The space offers a modern and flexible layout with high ceilings and abundant natural light . It is positioned to capture the immense daily foot traffic generated by the adjacent Penn Station, which serves over 650,000 commuters daily, and Madison Square Garden, which hosts over 4 million visitors annually . This is an ideal location for a showroom, boutique fitness concept, professional office, or retail brand looking to maximize visibility and customer volume.
Key Features
- Asking Rent: $60,000 / month
- Available Space: 1,761 SF
- Property Type: Ground-Floor Retail / Commercial Space
- Lease Type: Direct Lease
- Building Class: Class A
- Year Built/Renovated: 1923 / 1991
- Building Size: 1,150,000 SF
- Unfinished Ceiling Height: 15 ft
- Layout: Open, flexible footprint suitable for a wide variety of retail and commercial concepts
- Condition: Well-maintained; available for tenant fit-out
- Frontage: Prime street-level presence with excellent visibility on a high-traffic corridor
- Neighborhood Highlights: Located steps from Penn Station and Madison Square Garden, at the crossroads of Midtown’s busiest commercial and transportation hub
Neighborhood Highlights
11 Penn Plaza is situated at the gateway to Manhattan’s most densely trafficked transit and entertainment hubs. With Penn Station (650,000 daily commuters) and Madison Square Garden (4 million annual attendees) just steps away, your business is guaranteed exposure to a massive, diverse audience . The building’s proximity to major landmarks such as the Empire State Building, Macy’s Herald Square, and the dynamic Hudson Yards neighborhood ensures consistent pedestrian traffic from tourists, professionals, and residents .
The immediate area offers a vibrant ecosystem of restaurants, hotels, and retail, supporting a 24/7 economy. The property is located on Seventh Avenue between West 31st and 32nd Streets .
Transportation is unparalleled, with direct access to the 1, 2, 3, A, C, E, and Long Island Rail Road (LIRR) trains at Penn Station . This provides seamless connectivity across Manhattan, the boroughs, and the region.
Summary
This 1,761 SF retail space at 11 Penn Plaza offers an exceptional opportunity to establish a high-profile presence in one of New York City’s most dynamic and heavily trafficked locations. With its prestigious Class A building setting, prime visibility, and unrivaled access to transportation and foot traffic, this property represents a compelling opportunity for a brand, retailer, or concept seeking to thrive in the heart of Midtown Manhattan.
