Commercial condominium · Midtown, Manhattan

Look Building

488 Madison Avenue, New York, NY 10022

The Look Building (488 Madison Avenue) is a 23-floor commercial condominium in Midtown, Manhattan, built in 1950, with about 235,000 square feet of office space according to city records.

Also at 15-23 East 51st Street, 24 East 52nd Street and 484-492 Madison Avenue.

Office space
235K SF
Floors
23
Year built
1950
Zoning
C5-3

Office space next to its nearest neighbors

  1. 477 Madison Avenue1 min walk251K SF
  2. 485 Madison Avenue1 min walk235K SF
  3. Look BuildingThis building235K SF
  4. 16 East 52nd Street1 min walk82K SF

The 153rd largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors

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Compared with its neighbors

How the Look Building compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, the Look Building ranks 5th of 7 by office floor area. It went up in 1950; the median neighbor dates from 1941. Its estimated property tax, about $11.98 a square foot of floor area before abatements, is below the neighbors' median of $20.05.

The Look Building and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
Look Building, 488 Madison AvenueThis building235K SF231950$11.98n/a
16 East 52nd Street1 min walk82K SF161927$13.69n/a
485 Madison Avenue1 min walk235K SF241929$13.54n/a
477 Madison Avenue1 min walk251K SF231954$21.10Jun 2019, $155M
503 Madison Avenue1 min walk158K SF301929$19.00n/a
510 Madison Avenue1 min walk283K SF302007$41.09n/a
10 East 53rd Street1 min walk361K SF381971$21.82Aug 2026, $310M
The 153rd largest of the 351 office buildings we track in Midtown: see the full list

Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Building name
Look Building
Other addresses
15-23 East 51st Street; 24 East 52nd Street; 484-492 Madison Avenue
ZIP code
10022
Building type
Commercial condominium (city class RC)
Total floor area
363,339 SF
Commercial floor area
259,137 SF
Office
235,119 SF
Retail
24,018 SF
Height
23 floors
Average floor
About 15,800 SF (floor area divided by floors)
Year built
1950
Lot area
21,590 SF
Zoning district
C5-3
Built FAR
16.83
Max commercial FAR
15
Landmark status
Individual landmark
Tax lot (BBL)
1012877502

Nearest subway

  • 5 Av/53 St2 min walk · Not accessible
  • 51 St4 min walk · Accessible station · connects to Lexington Av/53 St
  • 47-50 Sts-Rockefeller Ctr6 min walk · Accessible station

Nearby large buildings

All 89 large office buildings on Madison Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; building name from the NYC Landmarks Preservation Commission (below); subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.

NYC storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered 11 storefronts at the Look Building for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2025
11
Vacant that day
0
Share vacant here
0.0%
Share vacant across Midtown
14.3%
Share vacant along Madison Avenue
10.4%
Share vacant citywide
9.2%
Condominium tax lots that filed
1

Vacant on December 31, by year

  • 2019None registered
  • 2020None registered
  • 2021None registered
  • 2022None registered
  • 2023None registered
  • 2024None registered
  • 20250 of 11

Bars show the share of the lot's registered storefronts that stood vacant.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, summed over the condominium's unit lot that filed, as the owners filed them. The 2025 filing was due June 1, 2026, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.

NYC Department of Finance records

Owner, property tax and assessed value

The Look Building is a condominium of 9 tax lots. 488 MADISON AVE ASSOCIATES, one of 2 owners of record on the roll, owns the units that make up 69% of its market value. For tax year 2026/27 the city values the Look Building at $129.2 million and assesses it at $58.1 million. After phase-ins and exemptions its taxable value is $40.1 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $4.35 million a year before abatements, roughly $11.98 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.

Largest unit owner
488 MADISON AVE ASSOCIATES (69% of market value)
Tax class
Class 4 (commercial and industrial)
City market value
$129,203,003
Land market value
$32,100,002
Assessed value
$58,141,353
Taxable value (phased in)
$58,136,891
Exemptions
$18,021,372
Estimated yearly tax
About $4.35 million
Tax per SF of floor area
About $11.98
Condominium tax lots
9
Owners of record
2
How Midtown compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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How to find who owns any NYC building

Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll, summed over 9 condominium tax lots; owner names as the roll records them, which cuts some long names short), pulled 2026-10-16; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.

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SEC filings (EDGAR)

Companies with offices here

One investment manager gives 488 Madison Avenue as its office address in SEC filings.

Investment manager

Office address on their latest 13F holdings report

  • Cordoba Advisory Partners LLC13F, Jul 2026

Source: U.S. Securities and Exchange Commission, EDGAR, Financial Statement Data Sets (2025 Q4 to 2026 Q3) and Form 13F Data Sets (through August 2026), pulled 2026-10-24; names as filed. The address is the one each company reports to the SEC. This is not a tenant roster: private companies and most smaller firms do not file with the SEC, a company can report a building it owns, and an address can trail a move by a quarter. Care-of addresses, blank check companies and asset-backed issuers are left out.

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Landmarks Preservation Commission records

Architecture and history

The Look Building was designed by Emery Roth & Sons and built in 1948-1950 in the European Modernism style. The Landmarks Preservation Commission designated it a New York City landmark on July 27, 2010.

Architect
Emery Roth & Sons
Constructed
1948-1950
Style
European Modernism
Primary material
Steel frame
Built as
Office building
City landmark
Look Building: individual landmark, designated July 27, 2010 (LP-02376)

Source: NYC Landmarks Preservation Commission, Individual Landmark Sites and Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-16. A designation can cover part of a lot, such as a facade or a lobby interior.

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Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

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Questions about Look Building

How big is the Look Building?

The Look Building has about 363,000 square feet of floor area in total, including 235,000 square feet of office and 24,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was the Look Building built?

The Landmarks Preservation Commission's building records date the Look Building to 1948-1950, designed by Emery Roth & Sons. The building is 23 floors tall.

Who designed the Look Building?

Emery Roth & Sons, according to the Landmarks Preservation Commission's building records, which list the style as European Modernism and its original use as an office building.

Is the Look Building a New York City landmark?

Yes. The Landmarks Preservation Commission designated the Look Building an individual landmark on July 27, 2010 (LP-02376). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.

What is the address of the Look Building?

The Look Building is at 488 Madison Avenue in Midtown, Manhattan. City records list 15-23 East 51st Street, 24 East 52nd Street and 484-492 Madison Avenue on the same tax lot (BBL 1012877502). A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 488 Madison Avenue?

488 Madison Avenue is in ZIP code 10022, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Look Building is at 488 Madison Avenue, New York, NY 10022, in Midtown.

What is the zoning at the Look Building?

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 16.83 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to the Look Building?

The closest subway station to the Look Building is 5 Av/53 St (the E and F trains), about 450 feet away in a straight line, roughly 2 minutes on foot. Also nearby: 51 St (the 6, E and F trains, connected to Lexington Av/53 St), 4 min walk; 47-50 Sts-Rockefeller Ctr (the B, D, F and M trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns the Look Building?

The Look Building is a condominium of 9 tax lots. 488 MADISON AVE ASSOCIATES, one of 2 owners of record on the roll, owns the units that make up 69% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1012877502). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.

Who are the tenants at the Look Building?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at the Look Building. One investment manager files 13F holdings reports from the address: Cordoba Advisory Partners LLC. Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.

What are the property taxes at the Look Building?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $40.1 million for the Look Building (the sum of its 9 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $4.35 million a year, roughly $11.98 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012877502 show the actual bill.

What is the assessed value of the Look Building?

For tax year 2026/27, the NYC Department of Finance puts the market value of the Look Building at $129.2 million ($32.1 million of it land) and its assessed value at $58.1 million, the 45% of market value the city assesses for Class 4 property.

Are there vacant storefronts at the Look Building?

Owners registered 11 storefronts at the Look Building for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

Is there office space for lease at the Look Building?

No space at 488 Madison Avenue is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 783 Madison 4th Floor in the Upper East Side (994 SF, $66.40/SF/yr). Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.

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