Penn Station sits in the middle of one of the most congested blocks in Manhattan — 31st to 33rd Street between 7th and 8th Avenue — which means parking nearby is both plentiful and expensive. Dozens of garages operate within a few blocks, but walk-up rates can hit $40–$70 for just a couple of hours.
This guide covers the best garages near Penn Station, realistic pricing, how to pre-book through SpotHero and pay significantly less, and when it makes more sense to skip the car entirely.
The Honest Truth About Penn Station Parking
Walk-up garage rates near Penn Station run $35–$70 for 2–3 hours depending on time of day and day of week. Pre-booking through SpotHero typically gets you spots in the same area for $20–$40. If you are dropping someone off or making a quick trip, street meter parking on side streets is possible — but requires patience and timing.
Best Garages Near Penn Station
| Garage | Location | Typical Walk-Up Rate | Notes |
| Icon Parking – W 31st St | Half block from Penn Station | $40–$65 | Closest option — fills fast |
| SP+ – W 30th St | 1 block south | $35–$55 | Good for longer stays |
| Quik Park – W 33rd St | Madison Square Garden side | $40–$60 | Convenient for MSG events |
| MPG – W 28th St | 2 blocks south | $30–$50 | Best walk-up value nearby |
| Edison ParkFast – 8th Ave | At the station block | $45–$70 | Premium location pricing |
Pre-Book Through SpotHero
Pre-booking a garage near Penn Station through SpotHero the day before regularly cuts your cost by 30–50% versus walk-up rates. During peak commute hours, Knicks or Rangers games at MSG, or holiday weekends, garages fill quickly and walk-up prices spike further.
Pre-book parking near Penn Station through SpotHero
Street Parking Near Penn Station
Metered street parking exists on side streets in the 28th–33rd Street corridor but is highly competitive during business hours. Your best bet for street parking:
• 28th–30th Street between 9th and 10th Avenue — fewer meters, less competition
• Arrive before 8am or after 7pm for better availability
• Check the meter limits — most Midtown meters cap at 1–2 hours
• Use the ParkNYC app to pay and extend remotely
Subway Options Into Penn Station
Penn Station is served by the 1/2/3 and A/C/E lines — two of the most heavily used subway corridors in the city. If you are coming from anywhere with subway access, driving to Penn Station is almost never the fastest option.
| Coming From | Subway Line | Travel Time |
| Times Square / 42nd St | 1/2/3 or A/C/E direct | 5 min |
| Upper West Side | 1/2/3 direct | 15–20 min |
| Brooklyn (downtown) | A/C direct | 20–25 min |
| Queens (Jamaica) | A train direct | 35–40 min |
| The Bronx | 1/2/3 direct | 30–40 min |
| Newark, NJ | NJ Transit direct to Penn | 20–30 min |
Madison Square Garden Events: Special Considerations
MSG sits directly on top of Penn Station, which means event nights dramatically change the parking situation in the surrounding blocks. For Knicks games, Rangers games, concerts, or boxing events:
• Pre-book SpotHero at least 3–5 days ahead — nearby garages sell out
• Avoid the immediate MSG block (7th–8th Ave, 31st–33rd St) — prices spike and traffic is severe
• Target garages on 28th–30th Street, 1–2 blocks off 8th Avenue for better rates and easier exit
• Plan for 30–45 minutes of post-event traffic if driving out of the area
Coming By Train? You Can Skip This Entirely
Penn Station is the arrival point for LIRR (Long Island Rail Road) and NJ Transit — two of the highest-volume commuter rail systems in the country. If you are traveling from Long Island or New Jersey, driving to Penn Station and parking is almost always more expensive and slower than taking the train in.
| Origin | Train Option | Approx Cost |
| Long Island | LIRR to Penn Station | $10–$20 each way |
| New Jersey | NJ Transit to Penn Station | $8–$18 each way |
| Connecticut | Metro-North to Grand Central (nearby) | $15–$30 each way |
Quick Reference: Penn Station Parking
| Situation | Best Option |
| Quick drop-off or pickup | Circle on 8th Ave or use 30-min meter on side street |
| 2–3 hour stay | Pre-book SpotHero on W 30th–32nd St |
| All-day parking | Pre-book SpotHero — MPG on W 28th St for best value |
| MSG event night | Pre-book 3–5 days ahead or take the subway |
| Coming from Long Island | LIRR directly to Penn Station — skip parking |
| Coming from New Jersey | NJ Transit directly to Penn Station — skip parking |
| Budget priority | Street meter on 29th–30th St west of 9th Ave |
Penn Station is chaotic by design — it handles more daily passengers than any rail station in North America. The parking situation around it reflects that. Pre-book through SpotHero or arrive by train, and you will skip the worst of it.
Garage rates and availability change by day, time, and season. Always verify current pricing through SpotHero before you go.