This mixed-use building was constructed in 1910 and features a D6 building classification (Elevator Apartment – Fireproof with Stores) with 4 commercial units available . The property is located between Third Avenue and Lexington Avenue, placing your business in a densely populated residential and commercial corridor with strong foot traffic from local residents, commuters, and professionals .

The building is conveniently managed by Beach Lane Management and marketed by Gold & Appel Realty Corp .

Key Features

Prime Murray Hill / Midtown East Location

• Situated on East 36th Street in the heart of Murray Hill, one of Manhattan’s most convenient, centrally located, and desirable residential neighborhoods
• Located between Third Avenue and Lexington Avenue, in a densely populated residential and commercial corridor with strong daytime and evening foot traffic
• Murray Hill is known for its pre-war architecture, tree-lined streets, strong sense of community, and proximity to Grand Central Terminal
• Steps from Grand Central Terminal (42nd Street and Park Avenue — a 10-minute walk) — one of Manhattan’s busiest and most convenient transit hubs
• Minutes from NYU Langone Medical Center (First Avenue between 30th-34th Streets), Bellevue Hospital, and the VA NY Harbor Healthcare System — creating consistent demand for medical practices, pharmacies, and patient-serving retail
• Short walk to Koreatown (32nd Street) , Herald Square, Madison Square Park, and the East River Esplanade

Strong Foot Traffic & Commercial Activity

• Consistent pedestrian traffic generated by:
• Local residents from surrounding residential buildings
• Commuters passing through Grand Central Terminal
• Office workers from nearby Midtown East corporate offices
• Medical professionals and patients from area hospitals
• Shoppers and diners on Third Avenue and Lexington Avenue
• The building benefits from a Walk Score of 100 (Walker’s Paradise) and a Transit Score of 100 (Rider’s Paradise)
• 163 E 36th Street features 4 commercial spaces in a building with a strong track record of successful businesses

Compact Retail Layout – 325 SF

• Approximately 325 SF of flexible ground-floor retail space
• The building features a total of 3,900 SF of commercial building floor area, with this compact unit ideal for small businesses seeking an affordable entry point in Midtown
• Suitable for a variety of business concepts requiring modest square footage
• Excellent street-level visibility in a prime Midtown location
• At approximately $13.85 per square foot, this represents a competitive rate for retail space in this premium Midtown location

Exceptional Transit Access

• Unparalleled connectivity with immediate access to multiple subway lines:
• 4, 5, 6, 7, S trains at Grand Central Terminal (a 10-minute walk)
• 6 train at 33rd Street station on Park Avenue
• B, D, F, M, N, Q, R, W trains at 34th Street – Herald Square
• 1, 2, 3, A, C, E trains at Penn Station
• Multiple MTA bus routes serve Third Avenue, Lexington Avenue, and 36th Street (M15, M34-SBS, M34A, M42, M101, M102, M103)
• Easy connectivity to all of Manhattan, Brooklyn, Queens, and the broader NYC metropolitan area
• Convenient for commuters from Westchester, Long Island, New Jersey, and beyond

Diverse & High-Value Customer Base

This premier Midtown location serves a broad and high-value customer base including:

• Local Murray Hill residents
• Commuters and office workers
• Medical professionals from nearby NYU Langone, Bellevue, and VA Hospital
• Patients and families visiting area hospitals
• Shoppers and diners on Third Avenue and Lexington Avenue
• Hotel guests from nearby accommodations

Ideal For Businesses Such As

• Coffee shop or café
• Small boutique or specialty retailer
• Professional office
• Beauty or nail salon
• Medical or dental practice
• Pharmacy or drugstore
• Florist or gift shop
• Specialty food market
• Service-oriented business

Highlights

✔ 325 SF of retail space in the heart of Murray Hill
✔ $4,500/month — competitive pricing at approximately $13.85 per square foot
✔ Prime East 36th Street location between Third Avenue and Lexington Avenue
✔ Steps from Grand Central Terminal and major medical institutions
✔ Walk Score of 100 and Transit Score of 100
✔ Historic 1910 building with 4 commercial units
✔ Ideal for small businesses, professional offices, and service-oriented concepts
✔ Strong foot traffic from residents, commuters, and medical professionals
✔ Excellent access to multiple subway lines and bus routes
✔ Murray Hill’s pre-war architecture and tree-lined streets create an attractive neighborhood environment

Conclusion

163 E 36th Street offers an excellent opportunity for small businesses and entrepreneurs seeking a foothold in one of Manhattan’s most convenient and desirable neighborhoods. With 325 SF of flexible retail space, a prime Murray Hill location between Third Avenue and Lexington Avenue, outstanding transit access, and a diverse customer base that includes residents, commuters, and medical professionals, this property is ideally positioned for success in the heart of Midtown.

Whether you’re opening a coffee shop, boutique, professional office, or service-oriented business, this compact but well-located retail space provides the visibility, accessibility, and neighborhood character needed to thrive in Murray Hill.

Contact us today to schedule a private tour and secure this outstanding Murray Hill retail opportunity!