New York City  »  10022  »  Madison Ave  »  488 Madison Ave

488 Madison Avenue #LH3, New York, NY 10022 Property Information

488 Madison Avenue #LH3, New York, NY 10022 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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488 Madison Avenue #LH3, New York, NY 10022
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Address

Primary address 488 Madison Avenue #LH3
Secondary address 15-23 E 51st St
Neighborhood Central Midtown
Zip code 10022
Borough Manhattan
Block & lot 01287-1303

Sales & Tax Overview for 488 Madison Avenue #LH3, New York

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Tax class

Lot & Building Information for 488 Madison Avenue #LH3, New York

Lot sqft 21,590
Building class Office Space (RB)
Building sqft 20,169
Buildings on lot 1
Stories 23
Year built 1950
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Zoning & Use for 488 Madison Avenue #LH3, New York

Commercial units 1
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5

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Other Property Data for 488 Madison Avenue #LH3, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 488 Madison Avenue #LH3, New York, NY 10022, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 488 Madison Avenue #LH3, New York, NY 10022, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 15-23 E 51st St, New York, NY 10022
  • 24 E 52nd St, New York, NY 10022
  • 484-492 Madison Ave, New York, NY 10022

About 488 Madison Avenue #LH3, New York

How many square feet does 488 Madison Avenue #LH3, New York, NY 10022 have?

This Office Space (RB) located at 488 Madison Avenue #LH3, New York, NY 10022 has a total of 20,169 square feet.

What is the year built & the current market value of 488 Madison Avenue #LH3, New York, NY 10022?

488 Madison Avenue #LH3, New York, NY 10022 was built in 1950 and has a current tax assessor's market value of $7,190,200.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 488 Madison Avenue #LH3, New York

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Property owner name for 488 Madison Avenue #LH3, New York, NY 10022
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Building contacts for 488 Madison Avenue #LH3, New York, NY 10022
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 488 Madison Avenue #LH3, New York

Create a free account to view the complete sales history for 488 Madison Avenue #LH3, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 488 Madison Avenue #LH3, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
10/02/2024 - D
10/22/2024 - R
Deed
(2024102100712001)
09/30/2024 - D
10/22/2024 - R
Agreement
(2024102100712002)
09/17/2024 - D
10/02/2024 - R
Maps
(2024091800343004)
09/17/2024 - D
10/02/2024 - R
Maps
(2024091800343002)
07/29/2024 - D
10/02/2024 - R
Amended Condo Declaration
(2024091800343001)
07/16/2024 - D
10/02/2024 - R
Declaration of Condo in Condo
(2024091800343003)
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R: Recorded date
D: Document date

Property Taxes for 488 Madison Avenue #LH3, New York

Access detailed property tax data for 488 Madison Avenue #LH3, New York, NY 10022. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Tax assessor's market value: $7,190,200
Assessed value: $3,235,596
Exemptions granted by city:

Assessment History for 488 Madison Avenue #LH3, New York

Data not available for this property.

Permits for 488 Madison Avenue #LH3, New York

The complete history of permits filed for 488 Madison Avenue #LH3, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

No recorded permits for this property.

Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Transportation

Neighbors for 488 Madison Avenue #LH3, New York

Data not available for this property.
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