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Modern Office Space in PENN
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1 Penn Plaza, New York, NY

Transformed office building with extensive amenities in THE PENN DISTRICT.

Space Size912 SF - 61,346 SF
Lot Size2.95 Acres
Days on Market1084

Property Features for 1 Penn Plaza

General Information

Standard status Active
Size 912 SF - 61,346 SF
Lot size 2.95 Acres
Property subtype RETAIL

Spaces For Lease

at 1 Penn Plaza Contact us

250 W 34th St

Floor
24
Size
1,366 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Partial 24th Fl 1,366 Sq Ft - Possession: Immediate - Term: 10/30/2021 - Rent:...
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250 W 34th St

Floor
1
Size
6,200 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
1
Size
3,725 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
14
Size
1,361 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
15
Size
912 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
16
Size
2,762 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
18
Size
4,104 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
18
Size
5,537 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
21
Size
1,362 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
22
Size
3,470 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
31
Size
17,665 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
31
Size
4,734 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
31
Size
7,606 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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250 W 34th St

Floor
32
Size
24,950 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
32
Size
12,142 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
32
Size
4,694 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
32
Size
8,114 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
33
Size
7,234 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
39
Size
3,075 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
39
Size
3,948 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
40
Size
20,069 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
42
Size
12,315 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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250 W 34th St

Floor
44
Size
15,437 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
47
Size
24,632 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
47
Size
7,496 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
47
Size
7,744 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
47
Size
9,392 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
51
Size
19,004 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
53
Size
2,077 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
6
Size
8,696 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
8
Size
61,346 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
LL
Size
1,989 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
LL
Size
7,188 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
LL1
Size
7,400 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
LL2
Size
1,221 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
LL2
Size
17,063 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
LL2
Size
1,993 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
LL2
Size
2,273 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Penn 1

Floor
LL2
Size
3,568 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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250 W 34th St

Floor
1
Size
5,405 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, On Available Date
Sublease
No
- Vornado's transformation of the midcentury PENN 1 to an office building of the...
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Contact us
Listing Agency: Vornado Realty Trust - Corporate
Listed By: Edward Hogan
Source: Moodyscre
Added: Sep 6, 2023 Changed: Aug 14 Last Checked: Aug 23 at 1:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vornado Realty Trust - Corporate

Investment Insights

Based on property information with market context.

Vornado's transformation of PENN 1 has redefined the office experience in THE PENN DISTRICT. The property offers 2,984 square feet of office space. The first three levels deliver WorkLife, an amenity ecosystem for tenants. The lobby includes grab-and-go food options such as Office Hours and Blue Bottle, as well as Blue Ribbon Sushi & Steak, a dining experience combining Japanese cuisine with a modern steakhouse. A social stair connects the main entrance to amenities on levels two and three, featuring bleacher seats and large LED panels suitable for meetings or events. Level two features The Landing, a full-service restaurant with private dining rooms, tenant lounges, Life Time, a 53,000 SF fitness and wellness center, WorkLife Meetings, a 20,000 SF conferencing facility, and WorkLife Office Suites, offering over 80,000 SF of adaptable workspace. Exterior upgrades include full facade painting, changing the mullions from silver to black, and distinctive color change lighting in the building crown.

Key Highlights

  • Extensive amenity ecosystem (WorkLife) focused on work and self‑care.
  • Enjoy on‑site dining options including grab‑and‑go and a full‑service restaurant (Blue Ribbon Sushi & Steak).
  • 53,000 SF Life Time fitness and wellness center.

Property Analytics

Current Use

Dennis/Dennis - Morgan Stanley Financial Advisor Water Street Wealth ... Financial Advisor Jamba Specialty Food Shop

Suggested Use

Top Pick Pet Grooming Service Buffet Adult Day Care Nursing Home Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

69,383
Businesses Nearby

Market

Lease Benchmarks for New York, NY

$48.25 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,679 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Transformed office building with extensive amenities in THE PENN DISTRICT.
Where is this office units located?
The property is located at 1 Penn Plaza New York, NY.
What are key features of this property?
This property features: Extensive amenity ecosystem (WorkLife) focused on work and self‑care.; Enjoy on‑site dining options including grab‑and‑go and a full‑service restaurant (Blue Ribbon Sushi & Steak).; 53,000 SF Life Time fitness and wellness center.
(212) 894-7988 Call to check price and availability
More about this property
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