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240 East 39th Street

Paramount Tower Apartments

New York, NY 10016

  • inquire for pricing

Building Details

  • Floors42
  • Height567
  • ArchitectCostas Kondylis & Partners LLP Architects
  • Walk Scoreยฎ98
  • Noise Index0.82
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  • Sample Units

    UnitSizePriceInquire
    Small2,500 sqftInquire for pricing
    Medium5,000 sqftInquire for pricing
    Large10,000 sqftInquire for pricing
    Whole Floor20,000 sqftInquire for pricing
    • 0.05 mi๐Ÿฅ˜Phoenix Garden
    • 0.06 miโ˜•๏ธDunkin' Donuts
    • 0.09 miโ˜•๏ธDelecctica
    • 0.09 miโ˜•๏ธJava Detour
    • 0.11 miโ˜•๏ธLe Pain Quotidien
    • 0.12 mi๐Ÿฅ˜El Rio Grande
    • 0.13 mi๐ŸบPOD 39 Rooftop
    • 0.13 mi๐Ÿฅ˜Duke's
    • 0.13 mi๐Ÿš—Icon Parking
    • 0.13 mi๐Ÿฅ˜Salvation Taco
    • 0.14 miโ˜•๏ธStarbucks
    • 0.14 mi๐Ÿฅ˜Sinigual
    • 0.17 miโ˜•๏ธPret a Manger
    • 0.17 mi๐Ÿฅ˜Osteria Laguna
    • 0.17 miโ˜•๏ธAroma Espresso Bar
    • 0.18 mi๐ŸบMc Fadden's
    • 0.18 mi๐Ÿฅ˜House of Lasagne
    • 0.18 mi๐Ÿฅ˜Scotty's Dinner
    • 0.18 mi๐Ÿฅ˜Calico Jack's Cantina
    • 0.2 mi๐ŸŒฒTudor City Historic District
    • 0.21 miโ˜•๏ธCafe Metro
    • 0.21 miโ˜•๏ธChelsea Bagel
    • 0.21 mi๐Ÿฅ˜Gemini Diner
    • 0.21 mi๐Ÿบted's
    • 0.21 miโ˜•๏ธFIKA Grand Central
    • 0.22 mi๐Ÿฅ˜Notaro
    • 0.22 mi๐Ÿฅ˜Luke's Lobster
    • 0.22 mi๐ŸŒฒSniffen Court Historic District
    • 0.22 mi๐Ÿฅ˜EONS Greek Food for Life
    • 0.22 mi๐Ÿฅ˜Chopt
    • 0.23 mi๐Ÿฅ˜Roti
    • 0.23 mi๐ŸบJoshua Tree
    • 0.23 mi๐Ÿฅ˜Baby Bo's Cantina
    • 0.24 mi๐Ÿฅ˜Nana Sushi
    • 0.24 mi๐Ÿฅ˜Ruay
    • 0.24 mi๐Ÿฅ˜Bareburger
    • 0.25 mi๐Ÿฅ˜Sushi Time
    • 0.25 mi๐Ÿฅ˜Alcala
    • 0.25 mi๐Ÿฅ˜John's
    • 0.25 mi๐ŸŒฒRobert Moses Playground
    • 0.25 mi๐ŸบPark Avenue Tavern
    • 0.26 miโ˜•๏ธMarket Cafe
    • 0.26 mi๐Ÿฅ˜44th Street Minar
    • 0.26 mi๐Ÿฅ˜Galata
    • 0.26 mi๐Ÿฅ˜Talent
    • 0.26 mi๐Ÿฅ˜Pio Pio
    • 0.26 mi๐Ÿฅ˜Babylon
    • 0.27 miโ˜•๏ธEl Parador Cafรฉ
    • 0.27 miโ˜•๏ธStarbucks Coffee
    • 0.27 mi๐Ÿš‡S456742nd Street-Grand Central
    • 0.28 mi๐Ÿฅ˜Blockheads
    • 0.28 miโ˜•๏ธCafe Olympia
    • 0.28 mi๐ŸบFlying Cock
    • 0.28 miโ˜•๏ธMacchiato Espresso Bar
    • 0.28 mi๐Ÿฅ˜Ethos
    • 0.29 miโ˜•๏ธStarbucks Coffee
    • 0.29 mi๐ŸบSilverleaf Tavern
    • 0.29 mi๐ŸšŒNew York Airport Service
    • 0.29 mi๐ŸบMercury Bar
    • 0.29 miโ˜•๏ธStarbucks Coffee
    • 0.29 mi๐Ÿฅ˜The Palm Restaurant
    • 0.3 mi๐Ÿฅ˜ViV
    • 0.3 mi๐Ÿฅ˜Comfort Diner
    • 0.3 mi๐Ÿฅ˜Bierhaus
    • 0.3 mi๐ŸบKeats
    • 0.3 mi๐Ÿฅ˜Grand Central Place
    • 0.3 mi๐ŸบThe Wheeltapper Pub
    • 0.3 miโ˜•๏ธDunkin' Donuts
    • 0.3 mi๐Ÿฅ˜Pershing Square
    • 0.31 mi๐Ÿฅ˜Cask
    • 0.31 mi๐Ÿฅ˜Nomado
    • 0.31 mi๐Ÿฅ˜Le Parisien
    • 0.31 miโ˜•๏ธCentral Cafe
    • 0.32 mi๐ŸบThe Perfect Pint
    • 0.32 mi๐Ÿฅ˜Gourmet 45
    • 0.32 mi๐Ÿฅ˜La Tarte Flambรฉe
    • 0.32 miโ˜•๏ธPennylane Coffee
    • 0.32 miโ˜•๏ธStarbucks Coffee
    • 0.32 mi๐Ÿฅ˜Shih Lee's Chinese Eastery
    • 0.33 mi๐Ÿฅ˜2nd Ave Deli
    • 0.33 mi๐Ÿฅ˜Juice
    • 0.34 mi๐ŸบThe Shakespeare
    • 0.34 mi๐Ÿฅ˜Murry Hill Diner
    • 0.35 miโ˜•๏ธStarbucks
    • 0.35 mi๐Ÿฅ˜Sparks Steak House
    • 0.36 miโ˜•๏ธStarbucks
    • 0.36 mi๐Ÿฅ˜Franchia
    • 0.36 mi๐Ÿฅ˜Hill and Bay
    • 0.36 mi๐Ÿฅ˜Aretsky's Patroon
    • 0.37 mi๐Ÿฅ˜The Heavenly Burger
    • 0.37 mi๐Ÿฅ˜Ali Baba's Terrace
    • 0.37 mi๐Ÿฅ˜Darbar
    • 0.37 miโ˜•๏ธFIKA 34th Street
    • 0.37 miโ˜•๏ธStarbucks Coffee
    • 0.37 mi๐Ÿฅ˜Udon West
    • 0.37 mi๐Ÿฅ˜Curry and Tandoor
    • 0.37 mi๐Ÿฅ˜Madison & Vine
    • 0.37 mi๐Ÿฅ˜LA Fonda Del Sol
    • 0.38 mi๐Ÿฅ˜Pera
    • 0.38 mi๐Ÿฅ˜Salute
    • 0.38 miโ˜•๏ธMoonstruck
    • 0.39 mi๐Ÿฅ˜Marchi's
    • 0.39 miโ˜•๏ธNaples 45
    • 0.39 miโ˜•๏ธUN Visitors Cafรฉ
    • 0.39 mi๐Ÿฅ˜Vino Tapa
    • 0.4 mi๐Ÿš‡633rd Street
    • 0.41 miโ˜•๏ธThe Beer Bar Cafe Centro
    • 0.41 mi๐Ÿฅ˜Moonstruck
    • 0.41 miโ˜•๏ธStarbucks Coffee
    • 0.41 mi๐Ÿฅ˜Marcony
    • 0.41 mi๐Ÿฅ˜Cafe China
    • 0.42 mi๐Ÿฅ˜Urban Space
    • 0.42 mi๐Ÿฅ˜Brother Jimmy's BBQ
    • 0.42 mi๐Ÿฅ˜Hummus Kitchen
    • 0.42 miโ˜•๏ธGregory's Coffee
    • 0.43 mi๐Ÿฅ˜Spicy Simphony
    • 0.43 miโ˜•๏ธStarbucks Coffee
    • 0.43 miโ˜•๏ธStarbucks
    • 0.43 mi๐Ÿฅ˜Preฬ‚t aฬ€ manger
    • 0.43 mi๐Ÿฅ˜ammos estiatorio
    • 0.44 mi๐Ÿฅ˜Bobby Van's Steakhouse - Park Ave
    • 0.44 miโ˜•๏ธFinancier
    • 0.44 mi๐ŸบThe Ginger Man
    • 0.44 mi๐Ÿฅ˜Vezzo
    • 0.44 mi๐Ÿฅ˜Banc
    • 0.44 miโ˜•๏ธStarbucks Coffee
    • 0.45 miโ˜•๏ธCafe Metro
    • 0.45 mi๐ŸบVander Bar
    • 0.45 mi๐Ÿฅ˜Cosรฌ
    • 0.46 mi๐ŸบWaterfront Ale House
    • 0.46 mi๐Ÿฅ˜Belvedere
    • 0.46 mi๐Ÿฅ˜Kurry Pavilion
    • 0.46 mi๐Ÿฅ˜Cosi
    • 0.47 mi๐Ÿฅ˜Lallisse

    Neighborhood

    Murray Hill

    Murray Hill is an under-the-radar, down-to-earth district in Midtown that over the last couple decades has become the go-to neighborhood for post-grads seeking affordable rent and convenient access to transportation around Manhattan. The side streets are lined with rows of brownstones and landmark buildings, while newer residential buildings have risen between First and Third Avenue.

    With the surplus of salons, fitness studios, and spas that thrive off the young population, Murray Hill could be an ideal location for any company looking to attract young employees or customers. Startups and small companies seeking Midtown East office space will find the lower prices of Murray Hill very attractive.

    SquareFoot's NYC Market Report

    Murray Hill Office Space | Lease Data & Trends

    Despite increasing costs as more residential development occurs and demand for the area increases, Murray Hill remains very affordable. Commercial tenants pay an average price-per-square-foot of around $59 for all classes and $64 for Class A buildings, compared to the Midtown averages of $79 and $87.

    Murray Hillโ€™s has more than 14 million square feet in commercial real estate inventory with a vacancy rate of 7.2%, the second lowest in Midtown.

     

    What Brokers Say About Murray Hill Office Space for Rent

    Murray Hill has immediate access to a hiring pool of hard-working talent due to its steady population of young professionals. With Grand Central Station within walking distance, Murray Hill is also an ideal location for companies with employees around the city and in the northern suburbs.

    The proximity of the United Nations Headquarters has led to many embassies, consulates, and permanent missions to the U.N. settling within Murray Hill, often located within the historic mansions to the west of Third Avenue. Companies with global or international interests should consider office space in Murray Hill if being near to the U.N. Headquarters is a priority.

    Murray Hill also attracts a variety of medical and financial service organizations. Non-profits are prevalent in the area as well and benefit from the lower rent for office space. A few notable tenants include Morgan Stanley, HSN, Manhattan Wellness Group, MedXwaste, L3 Technologies, Sumitomo Corporation, Pajama Program, Misys, and Honest Mail.

    Getting Around Murray Hill

    Murray Hill is the 19th most walkable neighborhood in New York City according to Walk Score, and many residents walk to work. The district is decent for biking, with the East Side bike path along the river, protected bike lanes on First and Second Avenues, and a handful of CitiBike stations.

    Grand Central Terminal resides at the northwest corner of Murray Hill, and services the area with the Metro-North Railroad, subway lines 4, 5, 6, 7, and S, and multiple bus lines. The N and W trains are only a few blocks west.

    Drivers will find it easy (as easy as driving in Manhattan can be) to access the Queens-Midtown Tunnel and Queensboro Bridge to Long Island City, and commuters also have access to the East 34th Street ferry stop.

    Nearby districts include Gramercy, Flatiron, NoMad, Plaza District, Park Avenue, Fifth-Madison, and the Upper East Side.

    Murray Hill Neighborhood & History

    Named after an 18th century family of Quaker merchants, Murray Hill was once considered Uptown Manhattan and its rows of brownstones and mansions were filled with wealthy and upper-middle-class families. Murray Hill still possesses old New York City charm from that era, now with more lively and youthful energy.

    Locals and daytime workers enjoy the affordable dining and bar scene Murray Hill has to offer. Favorite spots include Sons of Thunder, Gingerman, Bareburger, and Cask Bar & Kitchen. Our team recommends exploring Curry Hill, a cluster of highly rated Indian restaurants including Dhaba, Muglahi Indian Cuisine, Darbar, and Deli Galli.
     

    NYC Skyline Brownstones in Murray HillLooking Up at Buildings in Murray Hill

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