Murray Hill Retail For Lease

Murray Hill Retail Spaces For Rent

Address	$ / SF	SF	Monthly Rent
Park Ave S & West 30th Street	$ 141	1,300	$ 15,200
E 34th Street & First Avenue	$ 58	1,300	$ 6,200
Lexington Ave & East 35th Street	$ 101	1,600	$ 13,400
Madison Ave & East 33rd Street	$ 166	2,100	$ 29,000
Lexington Ave & Lexington Avenue	$ 141	2,200	$ 25,800
Second Ave & 2nd Avenue	$ 113	2,500	$ 23,400

Address	$ / SF	SF	Monthly Rent
Second Ave & East 34th Street	$ 116	1,000	$ 9,600
Fifth Ave & East 33rd Street	$ 65	1,900	$ 10,200

	Luxury - Top Buildings
	Medium – Good Buildings
	Economy Loft buildings

10-20 People	$/Person
Luxury- Top Building	$1,700
Medium – Good Buildings	$1,300
Economy Loft buildings	$ 700

Luxury - Top Buildings

21-50 People	$/Person
Luxury- Top Building	$1,600
Medium – Good Buildings	$1,150
Economy Loft buildings	$ 650

Medium – Good Buildings

51-100 People	$/Person
Luxury- Top Building	$ 1,500
Medium – Good Buildings	$ 950
Economy Loft buildings	$ 600

Economy Loft buildings

retail Tenants Rented / Leased Murray Hill

Dunkin Donuts leased 1,825 SF at 10 Park Avenue
Starbucks leased 1,626 SF at 373 Fifth Avenue
Love leased 9,000 SF at 319 Fifth Avenue
PTO5 leased 2,378 SF at 10 East 33rd Street
Equinox leased 60,000 SF at 1 Park Avenue
Lena's Italian Kitchen leased 1,100 SF at 551 Second Avenue
Sons of Thunder leased 2,800 SF at 204 East 38th St

Murray Hill

Neighborhood Summary

Boundaries for Murray Hill

Lease retail Murray Hill, which is located in Midtown Manhattan and is bound by 1st Avenue to Madison Avenue from 34th Street to 42nd Street.

Retail Trends in Murray Hill

For those looking to rent retail Murray Hill or lease retail Murray Hill the market trends for Murray Hill are as follows. Murray Hill is not so synonymous with its commercial real estate as it is with its residential real estate. In other words, Murray Hill is residential real estate oriented, not so much commercial real estate oriented. Due to the nature of the area, most retail is mixed, with some catering to the office buildings within the area, whilst others cater to the residential traffic present. Residential foot traffic has the benefit of increasing the sales cycle retailers can operate on. Murray Hill displays a wide variety of retail.

Retail Spaces Available

Affordable retail space in Murray Hill includes the following locations and prices. Third Avenue & East 31st Street, offering 1,400 square feet of retail space for $16,566 per month. Park Avenue South & East 31st Street, offering 2,500 square feet of retail space for $41,666 per month. Additional Murray Hill Retail Space for lease includes the following, Fifth Avenue & East 36th Street offering 2,500 square feet of retail space, with an asking for $41,666 per month.

History of Murray Hill

With the construction of the U.N. headquarters in New York City’s Murray Hill neighborhood, the ambiance of the district was altered into a more commercial vibe. Although Murray Hill used to host the City’s wealthy and distinguished, with the Morgan Museum and Library, J.P. Morgan’s former residence, standing as a testament to an earlier era, the neighborhood today continues to shift towards an equal residential and commercial atmosphere.

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