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Rent Retail 1 Penn Plz

Lease Office 1 Penn Plz

$ / SF SF Monthly Rent
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$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 2373 $ 775
Interior office/person $ 1350 $ 1873 $ 525
Team Rooms $ 10100 $ 9123 $ 5025
Suites $ 20100 $ 13123 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Broadway & West 37th Street Negotiable
8,700
Negotiable
Broadway & West 40th Street Negotiable
25,300
Negotiable
Tenth Ave & Between West 79th Street Negotiable
37,900
Negotiable
Broadway & West 38th Street Negotiable
8,800
Negotiable
Address $ / SF SF Monthly Rent
Broadway & West 37th Street Negotiable
3,500
Negotiable
Broadway & West 40th Street Negotiable
5,500
Negotiable
W 38th St & Avenue of the Americas $ 56
3,500
$ 16,333
Broadway & West 38th Street Negotiable
6,900
Negotiable
Broadway & West 41st Street Negotiable
6,800
Negotiable
Broadway & West 36th Street Negotiable
2,900
Negotiable
Address $ / SF SF Monthly Rent
Broadway & West 37th Street Negotiable
2,300
Negotiable
Broadway & West 39th Street Negotiable
1,800
Negotiable
1 Plz & West 33rd Street $ 98
2,400
$ 19,600
W 40th St & Avenue of Americas Negotiable
1,800
Negotiable
Broadway & West 38th Street Negotiable
1,700
Negotiable
Address $ / SF SF Monthly Rent
Seventh Ave & West 38th Street Negotiable
24,500
Negotiable
W 35th St & Avenue of the Americas Negotiable
7,200
Negotiable
Eighth Ave & West 36th Street $ 40
7,500
$ 25,312
7th Ave & West 37th Street Negotiable
25,700
Negotiable
W 39th St & Eighth Avenue Negotiable
7,700
Negotiable
Fifth Ave & West 35th Street Negotiable
7,700
Negotiable
W 35th St & Eight Avenue Negotiable
9,000
Negotiable
Tenth Ave & West 36th Street Negotiable
19,800
Negotiable
Address $ / SF SF Monthly Rent
Seventh Ave & West 38th Street $ 52
3,100
$ 13,433
W 37th St & 6th Avenue Negotiable
5,200
Negotiable
W 35th St & Avenue of America Negotiable
3,000
Negotiable
Eighth Ave & West 36th Street Negotiable
4,600
Negotiable
W 39th St & Ninth Avenue $ 39
3,500
$ 11,375
Address $ / SF SF Monthly Rent
Seventh Ave & West 38th Street Negotiable
1,800
Negotiable
Eighth Ave & West 36th Street Negotiable
2,400
Negotiable
W 39th St & Ninth Avenue $ 39
1,800
$ 5,850
W 38th St & Between West 37th Street $ 35
2,200
$ 6,416
W 35th St & Eight Avenue Negotiable
1,700
Negotiable
Eighth Ave & West 35th Street $ 35
1,700
$ 4,958
W 38th St & Eight Avenue Negotiable
1,600
Negotiable
Eighth Ave & West 38th Street Negotiable
1,700
Negotiable
W 40th St & Eighth Avenue $ 46
1,900
$ 7,362
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue Negotiable
8,800
Negotiable
W 39th St & Eighth Avenue Negotiable
9,200
Negotiable
Tenth Ave & Between West 79th Street Negotiable
37,900
Negotiable
Eighth Ave & West 36th Street $ 42
16,000
$ 55,333
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue Negotiable
2,500
Negotiable
W 35th St & Eighth Avenue Negotiable
2,700
Negotiable
Seventh Ave & West 30th Street $ 35
3,800
$ 11,083
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue Negotiable
2,100
Negotiable
W 35th St & Eighth Avenue Negotiable
1,800
Negotiable
Eighth Ave & West 36th Street $ 38
1,600
$ 5,066
W 32nd St & Ninth Avenue Negotiable
2,000
Negotiable
Broadway & West 30th Street Negotiable
1,800
Negotiable
W 35th St & Seventh Avenue Negotiable
1,800
Negotiable
W 35th St & Between West 35th Street Negotiable
2,100
Negotiable
Eighth Ave & West 38th Street Negotiable
1,700
Negotiable

Retail Spaces for Rent at 1 Penn Plz

Rent Retail 1 Penn Plz

$ / SF SF Monthly Rent
Negotiable
2,700
Negotiable
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Rent Medical Space at 1 Penn Plz

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2 Penn Plaza nyc
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Rent 2 Penn Plaza Property Overview

Building Address: 1 Penn Plz, New York NY 10119
Building Name: Retail Portion at Penn Station
Building Alternate Address: 2 Penn plz
Zip Code:10119
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:0
Year Built:
Building Class:B
Block & lot:00781-0002

History of One Penn Plaza

One Penn Plaza, originally known as One Penn Plaza and stylized as PENN 1, is a notable skyscraper located in the Midtown Manhattan neighborhood of New York City, situated between 33rd and 34th Streets, west of Seventh Avenue, adjacent to Pennsylvania Station and Madison Square Garden. Completed in 1972, it was designed by the architectural firm Kahn & Jacobs and stands as the tallest building in the Pennsylvania Plaza complex of office buildings, hotels, and entertainment facilities.

The building was constructed between 1970 and 1972 and rises to a height of 750 feet (229 meters) with 57 floors, featuring three distinctive setbacks at the 7th, 14th, and 55th floors. Its strategic west side Manhattan location offers tenants mostly unobstructed views of the Hudson River to the south, west, and north. The construction utilized structural steel and concrete, with exterior walls clad in grey solar glass and anodized aluminum.

In its early ownership history, One Penn Plaza was held by Helmsley-Spear Inc. In the late 1990s, the building was sold for $420 million to Vornado Realty Trust, its current owner. Significant refurbishments have been undertaken over the years, including lobby renovations in 1995 and again in 2019. In 2009, plans were implemented to install a cogeneration plant that increased the building's heating efficiency, reportedly reducing its carbon output by nearly half by 2010.

The building has a well-integrated connection with surrounding transit, featuring underground passageways directly linking it to the Long Island Rail Road concourse of Pennsylvania Station, one block to the south. It includes 14 entrances and 44 elevators in seven banks, along with an underground parking garage accommodating 695 vehicles accessible from 33rd and 34th Streets.

A notable cultural footnote in the building’s history is its use as a filming location for over 80% of the action in the 2011 independent film Margin Call, which took place on the 42nd floor shortly after a trading firm had vacated that space. By 2021, the building had been rebranded as Penn 1.

One Penn Plaza

Located in Midtown Manhattan, New York City, One Penn Plaza is a prominent skyscraper situated between 33rd Street and 34th Street, west of Seventh Avenue.

Its address is officially 250 West 34th Street, Manhattan, NY, with the building often simply referred to as Penn 1.

Completed in 1972, it stands at 750 feet with 57 floors, featuring setbacks at the 7th, 14th, and 55th floors.

The building boasts extensive views of the Hudson River and cityscape, especially from its higher floors.

It is part of the Pennsylvania Plaza complex and has direct access to Pennsylvania Station and the Long Island Rail Road concourse.

Currently owned by Vornado Realty Trust, it has undergone significant renovations and sustainability improvements.


PENN 1 Amenities

Health & Wellness

  • Life Time gym with 53,000 SF fitness center
  • 7 indoor pickleball courts (open play/lessons/leagues)
  • Alpha high-intensity training programs
  • GTX progression-based group classes
  • WorkLife WellBeing wellness facilities

Dining & Social

  • The Landing full-service restaurant
  • Private dining rooms
  • Multiple tenant lounges
  • Blue Bottle coffee
  • Office Hours grab-and-go cafĂ©

Workspace Features

  • WorkLife Meetings (20,000 SF conference facilities)
  • WorkLife Office Suites (80,000+ SF flexible workspace)
  • Casual meeting mezzanine
  • LEED Gold certified operations
  • 24/7 security with card key access

Building Infrastructure

  • Direct Penn Station/Moynihan Train Hall access
  • 695-space underground parking garage
  • 3 floors of WorkLife amenities
  • Fully renovated lobby with modern design
  • Floor-to-ceiling high-performance windows

1 Penn Plaza, known as PENN 1, is a prime office building in Manhattan, NYC, housing a diverse range of tenants. Notable office tenants include:

  • Cisco Systems
  • Citigroup
  • Dell
  • Empire Health
  • Fortinet
  • Gusto
  • Hartford Insurance
  • Jacobs Engineering
  • Samsung
  • United Healthcare
  • Wells Fargo

Retail tenants include:

  • Anita La Mamma Del Gelato
  • Beer Table
  • Blue Bottle Coffee
  • Blue Ribbon Sushi & Steak
  • Boba Lab
  • Chick-Fil-A
  • Chop't
  • Damselfly Flowers
  • Dos Toros
  • Life Time
  • Los Tacos No.1
  • Pret A Manger
  • Shake Shack
  • Starbucks

Internet Providers at 1 Penn Plaza, Manhattan, NYC

Residents and businesses at 1 Penn Plaza have access to several major internet providers offering a range of connection types and speeds suitable for various needs.

Verizon Fios

Verizon Fios is a leading provider in Manhattan known for its fiber-optic service delivering ultra-fast speeds starting at 300 Mbps and up to 2.3 Gbps. Plans start at $49.99 per month and include options for bundling internet with phone and TV services.

Astound Broadband Powered by RCN

Astound Broadband offers cable and fiber internet service with plans up to 1.5 Gbps. It is recognized for competitive pricing and unlimited data usage. Plans start around $35 per month.

Spectrum

Spectrum provides cable and fiber internet service widely available across Manhattan, including 1 Penn Plaza. It offers speeds up to 1 Gbps with plans starting at $30 per month. Spectrum also offers internet bundles with TV and phone.

Optimum

Optimum offers cable and fiber service with speeds up to 8 Gbps and plans starting at $40 per month, catering to high-demand users.

Xfinity

Xfinity provides cable internet service with speeds up to 2 Gbps and plans starting at $30 per month.


1 Penn Plaza, Manhattan, NYC - Transportation and Cross Streets

Address: 250 West 34th Street, Manhattan, New York City

Cross Streets: Between 7th Avenue and 8th Avenue, spanning the full block from West 33rd Street to West 34th Street.

Subway Access

The nearest subway station is 34 St-Penn Station, just a 2-minute walk from 1 Penn Plaza.

Subway lines serving this station include:

  • 1, 2, 3
  • A, C, E
  • M, B, D, F, FX

Train Services

1 Penn Plaza offers direct connectivity via Pennsylvania Station located one block south, with train services including:

  • Empire Service
  • Harlem Line
  • Long Island Rail Road (LIRR)
  • Acela Express
  • Adirondack, Cardinal, Carolinian, Crescent
  • PATH trains

Bus Routes

Several bus routes stop near 1 Penn Plaza with stops within a 2-4 minute walk, including:

  • 34TH ST
  • M7
  • M20
  • M34-SBS, M34A-SBS
  • BXM4, M1

Nearby Bus Stops

  • 8 Av & W 34 St
  • W 34th St & 8th Ave (Westbound)
  • 7 Av & W 34 St
  • New York Midtown West
  • 7 Av & W 36 St
Nearby Office Tenants Leased
  • Blackstone Group leased 148,587 SF at 345 Park Avenue
  • Gerber Childrenswear Inc. leased 15,900 SF at 1333 Broadway
  • International Women's Health Coalition leased 11,000 SF at 333 Seventh Ave
  • American Lebanese Syrian Associated Charities leased 7,800 SF at 14 Penn Plaza
  • Moskowitz & Book leased 6,500 SF at 345 Seventh Ave
  • Rosewood Hotels & Resorts leased 5,700 SF at 330 Seventh Ave
  • Bernstein Real Estate leased 3,300 SF at 350 Seventh Ave
  • Night Castle Management leased 2,200 SF at 307 Seventh Ave
  • New York State Industry for the Disabled leased 1,500 SF at 352 Seventh Ave
  • Union Square Development leased 800 SF at 1261 Broadway

Nearby Retail Tenants Leased
  • Urban Outfitters leased 56,730 SF at 1333 Broadway
  • Soko Glam leased 7,772 SF at 1261 Broadway
  • Staples Copy & Print leased 6,600 SF at 330 Seventh Ave
  • Andrews Thirty Fifth Street Coffee Shop leased 5,221 SF at 463 Seventh Ave
  • MD Express 32 Inc. leased 4,400 SF at 306 Fifth Ave
  • Cafe Metro leased 3,000 SF at 363 Seventh Ave
  • Nanoosh leased 1,700 SF at 469 Seventh Ave
  • Tony's Shoe Repair leased 605 SF at 450 Seventh Ave
Nearby Office Tenants Leased
  • Blackstone Group leased 148,587 SF at 345 Park Avenue
  • Gerber Childrenswear Inc. leased 15,900 SF at 1333 Broadway
  • International Women's Health Coalition leased 11,000 SF at 333 Seventh Ave
  • American Lebanese Syrian Associated Charities leased 7,800 SF at 14 Penn Plaza
  • Moskowitz & Book leased 6,500 SF at 345 Seventh Ave
  • Rosewood Hotels & Resorts leased 5,700 SF at 330 Seventh Ave
  • Bernstein Real Estate leased 3,300 SF at 350 Seventh Ave
  • Night Castle Management leased 2,200 SF at 307 Seventh Ave
  • New York State Industry for the Disabled leased 1,500 SF at 352 Seventh Ave
  • Union Square Development leased 800 SF at 1261 Broadway

Nearby Retail Tenants Leased
  • Urban Outfitters leased 56,730 SF at 1333 Broadway
  • Soko Glam leased 7,772 SF at 1261 Broadway
  • Staples Copy & Print leased 6,600 SF at 330 Seventh Ave
  • Andrews Thirty Fifth Street Coffee Shop leased 5,221 SF at 463 Seventh Ave
  • MD Express 32 Inc. leased 4,400 SF at 306 Fifth Ave
  • Cafe Metro leased 3,000 SF at 363 Seventh Ave
  • Nanoosh leased 1,700 SF at 469 Seventh Ave
  • Tony's Shoe Repair leased 605 SF at 450 Seventh Ave

RZO Advisory Group Testimonial

RZO Advisory Group testimonial

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Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.

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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