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Murray Hill Retail Space For Lease

Murray Hill

Market Report

Number of Listings For Lease
Posted in the last 180 days
3
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,130

Murray Hill Commercial Real Estate

Find Murray Hill commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Murray Hill commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Compared to the rest of the New York City commercial real estate market, the Murray Hill region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Murray Hill Listing Supply

In the last 180 days, 40 commercial real estate listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 3% of the available commercial real estate leases in the Murray Hill are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 2,130 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built around 1992 and are Class A.

Murray Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Murray Hill occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Murray Hill.
Research