Manhattan

2 Penn Plaza, New York, NY 10121 - Property report

Also known as: 2 Air RGT Penn Plz

Property image for 2 Penn Plaza, New York, NY 10121

Property type

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

Year built

1969

Lot sq. ft.

117,086

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
Primary address
2 Penn Plaza
Alternate address(es)
2 Air RGT Penn Plz
ZIP code
10121
Neighborhood
Chelsea
Borough
Manhattan
Block & lot
00781-9002

Owner

Find out who owns 2 Penn Plaza, New York, NY 10121. 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.
1,560,607
Building dimensions
354 ft x 139 ft
Buildings on lot
2
Stories
31
Year built
1969
Building material
Sales
Sale date
05/01/2016
Sale price
$850,000
Tax
Tax year
2026-2027
Property tax
$37,860,127
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
455 ft x 257.33 ft
Lot sq. ft.
117,086
Ownership

Ownership information for 2 Penn Plaza, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 2 Penn Plaza, New York, NY 10121

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/15/2026 - R
05/29/2026 - D		 Agreement
(2026061000961001)		 XXXXXXXX XXXXX XXXX X X XXXXXX XXXXXXXXXXXX XXX
01/28/2026 - R
10/24/2025 - D		 Agreement
(2026011201031002)		 XXXXXXXX XXXXX XXXX X X XXXX XXXXXX XXXXXX XXX
01/28/2026 - R
10/24/2025 - D		 Memorandum of Lease
(2026011201031001)		 XXXXXXX XXX XXXX XXXXXXXX X X X XXXX XXXXXX XXXXXX XXX
07/02/2026 - R
07/23/2025 - D		 Memorandum of Lease
(2026020400106001)		 XXXXXXX XXX XXXX XXXXXXXX X X X XXXXXXX XXXXXXXXX XXXXXXXX XXXXX XXX
07/02/2026 - R
06/23/2025 - D		 Agreement
(2026020400106002)		 XXXXXXXX XXXXX XXXX XX XXXXXXX XXXXXXXXX XXXXXXXX XXXXX XXX
11/24/2023 - R
11/03/2023 - D		 Agreement
(2023111700772001)		 XXXX XX XXX XXXX XXX XXXX XXXX XXXXXXXXXX XX XXXXXXX XXX XXXX XXXXXXXX X X X
08/23/2023 - R
07/27/2023 - D		 Agreement
(2023081701104001)		 XXXXXXXXXX XX XXXXXXXXXXXXXX XXXXXXX XXX XXXX XXXXXXXX X X X
06/01/2023 - R
05/23/2023 - D		 Easement
(2023053100529001)		 XXXXXXX XXX XXXX XXXXXXXX X X X XXXXXXXXXXXX XXXXXXXXXXXXXX XXXXXXXXX
12/24/2025 - R
05/03/2023 - D		 NYC Real Property Transfer Tax
(2025040800444001)		 XXXXX XXXXX XXXXX XXXX XXXXXXXXXXXX XXX
06/01/2023 - R
04/21/2023 - D		 Sundry Agreement
(2023053100529002)		 XXXXXXXX XXXXX XXXX XX XXXXXXX XXXXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 2 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
$37,860,127
Municipal exemptions
Recent tax assessments
Market value
$775,568,000
Assessed value
$349,005,600

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 $568,512,000 $255,830,400 $255,830,400 10.848% $27,752,482 $27,752,482 +19.16%
2024/25 $480,927,000 $216,417,150 $216,417,150 10.762% $23,290,814 $23,290,814 -5.63%
2023/24 $517,777,800 $233,000,000 $233,000,000 10.592% $24,679,360 $24,679,360 +3.94%
2022/23 $495,604,000 $223,021,800 $223,021,800 10.646% $23,742,901 $23,742,901 +7.67%
2021/22 $455,644,000 $205,039,800 $205,039,800 10.755% $22,052,030 $22,052,030 -10.73%
2020/21 $513,333,300 $230,999,985 $231,000,000 10.694% $24,703,140 $24,703,140 -1.67%
2019/20 $565,544,000 $254,494,800 $238,414,250 10.537% $25,121,710 $25,121,710 +4.89%
2018/19 $565,564,000 $254,503,800 $227,793,530 10.514% $23,950,212 $23,950,212 +3.73%
2017/18 $582,415,000 $262,086,750 $219,610,120 10.514% $23,089,808 $23,089,808 +8.48%
2016/17 $518,751,000 $233,437,950 $201,292,770 10.574% $21,284,697 $21,284,697 +6.33%
Permits

Permit information for 2 Penn Plaza, New York, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
07/06/2007 E-elevator
07/06/2007 E-elevator
07/06/2007 E-elevator

*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.

Neighbors for 2 Penn Plaza, New York, NY

306 W 126th St, New York 207 Avenue B, New York 530 Manhattan Ave, New York 480 Convent Ave, New York 280 Broadway, New York 310 W Broadway, New York 454 E 119th St, New York 150 Hillside Ave, New York 65 W 108th St, New York 220 5th Ave, New York 286 Hudson St, New York 801 1st Ave, New York 239 W 100th St, New York 304 W 126th St, New York 111 Broadway, New York 4113 Broadway, New York 609 W 135th St, New York 424 W Broadway, New York 371 Lenox Ave, New York

Frequently asked questions

What is the year built for 2 Penn Plaza, New York, NY 10121?

The development at 2 Penn Plaza, New York, NY 10121 was built in 1969.

What is the market value of 2 Penn Plaza, New York, NY 10121?

The current market value of 2 Penn Plaza, New York, NY 10121 is $775,568,000.

What is the total square footage of 2 Penn Plaza, New York, NY 10121?

2 Penn Plaza, New York, NY 10121 has a total of 1,560,607 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 35.

How many active listings does 2 Penn Plaza, New York, NY 10121 have?

This address has 17 active listing(s).

Disclaimer

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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.

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