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383 5th Avenue

Murray Hill

New York, NY 10016

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Building Details

  • Walk Score®100
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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
    • 0.03 mi☕️Starbucks
    • 0.05 mi🍺The Ginger Man
    • 0.08 mi☕️Starbucks Coffee
    • 0.09 mi🥘Cafe China
    • 0.1 mi🥘Hyo Dong Gak
    • 0.11 mi🍺Heartland Brewery
    • 0.11 mi☕️Starbucks Coffee
    • 0.12 mi🍺Blaggards Pub
    • 0.12 mi🥘The Australian
    • 0.13 mi☕️Moonstruck
    • 0.14 mi🥘Izakaya Mew
    • 0.15 mi☕️Starbucks
    • 0.15 mi🍺Rattle n Hum
    • 0.15 mi🥘Cho Dang Gol
    • 0.15 mi🍺Foley's
    • 0.16 mi🥘Bon Chon Chicken
    • 0.16 mi🥘Keens Steakhouse
    • 0.18 mi🥘Kyo Chon Chicken
    • 0.18 mi🍺Jack Demsey's
    • 0.19 mi🥘Franchia
    • 0.19 mi🥘Salute
    • 0.19 mi☕️FIKA 34th Street
    • 0.2 mi🥘New WonJo
    • 0.2 mi🥘Ichiumi Japanese Buffet
    • 0.2 mi🍺The Shakespeare
    • 0.2 mi🥘Woorijip
    • 0.2 mi🚗Central Parking
    • 0.21 mi🍺EVR NYC
    • 0.22 mi🍺Silverleaf Tavern
    • 0.22 mi🚇BDFMNQRW34th Street-Herald Square
    • 0.22 mi🥘Hana Michi
    • 0.22 mi🥘Seoul Garden
    • 0.22 mi☕️Mangia Organic
    • 0.22 mi☕️Gregory's Coffee
    • 0.22 mi💪Throwback Fitness
    • 0.22 mi🥘Kang Suh Restaurant
    • 0.23 mi🥘Minar
    • 0.23 mi🥘Take31
    • 0.23 mi🥘Her Name is Han
    • 0.24 mi🚇633rd Street
    • 0.24 mi🥘Prêt à manger
    • 0.24 mi🥘Gaonnuri
    • 0.25 mi☕️Intelligentsia
    • 0.25 mi☕️Starbucks Coffee
    • 0.25 mi🥘The Heavenly Burger
    • 0.26 mi🥘Bryant Park Grill
    • 0.26 mi☕️Le Pain Quotidien
    • 0.26 mi🥘Bella Napoli
    • 0.27 mi☕️Starbucks Coffee
    • 0.27 mi🍺Park Avenue Tavern
    • 0.27 mi☕️Andaz
    • 0.28 mi🚇PATH33rd Street
    • 0.28 mi☕️Cofeed
    • 0.28 mi🥘Ravagh Persian Grill
    • 0.29 mi🍺O'Reilly's Pub
    • 0.29 mi☕️Southwest Porch
    • 0.29 mi🥘Chipotle
    • 0.29 mi🥘Madison & Vine
    • 0.3 mi☕️Cafe Delectica
    • 0.3 mi🍺O'Reileys
    • 0.3 mi🥘Pera
    • 0.3 mi☕️Cafe Metro
    • 0.3 mi🥘Cosi
    • 0.3 mi🥘Crooked Knife
    • 0.3 mi☕️Starbucks
    • 0.31 mi🥘Murry Hill Diner
    • 0.31 mi🥘Grand Central Place
    • 0.31 mi🚇75th Avenue
    • 0.31 mi☕️Chalait
    • 0.31 mi☕️Cafe R
    • 0.32 mi🥘Wine:30
    • 0.32 mi☕️Lenny's
    • 0.32 mi🥘Fresh Mexican Grill
    • 0.32 mi🥘Dunkin' Donuts
    • 0.33 mi☕️Le Pain Quotidien
    • 0.33 mi🥘House of Lasagne
    • 0.33 mi🥘Scotty's Dinner
    • 0.33 mi🥘ViV
    • 0.33 mi☕️Starbucks
    • 0.33 mi🥘Mexicue
    • 0.34 mi🌲Sniffen Court Historic District
    • 0.34 mi☕️Central Cafe
    • 0.34 mi🥘California Pizza Kitchen
    • 0.34 mi☕️Cosi
    • 0.34 mi🥘Heartland Brewery
    • 0.35 mi🥘Marcony
    • 0.35 mi☕️Waffels and dinges
    • 0.35 mi🥘The Breslin
    • 0.35 mi🚌New York Airport Service
    • 0.35 mi🥘Milleseme
    • 0.35 mi☕️Breads bakery
    • 0.35 mi☕️Andrews Coffee Shop
    • 0.35 mi☕️Cafe Bene
    • 0.35 mi🥘John Dory Oyster Bar
    • 0.35 mi🥘La Tarte Flambée
    • 0.36 mi☕️FIKA Bryant Park
    • 0.36 mi🥘Pershing Square
    • 0.36 mi🥘Spicy Simphony
    • 0.36 mi🥘Ben & Jack's Steakhouse
    • 0.36 mi🥘L & W Oyster Company
    • 0.36 mi☕️Starbucks Coffee
    • 0.36 mi🍺Tavern29
    • 0.36 mi🚇BDFM42nd Street - Bryant Park
    • 0.37 mi🥘Friedman's
    • 0.37 mi🥘Juice
    • 0.37 mi☕️Subway
    • 0.37 mi☕️Cafe Metro
    • 0.37 mi🍺John Doe Bar & Kitchen
    • 0.37 mi🚇12334th Street - Penn Station
    • 0.37 mi🥘Vezzo
    • 0.37 mi🥘Salvation Taco
    • 0.37 mi🚇NQRW42nd Street - Times Square
    • 0.37 mi🥘Le Parisien
    • 0.37 mi🚇12334th Street - Penn Station
    • 0.37 mi☕️Starbucks
    • 0.37 mi🚇12334th Street - Penn Station
    • 0.38 mi🥘Nomado
    • 0.38 mi🥘Brother Jimmy's BBQ
    • 0.38 mi🚇12334th Street - Penn Station
    • 0.38 mi🍺POD 39 Rooftop
    • 0.38 mi🥘Duke's
    • 0.38 mi🥘Bareburger
    • 0.38 mi🥘2nd Ave Deli
    • 0.38 mi🥘El Rio Grande
    • 0.38 mi🥘Cask
    • 0.38 mi☕️Dunkin' Donuts
    • 0.38 mi🥘Fresh & Co
    • 0.39 mi🍺Pig n' Whistle
    • 0.39 mi☕️Idea Coffee
    • 0.39 mi🥘Ootoya
    • 0.39 mi🚇RW28th Street
    • 0.39 mi☕️FIKA Grand Central
    • 0.39 mi🚇S456742nd Street-Grand Central
    • 0.4 mi☕️Starbucks
    • 0.4 mi☕️Exki
    • 0.4 mi🍺ted's
    • 0.4 mi🍺The NoMad Hotel Library Bar
    • 0.4 mi🚗Hippodrome Parking
    • 0.4 mi☕️Starbucks Coffee
    • 0.4 mi🍺Joshua Tree
    • 0.4 mi🥘Belvedere
    • 0.4 mi☕️Delecctica
    • 0.4 mi🥘Nana Sushi
    • 0.41 mi🥘Lallisse
    • 0.41 mi🥘Les Halles
    • 0.41 mi🥘Blockheads
    • 0.41 mi🍺The Nomad
    • 0.41 mi🍺Flying Cock
    • 0.41 mi☕️Dunkin' Donuts
    • 0.41 mi🥘ilili
    • 0.41 mi🥘Ethos
    • 0.41 mi🍺Churchill's Pub
    • 0.41 mi🍺Mercury Bar
    • 0.42 mi☕️Penelope
    • 0.42 mi🥘Sweetgreen
    • 0.42 mi☕️Starbucks
    • 0.42 mi☕️Starbucks Coffee
    • 0.42 mi🥘Chipotle
    • 0.42 mi☕️FIKA 28th Street
    • 0.42 mi🥘Urban Space
    • 0.42 mi🥘Choza Tacqueria
    • 0.42 mi🥘LA Fonda Del Sol
    • 0.43 mi🥘Pondicheri
    • 0.43 mi🥘Babylon
    • 0.43 mi🥘Shorty's
    • 0.43 mi🚇628th Street
    • 0.43 mi☕️Java Detour
    • 0.43 mi🍺Forty Four
    • 0.43 mi☕️Birch
    • 0.43 mi🥘Pio Pio
    • 0.43 mi🚗Hippodrome Parking
    • 0.43 mi🥘Talent
    • 0.44 mi🥘Galata
    • 0.44 mi☕️Gregory Coffee
    • 0.44 mi🥘Waldy's Woodfire Pizza & Penne
    • 0.44 mi🥘The Smith
    • 0.44 mi🚇12342nd Street - Times Square
    • 0.44 mi🥘Ruby Tuesday
    • 0.44 mi🚇12342nd Street - Times Square
    • 0.45 mi🥘Essen Fast Slow Food
    • 0.45 mi🚇12342nd Street - Times Square
    • 0.45 mi☕️Starbucks Coffee
    • 0.45 mi🍺230 Fifth
    • 0.45 mi🚇12342nd Street - Times Square
    • 0.45 mi☕️europa cafe
    • 0.45 mi💪Evolution Muay Thai
    • 0.45 mi🥘Hummus Kitchen
    • 0.45 mi🥘Mulberry & Vine
    • 0.46 mi☕️Starbucks Coffee
    • 0.46 mi🥘Sinigual
    • 0.46 mi🥘Dhaulagiri Kitchen
    • 0.46 mi🍺Whiskey Rebel
    • 0.46 mi🥘Lahori Kabab
    • 0.47 mi🥘Moonstruck
    • 0.47 mi🥘Vino Tapa
    • 0.47 mi🥘Copper Chimney
    • 0.47 mi🥘Kurry Pavilion
    • 0.48 mi🥘Curry in a Hurry

    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.

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