Retail Space in Murray Hill
Market overview for retail operators evaluating Murray Hill, Manhattan.
Neighborhood Snapshot
Walker's Paradise
Excellent Transit
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 retail 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 retail operators. The area has 650 active businesses, indicating a mature commercial environment.
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