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

WorkLife amenities include a large fitness and wellness center plus conferencing and adaptable office suites.

Space SizeContact for details
Property Size20,069 SF
Days on Market286

Property Features for 1 Penn Plaza

General Information

Standard status Active
Size 20,069 SF
Property subtype OFFICE

Amenities

WorkLife amenity ecosystem
Office Hours grab and go food
Blue Bottle coffee
Blue Ribbon Sushi & Steak
social stair
The Landing full-service restaurant
private dining rooms
tenant lounges
Life Time fitness center
WorkLife Meetings conferencing
WorkLife Office Suites
Listing Agency: Vornado Realty Trust - Corporate
Listed By: Josh Glick
Source: Moodyscre
Added: Oct 23, 2025 Changed: Jul 31 Last Checked: Aug 4 at 3:20AM

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.

1 Penn Plaza, New York, NY 10119 is an office building with WorkLife amenities delivered across the first three levels. The lobby offers grab-and-go dining options, and a social stair connects the main entrance on the first level to amenity areas 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 and multiple tenant lounges for socializing and working. The property also includes Life Time, a 53,000 SF fitness and wellness center; WorkLife Meetings, a 20,000 SF conferencing facility; and WorkLife Office Suites, with over 80,000 SF of adaptable workspace.

Exterior upgrades include full facade painting, with mullions changing from silver to black, and distinctive color-change lighting in the building crown.

Key Highlights

  • 20,069 SF office building with WorkLife amenities across the first three levels
  • Life Time fitness and wellness center totals 53,000 SF
  • WorkLife Meetings conferencing facility totals 20,000 SF

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 - WorkLife amenities include a large fitness and wellness center plus conferencing and adaptable office suites.
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: 20,069 SF office building with WorkLife amenities across the first three levels; Life Time fitness and wellness center totals 53,000 SF; WorkLife Meetings conferencing facility totals 20,000 SF
(212) 894-7413 Call to check price and availability
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