Rent Apartment 242-246 Madison Avenue

242-246 Madison Ave nyc
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Rent 242-246 Madison Ave

Rent 242-246 Madison Ave Property Overview

Bulding Address: 242-246 Madison Ave, New York NY 10016
Building Name: Murray Hill Plaza
Zip Code:10016
Neighborhood:Bryant Park
Borough:Manhattan
Stories:0
Year Built:1916
Building Class:B


242-246 Madison Avenue, located in the heart of Manhattan's Murray Hill neighborhood, is home to the historic Murray Hill Plaza. This building, situated at the southwest corner of Madison Avenue and East 38th Street, reflects a momentous period in New York City's architectural and commercial development.

Originally built in 1930, the structure reflects the era's architectural styles and has since been integrated into the vibrant fabric of the neighborhood. The building has housed various businesses over the years, including the corner store at 244 Madison Avenue, which was formerly occupied by the Moonstruck Restaurant for nearly two decades.

The area itself is steeped in history, with significant cultural and commercial developments contributing to its evolution. The building's construction during the early 20th century aligns with a broader period of urban growth in New York City.

Today, 242-246 Madison Avenue remains a significant landmark in the Murray Hill neighborhood, offering a glimpse into the city's rich past while continuing to play a role in its contemporary landscape.

242-246 Madison Ave, Manhattan, NYC

Address: 242-246 Madison Ave, New York, NY 10016

Building Details

  • Common Names: Murray Hill Plaza
  • Property Type: Cooperative/Multifamily
  • Built: 1916-1930 (sources vary)
  • Size: 142,836 sqft total
  • Units: 180 apartments
  • Features: Hi-rise with doorman, roof terrace, elevator, laundry
  • Neighborhood: Bryant Park/Murray Hill area
  • Notable Retail: Former Moonstruck Restaurant space (2,500-8,500 sqft available)

Key Characteristics

  • Structure: Cooperative building with retail at street level
  • Zillow Data: $279/sqft price estimate (residential)
  • Rent: ~$3,825/mo (Zestimate)
  • Class: B office space classification

Building Amenities at 242-246 Madison Ave:
  • 24-hour Doorman
  • Controlled Access
  • Laundry Facilities
  • Property Manager on Site
  • Rooftop Terrace
  • Elevator
  • Maintenance on Site
  • Public Transportation Nearby

242-246 Madison Ave, Manhattan, NYC

Office Tenants Rented / Leased

The property at 242-246 Madison Avenue is a high-rise multifamily cooperative building totaling approximately 142,836 square feet. It includes 180 units and offers various amenities such as 24-hour access, controlled access, laundry facilities, a doorman, elevator service, on-site property management, and public transportation connectivity.

The corner retail space at 244 Madison Avenue, formerly occupied by Moonstruck Restaurant for 17 years, is fully built out with venting and a storage mezzanine suited for food preparation, located at the southwest corner of Madison and 38th Street.

The building serves primarily as a cooperative residential property but also leases retail spaces at street level with features suitable for restaurant or retail tenants.


Internet Providers at 242-246 Madison Ave, Manhattan

  • Verizon Fios: High-speed fiber starting at 300 Mbps

Additional options likely include cable providers like Spectrum or Astound Broadband powered by RCN. Contact local providers for service availability and plans.

242-246 Madison Avenue in Manhattan, NYC, offers convenient access to several transportation options. It is near key cross streets and public transit hubs, including:

  • Subway Lines: 4, 5, 6, 7, and the 42 St Shuttle.
  • Nearest Subway Stops: 33 Street (4, 6 Line), Grand Central-42 St, and 5 Avenue-Bryant Park (7 Line).
  • Bus Routes: BM2, M42, M55, QM34, QM40, QM42, X27, X28, X37, X38.
  • Proximity to Major Stations: Grand Central Terminal and its related branches.

The area is highly walkable and bikeable, providing easy access to various parts of Manhattan.

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About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.
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