Search
Office Unit with Shared Amenities
For Lease
Contact for pricing

1 Penn Plaza, New York, NY 10119

Office space within PENN 1’s multi-level workplace, dining, fitness, wellness, and conferencing environment.

Space SizeContact for details
Property Size8,696 SF
Days on Market1281

Property Features for 1 Penn Plaza

General Information

Standard status Active
Size 8,696 SF
Property subtype OFFICE

Amenities

WorkLife amenity ecosystem
Office Hours
Blue Bottle
Blue Ribbon Sushi & Steak
social stair
bleacher seats
LED panels
The Landing restaurant
private dining rooms
tenant lounges
Life Time fitness and wellness center
WorkLife Meetings conferencing facility
WorkLife Office Suites
Listing Agency: Vornado Realty Trust - Corporate
Listed By: Josh Glick
Source: Moodyscre
Added: Feb 1, 2023 Changed: Jul 31 Last Checked: Aug 4 at 8:39AM

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 8,696-square-foot office unit is located within PENN 1, a modernized office building in Manhattan’s PENN DISTRICT. The property’s first three levels include a broad tenant amenity program designed around work, dining, fitness, wellness, meetings, and social space.

Building amenities include grab-and-go offerings from Office Hours and Blue Bottle, Blue Ribbon Sushi & Steak, The Landing full-service restaurant with private dining rooms, tenant lounges, Life Time’s 53,000 SF fitness and wellness center, and WorkLife Meetings, a 20,000 SF conferencing facility. WorkLife Office Suites provides over 80,000 SF of adaptable workspace. A social stair connects the first-level entrance with the upper amenity floors, while bleacher seating and large LED panels support casual meetings and private events. PENN 1 is located at 1 Penn Plaza, New York, NY 10119.

Key Highlights

  • 8,696 square feet of office space at PENN 1
  • 53,000 SF Life Time fitness and wellness center
  • 20,000 SF WorkLife Meetings conferencing facility

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

$47.13 /SF/Yr
Avg Asking Price
$4.17–$109 /SF/Yr
Price Range
11,202 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Office space within PENN 1’s multi-level workplace, dining, fitness, wellness, and conferencing environment.
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: 8,696 square feet of office space at PENN 1; 53,000 SF Life Time fitness and wellness center; 20,000 SF WorkLife Meetings conferencing facility
(212) 894-7413 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message