Rent Office Murray Hill

Expert Tenant Broker "No Fee"
We represent you, not the landlord

Loading map..
  • Direct Rent Office Murray Hill Direct
  • Sublease Rent Office Murray Hill Sublease
  • Coworking Rent Office Murray Hill coworking

Rent Office Murray Hill

Class Address SF Monthly Rent
Large Offices for Rent
A
Madison Ave & East 35th Street
51,200
$ Negotiable
B
Fifth Ave & East 36th Street
28,100
$ Negotiable
C
E 33rd Street & Madison Avenue
14,800
$ Negotiable
A
Lexington Ave & East 31st Street
11,800
$ 59,400
C
Madison Ave & East 30th Street
11,000
$ 49,000
B
Madison Ave & East 33rd Street
10,000
$ 62,400
Medium Offices for Rent
B
E 34th Street & Tunnel Approach Street
6,900
$ Negotiable
A
Park Ave & East 34th Street
6,300
$ Negotiable
C
E 31st Street & Madison Avenue
5,900
$ Negotiable
B
Madison Ave & East 33rd Street
4,600
$ 30,000
A
Park Ave & East 34th Street
3,700
$ 23,600
C
E 33rd Street & Fifth Avenue
3,000
$ 14,400
Small Offices for Rent
A
Fifth Ave & East 36th Street
2,400
$ 10,200
C
E 33rd Street & Madison Avenue
2,400
$ Negotiable
A
Park Ave S & East 31st Street
2,200
$ Negotiable
B
Madison Ave & East 33rd Street
2,200
$ 14,200
B
Fifth Ave & East 32nd Street
2,200
$ Negotiable
C
E 31st Street & Madison Avenue
2,000
$ 7,800
Class Address SF Monthly Rent
Large Offices for Rent
A
Madison Ave & East 35th Street
51,200
$ Negotiable
B
Fifth Ave & East 36th Street
27,400
$ Negotiable
C
Madison Ave & East 30th Street
13,800
$ 61,400
C
E 33rd Street & Madison Avenue
13,000
$ Negotiable
B
Madison Ave & East 33rd Street
10,900
$ 68,400
A
Lexington Ave & East 31st Street
10,000
$ 50,000
Medium Offices for Rent
B
E 38th Street & Fifth Avenue
6,900
$ Negotiable
A
Park Ave & East 39th Street
6,200
$ Negotiable
C
E 33rd Street & Madison Avenue
5,800
$ Negotiable
B
Madison Ave & East 33rd Street
4,600
$ 29,800
A
Park Ave & East 34th Street
4,000
$ 25,600
C
E 33rd Street & Fifth Avenue
3,000
$ 13,000
Small Offices for Rent
B
Madison Ave & East 33rd Street
2,300
$ 11,000
C
E 31st Street & Madison Avenue
2,200
$ Negotiable
A
Lexington Ave & East 31st Street
2,200
$ Negotiable
C
E 31st Street & Madison Avenue
2,000
$ 7,800
A
Fifth Ave & East 36th Street
1,800
$ 5,000
B
Madison Ave & East 40th Street
1,800
$ Negotiable
Rent Coworking Office
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2012 $ 1250 $ 750
Interior office/person $ 1262 $ 750 $ 500
Team Rooms $ 10012 $ 8000 $ 5000
Suites $ 20012 $ 12000 $ 7000
Class Address SF Monthly Rent
Large Offices for Rent
A
Avenue of the Americas & West 51st Street
106,000
$ Negotiable
B
Third Ave & East 44th Street
49,700
$ Negotiable
C
Tenth Ave & West 79th Street
37,900
$ Negotiable
B
Vanderbilt Ave & East 44th Street
11,200
$ 75,600
C
Fifth Ave & East 42nd Street
9,200
$ 64,600
A
Bryant Park & Avenue of America
8,700
$ 71,600
Medium Offices for Rent
B
Park Ave S & East 26th Street
7,000
$ Negotiable
A
Avenue of the Americas & West 51th Street
7,000
$ Negotiable
C
E 59th Street & 2nd Avenue
6,500
$ Negotiable
C
Fifth Ave & East 42nd Street
6,000
$ 42,400
A
W 56th Street & 6th Avenue
3,800
$ 31,000
B
E 59th Street & Second Avenue
3,200
$ 24,800
Small Offices for Rent
A
E 45th Street & Lexington Avenue
2,500
$ Negotiable
B
Madison Ave & East 41st Avenue
2,500
$ Negotiable
C
W 42nd Street & 8th Avenue
2,500
$ Negotiable
A
Park Ave & East 56th Street
1,900
$ 15,400
C
Broadway & East 21st Street
1,800
$ 11,000
B
Madison Ave & East 41st Avenue
1,500
$ 10,200
Office Tenants Rented / Leased Murray Hill

Murray Hill Office Rent Average

Building Class Year $ / SF
A 2019 59.0
A 2020 72.0
A 2022 90.0
A 2023 98.0
Building Class Year $ / SF
B 2019 61.0
B 2020 203.0
B 2021 49.0
B 2022 57.0
B 2023 65.0
Year $ / SF Building Class

Murray Hill


Geographic Boundaries

The borders of Murray Hill could be flexible depending on how it is defined. The Murray Hill Neighborhood Association and the 10016 zip code's governing body, defines its borders as any area from 26th Street to 42nd Street, located between Fifth Avenue to the East River. But there are city agencies that define it much more narrowly than that: the NYC Landmarks Preservation Commission identifies Murray Hill as between 34th and 40th street between Fifth and Third Avenue; the City Planning Department also identifies Murray Hill between 34th and 40th street but includes Madison to Second Avenues. Community Board 6 identifies Murray Hill specifically between 34th and 40th streets, leaving out Tudor City, as between Madison and the East River.

Business and Retail Landscape

Murray Hill is a balance between residential tranquility and commercial vibrancy. Lexington Avenue is a retail spine lined with pharmacies, bodegas, and specialty shops like Kalustyan’s old spice store (Kalustyan’s is old, the spice store is new and much reflects the area's South Asian influences). Third Avenue is saturated with casual restaurants and bars that attract young professionals; Madison Avenue has the store fronts for the posh boutiques located and travelling northbound (fewer stores, but you can witness capitalism at work). The many fine dining establishments present, like The Smith (New American) and Café China (Sichuan with a Michelin Star), have counterparts in newly opened establishments combining modern Korean or artisanal pasta offerings.

Historical Attractions

The neighborhood's 19th-century past as a privileged enclave remains intact through the preserved brownstones and landmark blocks. Since it was designated as the Murray Hill Historic District in 1974, the historic district between 35th-38th Streets is an example of the Greek Revival and Italianate row houses built between the 1840-1860s. The Pierpont Morgan Library at 225 Madison Avenue is the western edge anchor although it is technically nomad with the 1906 McKim Mead & White structure. The old factories along the eastern avenues now provide creative office space as an example of the area's heritage of adaptive reuse.

Architectural Profile

Pre-war construction is drastically emphasized at this area, with Beaux-Arts apartment buildings, the Carnegie Hill Tower, 1929 lining Madison Avenue. Equally dominated by recent residences are post-war mid-rises looming over the East River and glass-clad, luxury development creeping in from Grand Central Station. The neo-Gothic style of the 1913 Pershing Square Building at 125 Park Avenue incorporates the topography of the early skyscraper. Religious structures include Church of the Epiphany, on East 35th Street. Built in 1866, it features Tiffany stained glass and classic Gothic Revival touches.

Transportation Networks

The 4/5/6/7/S subway lines and Metro-North rail access are available at the Grand Central Terminal at 42nd Street. Stations at the perimeter of the neighborhood are 42nd Street-Bryant Park (B/D/F/M), 28th Street (6), and 33rd Street (6 train). First and Second Avenues are crossed by M15 and M34 SBS buses, and Citi Bike stations are widely spaced close to residential areas. The eastern fringe is served by three East River ferry stops that connect to Greenpoint and Long Island City.

Adjacent Zip Codes

The 10016 area of Murray Hill is bordered by 10010 (Gramercy to the south), 10017 (Tudor City north of 40th Street), and 10022 (Midtown East around 53rd Street). While 10009 (East Village) and 10003 (Lower East Side) border areas south of 23rd Street, which some broader definitions include, the 10001 (Chelsea) and 10018 (Garment District) codes are located west of Fifth Avenue .

Corporate Presence

Location to Grand Central draws companies such as Sumitomo Corporation (finance) at 600 Third Avenue and Fujifilm Holdings (imaging technology) at 395 Hudson Street. Law firms are often around the 40th Street courts, with regional offices of White & Case and Freshfields, among others. Pharmaceutical companies maintain satellite offices nearby NYU Langone. Some diplomatic missions from over 30 countries have even located in converted townhouses near UN headquarters and vicinity.


🤝
Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
⚖️
Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
🗂️
Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
🐷
Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
  • 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.

join our mailing list

Thank you! we will be in touch.
Please enter a valid email address is required. Your email is required to be at least 3 characters That is not a valid email. Please input a valid email. Your email cannot be longer than 20 characters
Please enter a valid email address is required.