| Building name | Penn. Plaza BLDG |
| Primary address | Penn. Plaza BLDG - 5 Penn Plaza |
| Secondary address | 301-303 W 33rd St |
| Neighborhood | Chelsea |
| Zip code | 10001 |
| Borough | Manhattan |
| Block & lot | 00757-0031 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Lot sq. ft. | 23,601 |
| Lot dimensions | |
| Property type | Office Only with or without Commercial - 20 Stories or More (O4)
|
| Building sqft | 611,625 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 24 |
| Year built | 1917 |
| Year last altered | 1983 |
| Construction type | Register |
| School district | 2 |
| Community district | 4 |
| Closest police station | 0.10 Miles |
| Closest fire station | 0.18 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Office Only with or without Commercial - 20 Stories or More (O4) located at Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001 has a total of 611,625 square feet and a current price per square foot of $45.
What is the year built & the current market value of Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001?Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001 was built in 1917 and has a current tax assessor's market value of $180,692,000.
How many commercial spaces does this building have?This building has 7 commercial spaces available for lease. There are 1 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Lease |
|---|---|
| Listing date | 03/11/2022 |
| Last updated | 06/18/2026 |
A 26-story structure with approximately 608,000 rentable square feet, built in 1916.
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Partial 14 Floor | General Office | $35/Sq. ft./Year | 9,982 | John Albal Alejandro Alvarez Dirk Hrobsky Chris Helgesen |
Create a free account to view the complete sales history for 5 Penn Plaza, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
*Here are the three most recent sales for this property.
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R: Recorded date
D: Document date
Access detailed property tax data for Penn. Plaza BLDG - Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2026-2027 |
| Property tax: | $8,820,661 |
| Tax assessor's market value: | $180,692,000 |
| Assessed value: | $81,311,400 |
Here's the assessment & property tax history for 5 Penn Plaza, New York, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year 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% |
The complete history of permits filed for 5 Penn Plaza, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.
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| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | 8th Ave & 33rd St at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | A-C-E | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.022 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Here are the neighbors for Penn. Plaza BLDG - Penn. Plaza BLDG - 5 Penn Plaza, New York, NY 10001.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 311 W 34th St, New York | 149,436 | 10/08/1976 | |
| 420 9th Ave, New York | 41,006 | 07/31/2025 | |
| 320 W 31st St, New York | 116,000 | 02/22/2016 | $4,000,000 |
| 315 W 33rd St, New York | 555,125 | 01/13/2016 | $87,565,050 |
| 413 8th Ave, New York | 7,109 | 06/20/2008 | |
| 355 W 34th St, New York | |||
| 21 Penn Plz, New York | 338,962 | 11/01/2017 | $28,050,000 |
| 360 W 34th St, New York | 279,392 | 07/31/2025 | |
| 365 W 34th St, New York | 4,633 | 01/07/1976 | |
| 481 8th Ave, New York | 1,300,727 | 09/29/2023 | |
| 321 W 33rd St, New York | 03/31/2020 | $4,000,000 | |
| 325 W 33rd St, New York | 120,639 | 09/30/2025 | |
| 432 9th Ave, New York | 5,776 | 12/21/1976 | |
| 347 W 34th St, New York | 11,400 | 12/03/1974 | |
| 323 W 34th St, New York | 103,191 | ||
| 350 W 31st St, New York | 63,200 | 10/31/1994 | |
| 340 W 31st St, New York | 82,750 | 04/29/2004 | |
| 330 W 34th St, New York | 646,464 | 08/18/2022 | |
| 440 9th Ave, New York | 342,596 | 08/20/2025 | $105,000,000 |
| 357 W 30th St, New York | 4,092 |
