, Manhattan, NYC, is a 15-story office building built in 1926, located in the Penn Plaza/Garment neighborhood. The building offers several amenities:

  • Location: Directly across from Penn Station and near notable landmarks like Madison Square Garden.
  • Transportation Access: Easy access to metro/subway and bus lines.
  • Building Features:
    • 2 passenger elevators
    • Tenant-controlled AC
    • Typical floor size of 4,110 SF
    • Unfinished ceiling height of 10 feet
  • Neighborhood Amenities: Close to various restaurants, cafes, and shops.

254 W 31st St is a 15-story office building located in the Penn Plaza/Garment neighborhood of Manhattan, NYC. Originally built in 1926, it features a B class office space with tenant-controlled AC and hardwood floors. Some of the notable tenants include:

  • Concepts in Staffing: An IT consulting and executive search firm.
  • Universum: An employer branding services firm.
  • Choice New York Management: Listed as a current tenant.

The building's strategic location across from Penn Station and nearby attractions like Madison Square Garden and the Moynihan Food Hall make it a prime spot for office rentals.


Internet Providers at 254 W 31st St, Manhattan, NYC

The following internet providers serve the building at 254 W 31st St, Manhattan, New York City:

  • Verizon Fios – Fiber internet with speeds starting at 300 Mbps up to 2 Gbps. Known for high-speed and reliable service with bundle options including phone and TV.
  • Astound Broadband Powered by RCN – Cable and fiber internet with speeds up to 1.5 Gbps. Offers unlimited data with competitively low prices.
  • Spectrum – Widely available cable and fiber internet with speeds up to 1 Gbps. Popular for no data caps and bundles including TV and phone.
  • Xfinity – Cable internet service with speeds up to 2 Gbps and extensive Wi-Fi hotspot access nationwide.
  • AT&T U-verse – DSL and fiber options with download speeds up to 1 Gbps, offering internet, TV, and phone bundles.
  • Windstream – Fiber internet with plans up to 1 Gbps and no-contract options.
  • HughesNet – Satellite internet with no data limits, suitable where fiber and cable are unavailable.
  • Wanderport Networks, Inc. – Provides internet and VoIP services with offices located in the same building.
  • EOT – Telecommunication and internet provider located at 254 West 31st St, 3rd Floor, offering internet services.
  • GiGstreem – Internet services provider with offices nearby and rated by BBB.

254 W 31st St, Manhattan, NYC

Located in the heart of Manhattan, this address offers easy access to various transportation options.

Public Transportation Near 254 W 31st St:

  • Subway: Closest stations include 34 St-Penn Station (A, C, E) and 28 Street (1, 2, 3), as well as the nearby stops at 8 Av/W 31 St (A, C, E).
  • Bus: Nearby bus stops serve routes M7, M20, and several others.
  • Train: Directly across from Penn Station, with access to Amtrak and other rail services.

Cross Streets: 254 W 31st St is situated near the intersection of 8th Avenue and 31st Street.

Neighbors include major attractions like Penn Station and Madison Square Garden.


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About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.

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