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Office Space with Marble Lobby
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488 Madison Ave, New York, NY 10022

Extensively renovated office space with a new attended marble lobby, operable windows, and elevator service.

Space SizeContact for details
Property Size5,184 SF
Days on Market1521

Property Features for 488 Madison Ave

General Information

Standard status Active
Size 5,184 SF
Elevators Yes
Property subtype OFFICE

Additional Details

Public Transit Yes

Amenities

new building lobby
retail facade
operable windows
attended marble lobby
24 hour/7 day access
prestigious tenant roster
full floor identity
very low loss factor
close proximity to trains and bus lines
Listing Agency: The Feil Organization - Corporate
Listed By: Timothy Parlante
Source: Moodyscre
Added: Jun 6, 2022 Changed: Jul 30 Last Checked: Aug 4 at 10:06AM

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 office space has undergone extensive interior renovations, including a new building lobby and retail facade improvements. The renovation scope also includes operable windows and elevator updates, designed to modernize day-to-day building function. The space is configured as a full-floor identity, with an attended marble lobby supporting tenant and visitor arrival.

The property offers 24 hour, 7 day access. It’s positioned in Midtown between 51st and 52nd Streets, with close proximity to trains and bus lines for straightforward commuting.

With 5,184 square feet, this is a good fit for users seeking a dedicated, full-floor office environment in a building that has recently refreshed key interior and access components.

Key Highlights

  • 5,184 square feet office space with full‑floor identity
  • Extensive interior renovations including new building lobby and retail facade
  • Attended marble lobby for tenant and visitor arrival

Property Analytics

Current Use

Gottbetter & Partners Llp Law Firm Stuart Rosenblum PC Law Firm Simon Jacques Attorneys ... Law Firm Anthony Ellis Law Firm Arnott Maria A Law Firm

Suggested Use

Top Pick Butcher Pet Grooming Service (Bike/Boat/Book/etc) Store Auto Parts Store Adult Day Care Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

85,823
Businesses Nearby

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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Extensively renovated office space with a new attended marble lobby, operable windows, and elevator service.
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: 5,184 square feet office space with full‑floor identity; Extensive interior renovations including new building lobby and retail facade; Attended marble lobby for tenant and visitor arrival
(212) 609-8666 Call to check price and availability
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