Saturday June 15, 2024

1 Penn Plaza | One Penn Plaza

242 West 34th Street better known as 1 Penn Plaza | One Penn Plaza is a 57- story commercial office tower that contains over 2.7 million square feet of space. The property exact location pits it between 7th and 8th Avenues to the east and west, otherwise the building occupies all of the space between 33rd and 34th Street. A globally recognized address and location the building serviced by numerous entrances, a multitude of elevators, and parking – all of which are accessible from any side of the building alike though park itself is only available via the vehicle entrances on the north or south sides of the property. In addition the building enjoys a direct connection to the Long Island Rail Road via the Pennsylvania Station being situated one block southward.

Local Office Listings

1580 SQ. FT Penn Plaza Office Sublet for Rent
3456 SQ. FT Furnished Penn Plaza Office Space
3378 SQ. FT Furnished Office Space in Penn Plaza
4776 SQ. FT Penn Plaza Furnished Office Space
5755 SQ. FT One Penn Plaza 5755 SF. Direct Lease Office Space
5170 SQ. FT Penn Plaza Furnished Sublet Office

1 Penn Plaza | One Penn Plaza has been constructed using mainly concrete and structural steel which is coupled with gray solar glass trimmed by aluminum with corrosion-resistant anodix oxide finishes on the exterior walls. One Penn Plaza features two lobbies each of which are manned by uniformed staff security 24/7 while seven banks of elevators whisk staff and visitors alike via 44 passenger cabs.

Leasing Commercial Space

• Office Space Leasing Available

You can count on a wide inventory of available spaces from traditional office layouts with perimeter offices to chic open collaborative work environments. In comparison with other Class A Offices in Manhattan One Penn Plaza offers an outstanding value in contrast to the rental rates of other modern properties making this the intelligent choice for any businesses seeking the best in today’s commercial real estate!

OFFICES

Pre-Existing Layout; Landlord/Seller delivering a space to a tenant with top high-end finishes; all brand new and designed for today’s moderns company’s layout…

Raw Space; space offered by a Landlord/Seller that is completely unfinished (bare stud walls, unfinished floors, and no plumbing or electrical. The space will more than likely include a HVAC unit but no duct work or controls, a sprinkler system may be installed but not dropped to finish ceiling height)

A – space that the Landlord constructs to your specifications. Included are the services of an architect to assist with space planning

B – space that a Tenant constructs on its own utilizing money (the “cash contribution”) and time (the “rent abatement”) provided by the Landlord.

Office Sublet; portion of Primary Lessor space (may come equipped with furniture and phones)

OPTION Demised – own entrance + access to building services (elevator, restrooms, freight, common areas) private individual space not connected to any other tenant

For information on available office space inside of 1 Penn Plaza or nearby in the area, contact us and one of our brokers can provide you with all the intel needed including price, floor plans, photos, and insight into the area and the comparable options.

What this Building Can Offers Its Tenants:

  • On Site Security / Concierge + Key Card Access
  • Headquarter Opportunity
  • Accessible location at Penn Station
  • Central HVAC provided Monday to Friday, 8:00 am- 6:00 pm. Overtime & supplemental AC available
  • 695 car underground garage

SEE A SAMPLE FLOOR PLAN – Sample Floor Plate

Property Details

This property enjoys excellent light and views from windows at all four sides all of which help to create the best in open office layouts while those seeking private perimeter offices also find benefit herein. The building isn’t a sheer vertical tower but rather it features three setbacks which can be found ar the 7th, 12th, and

From the upper floors tenants enjoy sweeping unencumbered views of the entire city, while westward facing windows boast views of the Hudson River and the harbor to the south. Otherwise this office tower has been constructed with a center core design with all building systems being situated in the center of the structure (elevators, stairs and mechanical systems).

Today the ground retail level is leased to anchor tenant K-Mart who occupies 142,000 SF. at ground and two more subsequent floor plates below that. The remaining space at ground level has been rented out to other commercial retailers and a restaurant which helps round out that portion of the property. The remaining ground level has been purposed as a fountain and public plaza which are located at the western side of the property; the total area of the building encompassing an entire city block.

Tenants who have called or now call this Building home include:

There are about numerous tenants who occupy 1 Penn Plaza | One Penn Plaza today and who have called this building home…

Companies found at this Location

  • BlackLine, 2024 New Lease
  • Quadient, 2024 New Lease
  • Avego Management, 2024 New Lease
  • Taiwan Trade Center NY, 2024 New Lease
  • Black Line, 2024 Renewal
  • Regal Healthcare Capital, 2023 Renewal/Expansion
  • National Franchise Sales (NFS), 2023 Renewal
  • Meltwater News, 2023 New Lease
  • Orchestrade, 2023 —
  • Samsung, 2023 New Lease
  • Chardan Capital Markets, 2023 New Lease
  • Cardigan Capital, 2023 New Lease
  • Savoy Associates, 2023 Renewal
  • ADP, 2023 Renewal
  • Canaccord Genuity Group, 2023 New Lease
  • Archer Daniels Midland, 2023 Extension
  • ADM, 2023 Renewal/Expansion
  • Broadtrade Group, 2023 Renewal
  • Paycom Payroll, 2023 Renewal
  • Realterm Global, 2022 New Lease
  • Dell Technologies, 2022 New Lease
  • Jacobs Engineering, 2022 New Lease
  • Floyd Advisory, 2022 New Lease
  • American Urban Radio Network, 2022 New Lease
  • Anthem, 2022 New Lease
  • Gusto, 2022 New Lease
  • FiveSky, 2022 —
  • Brighton Health Plan Solutions, 2022 New Lease
  • Gibbons, 2022 New Lease
  • Gibbons, 2022 Renewal/Contraction
  • Gibbons, 2022 —
  • Kotak Mahindra, 2022 —
  • Pure Storage, 2022 New Lease
  • NFS Sales, 2022 Renewal/Expansion
  • Gibbons, 2022 Expansion
  • ADR Ventures 10, 2022 —
  • PRET a Manger (USA) Limited, 2022 —
  • Cooper & Cooper, 2021 —
  • Buchbinder Tunick & Company, 2021 New Lease
  • Valley Bank, 2021 New Lease
  • Empire Health Choice/Anthem, 2021 New Lease
  • Pharmapacks, 2021 New Lease
  • SDG Management, 2021 New Lease
  • Prosperity Life, 2021 New Lease
  • Information Builders, 2020 New Lease
  • Veritiv, 2020 New Lease
  • Hill International, 2020 New Lease
  • Blue Bottle Coffee, 2020 New Lease
  • Wells Fargo, 2020 Renewal
  • Great American Insurance Company, 2019 New Lease
  • RV Kuhns & Associates, 2019 Renewal
  • Merriam-Webster, 2019 New Lease
  • Uline, 2019 Expansion
  • Swarovski, 2019 Renewal
  • Hartford Fire Insurance, 2019 New Lease
  • Urban Engineers of New York D.P.C., 2019 New Lease
  • CommVault Systems, 2019 Extension
  • Regal Healthcare Capital, 2019 New Lease
  • Siemens, 2018 New Lease
  • NCR, 2018 New Lease
  • People’s Bank, 2018 New Lease
  • CipherHealth, 2018 New Lease
  • Liebert Corporation, 2018 New Lease
  • Metropolitan Transportation Authority (MTA), 2018 New Lease
  • WSP USA, 2018 Renewal
  • World Wide Technology, 2017 Expansion
  • GTT Communications, 2017 New Lease
  • China Telecom, 2017 New Lease
  • Derek T Smith Law Group, 2017 New Lease
  • MIT National Land Services, 2017 Expansion
  • Wiener Realty, 2017 Expansion
  • Broadtrade Group (formerly NB Plumbing and Heating), 2017 Extension/Expansion
  • Molton Brown, 2016 New Lease
  • VHB Engineering, 2016 New Lease
  • Dun & Bradstreet, 2016 New Lease
  • MIT National Land Services, 2016 Renewal
  • Buchbinder Tunick & Co, 2016 New Lease
  • Wasabi Sushi Bento, 2016 New Lease
  • NTT, 2016 New Lease
  • Trading Screen, 2016 New Lease
  • Euler American Credit, 2016 Renewal
  • CS Technology, 2015 New Lease
  • WSP Global, 2015 Expansion
  • Lexington Realty Trust, 2015 Renewal
  • Pret A Manger, 2015 New Lease
  • Parsons Brinckerhoff, 2015 Expansion
  • WSP Global, 2015 Expansion
  • World Wide Technology, 2015 New Lease
  • Fuse Media, 2015 New Lease
  • Cisco, 2014 Renewal
  • UnitedHealthcare, 2014 Renewal
  • Goetz Fitzpatrick, 2013 Renewal/Expansion
  • Symantec, 2013 New Lease
  • Parsons Brinckerhoff, 2011 Renewal

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1 Penn Plaza | One Penn Plaza
Near By Transportation

1, 2, 3, A, C and E subway lines
crosstown #34 bus
Long Island Railroad, New Jersey Transit and Amtrak

Notable Buildings in the Area

411 Broadway
1250 Broadway

Alternate Addresses

242 West 34th Street

One Penn Plaza

Zip Code
10119