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Office Unit with Shared Amenities
For Lease
Contact for pricing

1 Penn Plaza, New York, NY 10119

Office space within a building offering dining, fitness, conferencing, lounges, and adaptable workspace.

Space Size7,606 SF
Days on Market10

Property Features for 1 Penn Plaza

General Information

Standard status Active
Size 7,606 SF
Property subtype OFFICE

Amenities

Office Hours
Blue Bottle
Blue Ribbon Sushi & Steak
social stair
The Landing
tenant lounges
Life Time fitness and wellness center
WorkLife Meetings
WorkLife Office Suites

Spaces For Lease

at 1 Penn Plaza Contact us

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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Listing Agency: Vornado Realty Trust - Corporate
Listed By: Josh Glick
Source: Moodyscre
Added: Aug 13 Changed: Aug 16 Last Checked: Aug 22 at 3:55AM

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 7606-square-foot office unit is located at PENN 1, a modernized office building at 1 Penn Plaza in New York. The property offers an extensive shared amenity program across its first three levels, including tenant lounges, dining options, conferencing facilities, fitness and wellness services, and adaptable office suites.

Building improvements include a fully painted facade, updated mullion finishes, and color-changing crown lighting. On-site amenities include WorkLife Meetings, a 20,000 SF conferencing facility; Life Time, a 53,000 SF fitness and wellness center; and more than 80,000 SF of adaptable workspace. Additional offerings include Office Hours, Blue Bottle, Blue Ribbon Sushi & Steak, The Landing restaurant, private dining rooms, and event-oriented seating along the social stair.

Key Highlights

  • 7606‑square‑foot office unit at 1 Penn Plaza, New York, NY 10119
  • Shared dining options include Office Hours, Blue Bottle, and Blue Ribbon Sushi & Steak
  • Life Time fitness and wellness center spans 53,000 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

$46.54 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,523 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 units - Office space within a building offering dining, fitness, conferencing, lounges, and adaptable workspace.
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: 7606‑square‑foot office unit at 1 Penn Plaza, New York, NY 10119; Shared dining options include Office Hours, Blue Bottle, and Blue Ribbon Sushi & Steak; Life Time fitness and wellness center spans 53,000 SF
(212) 894-7413 Call to check price and availability
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