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Rent/Lease Apartment 245 E 40th St

$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 40
2,000
$ 6,583
Address $ / SF SF Monthly Rent
E 34th St & Fifth Avenue $ 29
21,800
$ 52,683
Address $ / SF SF Monthly Rent
E 37th St & Fifth Avenue $ 43
5,100
$ 18,275
Park Ave S & East 31st Street $ 52
4,800
$ 21,000
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 39
5,900
$ 19,175
Address $ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person
Interior office/person
Team Rooms
Suites

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Lexington Ave & East 31st Street $ 59
11,800
$ 58,016
Address $ / SF SF Monthly Rent
Park Ave S & East 31st Street $ 64
3,000
$ 16,000
Fifth Ave & East 36th Street $ 32
4,400
$ 11,916
Park Ave & East 34th Street $ 75
4,000
$ 25,000
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 52
2,400
$ 10,400
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 59
8,400
$ 41,300
Madison Ave & East 37th Street $ 50
7,400
$ 31,141
E 38th St & Fifth Avenue $ 36
7,400
$ 21,891
Lexington Ave & East 33rd Street $ 46
8,300
$ 31,816
Fifth Ave & East 32nd Street $ 51
8,000
$ 34,000
Fifth Ave & East 36th Street $ 42
7,800
$ 27,300
Madison Ave & East 31st Street $ 54
15,000
$ 66,875
Park Ave S & East 31st Street $ 50
7,600
$ 31,350
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 78
4,600
$ 30,091
Madison Ave & East 37th Street $ 55
5,000
$ 22,916
E 38th St & Fifth Avenue $ 38
5,200
$ 16,250
Madison Ave & East 34th Street $ 54
4,200
$ 18,900
Madison Ave & East 31st Street $ 62
5,000
$ 26,041
Madison Ave & East 35th Street $ 42
2,600
$ 9,208
Fifth Ave & East 32nd Street $ 59
4,000
$ 19,666
Lexington Ave & East 33rd Street $ 48
3,100
$ 12,270
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 79
2,200
$ 14,483
Madison Ave & East 37th Street $ 55
2,400
$ 11,000
Madison Ave & East 35th Street $ 42
1,800
$ 6,375
Fifth Ave & East 36th Street $ 38
1,800
$ 5,700
Address $ / SF SF Monthly Rent
E 31st St & Madison Avenue $ 45
7,300
$ 27,375
E 33rd St & Madison Avenue $ 47
8,200
$ 32,116
Address $ / SF SF Monthly Rent
E 38th St & Fifth Avenue $ 37
5,400
$ 16,650
E 33rd St & Fifth Avenue $ 58
3,000
$ 14,500
E 31st St & Madison Avenue $ 44
4,400
$ 16,316
Fifth Ave & East 36th Street $ 42
2,800
$ 9,683
E 32nd St & Between East 32nd Street $ 50
5,500
$ 23,145
E 33rd St & Madison Avenue $ 50
4,100
$ 16,912
Address $ / SF SF Monthly Rent
E 31st St & Madison Avenue $ 48
2,000
$ 8,000

Retail Spaces for Rent at 245 E 40th St

Rent Medical Space at 245 E 40th St

Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • Gerling America Insurance Co. leased 14,853 SF at 100 Park Ave
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
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 245 E 40th St. This trend is projected to continue. Opportunities for subleases remain available at 245 E 40th St and in the nearby Murray Hill neighborhood.
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245 E 40th St Property Overview

Building Address: 245 E 40th St, New York NY 10017
Building Name: Murray Hill Tower Apartments
Zip Code:10017
Neighborhood:Murray Hill
Borough:Manhattan
Stories:0
Year Built:1974
Building Class:B

245 East 40th Street, known as Murray Hill Tower, is a residential skyscraper located in the Murray Hill neighborhood of Manhattan, New York City. The building was completed in 1972 and stands 36 stories tall. It features a total of approximately 270 to 276 rental units. The structure is classified as an elevator apartment building with fireproof construction and includes retail spaces on the lower floors.

Murray Hill Tower occupies a lot measuring about 22,178 square feet and encompasses roughly 387,761 square feet of building space. It is situated near Park Avenue and the East River, making it a prominent fixture in midtown Manhattan. The building's design and construction reflect the architectural trends of the early 1970s in New York City, contributing to the residential density of the Murray Hill area.

Since its completion, Murray Hill Tower has been a significant rental property within the neighborhood, combining residential living with urban proximity. The building remains an important residential address in Manhattan, representing mid-20th century high-rise apartment development in the city.

245 East 40th Street

Murray Hill Tower

36-story residential building built in 1972

Located in Midtown Manhattan near Park Avenue and the East River

Features

  • Parquet floors & granite countertops
  • Energy-efficient stainless steel appliances
  • Furnished options available (some units)
  • Doorman & elevator service
  • Fitness center & roof terrace
  • Laundry facilities & kitchen appliances

Location Highlights

  • 5 minutes from Grand Central Station
  • Proximity to Bryant Park and NY Public Library
  • Murray Hill neighborhood with active nightlife
  • Near multiple schools and cultural destinations

Murray Hill Tower offers a range of amenities to enhance resident comfort and convenience:

  • Services and Facilities
    • Concierge
    • Doorman
    • Elevator
    • Parking Garage
    • Live-in Super
  • Wellness and Recreation
    • Gym
    • Hot Tub
    • Sauna
    • Swimming Pool
  • Social Spaces
    • Clubroom/Party Room
    • Catering Kitchen

Murray Hill Tower, located at 245 E 40th St, Manhattan, NYC, is a 36-story rental building completed in 1972. It features 276 residential units.

The building offers various amenities, including doorman service, elevators, a fitness center, laundry facilities, and a roof terrace.

Residents benefit from its prime location in midtown Manhattan, near Park Avenue and the East River, making it an attractive choice for both professionals and families.

The neighborhood is vibrant, with access to cultural destinations like the New York Public Library and Bryant Park, and convenience to Grand Central Station.


Internet providers available at 245 E 40th St, Manhattan, NYC, include:

1. Verizon: Known for its Fios service providing fast, reliable fiber-optic speeds, though availability can vary by location.

2. Spectrum: Offers cable and some fiber connections with speeds up to 1 Gbps.

3. Optimum: Provides cable and fiber connections with speeds ranging up to 8 Gbps.

4. AT&T Wireless: Available for mobile and potentially fixed wireless solutions.


Murray Hill Tower Apartments at 245 E 40th St, Manhattan, NYC, is strategically located for easy access to major transportation hubs.

  • Subway: Grand Central-42 Street is just 0.3 miles away.
  • Commuter Rail: Nearby access to multiple lines.
  • Airports: LaGuardia (8.3 miles), Newark Liberty International (15.1 miles).

Cross streets are 2nd Avenue and 3rd Avenue, offering a range of dining and shopping options.

Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • Gerling America Insurance Co. leased 14,853 SF at 100 Park Ave
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St

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 Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • Gerling America Insurance Co. leased 14,853 SF at 100 Park Ave
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
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

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Why Optimal Spaces –
Tenant Broker

✓
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  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

✕
  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.

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