Low Cost Office Spaces Near Penn Station
Low Cost Office Spaces Near Penn Station
Photo by Jenna Day
Low cost office spaces near Penn Station combined with the following attributes, makes this neighborhood an enduring favorite:
- Transportation Access: Over 630,000 commuters pass through Penn Station each day using subways, the Long Island Railroad Amtrak, PATH (one block away) and buses.
- Amenities for Professionals: Access to top-tier dining, hotels, shopping, entertainment, beauty and fitness.
- Office Buildings: The local office market is New York’s largest with spaces for all budgets.
Cogent Realty Advisors is a licensed NO FEE real estate broker that represents companies that lease office space. Contact us for help finding and negotiating your next lease. (212) 509-4049.
Penn Station Office Market Facts
♦ 286 Office buildings
♦ 75.1 Million square feet
♦ $41.86 Average asking rent per square foot
♦ 19.0% Vacancy rate
Map, data and property photos provided by Costar, (NASDAQ: CSGP), the world leader in commercial real estate information, with the most comprehensive database of real estate data throughout the US, Canada and Europe.
Link for Cogent Realty’s Full City Report:
2024 Year-End NYC Office Market Analysis & Insights
Low Cost Office Spaces Near Penn Station
Listed below is a curated selection of office spaces with flexible leasing options. These office and loft buildings vary in quality and services.
- Asks $30
- Between Seventh and Eight Avenues
- New lobby
- 24/7 access. Lobby attendant during weekday hours.
- Tenant-controlled AC
- Stealth Communications and Cogent fiber
Designed by Freepik
Furniture included with this office rental.
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- 2,500 RSF, Landlord will build & furnish. Asks $30
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- 5,000 RSF, Landlord will build & furnish. Asks $30
222 West 37th Street- Asks $38
- Between Seventh and Eight Avenues
- Small lobby with 24/7 access
- Tenant-controlled AC
- Several telecom fiber providers
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- New construction
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- 3,000 RSF Private Floor (furniture not included). Asks $38
- Asks $39
- Between Eight and Ninth Avenues
- 24/7 access. Lobby attendant during weekday hours.
- Tenant-controlled AC
- Several telecom fiber providers
Designed by Freepik
Furniture included with this office rental.
3,500 RSF. Prebuilt includes furniture. Asks $39
- Asks $37
- Located between 37th and 38th Street
- 24/7 access and attended lobby
- Tenant-controlled AC
- Several telecom fiber providers
Designed by Freepik
Furniture included with this office rental.
3,401 RSF. New prebuilt includes furniture. Asks $39
Elite Quality Buildings Near Penn Station
If you need “best-in-class” office space choose the Hudson Yards and Penn Plaza buildings. Link for information:
Finding the Perfect NYC Office Space is a Big Decision
♦ Cogent Realty Advisors is a licensed New York State commercial realtor founded in 2002.
♦ Cogent Realty represents the interests of commercial Tenants that rent office space.
♦ Tenants pay NO FEE when using our service.
♦ Cogent provides objective expertise in finding office space and negotiating lease agreements.
♦ Cogent will secure the optimal office space for you with the best terms and pricing.
For help with your office real estate, contact: Mitchell Waldman: (212) 509-4049
#LowCostOffice Spaces Near Penn Station
