Financial
Distress signals
Property profile

477 Madison Ave New York, NY 10022

OFF-MARKET
Office buildings
Property ID
US63-3140255
262,287 SF 0.35 ac lot Built 1954
Last sale Dec 2024 · $5,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This Class A, 13,024 square foot office building at 477 Madison Avenue, New York, NY 10022, offers flexible workspace solutions in a prime Manhattan location. Renovated in 2019, the building boasts 350 suites, with a current vacancy of 5,970 square feet. Spaces range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, catering to businesses of all sizes. The property features multiple tenancy options, including executive offices, coworking spaces, and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$5.30M
Tax billed · 2024
Assessed value$51.67M
Assessed land$10.67M
Assessed improvement$41.01M
Effective rate10.25%

Value estimate

· Sep 2026
$5.00M
$4.50M – $5.50M
AI approach$5.00M
Sales comparison$4.12M

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

Recently sold

What actually traded nearby?
$442/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$25 – $784
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: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop87.7
Auto Parts Store72.1
Pet Grooming Service22.7

Location

477 Madison Ave New York, NY 10022-5802
County assessor Recorded deeds · 5 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
400 Park, New York, NY 10022-4406 $2,481,446 Dec 2025 214,392 SF
460 Park, New York, NY 10022-1906 $11,153,700 Dec 2025 254,185 SF
560 Lexington, New York, NY 10022-6828 $25,000,000 Oct 2023 345,743 SF
450 Park, New York, NY 10022-2605 $445,000,000 Jun 2022 296,915 SF
390 Park, New York, NY 10022-4608 $5,995,126 May 2020 262,945 SF
600 Lexington, New York, NY 10022-6000 $847,066 Nov 2018 268,106 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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