BREAKING NEWS - 'Possible pipe bomb explodes' at New York's Port Authority: Suspect 'wearing wires' is taken into custody after blast near Times Square prompts evacuation of major Manhattan transport hub (19 Pics)

An ISIS-inspired Bangladeshi national set off an homemade explosive device at the Port Authority Bus Terminal subway station Monday morning, law enforcement sources said.

There are reports of a possible terror attack in New York City

The suspected bomber – a 27-year-old who lived in Brooklyn – had wires attached to him and was armed with a five-inch metal pipe bomb and battery pack as he walked through the Manhattan transit hub, sources said.

The man partially detonated the device, which he was carrying in the right side of his jacket, prematurely inside the passageway to the A, C, and E trains at 8th Avenue and W. 42ndStreet at around 7:40 a.m., sources said.

Police took the man into custody.

Firefighters at 42nd Street and 8th Avenue on Monday morning after an explosion in the Port Authority bus terminal transit tunnel 

Former NYPD Commissioner Bill Bratton told MSNBC’s “Morning Joe” that the man was inspired by ISIS and originally from Bangladesh.

There was at least one injury and the wounded was the suspect. The man, who was seriously injured, was taken to Bellevue Hospital.

Investigators briefly spoke to the man, who told them he made the explosive device at the electrical company where he works.

Emergency personnel flooded the scene following the incident.

An NYPD police officer stands in front of gathered fire fighters outside the Port Authority terminal as commuters walk around them 

Mayor de Blasio has been briefed on the incident.

The incident sent commuters into a frenzy.

“holy f–k. just was stuck in a running stampede at port authority bus terminal due to bomb scare. cops EVERYWHERE,” designer Chelsea LaSalle tweeted.

LaSalle followed up her tweet with another that read: “not a scare. actual explosion moments before i was about to get on the subway.”

Commuter Keith Woodfin tweeted: “I was exiting the Port Authority and the National Guard was running towards something shouting ‘Go, Go, Go.’”

All MTA trains were bypassing Port Authority-42 St. as police investigated the incident.

All New Jersey Transit buses were not stopping at Port Authority.

Panicked commuters piled on to escalators to get out of the station after the explosion which occurred just after 7.30am

An explosion was felt in the Subway station underneath the Port Authority bus terminal Monday morning 

Police have taken one man into custody who was wearing a device on him. So far the suspect is the only reported injury 

Dozens of fire fighters flocked to the explosion site. They were matched in numbers by NYPD officers 

Commuters were still rushing out of the station at shortly after 8am. The explosion was reported at 7.30am 

This was the chaotic scene at the Port Authority bus station on Monday morning as commuters fled the explosion 

The Port Authority bus terminal is a major transit hub in Midtown Manhattan 

Dozens of ambulances were on the scene but its unclear if there were more casualties 

The scene on Monday morning as NYPD officers and fire fighters continued to work at the scene 

Commuters carried on amid the chaos which unfolded in one of Manhattan's busiest spots for tourists and residents alike 

Port Authority Police were also on hand in addition to NYPD officers. They ushered commuters out of the building 

Commuters marched out onto 8th Avenue shortly after 8am. They came off buses which were already on their way when the explosion occurred 

There was a variety of NYPD vehicles at the scene shortly after the explosion

In the tunnel which runs between the bus terminal and Penn Station, there was chaos and confusion 

There were few commuters at Penn Station after the incident. Trains are now bypassing Times Square and Port Authority while investigators continue to work at the scene 

Above, a look at the Port Authority Bus terminal in March