477 Madison Ave New York, NY 10022
- Office buildings
- 262,287 SF
- 0.35 lot acres
Current Use by Public Records
- Law Offices of Daniel Timins / Estate Planning Attorney / Elder Law Attorney
- Bespoke Fashion LLC / Clothing Wholesaler
- A-Z Property Management / Property Management Company
- Gracious Marketing / Internet Marketing Service / Advertising Agency
- KorUnlimited / Marketing Consultant / Advertising Agency
Property Details for 477 Madison Ave
- Year built
- 1954
- Lot size
- 0.35 lot acres
- Property size
- 262,287 SF
- Zone code
- C5-3
- Property type
- Office buildings
- APN
- 01287-0021
- APU
- 12870021
Description
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 creative office layouts, all fully furnished and equipped. Amenities include elevators and a stunning marble lobby. The building's Plaza District location provides easy access to renowned landmarks such as St. Patrick's Cathedral and Saks Fifth Avenue. Ideal for businesses seeking a prestigious address and flexible, modern workspace solutions. The building offers a range of options, from private, fully furnished offices tailored to individual needs, to serviced offices, custom spaces, disaster recovery solutions, and day offices, providing access as needed. A benefits program with exclusive discounts and procurement support is also available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,390,000
- 6.5%
- $4,650,000
- 7%
- $5,190,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,325,000
- Geo Method
- $4,930,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,050,000
- Retail
- $4,525,000
- Mixed-Use
- $5,605,000
- Hospitality
- $5,455,000
- Educational
- $5,325,000
- Residential Income
- $5,510,000
- Energy
- $5,535,000
- Income-Based Land
- $4,895,000
- Food Service
- $5,465,000
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9746
- Latitude
- 40.7585
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
