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Property profile & analytics
OFF-MARKET
Office buildings

485 Lexington Ave New York, NY 10017-2630

743,789 SF 1.06 ac lot Built 1957
Individually Owned ~ Est. High Equity
Property ID
US63-2169438
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 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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1957
Total area 743,789 SF
Lot 1.06 ac (46,130 SF)
Zoning code C5-3
APN 01301-0023
UPID US63-2169438
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Perricone Law Consultant
  • BayBridge Real Estate Capital Real Estate Agency
  • Gold Bullion International LLC Financial Advisor
  • Citibank ATM Atm
  • Center on Addiction Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
A Manger Limited Pret
A Manger Limited Pret
since 2025
Last sale
$2.5M
7 recorded transactions
2025
$2.5M
2022
Price N/A
2017
Price N/A
2017
Price N/A
2007
$6.1M
2007
Price N/A
2007
$14.1M
Zoning & alternative use
C5-3 · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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