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Property profile & analytics

485 Lexington Ave New York, NY 10017

  • Office buildings
  • 743,789 SF
  • 1.06 lot acres
Value Estimation
Last Sale
Oct 26, 2022
Location Intelligence
Property ID
US63-2169438
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Perricone Law / Consultant
  • BayBridge Real Estate Capital / Real Estate Consultant
  • Gold Bullion International LLC / Financial Planner
  • Citibank ATM / Atm
  • Center on Addiction / Non-Profit Organization / Association / Organization

Property Details for 485 Lexington Ave

Year built
1957
Lot size
1.06 lot acres
Property size
743,789 SF
Zone code
C5-3
Property type
Office buildings
APN
01301-0023
APU
13010023

Description

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 variety of uses. Its central location in Midtown East provides unparalleled access to iconic landmarks such as the Chrysler Building, Rockefeller Center, and the United Nations Headquarters. The building benefits from excellent public transportation connectivity, with proximity to Grand Central Terminal and numerous subway lines. This prestigious address is situated within a timeless, architecturally significant neighborhood, yet enjoys the tranquility of tree-lined streets known for their upscale residential buildings. The property presents a unique opportunity to establish a presence in one of Manhattan's most desirable and sought-after locations. This is a rare chance to secure office space in a building that combines historical charm with modern convenience and accessibility. The available space is ideal for businesses seeking a high-profile address in the heart of New York City's vibrant business district.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9735
Latitude
40.7541
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,695,116
$38,565,000
$85,442,592
$124,007,592
-
$85,700,000
$180,646,000
$266,346,000
More about this property
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