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PENN STATION 1,221 - 66,118 SF of Space Available in New York, NY 10119
HIGHLIGHTS
- Connected to Moynihan Train Hall & Penn 1
- Busiest transit hub in North America
- 650,000+ commuters per day
- Tenants include Starbucks, Raising Canes, Shake Shack, Wasabi, Penn Cellars, Dos Toros
SPACE AVAILABILITY (7)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Concourse, Ste C103 | 1,221 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| Concourse, Ste C119 | 1,993 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| Concourse, Ste C124 | 30,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| Concourse, Ste C126 | 10,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| Concourse, Ste C130 | 17,063 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| Concourse, Ste C140 | 2,273 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross | ||
| Concourse, Ste R110 | 3,568 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross |
Concourse, Ste C103
Situated on one of the busiest corners in Manhattan, at the intersection of 34th Street and Seventh Avenue, and sitting atop Penn Station, the transformation of PENN 1 is poised to redefine THE PENN DISTRICT. Vornado is reimagining 150,000 SF of retail including the Long Island Railroad concourse and a curated retail and dining experience along Plaza33. PENN 1 now features Office Hours, a grab and go eatery as well as, Blue Bottle and The Landing - a full service restaurant on the second floor, all enhancing the robust WorkLife amenity program.
- Located in-line with other retail
- Space is in Excellent Condition
- Connected to Moynihan Train Hall & Penn 1
- Neighbors: Damselfly, Leather Spa, Boba Lab
- Busiest transit hub in North America
- Over 19 feet of frontage
Concourse, Ste C119
Situated on one of the busiest corners in Manhattan, at the intersection of 34th Street and Seventh Avenue, and sitting atop Penn Station, the transformation of PENN 1 is poised to redefine THE PENN DISTRICT. Vornado is reimagining 150,000 SF of retail including the Long Island Railroad concourse and a curated retail and dining experience along Plaza33. PENN 1 now features Office Hours, a grab and go eatery as well as, Blue Bottle and The Landing - a full service restaurant on the second floor, all enhancing the robust WorkLife amenity program.
- Fully Built-Out as Standard Retail Space
- Connected to Moynihan Train Hall & Penn 1
- Neighbors: Starbucks, Wasabi, Rose Pizza
- Busiest transit hub in North America
- Over 27 feet of frontage
Concourse, Ste C124
Situated on one of the busiest corners in Manhattan, at the intersection of 34th Street and Seventh Avenue, and sitting atop Penn Station, the transformation of PENN 1 is poised to redefine THE PENN DISTRICT. Vornado is reimagining 150,000 SF of retail including the Long Island Railroad concourse and a curated retail and dining experience along Plaza33. PENN 1 now features Office Hours, a grab and go eatery as well as, Blue Bottle and The Landing - a full service restaurant on the second floor, all enhancing the robust WorkLife amenity program.
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Connected to Moynihan Train Hall & Penn 1
- Neighbors: Starbucks, Wasabi, Rose Pizza
- Busiest transit hub in North America
- Over 30 feet of frontage
Concourse, Ste C126
Situated on one of the busiest corners in Manhattan, at the intersection of 34th Street and Seventh Avenue, and sitting atop Penn Station, the transformation of PENN 1 is poised to redefine THE PENN DISTRICT. Vornado is reimagining 150,000 SF of retail including the Long Island Railroad concourse and a curated retail and dining experience along Plaza33. PENN 1 now features Office Hours, a grab and go eatery as well as, Blue Bottle and The Landing - a full service restaurant on the second floor, all enhancing the robust WorkLife amenity program.
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
- Connected to Moynihan Train Hall & Penn 1
- Neighbors: Starbucks, Wasabi, Rose Pizza
- Busiest transit hub in North America
- Over 26 feet of frontage
Concourse, Ste C130
Situated on one of the busiest corners in Manhattan, at the intersection of 34th Street and Seventh Avenue, and sitting atop Penn Station, the transformation of PENN 1 is poised to redefine THE PENN DISTRICT. Vornado is reimagining 150,000 SF of retail including the Long Island Railroad concourse and a curated retail and dining experience along Plaza33. PENN 1 now features Office Hours, a grab and go eatery as well as, Blue Bottle and The Landing - a full service restaurant on the second floor, all enhancing the robust WorkLife amenity program.
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Connected to Moynihan Train Hall & Penn 1
- Neighbors: Starbucks, Wasabi, Rose Pizza
- Busiest transit hub in North America
- Over 50 feet of frontage
Concourse, Ste C140
Situated on one of the busiest corners in Manhattan, at the intersection of 34th Street and Seventh Avenue, and sitting atop Penn Station, the transformation of PENN 1 is poised to redefine THE PENN DISTRICT. Vornado is reimagining 150,000 SF of retail including the Long Island Railroad concourse and a curated retail and dining experience along Plaza33. PENN 1 now features Office Hours, a grab and go eatery as well as, Blue Bottle and The Landing - a full service restaurant on the second floor, all enhancing the robust WorkLife amenity program.
- Listed rate may not include certain utilities, building services and property expenses
- Connected to Moynihan Train Hall & Penn 1
- Neighbors: Starbucks, Wasabi, Rose Pizza
- Busiest transit hub in North America
- Over 50 feet of frontage
Concourse, Ste R110
Situated on one of the busiest corners in Manhattan, at the intersection of 34th Street and Seventh Avenue, and sitting atop Penn Station, the transformation of PENN 1 is poised to redefine THE PENN DISTRICT. Vornado is reimagining 150,000 SF of retail including the Long Island Railroad concourse and a curated retail and dining experience along Plaza33. PENN 1 now features Office Hours, a grab and go eatery as well as, Blue Bottle and The Landing - a full service restaurant on the second floor, all enhancing the robust WorkLife amenity program.
- Listed rate may not include certain utilities, building services and property expenses
- Connected to Moynihan Train Hall & Penn 1
- Neighbors: Starbucks, Wasabi, Rose Pizza
- Busiest transit hub in North America
- Over 50 feet of frontage
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 66,118 SF | Gross Leasable Area | 132,307 SF |
| Property Type | Retail | Year Built/Renovated | 1972/2024 |
| Total Space Available | 66,118 SF |
| Property Type | Retail |
| Gross Leasable Area | 132,307 SF |
| Year Built/Renovated | 1972/2024 |
ABOUT THE PROPERTY
Situated on one of the busiest corners in Manhattan, at the intersection of 34th Street and Seventh Avenue, and sitting atop Penn Station, the transformation of PENN 1 is poised to redefine THE PENN DISTRICT. Vornado is reimagining 150,000 SF of retail including the Long Island Railroad concourse and a curated retail and dining experience along Plaza33. PENN 1 now features Office Hours, a grab and go eatery as well as, Blue Bottle and The Landing - a full service restaurant on the second floor, all enhancing the robust WorkLife amenity program.
- Signage
NEARBY MAJOR RETAILERS
CONTACTS
-
Edward Hogan -
Jason Morrison -
Jenniel Davis -
Nathan Jaime Marcus -
Vornado Realty Trust
Presented by
PENN STATION
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