| Building name | One Penn Plaza |
| Primary address | One Penn Plaza - 1 Penn Plaza |
| Secondary address | 265 W 33rd St |
| Neighborhood | Chelsea |
| Zip code | 10119 |
| Borough | Manhattan |
| Block & lot | 00783-0070 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 08/23/2019 |
| Purchase price | $43,400,000 |
| Tax class | Register |
| Estimated property tax | $43,840,198 |
| Lot sq. ft. | 127,966 |
| Lot dimensions | |
| Property type | Office Only with or without Commercial - 20 Stories or More (O4)
|
| Building sqft | 2,689,635 |
| Building dimensions |
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.15 Miles |
| Closest fire station | 0.13 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
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 One Penn Plaza - 1 Penn Plaza, New York, NY 10119 has a total of 2,689,635 square feet.
What is the year built & the current market value of One Penn Plaza - 1 Penn Plaza, New York, NY 10119?One Penn Plaza - 1 Penn Plaza, New York, NY 10119 was built in 1972 and has a current tax assessor's market value of $971,111,100.
How many commercial spaces does this building have?This building has 451 commercial spaces available for lease. There are 38 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 |
|---|---|
| Last updated | 04/17/2026 |
| Lot size | 2.94 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 6th Floor | General Office | Listing price not available | 8,696 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 15th Floor | General Office | Listing price not available | 912 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 47th Floor | General Office | Listing price not available | 24,632 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 32nd Floor | General Office | Listing price not available | 12,142 | Anthony J. Cugini, III Jared Silverman Joshua Glick |
| #C130 | Street Retail | Listing price not available | 17,063 | Jason Morrison |
| #C124 | Street Retail | Listing price not available | 10,000 | Jason Morrison |
| #C103 | Street Retail | Listing price not available | 1,221 | Jason Morrison |
| #B | Street Retail | Listing price not available | 7,188 | Jason Morrison |
| #A | Street Retail | Listing price not available | 1,989 | Jason Morrison |
| #B | Street Retail | Listing price not available | 5,405 | Jason Morrison |
| #A | Street Retail | Listing price not available | 3,725 | Jason Morrison |
| 53rd Floor | General Office | Listing price not available | 2,077 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 32nd Floor | General Office | Listing price not available | 8,114 | Anthony J. Cugini, III Jared Silverman Joshua Glick |
| 42nd Floor | General Office | Listing price not available | 12,315 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| #NW0015 | Street Retail | Listing price not available | 7,400 | Jason Morrison |
| #NW0103 | Street Retail | Listing price not available | 6,200 | Jason Morrison |
| #C119 | Street Retail | Listing price not available | 1,993 | Jason Morrison |
| 31st Floor | General Office | Listing price not available | 4,734 | Anthony J. Cugini, III Jared Silverman Joshua Glick |
| 14th Floor | General Office | Listing price not available | 1,367 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 18th Floor | General Office | Listing price not available | 5,537 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 33rd Floor | General Office | Listing price not available | 7,234 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 21st Floor | General Office | Listing price not available | 1,362 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 31st Floor | General Office | Listing price not available | 17,665 | Anthony J. Cugini, III Jared Silverman Joshua Glick |
| 32nd Floor | General Office | Listing price not available | 24,950 | Anthony J. Cugini, III Jared Silverman Joshua Glick |
| 32nd Floor | General Office | Listing price not available | 4,694 | Anthony J. Cugini, III Jared Silverman Joshua Glick |
| 44th Floor | General Office | Listing price not available | 15,437 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 51st Floor | General Office | Listing price not available | 19,004 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| #C140 | Street Retail | Listing price not available | 2,273 | Jason Morrison |
| #R110 | Street Retail | Listing price not available | 3,568 | Jason Morrison |
| 18th Floor | General Office | Listing price not available | 4,104 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 22nd Floor | General Office | Listing price not available | 3,470 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 39th Floor | General Office | Listing price not available | 3,948 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 40th Floor | General Office | Listing price not available | 20,069 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 16th Floor | General Office | Listing price not available | 2,762 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 39th Floor | General Office | Listing price not available | 3,041 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 47th Floor | General Office | Listing price not available | 9,392 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 47th Floor | General Office | Listing price not available | 7,744 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
| 47th Floor | General Office | Listing price not available | 7,496 | Anthony J. Cugini, III Joshua Glick Jared Silverman |
Create a free account to view the complete sales history for 1 Penn Plaza, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for One Penn Plaza - One Penn Plaza - 1 Penn Plaza, New York, NY 10119. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $42,105,250 |
| Estimated property tax: | $43,840,198 |
| Tax assessor's market value: | $971,111,100 |
| Assessed value: | $437,000,000 |
Here's the assessment & property tax history for 1 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 | $971,111,100 | $437,000,000 | $388,138,366 | 10.848% | $42,105,250 | $42,105,250 | -1.76% |
| 2024/25 | $978,139,000 | $440,162,550 | $398,241,751 | 10.762% | $42,858,777 | $42,858,777 | +2.06% |
| 2023/24 | $881,016,000 | $396,457,200 | $396,457,200 | 10.592% | $41,992,747 | $41,992,747 | +11.40% |
| 2022/23 | $786,869,000 | $354,091,050 | $354,091,050 | 10.646% | $37,696,533 | $37,696,533 | +13.02% |
| 2021/22 | $689,188,000 | $310,134,600 | $310,134,600 | 10.755% | $33,354,976 | $33,354,976 | -17.99% |
The complete history of permits filed for 1 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.
Check out recently sold homes in Manhattan and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | 7th Ave & 34th St at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | 1-2-3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | W 34 ST/7 Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M34A+ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.067 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for One Penn Plaza - One Penn Plaza - 1 Penn Plaza, New York, NY 10119.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 761 6th Ave, New York | 3,627 | 10/24/2014 | |
| 223 W 19th St, New York | 24,124 | ||
| 242 W 16th St, New York | 21,643 | 02/12/1997 | |
| 136 1/2 W 15th St, New York | 2,640 | ||
| 725 6th Ave, New York | 6,272 | 08/04/2022 | $10,800,000 |
| 347 W 39th St, New York | 64,147 | 08/25/1980 | |
| 323 W 39th St, New York | 75,774 | ||
| 338 8th Ave, New York | 9,288 | ||
| 217 W 19th St, New York | 50,790 | ||
| 129 W 27th St, New York | 84,745 | 12/10/1987 | |
| 1 Herald Sq, New York | |||
| 498 7th Ave, New York | 803,800 | 01/01/2013 | $15,737,767 |
| 763 6th Ave, New York | 3,720 | 04/12/2001 | |
| 152 W 34th St, New York | 10,100 | 07/10/2008 | |
| 110 W 21st St, New York | |||
| 80 8th Ave, New York | 185,198 | 12/31/2012 | |
| 124 W 18th St, New York | 13,953 | ||
| 388 7th Ave, New York | 2,615 | 09/26/1986 | |
| 214 W 29th St, New York | 125,042 | 06/27/2019 |
