Business Survivability in Murray Hill, New York City
StreetSpring's 2026 analysis finds that the best business to open in Murray Hill is a Veterinary Clinic with a 79.7% chance of surviving at least 2 years across the neighborhood on average.
Quick Summary
- Survivability Score: the projected chance a business type lasts two or more years at a specific address
- Best business: a Veterinary Clinic in Murray Hill (79.7% average survival rate, 90.0% at best locations)
- Neighborhood rank: #71 of 180 neighborhoods in and around New York City
- Neighborhood average: 62.5% two-year survival across the business types ranked here
- Coverage: This ranking carries one row per business type and neighborhood. Its score is the projected chance of lasting two or more years, averaged across the price points StreetSpring scores separately in the tool (most types have 5). The 10 business types here are base types; the tool offers 500+ business types, counting each type at each of its price points.
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: October 2026 by Robert Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Murray Hill a good place to start a business?
- How to find the best location
- Best businesses to open
- How much money could a business make?
- What businesses should open next?
- Frequently Asked Questions
Summary
StreetSpring's 2026 analysis finds that the best business to open in Murray Hill is a Veterinary Clinic with a 79.7% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a 90.0% chance; next is a Chiropractor Office with a 73.9% chance, followed by a Convenience Store with a 78.0% chance. At a good address, Veterinary Clinic is tied with Chiropractor Office; the published file ranks it first on its average.
Is Murray Hill a good place to start a business?
In New York City's survivability rankings, Murray Hill comes in at #71 of 180 neighborhoods, with an average Survivability Score of 62.5% across the business types ranked there.
- The gap between the best addresses and the average for the top-ranked business type in Murray Hill is 10.3 points on the two-year chance.
- Even so, the weakest addresses in Murray Hill for those same business types can underperform considerably. StreetSpring's address-level scoring exists precisely to identify which specific storefronts make the difference.
- StreetSpring's model reads Murray Hill's 20.1% housing vacancy rate, a Census measure of vacant homes and apartments, as one input among many.
Employment and housing vacancy figures sourced from the U.S. Census Bureau American Community Survey.
How can you find the best location to open a business in Murray Hill?
The right address in Murray Hill can mean a 20-point survivability difference from an average one: StreetSpring identifies exactly which addresses are worth pursuing. Of all available storefronts analyzed in Murray Hill, StreetSpring ranks this area highest for a Veterinary Clinic in 2026:
This map shows the optimal location for a Veterinary Clinic in Murray Hill based on StreetSpring's 2026 survivability analysis. Market conditions are changing daily, and it is best to use StreetSpring's most up-to-date data. The prediction model incorporates hundreds of location-specific factors, including competitive density, forecasted consumer spending, mobility patterns, and Revenue Capture Score.
Check if this location is still available →
What are the best businesses to open in Murray Hill?
| # | Business type | Chance of lasting two or more years at a good address |
|---|---|---|
| 1 | Veterinary Clinic | 89.6% |
| 2 | Chiropractor Office | 89.6% |
| 3 | Convenience Store | 84.6% |
| 4 | Clothing Store | 84.1% |
| 5 | Beauty Salon | 83.6% |
| 6 | Laundromat | 83.6% |
| 7 | Hair Salon | 83.6% |
| 8 | Cafe | 83.6% |
| 9 | Coffee Shop | 83.6% |
| 10 | Spa | 83.6% |
Ties at a good address: Veterinary Clinic and Chiropractor Office are tied; Beauty Salon, Laundromat, Hair Salon, Cafe, Coffee Shop and Spa are tied. A tie is a tie: the rank column is the published file's order, which looks at the average and the best address next.
Highest Survivability in Murray Hill
- #1 Veterinary Clinic (Ranked #1): 79.7% average in Murray Hill. Best-case storefronts: 90.0%. Challenging locations: 56.0%.
- #2 Chiropractor Office is ranked #2 for top businesses to open in Murray Hill: 73.9% chance on average, best at 90.0%, challenging at 56.0%.
- #3 Convenience Store: 78.0% on average across Murray Hill; best at 85.0%, challenging at 49.4%.
- #4 Opening a Clothing Store in Murray Hill shows 74.0% average survivability. Top locations reach 85.0%; lower-end sites show 50.4%.
- #5 Beauty Salon (Ranked #5): 75.2% average in Murray Hill. Best-case storefronts: 84.0%. Challenging locations: 48.9%.
Strong Performers in Murray Hill
- #6 Laundromat is ranked #6 for top businesses to open in Murray Hill: 74.7% chance on average, best at 84.0%, challenging at 48.4%.
- #7 Hair Salon: 73.1% on average across Murray Hill; best at 84.0%, challenging at 48.4%.
- #8 Opening a Cafe in Murray Hill shows 72.7% average survivability. Top locations reach 84.0%; lower-end sites show 48.4%.
- #9 Coffee Shop (Ranked #9): 70.4% average in Murray Hill. Best-case storefronts: 84.0%. Challenging locations: 48.9%.
- #10 Spa is ranked #10 for top businesses to open in Murray Hill: 70.4% chance on average, best at 84.0%, challenging at 48.0%.
Top 3 Compared Nationally
- Veterinary Clinic: See how this compares to other cities →
- Chiropractor Office: See how this compares to other cities →
- Convenience Store: See how this compares to other cities →
How much money could a business in Murray Hill make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, picking the highest-scoring storefront in the neighborhood in Murray Hill starts with the Revenue Capture Score, the most important factor in choosing a location: StreetSpring's estimate of the revenue a business can capture at that address.
How StreetSpring calculates location value
- No two business types have identical location needs; survivability scores reflect these differences at the address level.
- Location is the part of survivability you can measure in advance: the concept, the pricing and the operator are yours to judge.
- StreetSpring's Revenue Capture Score, the revenue a business can capture at a specific address, is the factor that matters most when comparing locations.
- StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate.
What businesses should open next in Murray Hill?
The top businesses to open next in Murray Hill:
- Veterinary Clinics: 79.7% average survival rate, 90.0% at the best address
- Chiropractor Offices: 73.9% average survival rate
- Convenience Stores: 78.0% average survival rate
Market conditions are changing daily, and it is best to use StreetSpring's most up-to-date data. Our analysis covers every major metro in the country: 24 cities and 180 million++ consumers. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool. StreetSpring's model accounts for Murray Hill's 95.1% employment rate when projecting survivability: businesses reliant on discretionary spend benefit disproportionately in well-employed neighborhoods. New competitors open and close every week, changing the survivability landscape for every address in Murray Hill. StreetSpring's regular updates mean you can always see the current score for any available storefront.
See the Survivability Score for your new business
Related Articles:
- See the New York City Business Survivability Rankings
- See the New York City Neighborhood Survivability Rankings
- Explore Veterinary Clinic survivability across New York City neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Murray Hill.
What type of business should you rent your Murray Hill storefront to?
According to StreetSpring's 2026 data, the strongest tenant types for a storefront in Murray Hill are Veterinary Clinics, Chiropractor Offices, and Convenience Stores.
- Location is the part of survivability you can measure in advance: the concept, the pricing and the operator are yours to judge.
- StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate. Run your specific address through StreetSpring to see which tenant categories give you the best odds of stable, long-term occupancy.
Related: See How Landlord Representatives in New York City Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Murray Hill storefront to a Veterinary Clinic?
Yes, StreetSpring's analysis finds that a Veterinary Clinic would be the best type of business to rent your storefront to, with a potential 90.0% chance of lasting more than 2 years; however depending on your location, the chances could drop to a 56.0% chance.
- StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate.
What should I consider when opening a business in Murray Hill?
Check the Survivability Score for your specific address in Murray Hill before signing a lease, alongside your own read of foot traffic and the local customer base.
- Revenue Capture is where competition meets spending, and it's the number that matters most when choosing a location.
- Every survivability score is produced by StreetSpring's private prediction engine, not available through any other platform.
- Start a free 10-minute trial on StreetSpring to see the current survivability score for any address in Murray Hill.
See the best place for your business at StreetSpring.
StreetSpring combines proprietary data with advanced analytics to predict which businesses will succeed. Aggregated survivability rankings for New York City are available in machine-readable format for research and integration purposes.
Full dataset for New York City: /resources/data/new-york-city-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.