345 Seventh Avenue
Make your mark in the Penn District
The office condominiums at 345 Seventh Avenue offer a unique opportunity to invest and secure your permanent office space in New York’s dramatically transforming epicenter. The building straddles two of the city’s most renowned neighborhoods, Chelsea and the Penn District, allowing you to get in early on an area poised for significant upside.
The Penn District is undergoing a $45 billion transformation led by developers Vornado and Tishman Speyer. The efforts will create one of the most dramatic changes to the Midtown skyline in decades. In coming years, the Penn District will become a city within the city with nearly 7.5 million square feet of office, retail and residential space.
Anchored by Penn Station, 345 Seventh Avenue is only two blocks from this vital transportation hub. With 14 subway lines and four regional train lines just steps from your office, city and suburban dwellers alike will benefit from shorter commutes in the city’s most transit-accessible neighborhood.
South of 345 Seventh Avenue lies Chelsea, a vibrant area known for its luxury high-rises, hotels, trendy attractions, art galleries and upscale restaurants. Chelsea attracts creative office space users in the fashion, tech, media, art, and retail sectors.
Many leading tech companies – Facebook, Apple and Amazon – have already committed to the Penn District. Whether a tech company or a nonprofit, a healthcare provider or an apparel company, now is an exceptional opportunity to secure a permanent commercial space in New York City’s next new epicenter.
345 Seventh Avenue is a major presence on Seventh Avenue and is amongst the thriving Penn District and adjacent to Chelsea. The iconic 25-story office condominium building features high ceilings and oversized windows on all four sides of the building, providing abundant natural light. The 186,000 rentable square foot (RSF) building offers large contiguous blocks of over 100,000 RSF, with full floors averaging 8,000 RSF.