| Building name | Grand Central Square |
| Primary address | Grand Central Square - 485 Lexington Avenue |
| Secondary address | 127-155 E 46th St |
| Neighborhood | Turtle Bay |
| Zip code | 10017 |
| Borough | Manhattan |
| Block & lot | 01301-0023 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 09/26/2018 |
| Purchase price | $782,703 |
| Tax class | Register |
| Estimated property tax | $12,574,659 |
| Lot sq. ft. | 46,141 |
| Lot dimensions | |
| Property type | Office Only with or without Commercial - 20 Stories or More (O4)
|
| Building sqft | 743,789 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 30 |
| Year built | 1957 |
| Year last altered | 2013 |
| Construction type | Register |
| School district | 2 |
| Community district | 6 |
| Closest police station | 0.21 Miles |
| Closest fire station | 0.34 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Office Only with or without Commercial - 20 Stories or More (O4) located at Grand Central Square - 485 Lexington Avenue, New York, NY 10017 has a total of 743,789 square feet and a current price per square foot of $1.
What is the year built & the current market value of Grand Central Square - 485 Lexington Avenue, New York, NY 10017?Grand Central Square - 485 Lexington Avenue, New York, NY 10017 was built in 1957 and has a current tax assessor's market value of $260,589,000.
How many commercial spaces does this building have?This building has 30 commercial spaces available for lease. There are 11 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Lease |
|---|---|
| Last updated | 05/07/2026 |
| Lot size | 1.06 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 485 Lexington Avenue #300 | General Office | Listing price not available | 33,176 | David M. Kaufman Zach Freeman Paul N. Glickman Diana L. Biasotti Christine Colley Kristen Morgan Kate Roush Alexander Chudnoff |
| 485 Lexington Avenue Ground Floor | General Office | Listing price not available | 2,084 | David M. Kaufman Zach Freeman Diana L. Biasotti Paul N. Glickman Kristen Morgan Christine Colley Alexander Chudnoff Kate Roush |
| 485 Lexington Avenue 31st Floor | General Office | Listing price not available | 14,078 | David M. Kaufman Zach Freeman Diana L. Biasotti Paul N. Glickman Kristen Morgan Christine Colley Alexander Chudnoff Kate Roush |
| 485 Lexington Avenue 32nd Floor | General Office | Listing price not available | 8,811 | David M. Kaufman Zach Freeman Diana L. Biasotti Paul N. Glickman Kristen Morgan Christine Colley Alexander Chudnoff Kate Roush |
| 485 Lexington Avenue 5th Floor | General Office | Listing price not available | 44,545 | David M. Kaufman Zach Freeman Paul N. Glickman Diana L. Biasotti Kristen Morgan Christine Colley Alexander Chudnoff Kate Roush |
| 4th Floor | General Office | Listing price not available | 28,276 | Jacob Stern Daniel Horowitz Jeffrey Peck |
| 485 Lexington Avenue 2nd Floor | General Office | Listing price not available | 54,199 | Zach Freeman David M. Kaufman Paul N. Glickman Diana L. Biasotti Kristen Morgan Alexander Chudnoff Christine Colley Kate Roush |
| 4th Floor | General Office | Listing price not available | 14,566 | Jacob Stern Daniel Horowitz Jeffrey Peck Simon Chu Yoni Bettinger |
| 485 Lexington Avenue 23rd Floor | General Office | Listing price not available | 14,206 | David M. Kaufman Zach Freeman Diana L. Biasotti Paul N. Glickman Kristen Morgan Christine Colley Alexander Chudnoff Kate Roush |
| 485 Lexington Avenue 6th Floor | General Office | Listing price not available | 44,493 | Zach Freeman David M. Kaufman Paul N. Glickman Diana L. Biasotti Kristen Morgan Alexander Chudnoff Christine Colley Kate Roush |
| 485 Lexington Avenue 24th Floor | General Office | Listing price not available | 14,206 | David M. Kaufman Zach Freeman Diana L. Biasotti Paul N. Glickman Kristen Morgan Christine Colley Alexander Chudnoff Kate Roush |
Create a free account to view the complete sales history for 485 Lexington Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
*Here are the three most recent sales for this property.
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.
R: Recorded date
D: Document date
Access detailed property tax data for Grand Central Square - Grand Central Square - 485 Lexington Avenue, New York, NY 10017. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $12,720,913 |
| Estimated property tax: | $12,574,659 |
| Tax assessor's market value: | $260,589,000 |
| Assessed value: | $117,265,050 |
Here's the assessment & property tax history for 485 Lexington 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 | $260,589,000 | $117,265,050 | $117,265,050 | 10.848% | $12,720,913 | $12,720,913 | +1.19% |
| 2024/25 | $259,588,900 | $116,815,000 | $116,815,000 | 10.762% | $12,571,630 | $12,571,630 | -0.84% |
| 2023/24 | $265,985,000 | $119,693,250 | $119,693,250 | 10.592% | $12,677,909 | $12,677,909 | -1.87% |
| 2022/23 | $269,688,900 | $121,360,005 | $121,360,000 | 10.646% | $12,919,986 | $12,919,986 | +2.15% |
| 2021/22 | $261,335,000 | $117,600,750 | $117,600,750 | 10.755% | $12,647,961 | $12,647,961 | -15.82% |
The complete history of permits filed for 485 Lexington 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.
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.
Check out recently sold homes in Manhattan and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Lexington Ave & 43rd St at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | GS-4-5-6-7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.184 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Lexington Av/E 47 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M101 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.034 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for Grand Central Square - Grand Central Square - 485 Lexington Avenue, New York, NY 10017.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 750 3rd Ave, New York | 761,384 | 11/01/2017 | $28,050,000 |
| 129 E 47th St, New York | 7,121 | 04/18/2000 | |
| 137 E 45th St, New York | 4,800 | 11/26/1999 | |
| 160 E 46th St, New York | 6,632 | 09/01/2006 | $4,653,564 |
| 245 Park Ave, New York | 1,586,876 | 10/02/2020 | |
| 154 E 46th St, New York | 18,810 | 03/29/2001 | |
| 150 E 46th St, New York | 5,236 | 11/15/2001 | |
| 277 Park Ave, New York | 1,760,893 | ||
| 123 E 47th St, New York | 3,864 | 02/08/2022 | $8,500,000 |
| 143 E 47th St, New York | 5,839 | 07/14/2015 | |
| 125 E 47th St, New York | 3,813 | 02/08/2022 | $8,500,000 |
| 152 E 46th St, New York | 4,830 | 11/17/2016 | |
| 140 E 46th St, New York | 131,175 | 02/01/2002 | |
| 148 E 46th St, New York | 4,882 | 05/16/1997 | |
| 131 E 45th St, New York | 7,036 | 11/15/2001 | |
| 501 Lexington Ave, New York | 92,501 | 10/31/2025 | $19,962,800 |
| 146 E 46th St, New York | 6,340 | 11/15/2001 |
