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Rent/Lease Retail 1 Penn Plz

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
Penn Plaza & West 33rd Street $ 36
10,000
$ 30,000
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
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 $ 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
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
7,300
$ 18,250
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
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
Type of Space Class A/month Class B/month Class C/month
Windowed office/person
Interior office/person
Team Rooms
Suites

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
Ninth Ave & Between Dyer Avenue $ 156
16,200
$ 211,275
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 & W 35th Street $ 40
10,000
$ 33,333
Tenth Ave & West 37th Street $ 48
10,100
$ 40,400
Broadway & West 38th Street $ 54
12,000
$ 54,500
Seventh Ave & West 37th Street $ 56
10,300
$ 48,066
7th Ave & Between 7th Avenue $ 56
11,600
$ 54,133
W 36th St & Avenue of the Americas $ 42
13,600
$ 48,166
Broadway & West 39th Street $ 42
21,400
$ 74,900
Seventh Ave & Sixtenth Street $ 46
10,000
$ 38,750
W 39th St & Avenue of America $ 50
10,700
$ 45,029
Fifth Ave & West 34th Street $ 56
12,800
$ 60,266
Seventh Ave & West 35th Street $ 61
23,000
$ 116,916
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 $ 36
10,200
$ 31,025
W 39th St & Eighth Avenue $ 40
21,600
$ 72,000
Eighth Ave & West 36th Street $ 42
16,000
$ 56,000
Eighth Ave & West 39th Street $ 41
11,400
$ 38,950
W 35th St & Seventh Avenue $ 30
11,700
$ 29,250
W 35th St & Broadway $ 36
10,600
$ 31,800
W 37th St & Eight Avenue $ 46
10,000
$ 38,750
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 40
8,800
$ 29,700
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
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 37th St & Ninth Avenue $ 37
1,900
$ 5,920

Retail Spaces for Rent at 1 Penn Plz

Rent Retail 1 Penn Plz

Rent Medical Space at 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
Nearby Retail Tenants Leased
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • La Mar leased 9,000 SF at 11 Madison Ave
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
  • Simit and Smith leased 400 SF at 11 Waverly Pl
$ / 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 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.
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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 Retail Tenants Leased
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • La Mar leased 9,000 SF at 11 Madison Ave
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
  • Simit and Smith leased 400 SF at 11 Waverly Pl
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 Retail Tenants Leased
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • La Mar leased 9,000 SF at 11 Madison Ave
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
  • Simit and Smith leased 400 SF at 11 Waverly Pl

Isolar Enterprises, Inc. Testimonial

To Whom It May Concern: We were very fortunate to have Stephen Sunderland as our agent when we began to look for a new office space. Steve totally understood what we were looking for and found us our new home really quickly! He did not waste our time showing us endless properties that didn't meet with our criteria. We are extremely happy here in our new office and we all found Steve to be a pleasure to deal with. I would highly recommend him to anyone who is looking for a new space in New York City. Sincerely, Eileen d' Arcy
🤝
Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
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  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
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Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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.
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