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Rent/Lease Apartment 242-246 Madison Ave
Class B 10016 Buildings Bryant Park
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Nearby Sublease office Spaces for Rent
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Nearby office Spaces for Rent
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| Fifth Ave & East 38th Street | $ 43 | 3,800 |
$ 13,616 |
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Retail Spaces for Rent at 242-246 Madison Ave
Rent Retail 242-246 Madison Ave
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| $ 24 | 6,000 |
$ 12,000 |
Rent Medical Space at 242-246 Madison Ave
Nearby Retail Tenants Leased
- Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
- La Mar leased 9,000 SF at 11 Madison Ave
- Burger & Lobster leased 8,900 SF at 1 Bryant Park
- New York Kids Club leased 4,000 SF at 11 Fifth Avenue
- 10 Downing leased 3,400 SF at 10 Downing St
- Clean Table leased 2,000 SF at 101 Seventh Avenue
- Sweetgreen leased 2,000 SF at 10 Hudson Yards
- Choza Taqueria leased 1,000 SF at 100 Park Ave
- The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
- Simit and Smith leased 400 SF at 11 Waverly Pl
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 242-246 Madison Ave. This trend is projected to continue. Opportunities for subleases remain available at 242-246 Madison Ave and in the nearby Bryant Park neighborhood.
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242-246 Madison Ave Property Overview
| Building 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.
Nearby Retail Tenants Leased
- Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
- La Mar leased 9,000 SF at 11 Madison Ave
- Burger & Lobster leased 8,900 SF at 1 Bryant Park
- New York Kids Club leased 4,000 SF at 11 Fifth Avenue
- 10 Downing leased 3,400 SF at 10 Downing St
- Clean Table leased 2,000 SF at 101 Seventh Avenue
- Sweetgreen leased 2,000 SF at 10 Hudson Yards
- Choza Taqueria leased 1,000 SF at 100 Park Ave
- The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
- Simit and Smith leased 400 SF at 11 Waverly Pl
Nearby Retail Tenants Leased
- Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
- La Mar leased 9,000 SF at 11 Madison Ave
- Burger & Lobster leased 8,900 SF at 1 Bryant Park
- New York Kids Club leased 4,000 SF at 11 Fifth Avenue
- 10 Downing leased 3,400 SF at 10 Downing St
- Clean Table leased 2,000 SF at 101 Seventh Avenue
- Sweetgreen leased 2,000 SF at 10 Hudson Yards
- Choza Taqueria leased 1,000 SF at 100 Park Ave
- The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
- Simit and Smith leased 400 SF at 11 Waverly Pl
Brightwater Fund LLC Testimonial
Dear Mr. Sunderland:
Thank you for the outstanding service you gave to us as we searched for office space. Through your efforts, you found us a location and facility that is virtually an exact fit for our needs. You helped us with the lease negotiations and were able to procure the space at a very attractive price. In short, you got us a great deal!
You went above and beyond the call of duty in working with us until we moved in. You were always accessible and prepared to help us in every way.
We would highly recommend you to our other friends and colleagues in their search for best available/best fitting space for their needs.
Very truly yours,
Donald Krueger
Chief Financial Officer.
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