Manhattan » 10001 » Penn Plz » 5 Penn Plz

Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001 - Property report

Also known as: 301-303 W 33rd St

Property image for Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001

Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Year built

1917

Lot sq. ft.

23,601

General information

Address

Building name

Penn. Plaza BLDG

Primary address

Penn. Plaza BLDG - 5 Penn Plaza

Alternate address(es)

300-302 W 34th St
301-303 W 33rd St
461-479 8th Ave

ZIP code

10001

Neighborhood

Chelsea

Borough

Manhattan

Block & lot

00757-0031

Building

Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Building sq. ft.

611,625

Building dimensions

197.5 ft x 120 ft

Buildings on lot

Stories

Year built

1917

Last altered

1983

Building material

Sales

Sale date

11/01/2017

Sale price

$28,050,000 - M

Tax

Tax year

2026-2027

Property tax

$8,820,661

Tax class

Zoning & Use

Zoning

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

197.5 ft x 120 ft

Lot sq. ft.

23,601

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Current built area

611,738 sq. ft.

Buildable area

Area overview

Walk score

99 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

92 /100. Biker's Paradise

School district

Community district

Closest police station

0.10 Miles

Closest fire station

0.18 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for Penn. Plaza BLDG - 5 Penn Plaza, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/25/2025 - R 11/20/2025 - D	Agreement (2025112100795001)	XXXXXXXX XXXXXXXXX XXX	X XXXX XXXXX XXX
11/25/2025 - R 11/07/2025 - D	Agreement (2025112100813001)	XXXXXX XXXXX XXXXXXX XXX	X XXXX XXXXX XXX
11/25/2025 - R 10/30/2025 - D	Agreement (2025112000788001)	XXXXX XXXXX X X XXX	X XXXX XXXXX XXX
10/15/2025 - R 10/06/2025 - D	Agreement (2025101300076002)	XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX	X XXXX XXXXX XXX
01/02/2018 - R 11/01/2017 - D	NYC Real Property Transfer Tax (2017122900276001)	XXXXX X XXXXXXXXXXXXXX XXX	XXXXXXX XXXX XXX
03/15/2016 - R	UCC3 Termination (2016030101444001)	X XXXX XXXXX XXX	XX XXXXXX XXXXX XXXX X X
03/09/2016 - R 02/17/2016 - D	Asgn of Asgn of L&R (2016030400716002)	XXXXXXXX XXXX XXX	XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
03/09/2016 - R 02/17/2016 - D	Assignment, Mortgage (2016030400716001)	XXXXXXXX XXXX XXX	XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
02/02/2016 - R 01/06/2016 - D	Assignment of Leases and Rents (2016012600988006)	X XXXX XXXXX XXX	XXXXXXXX XXXX XXX
02/02/2016 - R 01/06/2016 - D	Mortgage and Consolidation (2016012600988005)	X XXXX XXXXX XXX	XXXXXXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Penn. Plaza BLDG - 5 Penn Plaza, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$8,820,661

Municipal exemptions

Recent tax assessments

Market value

$180,692,000

Assessed value

$81,311,400

More about New York City Property Taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$180,091,000	$81,040,950	$80,402,839	10.848%	$8,722,100	$8,722,100	-1.28%
2024/25	$188,057,000	$84,625,650	$82,095,156	10.762%	$8,835,081	$8,835,081	+2.47%
2023/24	$180,888,900	$81,400,000	$81,400,000	10.592%	$8,621,888	$8,621,888	-0.56%
2022/23	$180,979,000	$81,440,550	$81,440,550	10.646%	$8,670,161	$8,670,161	+9.97%
2021/22	$162,898,000	$73,304,100	$73,304,100	10.755%	$7,883,856	$7,883,856	-9.70%
2020/21	$198,457,000	$89,305,650	$81,644,688	10.694%	$8,731,083	$8,731,083	+7.02%
2019/20	$184,054,000	$82,824,300	$77,424,630	10.537%	$8,158,233	$8,158,233	+4.17%
2018/19	$180,827,000	$81,372,150	$74,488,020	10.514%	$7,831,670	$7,831,670	+6.30%
2017/18	$173,333,333	$78,000,000	$70,073,590	10.514%	$7,367,537	$7,367,537	+5.04%
2016/17	$166,726,000	$75,026,700	$66,333,590	10.574%	$7,014,114	$7,014,114	+4.10%

Permits

Permit information for Penn. Plaza BLDG - 5 Penn Plaza, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
08/11/2026	Alteration
06/29/2026	Alteration
06/18/2026	Alteration
06/09/2026	Alteration
05/30/2026	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	12/01/2024	Egrade-failure to post energy grade/score none
	02/21/2023	Fisphaz-hazardous condition (facade) facade required
	02/21/2023	Fispfcs-failure to correct swarmp conditions (facade) facade required

*Most recent DOB violations on record for this property.

Listings

Commercial listings at Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001

Photo	Listing Type	Property Type	Price	Sq. ft.	Listing Date	Last Updated
	For Lease	General Office	Listing price not available	650,329		09/25/2026	View listing
	For Lease	General Office	$35/Sq. ft./Year	638,000	03/11/2022	10/06/2026	View listing

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

8th Ave & 33rd St at NW Corner

Station lines

A-C-E

Distance (miles)

0.022

View subway map

Access the detailed traffic volume map for Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Nearby ZIP codes for Penn. Plaza BLDG - 5 Penn Plaza, New York, NY

10010, New York City, NY 10011, New York City, NY 10014, New York City, NY 10016, New York City, NY 10018, New York City, NY 10019, New York City, NY 10020, New York City, NY 10036, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10165, New York City, NY 10169, New York City, NY 10170, New York City, NY 10173, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001?

The development at Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001 was built in 1917.

What is the market value of Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001?

The current market value of Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001 is $180,692,000.

What is the total square footage of Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001?

Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001 has a total of 611,625 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 7.

How many active listings does Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001 have?

This address has 6 active listing(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.