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Rent/Lease Office 488 Madison Ave, New York, NY
Lease Office 488 Madison Ave
| $ / SF / Yr | SF | Monthly Rent |
|---|---|---|
| Negotiable |
| $ / SF / Yr | SF | Monthly Rent |
|---|---|---|
| Negotiable |
Rent Sublease Office at 488 Madison Ave
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 57th St & Avenue of the Americas | $ 111.5 | 25,000 |
$ 232,291 |
| Avenue of the Americas & West 55th Street | $ 64 | 7,300 |
$ 38,933 |
| Madison Ave & East 54th Street | $ 80 | 31,000 |
$ 206,666 |
| Madison Ave & East 60th Street | $ 89 | 9,500 |
$ 70,458 |
| Madison Ave & East 51st Street | $ 75 | 8,100 |
$ 50,625 |
| Avenue Of The Americas & West 47th Street | $ 58 | 10,000 |
$ 48,333 |
| Park Ave & East 57th Street | $ 160 | 10,800 |
$ 144,000 |
| Madison Ave & East 59th Street | $ 99 | 8,300 |
$ 68,475 |
| E 53rd St & Fifth Avenue | $ 79 | 12,200 |
$ 80,316 |
| Fifth Ave & West 52nd Street | $ 130 | 10,300 |
$ 111,583 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 54th Street | $ 85 | 5,600 |
$ 39,666 |
| Fifth Ave & East 56th Street | $ 85 | 4,400 |
$ 31,166 |
| Lexington Ave & East 50th Street | $ 54 | 4,000 |
$ 18,000 |
| Avenue of the Americas & West 55th Street | $ 62 | 6,200 |
$ 32,033 |
| Fifth Ave & West 52nd Street | $ 78 | 4,400 |
$ 28,600 |
| Madison Ave & East 49th Street | $ 69 | 5,500 |
$ 31,625 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 49th Street | $ 76.5 | 2,200 |
$ 14,025 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 60th St & Madison Avenue | $ 65 | 4,200 |
$ 22,750 |
| W 57th St & Avenue of the Americas | Negotiable | 5,100 |
Negotiable |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 57th St & Avenue of the Americas | Negotiable | 2,300 |
Negotiable |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | |||
| Interior office/person | |||
| Team Rooms | |||
| Suites |
Nearby office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 57th St & Avenue of the Americas | $ 105 | 15,800 |
$ 138,250 |
| Fifth Ave & East 55th Street | $ 157.5 | 19,300 |
$ 253,312 |
| Park Ave & East 58th Street | $ 125 | 11,300 |
$ 117,708 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Third Ave & East 49th Street | $ 50 | 4,300 |
$ 17,916 |
| Park Ave & East 54th Street | $ 79.5 | 3,500 |
$ 23,187 |
| Park Ave & East 58th Street | $ 125 | 4,000 |
$ 41,666 |
| Third Ave & East 49th Street | $ 73 | 3,800 |
$ 23,116 |
| Madison Ave & East 55th Street | $ 65 | 5,000 |
$ 27,083 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Third Ave & East 49th Street | $ 60 | 2,000 |
$ 10,000 |
| E 52nd St & Lexington Avenue | $ 64 | 2,400 |
$ 12,800 |
| Madison Ave & East 55th Street | $ 76 | 2,300 |
$ 14,566 |
| Madison Ave & East 48th Street | $ 70 | 1,800 |
$ 10,500 |
| Fifth Ave & West 47th Street | $ 73 | 1,900 |
$ 11,558 |
| Avenue of the Americas & West 51st Street | $ 84 | 2,200 |
$ 15,400 |
| Rockefeller Plz & West 50th Street | $ 92 | 1,600 |
$ 12,266 |
| Park Ave & East 56th Street | $ 98 | 1,900 |
$ 15,516 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 48th St & Avenue of the Americas | $ 58 | 12,500 |
$ 60,416 |
| 5th Ave & West 47th Street | $ 63 | 8,000 |
$ 42,000 |
| E 59th St & Madison Avenue | $ 180 | 9,700 |
$ 145,500 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 59th Street | $ 69.5 | 6,200 |
$ 35,908 |
| Madison Ave & East 49th Street | $ 55.55 | 3,400 |
$ 15,739 |
| E 48th St & Madison Avenue | $ 55 | 4,600 |
$ 21,083 |
| E 52nd St & Fifth Avenue | $ 42.5 | 3,400 |
$ 12,041 |
| W 57th St & Avenue of the Americas | $ 68 | 4,100 |
$ 23,233 |
| E 55th St & Third Avenue | $ 47 | 2,900 |
$ 11,358 |
| E 58th St & Third Avenue | $ 50 | 3,400 |
$ 14,166 |
| E 59th St & Second Avenue | $ 93.3 | 3,200 |
$ 24,880 |
| E 61st St & Second Avenue | $ 61 | 2,500 |
$ 12,708 |
| E 49th St & Between Fifth Avenue | $ 27 | 3,300 |
$ 7,425 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Lexington Ave & Lexington Avenue | $ 44.5 | 2,500 |
$ 9,270 |
| E 60th St & Madison Avenue | $ 55 | 1,600 |
$ 7,333 |
| Park Ave & East 59th Street | $ 65 | 2,100 |
$ 11,375 |
| E 56th St & Park Avenue | $ 59 | 1,900 |
$ 9,341 |
| E 48th St & Madison Avenue | $ 55 | 2,400 |
$ 11,000 |
| W 57th St & Avenue of the Americas | $ 67 | 1,600 |
$ 8,933 |
| E 60th St & Fifth Avenue | $ 54 | 2,200 |
$ 9,900 |
| E 58th St & Third Avenue | $ 52 | 1,900 |
$ 8,233 |
| Madison Ave & East 49th Street | $ 65 | 2,000 |
$ 10,833 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 47th St & Avenue of the Americas | $ 52.5 | 7,100 |
$ 31,062 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 59th St & Madison Avenue | $ 61.5 | 4,000 |
$ 20,500 |
| E 59th St & Between Second Avenue | $ 65.5 | 6,500 |
$ 35,479 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 47th St & Avenue of the Americas | $ 53 | 2,000 |
$ 8,833 |
Retail Spaces for Rent at 488 Madison Ave
Rent Retail 488 Madison Ave
Rent Medical Space at 488 Madison Ave
Office Tenants Rented / Leased 488 Madison Avenue
- Municipal Art Society Of NY leased 2,204 SF
- Schaffer, Schonholz & Dro… leased 1,000 SF
- Akabas & Sproule leased 8,000 SF
- Shanholt Glassman Klein… leased 15,534 SF
- SPORTFIVE leased 27,015 SF
- Grassi & Co leased 20,350 SF
- Shanholt Glassman Klein Kramer & Co leased 16,648 SF
- Omrani & Taub,Certain & Zilberg leased 8,268 SF
- Lagard leased 18,555 SF
- Grassi & Co. leased 10,311 SF
- Mephisto Shoes leased 1,854 SF
- Mighty Bowl leased 800 SF
- Mephisto leased 1,854 SF
Nearby Office Tenants Leased
- Citadel leased 200,000 SF at 425 Park Avenue
- Tommy Hilfiger leased 200,000 SF at 285 Madison Avenue
- PJT Partners, Inc. leased 198,840 SF at 280 Park Ave
- Mutual Of America leased 193,631 SF at 320 Park Ave
- National Basketball Associ… leased 193,117 SF at 645 Fifth Ave
- Discovery leased 190,000 SF at 850 Third Avenue
- Citibank leased 176,000 SF at 731 Lexington Ave
- City University of New York leased 170,953 SF at 205 East 42nd St
- Weill Cornell Medical Colle… leased 169,790 SF at 575 Lexington Ave
- VF Sportswear leased 168,000 SF at 40 West 57th St
- North Fork Bank leased 12,000 SF at 57 West 57th St
- Duane Reade leased 11,717 SF at 575 Lexington Ave
- Urbanspace leased 11,400 SF at 570 Lexington Avenue
- BNP Foods leased 11,000 SF at 290 Madison Ave
- Ann Taylor leased 11,000 SF at 600 Fifth Ave
- Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
- Madison Chophouse leased 10,700 SF at 3 East 54th Street
- Bill's Bar & Burger leased 10,000 SF at 1250 Sixth Ave
- Club Nebula leased 10,000 SF at 135 West 41st Street
- CVS Pharmacy leased 10,000 SF at 757 Third Ave
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 488 Madison Avenue. This trend is projected to continue. Opportunities for subleases remain available at 488 Madison Avenue and in the nearby Plaza District neighborhood.
Find My Space!
Thank you! we will be in touch.
Why Optimal Spaces Tenant Broker
- Lease negotiation: full terms, renewals, expansion options
- Cost analysis, inventory identification, negotiating scope
- Risk mitigation against hidden pitfalls
Cost Savings
- Negotiate 30+ leasing points to prevent hidden costs
- Save 10–15% on total leasing costs
- Save 100–200 hours filtering unviable spaces
- Property access via broker databases and networks (off-market, subleases, future availability)
Alone or With Other Brokers
- Managing agents owe a fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
- Inherent conflict of interest as most brokers represent landlords
- Risk of weaker terms and overlooked hidden costs
- Heavy workload falls on you while best spaces are missed
488 Madison Avenue, New York, NY Property Overview
| Building Address: | 488 Madison Ave, New York NY 10022 |
| Building Name: | Institutional Investors Building |
| Building Alternate Address: | 488 Madison Ave, New York, NY |
| Zip Code: | 10022 |
| Neighborhood: | Plaza District |
| Borough: | Manhattan |
| Stories: | 24 |
| Year Built: | 1949 |
| Building Class: | A |
| Block & lot: | 01287-0014 |
488 Madison Avenue, Manhattan, NYC - The Look Building
The Look Building, located at 488 Madison Avenue in Manhattan, was constructed between 1948 and 1950. It was designed by Emery Roth & Sons and developed by Uris Brothers. This 23-story structure is a notable example of mid-20th-century modern architecture, featuring a distinctive white brick façade and ribbon-like windows.
The building served as the headquarters for Look Magazine, a prominent publication known for its photography, until it ceased operations in 1971. Other notable tenants included Esquire Magazine and Witmark & Sons, where Bob Dylan recorded some of his earliest songs.
The Look Building is a testament to the post-war commercial expansion in Midtown Manhattan, reflecting the influence of European Modernism on American architecture. It underwent significant renovations in the late 1990s and again in 2016, preserving its original character while updating its facilities.
Today, the building remains a landmark in Manhattan's architectural landscape, offering a blend of historical significance and modern functionality.
488 Madison Avenue, also known as the Look Building, is a prominent office building located in the heart of Midtown Manhattan, New York City. Situated between 51st and 52nd Streets, it is near iconic landmarks like St. Patrick's Cathedral and Grand Central Terminal.
Originally designed by Emery Roth & Sons in the International Style, the building was constructed from 1948 to 1950. It features a distinctive white brick facade with horizontal strips of aluminum windows, creating a "light and cheerful" effect. The building's design includes setbacks to comply with the 1916 Zoning Resolution, adding to its architectural appeal.
The Look Building was once the headquarters of Look Magazine until its closure in 1971. Today, it remains a notable landmark in New York City, recognized for its architectural significance and added to the National Register of Historic Places in 2005.
488 Madison Avenue offers several key amenities:
- Attended Marble Lobby
- 24/7 Access
- Full Floor Identity
- Extensive Interior Renovations including new building lobby, retail facade, operable windows, and updated elevators
- Close Proximity to Mass Transit
- Picturesque Views of St. Patrick's Cathedral
488 Madison Avenue, a renowned Midtown Manhattan landmark, is home to a prestigious roster of tenants. Notable current and past tenants include:
- Akabas & Sproule
- Grassi & Co
- Hahn & Hessen
- Municipal Art Society Of NY
- Norman Bobrow & Co Inc.
- Shanholt Glassman Klein
- Esquire Magazine
- Institutional Investor
- Euromoney Publications
- Abbeville Press
This iconic building, designed by Emery Roth & Sons in 1949, offers stunning views of St. Patrick’s Cathedral and is strategically located near Grand Central Terminal, Rockefeller Center, and Central Park.
Internet Providers at 488 Madison Ave, Manhattan, NYC
Residents at 488 Madison Ave can access several top internet providers in Manhattan:
- Verizon Fios: Known for high speeds up to 2 Gbps and reliable fiber-optic service.
- Astound Broadband Powered by RCN: Offers cable and fiber services with competitive pricing and unlimited data.
- Spectrum: Provides widespread coverage with speeds up to 1 Gbps and no data caps.
- Optimum: Though not fully available in Manhattan, it offers the fastest speeds in NYC, up to 8 Gbps in select areas.
488 Madison Avenue, Manhattan, NYC is conveniently located near several transportation options:
- Subway: The nearest subway stations are 51 St (3-minute walk) and 5 Av/53 St (4-minute walk). Subway lines include 6, 6X, E, and M.
- Train: Grand Central Madison is a 4-minute walk away, offering access to various train lines.
- Bus: Nearby bus stops include E 50 St/Madison Av (1-minute walk) and Madison Av/E 51 St (2-minute walk). Bus lines BM2, BM3, BXM10, BXM4, and BXM8 are available.
Cross streets include East 51st Street and East 52nd Street.
Office Tenants Rented / Leased 488 Madison Avenue
- Municipal Art Society Of NY leased 2,204 SF
- Schaffer, Schonholz & Dro… leased 1,000 SF
- Akabas & Sproule leased 8,000 SF
- Shanholt Glassman Klein… leased 15,534 SF
- SPORTFIVE leased 27,015 SF
- Grassi & Co leased 20,350 SF
- Shanholt Glassman Klein Kramer & Co leased 16,648 SF
- Omrani & Taub,Certain & Zilberg leased 8,268 SF
- Lagard leased 18,555 SF
- Grassi & Co. leased 10,311 SF
- Mephisto Shoes leased 1,854 SF
- Mighty Bowl leased 800 SF
- Mephisto leased 1,854 SF
Nearby Office Tenants Leased
- Citadel leased 200,000 SF at 425 Park Avenue
- Tommy Hilfiger leased 200,000 SF at 285 Madison Avenue
- PJT Partners, Inc. leased 198,840 SF at 280 Park Ave
- Mutual Of America leased 193,631 SF at 320 Park Ave
- National Basketball Associ… leased 193,117 SF at 645 Fifth Ave
- Discovery leased 190,000 SF at 850 Third Avenue
- Citibank leased 176,000 SF at 731 Lexington Ave
- City University of New York leased 170,953 SF at 205 East 42nd St
- Weill Cornell Medical Colle… leased 169,790 SF at 575 Lexington Ave
- VF Sportswear leased 168,000 SF at 40 West 57th St
- North Fork Bank leased 12,000 SF at 57 West 57th St
- Duane Reade leased 11,717 SF at 575 Lexington Ave
- Urbanspace leased 11,400 SF at 570 Lexington Avenue
- BNP Foods leased 11,000 SF at 290 Madison Ave
- Ann Taylor leased 11,000 SF at 600 Fifth Ave
- Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
- Madison Chophouse leased 10,700 SF at 3 East 54th Street
- Bill's Bar & Burger leased 10,000 SF at 1250 Sixth Ave
- Club Nebula leased 10,000 SF at 135 West 41st Street
- CVS Pharmacy leased 10,000 SF at 757 Third Ave
Recent News About 488 Madison Avenue
Finnerty Economic Consulting, LLC. Testimonial
To Whom It May Concern:
My firm engaged Optimal Spaces when I searched for professional office space in New York City in 2005 and again in 2012 when the first lease expired and we decided to look for better office space in midtown Manhattan. I leased office space at 60 East 42"d Street in 2005 and office space at 122 East 42"d Street in 2012 with Stephen's assistance. When I sold my business to AlixPartners in 2014, I recommended that AlixPartners retain Optimal Spaces to negotiate a termination ofthe lease at 122 East 42"d Street.
I worked very closely with Stephen Sunderland, Senior Managing Director of Optimal Spaces, during both searches for office space as well as during the lease termination process. Stephen is very knowledgeable regarding the Manhattan office market. His advice proved crucial in negotiating two leases and securing the lease termination on favorable terms. He made himself available on short notice to view properties, and he identified a range of lease opportunities in various locations at different price points. I was able to benefit from his expertise to find suitable space without extensive searching.
I would not hesitate to recommend Stephen Sunderland and his firm to anyone who is searching for office space in Manhattan.
Very truly yours,
John D. Finnerty
Managing Principal
Office Buildings in Plaza District
- 630 Fifth Avenue
- 30 Rockefeller Plaza
- 1290 Avenue of the Americas
- 767 Fifth Avenue
- 345 Park Avenue
- 277 Park Avenue
- 399 Park Avenue
- 9 West 57th Street
- 660 Fifth Avenue
- 919 Third Avenue
- 601 Lexington Avenue
- 909 Third Avenue
- 299 Park Avenue
- 280 Park Avenue
- 55 East 52nd Street
- 599 Lexington Avenue
- 725 Fifth Avenue
- 731 Lexington Avenue
- 520 Madison Avenue
- 590 Madison Avenue
- 437 Madison Avenue
- 51 West 52nd Street
- 375 Park Avenue
- 885 Second Avenue
- 550 Madison Avenue
- 300 Park Avenue
- 320 Park Avenue
- 1230 Avenue of the Americas
- 31 West 52nd Street
- 425 Park Avenue
- 575 Lexington Avenue
- 40 West 57th Street
- 979 Third Avenue
- 12 East 49th Street
- 1 Rockefeller Plaza
- 757 Third Avenue
- 885 Third Avenue
- 875 Third Avenue
- 75 Rockefeller Plaza
- 65 East 55th Street
- 850 Third Avenue
- 110 East 59th Street
- 1350 Sixth Avenue
- 650 Madison Avenue
- 900 Third Avenue
- 350 Park Avenue
- 777 Third Avenue
- 825 Third Avenue
- 805 Third Avenue
- 535 Madison Avenue
- 150 East 58th Street
- 712 Fifth Avenue
- 745 Fifth Avenue
- 660 Madison Avenue
- 800 Third Avenue
- 1270 Avenue of the Americas
- 50 Rockefeller Plaza
- 575 Fifth Avenue
- 780 Third Avenue
- 717 Fifth Avenue
- 1330 Avenue Of The Americas
- 600 Fifth Avenue
- 570 Lexington Avenue
- 555 Madison Avenue
- 135 East 57th Street
- 641 Lexington Avenue
- 645 Fifth Avenue
- 750 Lexington Avenue
- 525 Lexington Avenue
- 950 Third Avenue
- 444 Madison Avenue
- 650 Fifth Avenue
- 575 Madison Avenue
- 730 Fifth Avenue
- 560 Lexington Avenue
- 445 Park Avenue
- 600 Madison Avenue
- 580 Fifth Avenue
- 40 East 52nd Street
- 515 Madison Avenue
- 510 Madison Avenue
- 845 Third Avenue
- 623 Fifth Avenue
- 10 East 53rd Street
- 1370 Avenue of the Americas
- 450 Park Avenue
- 595 Madison Avenue
- 477 Madison Avenue
- 640 Fifth Avenue
- 711 Fifth Avenue
- 485 Madison Avenue
- 600 Lexington Avenue
- 767 Third Avenue
- 499 Park Avenue
- 150 East 52nd Street
- 10 Rockefeller Plaza
- 540 Madison Avenue
- 390 Park Avenue
- 125 W 57th St
- 1212 Avenue of the Americas
- 1011 First Avenue
- 460 Park Avenue
- 163-165 East 52nd Street
- 505 Park Avenue
- 130 East 59th Street
- 57 West 57th Street
- 425 East 61st Street
- 579 Fifth Avenue
- 14 East 60th Street
- 609 Fifth Avenue
- 30 East 60th Street
- 830 Third Avenue
- 133 East 58th Street
- 155 East 55th Street
- 15 West 47th Street
- 45 W 53rd St
- 64 West 48th Street
- 18 East 48th Street
- 16 East 52nd Street
- 425 Madison Avenue
- 590 Fifth Avenue
- 26-40 W 54th St
- 48 West 48th Street
- 309-315 East 48th Street
- 328-330 East 62nd Street
- 24-26 West 57th Street
- 1 East 57th Street
- 30 Central Park S
- 120 East 56th Street
- 71 West 47th Street
- 424 Madison Avenue
- 49-55 West 47th Street
- 306 East 61st Street
- 20 West 55th Street
- 592 Fifth Avenue
- 22 West 48th Street
- 37 West 57th Street
- 50 West 57th Street
- 110 East 55th Street
- 18-20 East 50th Street
- 6 West 57th Street
- 724 Fifth Avenue
- 60 East 56th Street
- 1124-1128 First Avenue
- 42 West 48th Street
- 315 East 62nd Street
- 936-938 Third Avenue
- 145 East 57th Street
- 25 West 52nd Street
- 6 West 48th Street
- 20-24 East 60th Street
- 3-5 West 57th Street
- 232 East 59th Street
- 121 East 60th Street
- 7-9 West 51st Street
- 160 East 56th Street
- 420 Madison Avenue
- 5 East 57th Street
- 1114 First Avenue
- 5 East 59th Street
- 1011-1029 Third Avenue
- 135 East 55th Street
- 587 Fifth Avenue
- 59 East 54th Street
- 215 East 58th Street
- 601 Madison Avenue
- 677 Fifth Avenue
- 155 East 48th Street
- 1153-1167 First Avenue
- 30 West 56th Street
- 139 East 57th Street
- 60 West 55th Street
- 124 E 63rd St
- 49 West 57th Street
- 17 East 48th Street
- 604 Fifth Avenue
- 1200 Avenue of the Americas
- 22 East 49th Street
Commercial space for lease
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
Find My Space!