131 W 33rd St, New York, NY, Class B Office Building

131 W 33rd St, New York, NY, 10001

Cross Streets are: 6th Avenue and 7th Avenue

17 Story Class B Office Building, Multiple Floors Available, Low Price!

131 West 33rd Street presents an exciting new opportunity for business owners seeking to invest in their own space while avoiding the rising costs of leasing in Manhattan. This office condominium offers the potential for capital appreciation, greater control, and the freedom to manage your own property, all within one of the city’s most vibrant and rapidly developing business districts.

Located in the heart of Penn Plaza, an area poised for significant redevelopment and transformation into a 24/7 commercial hub, this 16-story office tower spans approximately 208,805 rentable square feet.

Built in 1960, the property is ideally positioned on the north side of West 33rd Street, between Sixth and Seventh Avenues, just steps away from Penn Station and offering easy access to multiple subway lines, including the A, C, E, 1, 2, and 3 trains.

The building is currently home to a diverse mix of showroom, office, and retail tenants, making it a well-established location for businesses of all types.

2024 Penn Station office space average rent asking price in Class A and B  buildings is: $40-90 per square foot.

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Property Details

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• Some space are fully built out with furniture
• Some space just open floors
• Total floors: 17
• Total Building Size: 183,052 SF
• Typical Floor Size: 10,768 SF
• Multiple spaces are available on different floors
• Sizes from 6,333 – 13,983 SF up to 30,382 SF
• This building’s approximate rent prices range from $35.00 – 36.00
• Floors from: 16th to 17th
• Year Built: 1960

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Building Amenities

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• Air Conditioning
• Bus Line
• Commuter Rail
• Metro/Subway
• Security System

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Notable tenants at this location

• New York State Nurses Association
• Riskval Financial Solutions
• A.G. Consulting Engineer
• The New York Immigration Coalition
• Richard Chiu Cpa Pc
• Up and Away Travel
• Stout NYC
• Drug Policy Alliance
• Olympiad Academia
• Manhattan Rhinestone
• Hemophilia Association of NY, Inc.
• Feile

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Transportation in Penn Station

Pennsylvania Station is also recognized as  Penn Station,  centrally located interborough railroad station in New York City. Daily nearby trains are serving more than 500,000 workers per weekday. An interesting fact is that this magnificent hub of trains named for the Pennsylvania Railroad, original tenant, and Its builder, Penn Station serves several subway lines such as the Long Island Railroad, New Jersey Transit, and the A, C, E, 1, 2 lines.

Eighth Avenue Line

blue

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Broadway–Seventh Avenue Line

red

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New York City Bus. If an alternative way to move from one point to another is need than MTA Regional Bus Operations buses are the choice near Penn Station, such as M7, M20, M34, M34A, and Q32. Some historical facts show that this area has 21 tracks fed by seven tunnels (the two North River Tunnels, the four East River Tunnels, and the single Empire Connection tunnel). The rail line here connects New York City with Boston, Philadelphia, Washington, D.C., and intermediate points.