Frank James, 62, was named a person of interest and then a suspect in the incident that injured 29 people, 10 of whom were shot, around 8:30 a.m., the outlet said citing the NYPD.
James rented a U-Haul van from Philadelphia, which was later linked to the shooting, the outlet said.
Authorities were called to the 36th Street station in Sunset Park where the D, N, and R lines pass through, where they found victim after victim. The source of a smoke condition initially reported as an explosive device was also under investigation.
"Several undetonated devices" were found at the scene by arriving firefighters, The Guardian reports.
A video published by @NY_Actions on Twitter apparently captures the Wednesday afternoon arrest in Manhattan's East Village neighborhood.
The NYPD is expected to hold a press conference Wednesday afternoon.
Click here for more from the NY Post.
Click here to follow Daily Voice Edison and receive free news updates.