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Rent/Lease Office 29 W 35th St

Class B 10001 Buildings Penn Plaza/Garment

Nearby Sublease office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
Broadway & West 36th Street	$ 48	11,700	$ 46,800
Penn Plaza & West 33rd Street	$ 42	29,000	$ 100,291
Bryant Park & 6th Avenue	$ 60	14,000	$ 70,000

Address	$ / SF	SF	Monthly Rent
Broadway & West 36th Street	$ 56	3,200	$ 14,800
Broadway & West 41st Street	$ 56	4,700	$ 22,129
Fifth Ave & West 33rd Street	$ 71	4,300	$ 25,441

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	$ 31,825
W 37th St & Avenue of America	$ 34	10,200	$ 29,325
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
Eighth Ave & West 34th Street	$ 54	8,900	$ 40,050

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	$ 42	2,600	$ 8,991
Broadway & West 37th Street	$ 41	6,100	$ 20,841

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	$ 48	2,500	$ 10,000
W 38th St & Eighth Avenue	$ 35	4,400	$ 12,833
W 35th St & Between West 35th Street	$ 36	5,300	$ 15,679
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	$ 33	5,000	$ 13,750
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

Tipo di spazio	Classe A/mese	Classe B/mese	Classe C/mese
Ufficio con finestra/persona
Ufficio interno/persona
Sale per team
Suite

Nearby office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
Broadway & West 41st Street	$ 70	13,200	$ 77,550
Fifth Ave & West 38th Street	$ 56	17,600	$ 82,866
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	$ 52,770

Address	$ / SF	SF	Monthly Rent
Broadway & West 37th Street	$ 68	5,500	$ 30,937
W 38th St & Avenue of the Americas	$ 56	3,500	$ 16,333
Broadway & West 41st Street	$ 66	6,800	$ 37,116
Broadway & West 36th Street	$ 66	4,600	$ 25,108
2 & West 31st Street	$ 140	5,300	$ 62,054
Fifth Ave & West 38th Street	$ 61	3,800	$ 19,316
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	$ 25,312
W 39th St & Eighth Avenue	$ 40	7,700	$ 25,666
W 33rd St & Fifth Avenue	$ 40	7,100	$ 23,962
Eighth Ave & West 35th Street	$ 39	7,100	$ 23,075
Eighth Ave & W 35th Street	$ 40	8,000	$ 26,666
W 37th St & Avenue of America	$ 46	8,600	$ 33,325
Tenth Ave & West 37th Street	$ 50	7,900	$ 32,587
W 36th St & 6th Avenue	$ 46	9,600	$ 37,200
Broadway & West 38th Street	$ 54	9,500	$ 42,750
Seventh Ave & West 37th Street	$ 56	10,300	$ 48,066

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	$ 14,100

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	$ 29,700
W 39th St & Eighth Avenue	$ 36	9,200	$ 27,600
Eighth Ave & West 36th Street	$ 42	16,000	$ 56,000
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	$ 41	11,400	$ 38,950

Address	$ / SF	SF	Monthly Rent
W 35th St & Seventh Avenue	$ 40	3,900	$ 13,000
W 35th St & Eighth Avenue	$ 34	3,300	$ 9,212
Seventh Ave & West 30th Street	$ 35	3,800	$ 11,083
W 38th St & Between West 37th Street	$ 39	2,700	$ 8,775
Eighth Ave & West 36th Street	$ 40	5,800	$ 19,575

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 32nd St & Broadway	$ 43	2,100	$ 7,525
W 37th St & Ninth Avenue	$ 37	1,900	$ 5,920

Rent Retail 29 W 35th St

Rent Medical Space at 29 W 35th St

Medical Direct Offices
Medical Subleases Offices

Tenants
Nearby Tenants

Office Tenants Rented / Leased 29 West 35th Street

Knotel leased 39,000 SF
Law Firm of Stuart Weiss P.C. leased 4,100 SF
MED|ED|NOW leased 7,800 SF
Sprinklr leased 32,800 SF
Tourneau leased 2,500 SF

Nearby Office Tenants Leased

MMS USA Holdings leased 350,000 SF at 1675 Broadway
Evercore leased 350,000 SF at 55 East 52nd Street
Pfizer leased 350,000 SF at 219 East 42nd Street
Ralph Lauren leased 350,000 SF at 601 West 26th Street
VMLY&R; Commerce leased 341,102 SF at 1775 Broadway
Shearman & Sterling leased 338,000 SF at 599 Lexington Avenue
Limited Brands leased 320,000 SF at 1740 Broadway
Google leased 311,000 SF at 111 Eighth Ave
MTA- Metro North Railroad leased 310,305 SF at 420 Lexington Ave
VNS Health leased 308,115 SF at 220 East 42nd St

Nearby Retail Tenants Leased

Domus Design Collection leased 27,950 SF at 136 Madison Ave
T.J. Maxx leased 27,639 SF at 250 West 57th St
Bandier leased 27,500 SF at 670-674 Broadway
Crunch leased 27,450 SF at 1385 Broadway
Borders leased 27,416 SF at 795 Columbus Ave
Olive Gourmet leased 26,000 SF at 1630 East 15th St
Phillips de Pury & Co. leased 25,559 SF at 450 Park Ave
In Mocean leased 25,551 SF at 463 Seventh Avenue
Bloomingdale leased 25,085 SF at 2085 Broadway
NYC Elite leased 25,014 SF at 40 Worth 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 29 West 35th Street. This trend is projected to continue. Opportunities for subleases remain available at 29 West 35th Street and in the nearby Penn Plaza/Garment neighborhood.

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Property Summary

29 West 35th Street Property Overview

Building Address:	29 W 35th St, New York NY 10001
Building Alternate Address:	29 W 35th St
Zip Code:	10001
Neighborhood:	Penn Plaza/Garment
Borough:	Manhattan
Stories:	12
Year Built:	1911
Building Class:	B
Block & lot:	00837-0023

29 West 35th Street, located in Manhattan’s Koreatown neighborhood, is a 12-story office building completed in 1911. The building encompasses approximately 71,180 square feet and sits on a 6,419 square foot lot. Initially serving the garment district and Midtown office market, it has seen various ownership and financial changes over its more than a century-long history.

In 2007, the property was acquired for $30 million by Shapour Sohayegh, who later took a $41 million loan from Wells Fargo in 2019. Following difficulties in meeting loan obligations, including those exacerbated by the post-pandemic decline in New York City’s office market, the owners faced foreclosure. Despite attempts to stave off financial distress—such as securing significant ground-floor leases—the building eventually went into a judicial foreclosure auction in August 2024.

During the auction, no third-party bidders emerged, resulting in the lender’s special servicer, LNR Partners (a subsidiary of Starwood Property Trust), taking possession of the building for $22 million. This transition marked the latest chapter in the building’s history amid challenging economic and market conditions affecting older Midtown office properties.

Throughout its lifetime, 29 West 35th Street has undergone multiple alterations and renovations, reflecting changes in use and tenant needs. While it historically attracted garment and office tenants, recent years have seen a mix of commercial occupants, including hospitality venues on the ground floor, such as The Liberty NYC brewpub, which has maintained its presence throughout these upheavals.

29 West 35th Street, Manhattan, NYC

Address: 29 West 35th Street, New York, NY 10001

Also known as: The Penn Building

Neighborhood: Koreatown

Borough: Manhattan

Year Built: 1911

Building Height: 12 Stories

Building Size: Approximately 98,400 SF total, with typical floor size around 6,534 SF

Building Class: B

Building Type: Office with Commercial spaces

Lot Size: 6,419 SF

Block & Lot: 00837-0023

Features and Amenities

24 Hour Access
Bus Line & Metro/Subway Access
Security System
Central Heating and Air Conditioning
High Ceilings (approx. 12’ unfinished ceiling height)
Direct Elevator Exposure
Natural Light
Partitioned Offices available
Wi-Fi and Plug & Play capabilities
Hardwood Floors
Kitchen facilities

Retail and Commercial Space

The property includes retail space, with approximately 1,568 SF available for lease. The neighborhood is vibrant, situated within Koreatown, a bustling area with high pedestrian traffic and proximity to major transit hubs.

Location Highlights

Near 34th Street & Broadway, 0.14 miles
Close to 33rd Street and 7th Avenue subway stations
Within walking distance to Penn Plaza and major Manhattan landmarks
Walk Score: 98/100 (Walker's Paradise)
Transit Score: 100/100 (Rider's Paradise)
Bike Score: 85/100 (Very Bikeable)

29 W 35th St, Manhattan, NYC Building Amenities:
- Walker's Paradise: Walk Score of 98
- Rider's Paradise: Transit Score of 100
- Bikeable: Bike Score of 85
- 24 Hour Access
- Bus Line
- Metro/Subway
- Security System
- Kitchen
- Central Heating
- High Ceilings
- Direct Elevator Exposure
- Natural Light
- Partitioned Offices
- Plug & Play
- Wi-Fi
- Hardwood Floors
- Air Conditioning

29 West 35th Street, Manhattan, is a 12-story office building located in the Garment District near Koreatown. Historically, it has hosted several tenants, including:

Knotel: A flex-office startup that once occupied five floors (about 39,000 square feet), but stopped paying rent during the pandemic.
Sprinklr: A business software firm that also ceased paying rent alongside Knotel.
The Liberty NYC: A ground-floor bar that accrued unpaid rent during the early stages of the COVID-19 pandemic.

The building faced foreclosure twice: first in 2010 due to a $29.2 million mortgage default, and again in recent years following a $41 million mortgage default. The current ownership situation involves LNR Partners taking control after a foreclosure auction.

Internet Providers at 29 W 35th St, Manhattan, NYC

The building at 29 W 35th St, Manhattan, NYC is equipped with business grade Gigabit fiber-optic Internet by Stealth Communications, with fiber installed throughout the structure.

Verizon New York provides fiber internet service in the building, with maximum download speeds up to 1 Gbps and upload speeds up to 25 Mbps.

29 W 35th St, Manhattan, NYC - Transportation and Cross Streets

Located near the intersection of West 35th Street and 6th Avenue, this address benefits from extensive public transportation options.

Nearby Subway Lines

Subway: B, D, F, M, N, Q, R, W lines serve stations within a short walking distance, including 34 St-Herald Sq and 34 St-Penn Station.
Nearby stations: 34 St-Herald Sq (1 min walk), 34 St-Penn Station, Times Sq-42 St (6 min walk).

Bus Routes

Buses: BM2, BXM2, BXM4, M34-SBS, M55, QM10, QM12, QM20, QM24, X37 run along or near West 35th Street and 6th Avenue.
Bus stops within 1 to 4 minutes walking distance include: 6 Av/W 35 St, 6 Av/W 36 St, W 34th St & Broadway, 6 Av/W 37 St.

Train and PATH Services

Train lines accessible nearby: PATH, HUDSON, ACELA, PORT WASHINGTON BRANCH, RONKONKOMA BRANCH, ADIRONDACK.

Cross Streets

The building is situated on West 35th Street between 5th Avenue and 6th Avenue (Avenue of the Americas), placing it centrally within Midtown Manhattan's commercial corridor.

Office Tenants Rented / Leased 29 West 35th Street

Knotel leased 39,000 SF
Law Firm of Stuart Weiss P.C. leased 4,100 SF
MED|ED|NOW leased 7,800 SF
Sprinklr leased 32,800 SF
Tourneau leased 2,500 SF

Nearby Office Tenants Leased

MMS USA Holdings leased 350,000 SF at 1675 Broadway
Evercore leased 350,000 SF at 55 East 52nd Street
Pfizer leased 350,000 SF at 219 East 42nd Street
Ralph Lauren leased 350,000 SF at 601 West 26th Street
VMLY&R; Commerce leased 341,102 SF at 1775 Broadway
Shearman & Sterling leased 338,000 SF at 599 Lexington Avenue
Limited Brands leased 320,000 SF at 1740 Broadway
Google leased 311,000 SF at 111 Eighth Ave
MTA- Metro North Railroad leased 310,305 SF at 420 Lexington Ave
VNS Health leased 308,115 SF at 220 East 42nd St

Nearby Retail Tenants Leased

Domus Design Collection leased 27,950 SF at 136 Madison Ave
T.J. Maxx leased 27,639 SF at 250 West 57th St
Bandier leased 27,500 SF at 670-674 Broadway
Crunch leased 27,450 SF at 1385 Broadway
Borders leased 27,416 SF at 795 Columbus Ave
Olive Gourmet leased 26,000 SF at 1630 East 15th St
Phillips de Pury & Co. leased 25,559 SF at 450 Park Ave
In Mocean leased 25,551 SF at 463 Seventh Avenue
Bloomingdale leased 25,085 SF at 2085 Broadway
NYC Elite leased 25,014 SF at 40 Worth St

Tenants
Nearby Tenants

Office Tenants Rented / Leased 29 West 35th Street

Knotel leased 39,000 SF
Law Firm of Stuart Weiss P.C. leased 4,100 SF
MED|ED|NOW leased 7,800 SF
Sprinklr leased 32,800 SF
Tourneau leased 2,500 SF

Nearby Office Tenants Leased

MMS USA Holdings leased 350,000 SF at 1675 Broadway
Evercore leased 350,000 SF at 55 East 52nd Street
Pfizer leased 350,000 SF at 219 East 42nd Street
Ralph Lauren leased 350,000 SF at 601 West 26th Street
VMLY&R; Commerce leased 341,102 SF at 1775 Broadway
Shearman & Sterling leased 338,000 SF at 599 Lexington Avenue
Limited Brands leased 320,000 SF at 1740 Broadway
Google leased 311,000 SF at 111 Eighth Ave
MTA- Metro North Railroad leased 310,305 SF at 420 Lexington Ave
VNS Health leased 308,115 SF at 220 East 42nd St

Nearby Retail Tenants Leased

Domus Design Collection leased 27,950 SF at 136 Madison Ave
T.J. Maxx leased 27,639 SF at 250 West 57th St
Bandier leased 27,500 SF at 670-674 Broadway
Crunch leased 27,450 SF at 1385 Broadway
Borders leased 27,416 SF at 795 Columbus Ave
Olive Gourmet leased 26,000 SF at 1630 East 15th St
Phillips de Pury & Co. leased 25,559 SF at 450 Park Ave
In Mocean leased 25,551 SF at 463 Seventh Avenue
Bloomingdale leased 25,085 SF at 2085 Broadway
NYC Elite leased 25,014 SF at 40 Worth St

Brightwater Fund LLC Testimonial

Dear Mr. Sunderland: Thank you for the outstanding service you gave to us as we searched for office space. Through your efforts, you found us a location and facility that is virtually an exact fit for our needs. You helped us with the lease negotiations and were able to procure the space at a very attractive price. In short, you got us a great deal! You went above and beyond the call of duty in working with us until we moved in. You were always accessible and prepared to help us in every way. We would highly recommend you to our other friends and colleagues in their search for best available/best fitting space for their needs. Very truly yours, Donald Krueger Chief Financial Officer.

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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) FORLEASE 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 Fee Free Expert Representation Public Websites (Limited/Dated) BROKER DATABASES & NETWORKS (Off-Market, Subleases, Future Availabilities) FREE RENT TI ALLOWANCE (Build-out Cash) OPEX CAPS (Limit Increases) LEASE FLEXIBILITY (Renewal/Expansion Options) 5. Time Savings & Process Management 6. Mitigating Risk (the “Gotchas”) Searching, Scheduling, RFPs Outsourced RE Dept. (Curated Options, Timeline Management) Restoration Clauses Holdover Penalties LEASE PROTECTION Spots Pitfalls in LOI & Lease 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.