Manhattan

Pennsylvania Building - 14 Penn Plaza, New York, NY 10122 - Property report

Also known as: 225-241 W 34th St

Property image for Pennsylvania Building - 14 Penn Plaza, New York, NY 10122
static Mapbox map

Property type

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

Year built

1924

Lot sq. ft.

22,614

Sale price

$350,000,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
Pennsylvania Building
Primary address
Pennsylvania Building - 14 Penn Plaza
Alternate address(es)
225-241 W 34th St
234-238 W 35th St
ZIP code
10122
Neighborhood
Garment District
Borough
Manhattan
Block & lot
00784-0019

Owner

Find out who owns Pennsylvania Building - 14 Penn Plaza, New York, NY 10122. Uncover corporate and individual owners with a free account.

Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
461,386
Building dimensions
154 ft x 196 ft
Buildings on lot
1
Stories
22
Year built
1924
Last altered
1925
Building material
Sales
Sale date
08/23/2007
Sale price
$350,000,000
Tax
Tax year
2026-2027
Property tax
$7,105,440
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Commercial units
139
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
154 ft x 197.5 ft
Lot sq. ft.
22,614

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
90 /100.  Biker's Paradise
School district
2
Community district
5
Closest police station
0.19 Miles
Closest fire station
0.08 Miles

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

Units for Pennsylvania Building - 14 Penn Plaza, New York, NY

Ownership

Ownership information for Pennsylvania Building - 14 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 Pennsylvania Building - 14 Penn Plaza, New York, NY 10122

Sale date Sale price Buyer name Seller name
08/23/2007 $350,000,000 XX X X XXXXXXXXXXXX XXXXXXXX XXX XX XXXX XXXXX X X X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/03/2025 - R Initial UCC1
(2025013100436001)		 XX XX XXXXXXXXXXXX XXXXXXXX XXX XXXXX XXXX
02/04/2025 - R
01/29/2025 - D		 Termination of Assign of L&R
(2025013100425001)		 XX XX XXXXXXXXXXXX XXXXXXXX XXX XXXXXX XXXXXXX XXXXXXX XXXXXXX
02/03/2025 - R
01/29/2025 - D		 Assignment of Leases and Rents
(2025013100403003)		 XX XX XXXXXXXXXXXX XXXXXXXX XXX XXXXX XXXX
02/03/2025 - R
01/29/2025 - D		 Agreement
(2025013100403002)		 XX XX XXXXXXXXXXXX XXXXXXXX XXX XXXXX XXXX
02/03/2025 - R
01/29/2025 - D		 Assignment, Mortgage
(2025013100403001)		 XXXXXX XXXXXXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXX XXXX
10/11/2019 - R
03/26/2019 - D		 Sundry Agreement
(2019092601148001)		 XXXXXX XXXXXXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXXXXXXX XXXXXXXXXX XXXXXX
07/17/2018 - R UCC3 Continuation
(2018070600595001)		 XX XX XXXXXXXXXXXX XXXXXXXX XXX XXXXXX XXXXXXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
10/18/2016 - R
08/26/2016 - D		 Both RPTT and RETT
(2016092900089001)		 XXX XXXXXXXX XXXXX XXXXXX XXXXXX XXXXX XXXXXXXXXX XXXXXXXXXX
03/27/2014 - R UCC3 Amendment
(2014032600973002)		 XX XX XXXXXXXXXXXX XXXXXXXX XXX XXXXXX XXXXXXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
03/27/2014 - R UCC3 Assignment
(2014032600973001)		 XX XX XXXXXXXXXXXX XXXXXXXX XXX XXXX XX XXXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Pennsylvania Building - 14 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
$7,105,440
Municipal exemptions
Recent tax assessments
Market value
$145,555,600
Assessed value
$65,500,000

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 $148,138,000 $66,662,100 $64,421,857 10.848% $6,988,483 $6,988,483 +0.15%
2024/25 $146,666,700 $66,000,000 $64,841,437 10.762% $6,978,235 $6,978,235 +2.68%
2023/24 $142,577,800 $64,160,000 $64,160,000 10.592% $6,795,827 $6,795,827 -0.62%
2022/23 $147,945,000 $66,575,250 $64,231,089 10.646% $6,838,042 $6,838,042 +8.29%
2021/22 $130,471,000 $58,711,950 $58,711,950 10.755% $6,314,470 $6,314,470 -2.99%
2020/21 $151,049,000 $67,972,050 $60,865,740 10.694% $6,508,982 $6,508,982 +10.21%
2019/20 $144,221,000 $64,899,450 $56,051,640 10.537% $5,906,161 $5,906,161 +9.14%
2018/19 $134,572,000 $60,557,400 $51,471,810 10.514% $5,411,746 $5,411,746 +9.53%
2017/18 $129,342,000 $58,203,900 $46,992,060 10.514% $4,940,745 $4,940,745 +7.43%
2016/17 $117,102,000 $52,695,900 $43,494,840 10.574% $4,599,144 $4,599,144 +6.95%
Permits

Permit information for Pennsylvania Building - 14 Penn Plaza, New York, NY

Filing date Job type Job status Job description Initial cost
09/01/2026 Alteration
09/01/2026 Alteration
09/01/2026 Alteration
08/26/2026 Alteration
08/21/2026 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
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
7th Ave & 34th St at SW Corner
Station lines
1-2-3
Distance (miles)
0.061
View subway map

Access the detailed traffic volume map for Pennsylvania Building - 14 Penn Plaza, New York, NY 10122 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

Neighbors for Pennsylvania Building - 14 Penn Plaza, New York, NY

410 8th Ave, New York 488 8th Ave, New York 412 8th Ave, New York 252 W 31st St, New York 4 Penn Plz, New York 209 W 30th St, New York 460 8th Ave, New York 267 W 34th St, New York 414 8th Ave, New York 210 W 31st St, New York 2 Penn Plz, New York 486 8th Ave, New York 265 W 34th St, New York 416 8th Ave, New York 242 W 31st St, New York 7 Penn Plz, New York 480 8th Ave, New York 261 W 34th St, New York 408 8th Ave, New York

Frequently asked questions

What is the year built for Pennsylvania Building - 14 Penn Plaza, New York, NY 10122?

The development at Pennsylvania Building - 14 Penn Plaza, New York, NY 10122 was built in 1924.

What is the market value of Pennsylvania Building - 14 Penn Plaza, New York, NY 10122?

The current market value of Pennsylvania Building - 14 Penn Plaza, New York, NY 10122 is $145,555,600.

What is the total square footage of Pennsylvania Building - 14 Penn Plaza, New York, NY 10122?

Pennsylvania Building - 14 Penn Plaza, New York, NY 10122 has a total of 461,386 square feet.

What is the price per square foot for this property?

$758 per square foot is the price for Pennsylvania Building - 14 Penn Plaza, New York, NY 10122.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 139.

Disclaimer

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