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Rent/Lease Office 488 Madison Ave

Lease Office 488 Madison Ave

$ / SF SF Monthly Rent
Negotiable
$ / SF SF Monthly Rent
Negotiable

Rent Sublease Office at 488 Madison Ave

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 $ 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 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 West 56th 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 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 $ 531
2,300
$ 101,775
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Tipo de espacio Clase A/mes Clase B/mes Clase C/mes
Oficina con ventana/persona
Oficina interior/persona
Salas de equipo
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 $ 158
19,300
$ 253,312
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 $ 80
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 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
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 $ 70
6,200
$ 35,908
Madison Ave & East 49th Street $ 56
3,400
$ 15,739
E 48th St & Madison Avenue $ 55
4,600
$ 21,083
E 52nd St & Fifth Avenue $ 42
3,400
$ 12,041
W 57th St & Avenue of America $ 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
3,200
$ 24,880
E 61st St & Barclay Street $ 61
2,500
$ 12,708
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 $ 65
2,100
$ 11,375
E 56th St & Park Avenue South $ 59
1,900
$ 9,341
E 48th St & Madison Avenue $ 55
2,400
$ 11,000
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 $ 52
1,900
$ 8,233
Madison Ave & East 49th Street $ 65
2,000
$ 10,833
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 52
7,100
$ 31,062
Address $ / SF SF Monthly Rent
E 59th St & Madison Avenue $ 62
4,000
$ 20,500
E 59th St & Between 2nd Avenue $ 66
6,500
$ 35,479
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

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
Retail Tenants Rented / Leased 488 Madison Avenue
  • 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
Nearby Retail Tenants Leased
  • 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.
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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.

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

Retail Tenants Rented / Leased 488 Madison Avenue
  • 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

Nearby Retail Tenants Leased
  • 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
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
Retail Tenants Rented / Leased 488 Madison Avenue
  • 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
Nearby Retail Tenants Leased
  • 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

Argent Trading Testimonial

Argent Trading testimonial To Whom it May Concern: I have had the opportunity to work with Optimal Spaces Inc. (specifically, Stephen Sunderland) over the last 18 months. Stephen was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional space. However, Stephen found a space that exceeded my expectations and that was approximately 15% below current market rates for comparable space. An important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses in-depth knowledge of the New York City real estate market and is responsive and performs his work in a very professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is interested un building mutually beneficial business relationships. I am happy to recommend Optimal Spaces Inc. to other growing businesses, and I look forward to working with Optimal Spaces Inc. again. Sincerely, William Levitz President Argent Trading, LLC
🤝
Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

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?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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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