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

488 Madison Avenue #LH5, New York, NY 10022 - Property report

Also known as: 488 Madison Ave #LH5

Property image for 488 Madison Avenue #LH5, New York, NY 10022
static Mapbox map

Property type

Office Space (RB)

Year built

1950

Lot sq. ft.

21,590

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
488 Madison Avenue #LH5
ZIP code
10022
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01287-1305

Owner

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Building
Property type
Office Space (RB)
Unit sq. ft.
20,169
Buildings on lot
1
Stories
23
Year built
1950
Building material
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot sq. ft.
21,590

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
86 /100.  Very Bikeable
School district
2
Community district
5

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 488 Madison Avenue #LH5, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 488 Madison Avenue #LH5, New York, NY 10022

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/22/2024 - R
10/02/2024 - D		 Deed
(2024102100712001)		 XXXXXXXXXXX XX XXX XXXX XXXXXXXXXXX XX XXX XXXX
10/22/2024 - R
09/30/2024 - D		 Agreement
(2024102100712002)		 XXX XXXXXXX XXXXXX XXXXXXXXXX XXX XXXXXXXXXXX XX XXX XXXX
10/02/2024 - R
09/17/2024 - D		 Maps
(2024091800343004)		 XXX XXXXXXX XXXXXX XXXXXXXXX XXXXXXXXXXX
10/02/2024 - R
09/17/2024 - D		 Maps
(2024091800343002)		 XXX XXXXXXX XXXXXX XXXXXXXXXXX
10/02/2024 - R
07/29/2024 - D		 Amended Condo Declaration
(2024091800343001)		 XXX XXXXXXX XXXXXX XXXXXXXXXX XXX
10/02/2024 - R
07/16/2024 - D		 Declaration of Condo in Condo
(2024091800343003)		 XXXXXXXXXXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 488 Madison Avenue #LH5, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Municipal exemptions
Recent tax assessments
Market value
$7,753,166
Assessed value
$3,488,925

More about New York City property taxes

Permits

Permit information for 488 Madison Avenue #LH5, New York, NY

No recently recorded permits for this property.

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Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Nearby ZIP codes for 488 Madison Avenue #LH5, New York, NY

10017, New York City, NY 10020, New York City, NY 10021, New York City, NY 10065, New York City, NY 10103, New York City, NY 10112, New York City, NY 10152, New York City, NY 10154, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 488 Madison Avenue #LH5, New York, NY 10022?

The development at 488 Madison Avenue #LH5, New York, NY 10022 was built in 1950.

What is the market value of 488 Madison Avenue #LH5, New York, NY 10022?

The current market value of 488 Madison Avenue #LH5, New York, NY 10022 is $7,753,166.

What is the total square footage of 488 Madison Avenue #LH5, New York, NY 10022?

488 Madison Avenue #LH5, New York, NY 10022 has a total of 20,169 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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