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Full-Floor Office Space with 24/7 Access
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488 Madison Ave, New York, NY 10022

Full-floor office space with an attended marble lobby and extensive interior renovations, including operable windows and elevators.

Space SizeContact for details
Property Size6,498 SF
Days on Market702

Property Features for 488 Madison Ave

General Information

Standard status Active
Size 6,498 SF
Elevators Yes
Property subtype OFFICE

Additional Details

Public Transit Yes

Amenities

attended marble lobby
24 hour/7 day access
Listing Agency: The Feil Organization - Corporate
Listed By: Timothy Parlante
Source: Moodyscre
Added: Sep 2, 2024 Changed: Jul 31 Last Checked: Aug 4 at 9:34AM

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.

Full-floor office space totaling 6,498 square feet featuring extensive interior renovations. Improvements include a new building lobby and a retail facade, operable windows, and elevators. The building also offers an attended marble lobby. The space provides 24-hour, 7-day access.

Located at 488 Madison Ave, the property is described as having an excellent Midtown location, between 51st and 52nd Streets, with close proximity to trains and bus lines.

The building is described as formerly the Look Building and as providing full-floor identity, supporting tenants seeking a dedicated floor presence.

Key Highlights

  • 6,498 square feet full‑floor office space
  • 24‑hour, 7‑day access
  • New building lobby and retail facade renovations

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 - Full-floor office space with an attended marble lobby and extensive interior renovations, including operable windows and elevators.
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: 6,498 square feet full‑floor office space; 24‑hour, 7‑day access; New building lobby and retail facade renovations
(212) 609-8666 Call to check price and availability
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