New York City  »  10022  »  Madison Ave  »  485 Madison Ave

Standard Security Life Building - 485 Madison Avenue, New York, NY 10022 - Property report

Also known as: 28-36 E 52nd St

Property image for Standard Security Life Building - 485 Madison Avenue, New York, NY 10022
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Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Year built

1929

Lot sq. ft.

12,501

General information

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Address
Building name
Standard Security Life Building
Primary address
Standard Security Life Building - 485 Madison Avenue
Alternate address(es)
28-36 E 52nd St
479-485 Madison Ave
ZIP code
10022
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01287-0052

Owner

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Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
244,668
Building dimensions
100 ft x 120 ft
Buildings on lot
1
Stories
24
Year built
1929
Building material
Sales
Sale date
11/01/2017
Sale price
$28,050,000 - M
Tax
Tax year
2026-2027
Property tax
$3,313,532
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 dimensions
100.42 ft x 124.5 ft
Lot sq. ft.
12,501

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
84 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.21 Miles
Closest fire station
0.44 Miles

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

Ownership information for Standard Security Life Building - 485 Madison Avenue, New York, NY

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

Sales history for Standard Security Life Building - 485 Madison Avenue, 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
08/12/2026 - R UCC3 Continuation
(2026081200019001)
XXX XXXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
12/04/2024 - R
11/25/2024 - D
Assignment of Leases and Rents
(2024112600131002)
XXX XXXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
12/04/2024 - R
11/25/2024 - D
Agreement
(2024112600131001)
XXX XXXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
12/30/2021 - R Initial UCC1
(2021121601069004)
XXX XXXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
12/14/2021 - R UCC3 Termination
(2021121400447001)
XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX XXX XXXXXXX XXXXXX XXX
12/30/2021 - R
11/30/2021 - D
Termination of Assign of L&R
(2021121601069005)
XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX XXX XXXXXXX XXXXXX XXX
12/30/2021 - R
11/30/2021 - D
Assignment of Leases and Rents
(2021121601069003)
XXX XXXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
12/30/2021 - R
11/30/2021 - D
Agreement
(2021121601069002)
XXXXXXXX XXXXX XXXX X X XXX XXXXXXX XXXXXX XXX
12/30/2021 - R
11/30/2021 - D
Assignment, Mortgage
(2021121601069001)
XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX XXXXXXXX XXXXX XXXX X X
09/13/2021 - R UCC3 Continuation
(2021091001203001)
XXX XXXXXXX XXXXXX XXX XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Standard Security Life Building - 485 Madison Avenue, 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
Property tax
$3,313,532
Municipal exemptions
Recent tax assessments
Market value
$67,878,000
Assessed value
$30,545,100

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y 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%
2020/21 $95,356,000 $42,910,200 $40,205,490 10.694% $4,299,575 $4,299,575 +5.31%
2019/20 $92,557,000 $41,650,650 $38,746,140 10.537% $4,082,681 $4,082,681 +2.50%
2018/19 $92,148,000 $41,466,600 $37,885,010 10.514% $3,983,230 $3,983,230 -2.62%
2017/18 $97,618,000 $43,928,100 $38,906,030 10.514% $4,090,580 $4,090,580 +8.15%
2016/17 $97,748,000 $43,986,600 $35,769,620 10.574% $3,782,280 $3,782,280 +6.69%

Permit information for Standard Security Life Building - 485 Madison Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
06/12/2026 Alteration
06/03/2026 Alteration
03/06/2026 Alteration
12/24/2025 Alteration
11/17/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
12/08/2021 C-construction
12/07/2020 E-elevator elevatorrequired
12/07/2020 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Madison Ave & 53rd St at SE Corner
Station lines
E-M
Distance (miles)
0.058

Access the detailed traffic volume map for Standard Security Life Building - 485 Madison Avenue, New York, NY 10022 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for Standard Security Life Building - 485 Madison Avenue, New York, NY 10022?

The development at Standard Security Life Building - 485 Madison Avenue, New York, NY 10022 was built in 1929.

What is the market value of Standard Security Life Building - 485 Madison Avenue, New York, NY 10022?

The current market value of Standard Security Life Building - 485 Madison Avenue, New York, NY 10022 is $67,878,000.

What is the total square footage of Standard Security Life Building - 485 Madison Avenue, New York, NY 10022?

Standard Security Life Building - 485 Madison Avenue, New York, NY 10022 has a total of 244,668 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 29.

How many active listings does Standard Security Life Building - 485 Madison Avenue, New York, NY 10022 have?

This address has 7 active listing(s).

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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