brandsquarefoot

240 Madison Avenue

Murray Hill

New York, NY 10016

  • inquire for pricing

Building Details

  • Walk Score®97
  • Noise Index0.82
  • Not what you're looking for?

    Go through our quick office space finder quiz to find the best spaces for your company.

  • Sample Units

    UnitSizePriceInquire
    Small2,500 sqftInquire for pricing
    Medium5,000 sqftInquire for pricing
    Large10,000 sqftInquire for pricing
    Whole Floor20,000 sqftInquire for pricing
    • 0.02 mi☕️Moonstruck
    • 0.04 mi🥘Cafe China
    • 0.07 mi🍺The Shakespeare
    • 0.08 mi🥘Salute
    • 0.09 mi🍺The Ginger Man
    • 0.09 mi☕️Starbucks Coffee
    • 0.09 mi🍺Silverleaf Tavern
    • 0.12 mi☕️Starbucks Coffee
    • 0.14 mi🍺Park Avenue Tavern
    • 0.14 mi🥘The Heavenly Burger
    • 0.15 mi🍺Blaggards Pub
    • 0.15 mi☕️Starbucks
    • 0.15 mi🥘The Australian
    • 0.16 mi☕️Starbucks Coffee
    • 0.17 mi🥘Franchia
    • 0.18 mi🥘Madison & Vine
    • 0.18 mi🥘Grand Central Place
    • 0.18 mi☕️FIKA 34th Street
    • 0.19 mi🥘Pera
    • 0.2 mi☕️Andaz
    • 0.2 mi🥘House of Lasagne
    • 0.2 mi🥘Scotty's Dinner
    • 0.21 mi☕️Central Cafe
    • 0.22 mi☕️Cafe Metro
    • 0.22 mi🚌New York Airport Service
    • 0.23 mi🥘Hyo Dong Gak
    • 0.23 mi🍺Heartland Brewery
    • 0.23 mi🥘Pershing Square
    • 0.23 mi☕️Starbucks
    • 0.23 mi☕️Starbucks Coffee
    • 0.24 mi🥘Bryant Park Grill
    • 0.24 mi☕️Cafe Metro
    • 0.24 mi☕️Starbucks Coffee
    • 0.24 mi🍺Rattle n Hum
    • 0.24 mi🍺EVR NYC
    • 0.25 mi☕️Mangia Organic
    • 0.25 mi🥘Salvation Taco
    • 0.25 mi☕️Gregory's Coffee
    • 0.25 mi🚇633rd Street
    • 0.25 mi🍺POD 39 Rooftop
    • 0.26 mi🥘Izakaya Mew
    • 0.26 mi☕️FIKA Grand Central
    • 0.26 mi☕️Starbucks
    • 0.26 mi🌲Sniffen Court Historic District
    • 0.26 mi🥘Bon Chon Chicken
    • 0.26 mi🚇S456742nd Street-Grand Central
    • 0.26 mi🥘Keens Steakhouse
    • 0.27 mi🥘Prêt à manger
    • 0.27 mi🚇75th Avenue
    • 0.27 mi🥘Cho Dang Gol
    • 0.28 mi🥘El Rio Grande
    • 0.28 mi🥘Duke's
    • 0.28 mi☕️Le Pain Quotidien
    • 0.28 mi🍺Foley's
    • 0.28 mi🥘Kyo Chon Chicken
    • 0.29 mi☕️Delecctica
    • 0.29 mi🥘Murry Hill Diner
    • 0.29 mi🥘Ichiumi Japanese Buffet
    • 0.29 mi☕️Cofeed
    • 0.29 mi🥘ViV
    • 0.3 mi☕️Starbucks
    • 0.3 mi☕️Southwest Porch
    • 0.3 mi☕️Starbucks Coffee
    • 0.3 mi☕️Java Detour
    • 0.31 mi🥘LA Fonda Del Sol
    • 0.31 mi🍺Jack Demsey's
    • 0.31 mi🥘Urban Space
    • 0.32 mi☕️Starbucks Coffee
    • 0.32 mi🥘Bareburger
    • 0.32 mi🥘Her Name is Han
    • 0.32 mi🥘Take31
    • 0.32 mi🥘New WonJo
    • 0.32 mi🥘Woorijip
    • 0.32 mi🥘La Tarte Flambée
    • 0.33 mi☕️Le Pain Quotidien
    • 0.33 mi💪Throwback Fitness
    • 0.33 mi🥘Chipotle
    • 0.33 mi🥘Sinigual
    • 0.33 mi🍺ted's
    • 0.33 mi🚗Central Parking
    • 0.34 mi🥘Cosi
    • 0.34 mi🥘Le Parisien
    • 0.34 mi🍺Joshua Tree
    • 0.34 mi🥘Nomado
    • 0.34 mi🥘Juice
    • 0.34 mi🥘Nana Sushi
    • 0.34 mi🥘Bella Napoli
    • 0.34 mi🥘Cask
    • 0.34 mi🥘Hana Michi
    • 0.34 mi☕️Breads bakery
    • 0.34 mi☕️Waffels and dinges
    • 0.34 mi🥘Minar
    • 0.35 mi🚇BDFMNQRW34th Street-Herald Square
    • 0.35 mi🥘Seoul Garden
    • 0.35 mi🥘2nd Ave Deli
    • 0.35 mi🥘Marcony
    • 0.35 mi☕️Lenny's
    • 0.35 mi🥘Kang Suh Restaurant
    • 0.35 mi☕️Intelligentsia
    • 0.36 mi☕️Market Cafe
    • 0.36 mi☕️The Beer Bar Cafe Centro
    • 0.36 mi🚇BDFM42nd Street - Bryant Park
    • 0.36 mi🥘Dunkin' Donuts
    • 0.36 mi🥘Blockheads
    • 0.36 mi☕️Starbucks
    • 0.36 mi🥘ammos estiatorio
    • 0.36 mi🍺Flying Cock
    • 0.36 mi🥘Fresh Mexican Grill
    • 0.37 mi🥘Spicy Simphony
    • 0.37 mi🥘Roti
    • 0.37 mi🥘Mexicue
    • 0.37 mi🥘Così
    • 0.37 mi🥘Ethos
    • 0.37 mi☕️europa cafe
    • 0.37 mi🚗Hippodrome Parking
    • 0.37 mi☕️Cafe Delectica
    • 0.37 mi🍺Mercury Bar
    • 0.37 mi🥘Crooked Knife
    • 0.37 mi🥘Ravagh Persian Grill
    • 0.37 mi🥘Babylon
    • 0.37 mi🥘Chopt
    • 0.37 mi☕️Starbucks Coffee
    • 0.37 mi🥘Wine:30
    • 0.37 mi🥘Gaonnuri
    • 0.38 mi🥘Pio Pio
    • 0.38 mi☕️Le Pain Quotidien
    • 0.38 mi🥘Talent
    • 0.38 mi☕️Naples 45
    • 0.38 mi🥘Brother Jimmy's BBQ
    • 0.38 mi☕️Starbucks Coffee
    • 0.38 mi🥘Galata
    • 0.38 mi☕️FIKA Bryant Park
    • 0.38 mi🥘Vezzo
    • 0.39 mi☕️Cosi
    • 0.39 mi🍺Vander Bar
    • 0.39 mi🍺Forty Four
    • 0.39 mi🚗Hippodrome Parking
    • 0.39 mi🥘California Pizza Kitchen
    • 0.39 mi🥘Heartland Brewery
    • 0.4 mi🍺The Wheeltapper Pub
    • 0.4 mi☕️Starbucks Coffee
    • 0.4 mi☕️FreeFoods
    • 0.4 mi☕️Aroma Espresso Bar
    • 0.4 mi☕️Gregory Coffee
    • 0.4 mi🥘Phoenix Garden
    • 0.4 mi🥘Osteria Laguna
    • 0.41 mi☕️Starbucks Coffee
    • 0.41 mi🚇PATH33rd Street
    • 0.41 mi☕️Pret a Manger
    • 0.41 mi🥘Belvedere
    • 0.41 mi🍺Mad 46
    • 0.42 mi🥘Ootoya
    • 0.42 mi🍺O'Reilly's Pub
    • 0.42 mi🚇NQRW42nd Street - Times Square
    • 0.42 mi🥘Wolfgang's Steakhouse
    • 0.42 mi🥘44th Street Minar
    • 0.42 mi🥘Lallisse
    • 0.42 mi🍺Tavern29
    • 0.42 mi☕️Macchiato Espresso Bar
    • 0.42 mi☕️Subway
    • 0.43 mi☕️Dunkin' Donuts
    • 0.43 mi🍺O'Reileys
    • 0.43 mi🥘Fresh & Co
    • 0.43 mi🥘Milleseme
    • 0.43 mi🥘Gemini Diner
    • 0.43 mi🥘Luke's Lobster
    • 0.43 mi🥘Bobby Van's Steakhouse - Park Ave
    • 0.43 mi☕️Penelope
    • 0.44 mi🥘Notaro
    • 0.44 mi☕️Chalait
    • 0.44 mi🥘EONS Greek Food for Life
    • 0.44 mi☕️Starbucks
    • 0.44 mi🥘Baby Bo's Cantina
    • 0.44 mi☕️Starbucks
    • 0.44 mi🥘Hummus Kitchen
    • 0.44 mi🥘Ruay
    • 0.45 mi☕️Cafe R
    • 0.45 mi🥘Vino Tapa
    • 0.45 mi🥘Bierhaus
    • 0.45 mi🥘Moonstruck
    • 0.45 mi☕️Cafe Bene
    • 0.45 mi🍺BXL Cafe
    • 0.46 mi🥘Emporium Brasil Restaurant
    • 0.46 mi🥘Les Halles
    • 0.46 mi☕️Andrews Coffee Shop
    • 0.46 mi🥘Ben & Jack's Steakhouse
    • 0.46 mi🥘The Breslin
    • 0.47 mi☕️Dunkin' Donuts
    • 0.47 mi🥘L & W Oyster Company
    • 0.47 mi🍺John Doe Bar & Kitchen
    • 0.47 mi🥘John Dory Oyster Bar

    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 Hill’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.

    Similar Office Spaces

    Nearby

    SquareFoot does not represent the building. Pricing is estimated based on market averages. Information is deemed reliable but not guaranteed.