Standard Security Life Building - 485 Madison Avenue, New York, NY 10022 Property Information
Standard Security Life Building - 485 Madison Avenue, New York, NY 10022 Property Information
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- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Building name | Standard Security Life Building |
| Primary address | Standard Security Life Building - 485 Madison Avenue |
| Secondary address | 28-36 E 52nd St |
| Neighborhood | Central Midtown |
| Zip code | 10022 |
| Borough | Manhattan |
| Block & lot | 01287-0052 |
Sales & Tax Overview for 485 Madison Avenue, New York
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 11/01/2017 |
| Purchase price | $28,050,000 |
| Tax class | Register |
| Estimated property tax | $3,313,532 |
Lot & Building Information for 485 Madison Avenue, New York
| Lot sq. ft. | 12,501 |
| Lot dimensions | |
| Property type | Office Only with or without Commercial - 20 Stories or More (O4)
|
| Building sqft | 244,668 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 24 |
| Year built | 1929 |
| Construction type | Register |
Area Overview
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.21 Miles |
| Closest fire station | 0.44 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 485 Madison Avenue, New York
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 28-36 E 52nd St, New York, NY 10022
- 479-485 Madison Ave, New York, NY 10022
About 485 Madison Avenue, New York
This Office Only with or without Commercial - 20 Stories or More (O4) located at Standard Security Life Building - 485 Madison Avenue, New York, NY 10022 has a total of 244,668 square feet and a current price per square foot of $114.
What is the year built & the current market value of Standard Security Life Building - 485 Madison Avenue, New York, NY 10022?Standard Security Life Building - 485 Madison Avenue, New York, NY 10022 was built in 1929 and has a current tax assessor's market value of $68,426,000.
How many commercial spaces does this building have?This building has 29 commercial spaces available for lease. There are 7 active listings at this address.
Ownership Information for 485 Madison Avenue, New York
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Spaces for Lease in 485 Madison Avenue, New York
| Listing type | For Lease |
|---|---|
| Listing date | 06/27/2023 |
| Last updated | 01/23/2025 |
| Lot size | 0.29 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Entire Floor | Office | Listing price not available | 12,476 | N/A |
| Listing type | For Lease |
|---|---|
| Last updated | 04/15/2026 |
| Lot size | 0.29 Acre |
Brokers
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 3rd Floor | General Office | Listing price not available | 15,736 | Brett S. Greenberg Adam S. Rappaport |
| 14th Floor | General Office | Listing price not available | 14,101 | Brett S. Greenberg Adam S. Rappaport |
| 4th Floor | General Office | Listing price not available | 6,014 | Brett S. Greenberg Adam S. Rappaport |
| 2nd Floor | General Office | Listing price not available | 5,485 | Brett S. Greenberg Adam S. Rappaport |
| 9th Floor | General Office | Listing price not available | 14,101 | Brett S. Greenberg Adam S. Rappaport |
| 11th Floor | General Office | Listing price not available | 14,101 | Brett S. Greenberg Adam S. Rappaport |
Past Sales & Property History for 485 Madison Avenue, New York
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Title Documents for 485 Madison Avenue, New York
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R: Recorded date
D: Document date
Property Taxes for 485 Madison Avenue, New York
Access detailed property tax data for Standard Security Life Building - Standard Security Life Building - 485 Madison Avenue, 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: | $3,340,284 |
| Estimated property tax: | $3,313,532 |
| Tax assessor's market value: | $68,426,000 |
| Assessed value: | $30,791,700 |
Assessment History for 485 Madison Avenue, New York
Here's the assessment & property tax history for 485 Madison Avenue, New York, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $68,426,000 | $30,791,700 | $30,791,700 | 10.848% | $3,340,284 | $3,340,284 | -16.96% |
| 2024/25 | $86,756,000 | $39,040,200 | $37,378,800 | 10.762% | $4,022,706 | $4,022,706 | +0.21% |
| 2023/24 | $85,393,000 | $38,426,850 | $37,900,890 | 10.592% | $4,014,462 | $4,014,462 | +7.82% |
| 2022/23 | $77,721,000 | $34,974,450 | $34,974,450 | 10.646% | $3,723,380 | $3,723,380 | +9.76% |
| 2021/22 | $70,094,000 | $31,542,300 | $31,542,300 | 10.755% | $3,392,374 | $3,392,374 | -21.10% |
Permits for 485 Madison Avenue, New York
The complete history of permits filed for 485 Madison Avenue, 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.
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Manhattan Commercial Market Stats
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Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Madison Ave & 53rd St at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | E-M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.058 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Madison Av/E 52 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.012 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 485 Madison Avenue, New York
Here are the neighbors for Standard Security Life Building - Standard Security Life Building - 485 Madison Avenue, New York, NY 10022.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 14 E 52nd St, New York | 21,776 | 10/16/2023 | $19,500,000 |
| 39 E 51st St, New York | 10,974 | 06/20/2023 | $40,000,000 |
| 7 E 51st St, New York | 13,000 | 05/30/1973 | |
| 457 Madison Ave, New York | 22,350 | 04/30/2026 | $491,100,000 |
| 320 Park Ave, New York | 656,436 | 11/01/2021 | |
| 11 E 51st St, New York | 13,349 | 11/01/2017 | $28,050,000 |
| 16 E 52nd St, New York | 90,816 | 09/21/1971 | |
| 641 5th Ave, New York | 914,767 | ||
| 663 5th Ave, New York | 75,871 | 05/03/1978 | |
| 10 E 53rd St, New York | 366,879 | 02/17/2012 | $252,500,000 |
| 655 5th Ave, New York | 52,400 | 12/18/2013 | |
| 3 E 52nd St, New York | 5,380 | 10/04/2024 | $14,300,000 |
| 12 E 52nd St, New York | 20,200 | 04/09/2025 | $14,825,000 |
| 10 E 52nd St, New York | 17,841 | 09/26/1974 | |
| 40 E 52nd St, New York | 360,000 | 10/07/1998 | |
| 5 E 51st St, New York | 14,708 | 02/15/2019 | $44,000,000 |
| 647 5th Ave, New York | 22,570 | 10/07/1975 | |
| 477 Madison Ave, New York | 262,287 | 06/27/2019 | $155,368,000 |
| 34 E 51st St, New York | 74,455 | 12/05/2019 |