Market Intelligence

    Restaurant Space in Murray Hill

    Market overview for restaurant operators evaluating Murray Hill, Manhattan.

    Neighborhood Snapshot

    Average Asking Rent
    $70-120/sf
    Typical Restaurant Size
    1,500-4,000 SF
    Neighborhood Vibe
    Young Professional, Residential
    Walk Score
    97

    Walker's Paradise

    Transit Score
    100

    Excellent Transit

    Demographics
    $95K

    Median household income

    About Murray Hill

    Residential midtown neighborhood popular with young professionals. Strong bar scene along Third and Lexington Avenues with growing restaurant diversity.

    Murray Hill is located in Manhattan and offers average commercial rents of $70-120/sf per square foot annually. The neighborhood's young professional, residential character makes it suitable for restaurant concepts that align with the local demographics and foot traffic patterns.

    With a population of approximately 50,000 and median rent of $2,700/month, Murray Hill provides a strong residential base for restaurant operators. The area has 650 active businesses, indicating a mature commercial environment.

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