Renovated Midtown Office
For Lease
Contact for pricing
488 Madison Ave, New York, NY 10022
Renovated office floor features a new building lobby, retail facade, operable windows, and 24/7 access.
Space SizeContact for details
Property Size5,462 SF
Days on Market1521
Property Features for 488 Madison Ave
General Information
Standard status
Active
Size
5,462 SF
Property subtype
OFFICE
Amenities
Attended marble lobby
24 hour/7 day access
Full floor identity
Close proximity to trains and bus lines
Listing Agency:
The Feil Organization - Corporate
(212) 609-8666
Listed By:
Timothy Parlante
Source:
Moodyscre
Added: Jun 6, 2022
Changed: Jul 28
Last Checked: Aug 4 at 12:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Feil Organization - Corporate
Investment Insights
Based on property information with market context.
This renovated office floor includes extensive interior upgrades, highlighted by a new building lobby and a retail facade. The improvements also include operable windows and elevators. The building features an attended marble lobby and provides 24 hours a day, 7 days a week access. The space is presented with a full-floor identity.
Located in Midtown between 51st and 52nd Streets, the property offers convenient access to nearby trains and bus lines.
As a single, full-floor offering, the layout supports an office tenant seeking a cohesive premises within a recently renovated building.
Located in Midtown between 51st and 52nd Streets, the property offers convenient access to nearby trains and bus lines.
As a single, full-floor offering, the layout supports an office tenant seeking a cohesive premises within a recently renovated building.
Key Highlights
- Renovated office floor with a new building lobby and retail facade
- Operable windows and elevators updated as part of interior renovations
- Full floor identity with 24/7 access (24 hour/7 day)
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
85,823
Businesses Nearby
Explore this area
Business Placement
Demographics for 10022, NY
36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
Market
Lease Benchmarks for New York, NY
$47.13 /SF/Yr
Avg Asking Price
$4.17–$109 /SF/Yr
Price Range
11,202 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Renovated office floor features a new building lobby, retail facade, operable windows, and 24/7 access.
Where is this office units located?
The property is located at 488 Madison Ave New York, NY.
What are key features of this property?
This property features: Renovated office floor with a new building lobby and retail facade; Operable windows and elevators updated as part of interior renovations; Full floor identity with 24/7 access (24 hour/7 day)
