Expert Tenant Broker "No Fee"
We represent you, not the landlord

Rent Retail 1 Penn Plz

Nearby Office Tenants Leased
  • Paul Davril Inc. leased 40,353 SF at 1370 Broadway
  • Paychex Inc. leased 28,640 SF at 1250 Broadway
  • Gerber Childrenswear Inc. leased 15,900 SF at 1333 Broadway
  • Digital Color Technologies leased 10,000 SF at 1001 Avenue of the Americas
  • BMR Energy leased 3,543 SF at 1359 Broadway
  • Mystique International leased 2,754 SF at 1237-1239 Broadway
  • Wind & Wind, Inc. leased 1,309 SF at 1350 Broadway
  • HI Construction Corp. leased 990 SF at 1201 Broadway
  • ABC Employment Agency Inc. leased 825 SF at 1270 Broadway
  • Union Square Development leased 800 SF at 1261 Broadway

Rent Retail 1 Penn Plz

$ / SF SF Monthly Rent
Negotiable
2,700
Negotiable
Tenant Broker’s Perspective: office buildings being demolished or converted to residential are driving up rental prices at 2 Penn Plaza. This trend is projected to continue. Opportunities for subleases remain available at 2 Penn Plaza and in the nearby Penn Plaza/Garment neighborhood.
Find My Space!
2 Penn Plaza nyc
Thank you! we will be in touch.

Before you go please fill:

Search all rental options at 1 Penn Plz

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 café

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
  • Paul Davril Inc. leased 40,353 SF at 1370 Broadway
  • Paychex Inc. leased 28,640 SF at 1250 Broadway
  • Gerber Childrenswear Inc. leased 15,900 SF at 1333 Broadway
  • Digital Color Technologies leased 10,000 SF at 1001 Avenue of the Americas
  • BMR Energy leased 3,543 SF at 1359 Broadway
  • Mystique International leased 2,754 SF at 1237-1239 Broadway
  • Wind & Wind, Inc. leased 1,309 SF at 1350 Broadway
  • HI Construction Corp. leased 990 SF at 1201 Broadway
  • ABC Employment Agency Inc. leased 825 SF at 1270 Broadway
  • Union Square Development leased 800 SF at 1261 Broadway

Nearby Office Tenants Leased
  • Paul Davril Inc. leased 40,353 SF at 1370 Broadway
  • Paychex Inc. leased 28,640 SF at 1250 Broadway
  • Gerber Childrenswear Inc. leased 15,900 SF at 1333 Broadway
  • Digital Color Technologies leased 10,000 SF at 1001 Avenue of the Americas
  • BMR Energy leased 3,543 SF at 1359 Broadway
  • Mystique International leased 2,754 SF at 1237-1239 Broadway
  • Wind & Wind, Inc. leased 1,309 SF at 1350 Broadway
  • HI Construction Corp. leased 990 SF at 1201 Broadway
  • ABC Employment Agency Inc. leased 825 SF at 1270 Broadway
  • Union Square Development leased 800 SF at 1261 Broadway

Sapphire Office Solutions Testimonial

Sapphire Office Solutions testimonial

We love a challenge!

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.

Find My Space!