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Office Building with Fitness & Wellness Center
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1 Penn Plaza, New York, NY 10119

Office building with WorkLife amenities, including a full-service restaurant and a Life Time fitness and wellness center.

Space SizeContact for details
Property Size9,392 SF
Days on Market181

Property Features for 1 Penn Plaza

General Information

Standard status Active
Size 9,392 SF
Property subtype OFFICE

Amenities

Office Hours
Blue Bottle
Blue Ribbon Sushi & Steak
social stair
The Landing
tenant lounges
Life Time fitness center
WorkLife Meetings
WorkLife Office Suites
Listing Agency: Vornado Realty Trust - Corporate
Listed By: Josh Glick
Source: Moodyscre
Added: Feb 5 Changed: Jul 31 Last Checked: Aug 4 at 11:07AM

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.

This office building features a tenant-focused WorkLife amenity ecosystem across the first three levels. The lobby includes grab-and-go food options and multiple dining concepts. A social stair connects the main entrance to amenities on levels two and three, featuring bleacher seats and large LED panels for casual meetings or private events.

Level two includes The Landing, a full-service restaurant with private dining rooms, along with multiple tenant lounges for socializing and working. The building also includes 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. The property is listed at 9,392 SF.

Key Highlights

  • Life Time 53,000 SF fitness and wellness center
  • WorkLife Meetings 20,000 SF conferencing facility
  • WorkLife Office Suites over 80,000 SF adaptable workspace

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

Demographics for 10119, NY

154
Population
3
Households
51.3
Avg Household Size
44
Median Age

Market

Lease Benchmarks for New York, NY

$64.2 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
34,730 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
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Frequently Asked Questions

What type of property is this?
Office building - Office building with WorkLife amenities, including a full-service restaurant and a Life Time fitness and wellness center.
Where is this office building located?
The property is located at 1 Penn Plaza New York, NY.
What are key features of this property?
This property features: Life Time 53,000 SF fitness and wellness center; WorkLife Meetings 20,000 SF conferencing facility; WorkLife Office Suites over 80,000 SF adaptable workspace
(212) 894-7413 Call to check price and availability
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