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Financial
Distress signals
Property profile

485 Lexington Ave New York, NY 10017

FOR LEASE
Office buildings
Property ID
US63-2169438
743,789 SF 1.06 ac lot Built 1957
Last sale Dec 2025 · $2,481,446
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
485 Lexington Ave, New York, NY 10017 For Lease
$4,560,000 2,084 SF available
485 Lexington Ave, New York, NY 10017
View Listing

Property summary

AI-generated overview

This exceptional Midtown East property, located at 485 Lexington Avenue in New York County, NY 10017, offers prime executive office space within a 32-story building. The building boasts a total of 20,334 square feet, with currently 1,612 square feet of vacant space available for lease. Multiple tenancy options are available, catering to businesses seeking spaces ranging from 1,612 to 5,096 square feet. The property is classified as both retail and office space, making it suitable for a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$12.70M
Tax billed · 2024
Assessed value$124.01M
Assessed land$38.57M
Assessed improvement$85.44M
Effective rate10.24%

Value estimate

· Oct 2026
$4.56M
$4.10M – $5.02M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$639/SF
Submarket average, outlier-cleaned · 224 recorded sales of this use type
Observed band · Q1–Q3$152 – $1,228
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C5-3
This district is designed to provide for office buildings and the great variety of large retail stores and related activities in the cent...
General categoryCOMMERCIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher8.2
Laundromat4.9
Pet Grooming Service4.8

Location

485 Lexington Ave New York, NY 10017
County assessor Recorded deeds · 11 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
425 Lexington, New York, NY 10017-3903 $2,481,446 Dec 2025 627,691 SF
147-151 44th, New York, NY 10017 $273,000,000 Dec 2025 629,323 SF
235 42nd, New York, NY 10017-5703 $140,000,000 Nov 2024 672,462 SF
7 48th, New York, NY 10017-1007 $1,684,203 Aug 2023 656,428 SF
666 3rd, New York, NY 10017-4011 $2,930,905 May 2022 666,376 SF
730 3rd, New York, NY 10017-3206 $2,365,000 Dec 2018 665,110 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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