Murray Hill Office Space for Rent
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Murray Hill Office Space Listings
| Class | Address | SF | Monthly Rent | |
|---|---|---|---|---|
| Large Offices for Rent | ||||
| A | Park Avenue & East 33rd Street Floor 9 (full) | 50,000 | $ Negotiable | |
| A | Fifth Avenue & East 30th Street Floor 11 | 19,400 | $ Negotiable | |
| B | Madison Ave & East 32nd Street Floor 10 (full) | 18,400 | $ Negotiable | |
| B | E 34th Street & Fifth Avenue Floor 20 (full) | 16,300 | $ Negotiable | |
| C | E 33rd Street & Madison Avenue Floor 7 (full) | 13,000 | $ Negotiable | |
| C | E 39th Street & Fifth Avenue Floor 8 (full) | 10,100 | $ 31,800 | |
| A | Lexington Ave & East 31st Street Floor 2 (full) | 10,000 | $ 49,000 | |
| B | Madison Ave & East 33rd Street Floor 23 (full) | 8,600 | $ 55,000 | |
| B | E 41st Street & Fifth Avenue Floor 19 (full) | 7,300 | $ 33,600 | |
| C | E 32nd Street & Madison Avenue Floor 10 (full) | 7,300 | $ Negotiable | |
| C | 7,300 | $ 27,200 | ||
| Medium Offices for Rent | ||||
| B | E 34th Street & Tunnel Approach Street Ground floor | 6,900 | $ Negotiable | |
| C | E 32nd Street & Madison Avenue Floor 3 (full) | 5,500 | $ 22,400 | |
| C | E 38th Street & Fifth Avenue Floor 4 (full) | 5,400 | $ Negotiable | |
| B | Park Ave S & East 31st Street Floor 8 (full) | 5,200 | $ Negotiable | |
| B | Madison Ave & East 31st Street Floor 2 (full) | 5,000 | $ 25,200 | |
| C | E 32nd Street & Fifth Avenue Floor 11 (full) | 5,000 | $ Negotiable | |
| A | Park Ave S & East 32nd Street Floor 18 (full) | 4,000 | $ Negotiable | |
| A | Park Ave & East 34th Street Floor 37 | 3,700 | $ 23,000 | |
| A | Park Ave S & East 31st Street Floor 23 | 3,400 | $ 17,000 | |
| C | E 33rd Street & Fifth Avenue Floor 6 (full) | 3,000 | $ 12,400 | |
| B | Madison Ave & East 40th Street Floor 45 (full) | 2,500 | $ 14,200 | |
| Small Offices for Rent | ||||
| C | 2,400 | $ Negotiable | ||
| B | Madison Ave & East 33rd Street Penthouse (full) | 2,200 | $ 14,400 | |
| C | E 31st Street & Madison Avenue Floor 2 (full) | 2,000 | $ 7,800 | |
| B | Madison Ave & East 39th Street Floor 11 | 1,900 | $ 7,800 | |
| A | Fifth Ave & East 36th Street Floor 6 | 1,800 | $ 5,200 | |
| B | 1,800 | $ Negotiable | ||
| B | Fifth Ave & East 32nd Street Floor 4 | 1,500 | $ Negotiable | |
| Class | Address | SF | Monthly Rent | |
|---|---|---|---|---|
| Large Offices for Rent | ||||
| A | Park Ave & East 34th Street Floor 21 (full) | 22,700 | $ Negotiable | |
| B | Madison Ave & East 32nd Street Floor 4 (full) | 20,300 | $ Negotiable | |
| B | E 34th Street & Fifth Avenue Floor 8 (full) | 19,400 | $ Negotiable | |
| A | Park Ave S & East 31st Street Floor 3 (full) | 16,100 | $ Negotiable | |
| C | E 32nd Street & Park Avenue Floor 11 (full) | 7,200 | $ Negotiable | |
| Medium Offices for Rent | ||||
| B | 6,800 | $ Negotiable | ||
| B | Madison Ave & East 33rd Street Floor 15 | 5,800 | $ Negotiable | |
| C | E 32nd Street & Park Avenue Floor 9 | 3,300 | $ Negotiable | |
| A | 3,200 | $ Negotiable | ||
| C | E 32nd Street & Park Avenue Floor 9 | 3,000 | $ Negotiable | |
| Small Offices for Rent | ||||
| A | Park Ave & East 40th Street Floor 23 | 1,800 | $ Negotiable | |
| C | E 32nd Street & Park Avenue Floor 9 | 1,600 | $ Negotiable | |
| Class | Address | SF | Monthly Rent | |
|---|---|---|---|---|
| Large Offices for Rent | ||||
| A | W 57th Street & Avenue of the Americas Plaza District · Floor 16 (full) | 8,500 | $ Negotiable | |
| A | Madison Ave & East 57th Street Plaza District · Floor 18 (full) | 8,400 | $ Negotiable | |
| B | Madison Ave & East 46th Street Grand Central · Floor 14 (full) | 7,200 | $ Negotiable | |
| B | Madison Ave & East 46th Street Grand Central · Floor 10 (full) | 7,200 | $ 47,400 | |
| B | W 27th Street & Avenue of the Americas Chelsea · Floor 11 (full) | 7,100 | $ 18,600 | |
| C | W 30th Street & Fifth Avenue Penn Plaza/Garment · Floor 3 (full) | 7,100 | $ 22,000 | |
| Medium Offices for Rent | ||||
| A | Third Ave & East 58th Street Plaza District · Floor 3 | 2,600 | $ Negotiable | |
| A | Lexington Ave & East 59th Street Plaza District · Floor 15 | 2,500 | $ Negotiable | |
| A | Lexington Ave & East 41st Street Grand Central · Floor 14 | 2,500 | $ 13,800 | |
| B | E 61st Street & Second Avenue Plaza District · Floor 6 | 2,500 | $ 12,600 | |
| B | W 25th Street & Broadway Chelsea · Floor 2 (full) | 2,500 | $ Negotiable | |
| B | W 25th Street & Broadway Chelsea · Floor 8 (full) | 2,500 | $ 13,400 | |
| Small Offices for Rent | ||||
| B | W 57th Street & Avenue of the Americas Plaza District · Floor 9 | 1,600 | $ 9,200 | |
| A | Third Ave & East 58th Street Plaza District · Floor 18 | 1,600 | $ Negotiable | |
| C | E 40th Street & Lexington Avenue Grand Central · Floor 3 | 1,600 | $ Negotiable | |
| A | Third Ave & East 58th Street Plaza District · Floor 18 | 1,600 | $ Negotiable | |
| B | W 57th Street & Avenue of the Americas Columbus Circle · Floor 4 | 1,500 | $ 7,600 | |
Office Tenants Rented / Leased Murray Hill
- Regus leased 36,600 SF at 136 Madison Avenue
- Keller Williams NYC leased 20,000 SF at 99 Park Avenue
- ITV U.S. Holdings leased 31,971 SF at 100 Park Avenue
- McGee Media leased 5,132 SF at 9 East 37th Street
- Nutrafol leased 18,300 SF at 136 Madison Avenue
- ComplySci leased 18,300 SF at 136 Madison Avenue
- Zeta International Holdings leased 23,000 SF at 3 Park Avenue
- WeWork leased 28,500 SF at 185 Madison Avenue
- Grace Communications Foundation leased 13,026 SF at 215 Lexington Avenue
- Human Resources International leased 5,132 SF at 9 East 37th Street
- Green Key Resources leased 18,303 SF at 136 Madison Avenue
- Knotel leased 40,050 SF at 105 Madison Avenue
- Knotel leased 20,000 SF at 72 Madison Avenue
Murray Hill Office Rent Average
| Building Class | Year | $ / SF / Yr |
|---|---|---|
| A | 2019 | 59.0 |
| A | 2020 | 72.0 |
| A | 2022 | 90.0 |
| A | 2023 | 98.0 |
| Building Class | Year | $ / SF / Yr |
|---|---|---|
| B | 2019 | 61.0 |
| B | 2021 | 49.0 |
| B | 2022 | 57.0 |
| B | 2023 | 65.0 |
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
The borders of Murray Hill could be flexible depending on how it is defined. The Murray Hill Neighborhood Association 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, the long-established spice store that reflects the area's South Asian influences. Third Avenue is saturated with casual restaurants and bars that attract young professionals; Madison Avenue has fewer storefronts, with upscale boutiques growing more numerous further north. The many fine dining establishments present, like Café China (Sichuan), 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, 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, with its 1906 McKim Mead & White structure, is the western edge anchor. 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 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 1923 Pershing Square Building at 125 Park Avenue is an example of the early skyscraper era. Religious structures include Church of the Incarnation, on Madison Avenue at East 35th Street. Built in 1864, 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 the East 34th Street ferry landing, with East River ferries 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 (Union Square) 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 corporate offices to the towers along Madison, Park and Third Avenues, and law firms keep offices in the area. Pharmaceutical companies maintain satellite offices nearby NYU Langone. Some diplomatic missions have even located in converted townhouses near UN headquarters and vicinity.