Murray Hill Retail Space for Rent
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Murray Hill Retail Space Listings
| Class | Address | SF | Monthly Rent |
|---|---|---|---|
| B | Fifth Ave & East 36th Street Ground floor (full) | 16,800 | $ Negotiable |
| B | E 34th Street & Fifth Avenue Ground floor (full) | 13,500 | $ Negotiable |
| B | E 32nd Street & Lexington Avenue Mezzanine (full) | 9,400 | $ 36,000 |
| A | Fifth Avenue & East 30th Street Ground floor | 7,700 | $ Negotiable |
| C | E 33rd Street & Madison Avenue Ground floor | 7,500 | $ 45,200 |
| C | Fifth Ave & East 32nd Street Floor 1 | 5,100 | $ Negotiable |
| A | Park Ave S & East 32nd Street Mezzanine | 3,400 | $ Negotiable |
| C | Fifth Ave & East 36th Street Floor 3 | 2,800 | $ 10,000 |
| C | E 38th Street & Fifth Avenue Mezzanine | 2,600 | $ Negotiable |
| A | E 34th Street & Third Avenue Ground floor | 2,000 | $ 28,000 |
| A | Park Ave & East 34th Street Mezzanine | 2,000 | $ 13,400 |
| C | E 33rd Street & Madison Avenue Lower level | 1,800 | $ Negotiable |
| B | Second Ave & East 33rd Street Ground floor | 1,700 | $ Negotiable |
| B | Madison Ave & East 33rd Street Ground floor | 1,500 | $ Negotiable |
| C | E 33rd Street & Madison Avenue Mezzanine | 1,400 | $ Negotiable |
| A | E 39th Street & First Avenue Basement | 1,400 | $ 8,600 |
| A | E 39th Street & First Avenue Ground floor | 1,400 | $ 8,600 |
| A | Madison Ave & East 32nd Street Ground floor | 1,100 | $ Negotiable |
| Class | Address | SF | Monthly Rent |
|---|---|---|---|
| B | 4,700 | $ Negotiable | |
| A | Park Ave S & East 32nd Street Lower level | 2,800 | $ Negotiable |
| A | Park Ave S & East 32nd Street Mezzanine | 900 | $ Negotiable |
| Class | Address | SF | Monthly Rent |
|---|---|---|---|
| B | E 59th Street & Second Avenue Plaza District · Floor 5 | 2,000 | $ Negotiable |
| B | W 33rd Street & Fifth Avenue Penn Plaza/Garment · Floor 7 | 2,000 | $ 7,000 |
| B | Avenue of the Americas & West 31st Street Penn Plaza/Garment · Ground floor | 2,000 | $ Negotiable |
| C | W 37th Street & Sixth Avenue Penn Plaza/Garment · Floor 1 | 2,000 | $ 6,600 |
| A | W 33rd Street & Eighth Avenue Chelsea · Floor 1 | 1,300 | $ Negotiable |
| C | Eighth Ave & West 39th Street Penn Plaza/Garment · Ground floor | 1,100 | $ Negotiable |
| B | W 36th Street & Eighth Avenue Garment District · Mezzanine (full) | 1,000 | $ 6,200 |
| C | Eighth Ave & West 39th Street Penn Plaza/Garment · Ground floor | 1,000 | $ Negotiable |
| C | W 37th Street & Sixth Avenue Penn Plaza/Garment · Basement (full) | 1,000 | $ 3,200 |
| B | W 36th Street & Eighth Avenue Garment District · Mezzanine (full) | 1,000 | $ 6,200 |
| C | Eighth Ave & West 39th Street Penn Plaza/Garment · Ground floor | 1,000 | $ Negotiable |
| A | Madison Ave & East 49th Street Plaza District · Ground floor | 900 | $ Negotiable |
| B | E 58th Street & Third Avenue Midtown East · Floor 1 | 900 | $ 7,400 |
| C | W 37th Street & Sixth Avenue Penn Plaza/Garment · Mezzanine (full) | 800 | $ 2,600 |
Retail Tenants Rented / Leased Murray Hill
- Atto leased 8,000 SF at 120 East 39th Street
- Van Leeuwen Artisan Ice Cream leased 500 SF at 432 Third Avenue
- Community Preservation Corp leased 29,400 SF at 220 East 42nd Street
- Hole in the Wall leased 1,795 SF at 626 First Avenue
- Dill and Parsley leased 1,800 SF at 295 Madison Avenue
- Kuni's Corporation leased 2,000 SF at 295 Madison Avenue
- North Shore Poke leased 1,350 SF at 122 East 42nd Street
- R & M Food Services, Inc. leased 600 SF at 158 East 39th Street
- Starbucks leased 1,800 SF at 605 Third Avenue
- Grand Central Taco leased 711 SF at 711 Second Avenue
- New York Doctors Walk-In Urgent Care Center leased 2,717 SF at 205 Lexington Ave
- Ricky's leased 5,000 SF at 417 Fifth Ave
- Citibank leased 15,000 SF at 411 Fifth Ave
- Designer Bargain Store leased 5,800 SF at 417 Fifth Ave
Why Optimal Spaces Tenant Broker
- Lease negotiation: full terms, renewals, expansion options
- Cost analysis, inventory identification, negotiating scope
- Risk mitigation against hidden pitfalls
Cost Savings
- Negotiate 30+ leasing points to prevent hidden costs
- Save 10–15% on total leasing costs
- Save 100–200 hours filtering unviable spaces
- Property access via broker databases and networks (off-market, subleases, future availability)
Alone or With Other Brokers
- Managing agents owe a fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
- Inherent conflict of interest as most brokers represent landlords
- Risk of weaker terms and overlooked hidden costs
- Heavy workload falls on you while best spaces are missed
About Murray Hill
Geographic Boundaries
Murray Hill in Manhattan lacks formal municipal boundaries, but common definitions anchor it within midtown's east side. The Murray Hill Neighborhood Association defines its service area as Fifth Avenue to the East River between 26th and 42nd Streets, aligning with ZIP code 10016. Conflicting designations include the Landmarks Preservation Commission's 34th-40th Streets between Fifth and Third Avenues, while City Planning maps push western limits to Madison Avenue and eastern to Second Avenue. Community Board 6 resolves this ambiguity by recognizing 34th-40th Streets between Madison Avenue and the East River, explicitly excluding Tudor City north of 40th Street.
Businesses and Retail Landscape
Lexington and Third Avenues form Murray Hill's commercial spine, with national chains like Duane Reade coexisting beside specialty shops. Curry Hill (28th-30th Streets near Lexington) anchors South Asian commerce through grocers like Patel Brothers and restaurants such as Dhaba. Upscale dining clusters near Park Avenue. The neighborhood's residential character supports bespoke services - from 34th Street's flower shops to boutique fitness studios along Second Avenue.
Historical Attractions
The 2002-designated Murray Hill Historic District preserves late 19th-century rowhouses between 35th-38th Streets. Morgan Library & Museum at Madison/36th occupies J.P. Morgan's 1906 library, while the 1860s Sniffen Court - a cobblestoned mews off 36th Street - survives as carriage house conversions. The Art Deco Daily News Building on East 42nd Street, though technically in Turtle Bay, marks Murray Hill's northern edge with its iconic globe lobby.
Architectural Profile
Prewar dominates south of 38th Street through brownstones and Beaux-Arts mansions. Postwar construction appears northward with 1960s high-rises. Adaptive reuse projects include converted industrial lofts near Kips Bay's medical corridors, while recent years saw new luxury condos.
Transportation Infrastructure
Grand Central Terminal's eastward reach puts most Murray Hill addresses within a 15-minute walk of subway lines 4/5/6/7/S at 42nd Street. Crosstown M34-SBS buses connect to Hudson Yards, while M15-SBS runs north-south along First and Second Avenues. CitiBike docks cluster near transit hubs, and East River ferries stop at 34th Street's FDR Drive pier.
Adjacent ZIP Codes
Murray Hill's 10016 central code borders 10010 (Gramercy) to the south and 10017 (Turtle Bay) to the north.
Corporate Presence
Financial firms dominate Park Avenue's canyon between 34th-40th Streets. Technology companies prefer converted office stock near Grand Central, while non-profits cluster near UN missions east of Third Avenue.
Retail Buildings in Murray Hill
✔ We represent only Tenants.
✔ We bid landlords against each other to save you 10-15%.
✔ Weed out bad spaces saving you 100-200 hours.
