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Class A Office Sublease
For Lease
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Penn Plaza, New York, NY 10119

High-floor office space with direct transit access available for sublease.

Space SizeContact for details
Property Size10,000 SF
Days on Market1183

Property Features for Penn Plaza

General Information

Standard status Active
Size 10,000 SF
Class A
Property subtype Office

Building Details

Building Size 10,000 SF
Year Built 2019
Tenancy Multiple

Spaces For Lease

at Penn Plaza Contact us

Available Space

Type
Office
Availability
Active
Contact us
Listing Agency: RI Manhattan Realty
Listed By: Robert Isaacs · License #NY
Source: Crexi
Added: May 30, 2023 Changed: Aug 24 Last Checked: Aug 23 at 3:02AM

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 RI Manhattan Realty

Investment Insights

Based on property information with market context.

This Class A office space, ranging from 5,000 to 10,000 square feet, is available for sublease at 1 Penn Plaza, located at 250 W 34th St., New York, NY 10119. The space offers a plug-and-play opportunity and includes two large conference rooms, multiple office and breakout rooms, and a large pantry with an employee lounge area. The office features dramatic views and abundant natural light. The building provides a 24/7 attended lobby and direct access to Penn Station, LIRR, Amtrak, and the C, E, 1, 2, and 3 subway lines.

Key Highlights

  • Direct access to Penn Station, LIRR, Amtrak and C E / 1 2 3 Subway Lines
  • Plug and play opportunity
  • 24/7 attended lobby

Property Analytics

Current Use

Office Units

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

$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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - High-floor office space with direct transit access available for sublease.
Where is this office units located?
The property is located at Penn Plaza New York, NY.
What are key features of this property?
This property features: Direct access to Penn Station, LIRR, Amtrak and C E / 1 2 3 Subway Lines; Plug and play opportunity; 24/7 attended lobby
(917) 346-6517 Call to check price and availability
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