Madison Avenue Office
For Lease
Contact for pricing
488 Madison Ave, New York, NY 10022
Prestigious office building in Midtown Manhattan with full floor identity.
Space Size5,184 SF - 21,797 SF
Property Size384,000 SF
Days on Market1032
Property Features for 488 Madison Ave
General Information
Standard status
Active
Size
5,184 SF - 21,797 SF
Property subtype
Retail, Office
Building Details
Building Size
384,000 SF
Year Built
1949
Tenancy
Multiple
Spaces For Lease
at 488 Madison Ave Contact us- Size
- 5,184 SF
- Type
- Office, Retail
- Availability
- Active
12th Fl, Ste 1200
- Size
- 5,462 SF
- Type
- Office, Retail
- Availability
- Active
17th Fl, Ste 1706
- Size
- 21,797 SF
- Type
- Office, Retail
- Availability
- Active
9th Fl, Ste 900
- Size
- 5,184 SF
- Type
- Retail
- Availability
- Active
Partial 12th
- Size
- 5,586 SF
- Type
- Office, Retail
- Availability
- Active
Partial 12th
- Size
- 6,498 SF
- Type
- Office, Retail
- Availability
- Active
Partial 21st
- Size
- 5,586 SF
- Type
- Office, Retail
- Availability
- Active
Suite #1210
- Size
- 6,498 SF
- Type
- Office, Retail
- Availability
- Active
Suite 2100
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Listing Agency:
The Feil Organization
Listed By:
Timothy Parlante · License #NY
Source:
Crexi
Added: Oct 27, 2023
Changed: Aug 22
Last Checked: Aug 22 at 10:37AM
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
Investment Insights
Based on property information with market context.
Located on Madison Avenue in Midtown Manhattan, this 23-story office tower at 488 Madison Avenue is an architectural landmark. Designed by Emery Roth & Sons in 1949, the building, historically known as 'The Look Building,' offers 447,000 square feet of space and a prestigious tenant roster. The building overlooks Saint Patrick’s Cathedral and is located blocks from Grand Central Terminal, in proximity to area businesses, restaurants, shopping, hotels and mass transit. It provides full floor identity, 24/7 access, and an attended marble lobby. The building has been home to publishing and communications firms including Esquire Magazine, Institutional Investor, Euromoney Publications and Abbeville Press. The building is comprised of glazed white brick and configured in round-edged layers. The building's white brick façade has been completely rejuvenated, and the windows have been upgraded. Interior renovations include a new lobby, updated elevators and a new retail façade. The building stands out as one of the most attractive post-war brick buildings in New York City, with ribbon windows and columns.
Key Highlights
- Prime Midtown Manhattan location on Madison Avenue, near Grand Central Terminal and St. Patrick's Cathedral.
- Prestigious architectural landmark with a rich history and notable former tenants.
- Extensive interior and exterior renovations, including a new lobby, updated elevators, and rejuvenated facade.
Property Analytics
Property Profile
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
$65.36 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
40,991 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 building - Prestigious office building in Midtown Manhattan with full floor identity.
Where is this office building located?
The property is located at 488 Madison Ave New York, NY.
What are key features of this property?
This property features: Prime Midtown Manhattan location on Madison Avenue, near Grand Central Terminal and St. Patrick's Cathedral.; Prestigious architectural landmark with a rich history and notable former tenants.; Extensive interior and exterior renovations, including a new lobby, updated elevators, and rejuvenated facade.
