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Rent/Lease Office 488 Madison Ave

Lease Office 488 Madison Ave

$ / SF SF Monthly Rent
Negotiable
7,300
Negotiable
Please notify me when a new space is available
$ / SF SF Monthly Rent
Negotiable
5,600
Negotiable
$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
W 57th St & Avenue of the Americas $ 112
25,000
$ 232,291
Avenue of the Americas & West 55th Street West 56th Street $ 63
7,300
$ 38,325
Madison Ave & East 54th Street $ 80
31,000
$ 206,666
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
Fifth Ave & West 52nd Street $ 130
10,300
$ 111,583
Address $ / SF SF Monthly Rent
Park Ave & East 54th Street $ 85
5,600
$ 39,666
Fifth Ave & East 56th Street $ 85
6,600
$ 46,750
Lexington Ave & East 50th Street $ 54
4,000
$ 18,000
Avenue of the Americas & West 55th Street West 56th Street $ 62
6,200
$ 32,033
Madison Ave & East 49th Street $ 69
5,500
$ 31,625
Address $ / SF SF Monthly Rent
Madison Ave & East 49th Street $ 76
2,200
$ 14,025
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 60th St & Madison Avenue $ 65
4,200
$ 22,750
W 57th St & Avenue of America $ 531
5,100
$ 225,675
Address $ / SF SF Monthly Rent
W 57th St & Avenue of America $ 532
2,300
$ 101,870
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF 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 SF Monthly Rent
W 57th St & Avenue of the Americas $ 105
15,800
$ 138,250
Fifth Ave & East 55th Street $ 157
19,300
$ 252,508
Park Ave & East 58th Street $ 125
11,300
$ 117,708
Address $ / SF SF Monthly Rent
Third Ave & East 49th Street $ 50
4,300
$ 17,916
Park Ave & East 54th Street $ 81
3,500
$ 23,625
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 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 51th 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
Fifth Ave & West 55th Street West 56th Street $ 165
2,300
$ 31,625
Address $ / SF 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 SF Monthly Rent
Park Ave & East 59th Street $ 68
6,200
$ 35,391
Madison Ave & East 49th Street $ 56
3,400
$ 15,739
E 52nd St & Fifth Avenue $ 44
3,400
$ 12,466
W 57th St & Avenue of America $ 68
4,100
$ 23,404
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
3,200
$ 24,880
E 59th St & Madison Avenue $ 170
4,600
$ 65,166
E 61st St & Barclay Street $ 60
2,500
$ 12,500
E 49th St & Between 5th Avenue $ 27
3,300
$ 7,425
Address $ / SF SF Monthly Rent
Lexington Ave & Lexington Avenue $ 44
2,500
$ 9,270
E 60th St & Madison Avenue $ 55
1,600
$ 7,333
Park Ave & East 59th Street $ 63
2,100
$ 11,025
E 56th St & Park Avenue South $ 59
1,900
$ 9,341
W 57th St & Avenue of America $ 67
1,600
$ 8,933
E 60th St & Fifth Avenue $ 54
2,200
$ 9,900
E 58th St & Third Avenue $ 50
1,900
$ 7,916
Madison Ave & East 49th Street $ 63
2,000
$ 10,500
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 52
7,100
$ 30,766
Address $ / SF SF Monthly Rent
E 59th St & Madison Avenue $ 62
4,000
$ 20,500
E 59th St & Between 2nd Avenue $ 67
6,500
$ 36,291
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 53
2,000
$ 8,833

Retail Spaces for Rent at 488 Madison Ave

Rent Medical Space at 488 Madison Ave

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.
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488 Madison Avenue nyc
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488 Madison Avenue Property Overview

Building Address: 488 Madison Ave, New York NY 10022
Building Name: Institutional Investors Building
Building Alternate Address: 488 Madison Ave
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.


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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.

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