370 7Th Ave, New York, NY 10001
Seven Penn Plaza, a prestigious 17-story building at 370 7th Avenue in New York City (zip code 10001), offers exceptional executive office space. This landmark property, built in 1921 and renovated in 2023, boasts a total of 368,000 square feet, with 164,362 square feet currently vacant. Units range from a minimum of 1,822 square feet to a maximum contiguous space of 73,439 square feet, accommodating various business needs. The building features 17 suites in total, providing multiple tenancy options. Conveniently located adjacent to Madison Square Garden and Penn Station, it offers unparalleled access to major transportation hubs, including the Long Island Railroad, New Jersey Transit, Amtrak, and the MTA Subway lines. The property benefits from a prime location within the Penn Plaza commercial district, surrounded by renowned department stores and thriving retail. Amenities include 24/7 access, an attended lobby, on-site management, ground floor restaurants and retailers, freight entrances on West 30th and West 31st Streets, and modern central air conditioning. The building provides excellent city views and abundant natural light. Power is supplied by a 120/208 three-phase system, and elevators are available. This is an unparalleled opportunity to secure office space in one of Manhattan's most dynamic and convenient locations.
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Lazarus Karp, LLP Law Firm
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Herman Wolfson & Co Accounting Firm Tax Preparation
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Open Text Inc. Corporate Office
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Dominican Lawyering Services Ltd Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.