Key Details

Listed: Jan 6, 2023

Last Price Change: -5.4% ($155,000) on Feb 21

Days on Market: 498

Building Type: Condominium

Neighborhood: Midtown East (Manhattan)

Doorman: FT Doorman

Listing viewed 758 times

Monthly Common Charges: $3,299

Monthly Real Estate Taxes: $3,438

Total Taxes & Fees: $6,737 ($3.76/ft²)

Est. Monthly Mortgage: $16,465

Total Est. Monthly Carrying Cost: $23,202 ($12.94/ft²)

Note: the above is based on a down payment of 10% ($272,500), which is the minimum amount permitted by the building.

Insider Highlights

Stunning Views and Natural Light: The high floor condo offers spectacular views of the Manhattan skyline and St. Patrick’s Cathedral from its South and East exposures. The 9’ ceilings and floor-to-ceiling windows ensure ample natural light.
Spacious and Comfortable Living: The condo features a large living/dining room and bedrooms, individual room controlled HVAC, and electronic shades for comfort. The unit also includes an in-unit washer/dryer for added convenience.
Full-Service Luxury Building: The white glove luxury building offers a full-time doorman, attended lobby, concierge, resident storage, central AC, health club, rooftop terrace, lounge, outdoor entertainment space, courtyard, bike room, fireplaces, and a live-in superintendent.
Additional Amenities: The building also features a large arcade for entertainment and allows for Pied-a-terre and Corporate purchases. Resident storage and a mail room add to the convenience.
Security and Convenience: The full-time doorman ensures added security, while the close proximity to public transportation and subway stations offers easy commute. The building also houses high-quality retail for a convenient shopping experience.
Prime Location: This prestigious corner unit is located in the sought-after Midtown East neighborhood, close to world-class shopping and dining around Fifth Avenue, Rockefeller Center, Broadway, and Central Park. It also offers easy access to public transportation and high-quality retail in the vicinity.

Description

-SPECTACULAR VIEWS from this GLAMOROUS 2 Bed, 2.5 Bath, High Floor Condo.
-Coveted Corner Unit with South and East Exposures, 9’ Ceilings and Floor to Ceiling Windows!
-Grand scale Living/Dining room, HUGE Primary Bedroom and LARGE 2nd bedroom. Ample closet space.
-Individual room controlled HVAC, electronic shades and washer/dryer.
-World-class shopping and dining around Fifth Avenue - Saks, Rockefeller Center and a short walk to Broadway and Central Park.
-641 Fifth Avenue (Olympic Tower) is a Full Service White Glove Luxury Building. Fitness room on the 22nd floor. Pied-a-terre and Corporate purchases allowed.
-Sorry building does not allow Dogs.

Cats are allowed.
-Purchaser pays 1% flip tax that is submitted with the Purchase Application.

About Olympic Tower, 641 Fifth Avenue

Olympic Tower, 641 Fifth Avenue has received a CityRealty Rating of 90, based on:

Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

Out of 44

Out of 36

Out of 39

Out of 119

Architecture Rating: Points Breakdown

Exterior:

Very Distinguished 7 out of 8 points

Retail Quality:

High-End 5 out of 5 points

Canopy Entrance:

Attractive 2 out of 3 points

Alterations:

None 2 out of 2 points

Plaza Or Atrium:

Very Attractive 3 out of 3 points

Contextual Design:

No, but Very Good 3 out of 3 points

Skyline:

Highly Visible 2 out of 2 points

Local Visibility:

Highly Visible 2 out of 2 points

Watertank:

Attractively Enclosed 2 out of 2 points

Airconditioners:

Not Allowed 2 out of 2 points

Free Standing:

Corner 1 out of 2 points

Gargoyles:

None 0 out of 2 points

Garden:

None 0 out of 2 points

Fenestration:

Consistent 1 out of 1 points

Landmark:

No 0 out of 2 points

Unity:

Unified Design 1 out of 1 points

Illumination:

None 0 out of 1 points

Water Element:

Yes 1 out of 1 points

Location Rating: Points Breakdown

Street Ambience:

Outstanding 5 out of 5 points

Distance To Neighborhood Center:

Less than 10 blocks 5 out of 5 points

Views:

Dazzling 4 out of 4 points

Neighborhood Ambience:

Very Attractive 3 out of 3 points

Traffic Noise:

Considerable 1 out of 3 points

Protected Views:

Many 2 out of 2 points

Distance To Subway:

Less than 3 Short Blocks 2 out of 2 points

Firedepartment Noise:

No Noise 2 out of 2 points

Distance To Supermarket:

More than 5 Short Blocks 0 out of 2 points

Distance To Park:

Less Than 3 Short Blocks 2 out of 2 points

Distance To Water:

More than 6 Short Blocks 0 out of 2 points

Shopping:

5 or less Short Blocks 2 out of 2 points

Schools:

No Noise 1 out of 1 points

Noise From Nightlife:

None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:

Spacious 4 out of 5 points

Units Per Floor:

5-9 2 out of 5 points

Ceiling:

8-9 Feet 1 out of 4 points

Balconies:

None 0 out of 3 points

Health Club:

Yes, with Swimming Pool 2 out of 2 points

Private Gardens:

None 0 out of 2 points

Storage Rooms:

Minimal 1 out of 2 points

Bay Windows:

None 0 out of 1 points

Fireplaces:

None 0 out of 1 points

Door Person:

Yes 1 out of 1 points

Concierge:

Yes 1 out of 1 points

Elevator Person:

None 0 out of 1 points

Recreational Roof:

None 0 out of 1 points

Driveway:

None 0 out of 1 points

Maids Room:

None 0 out of 1 points

Catering:

None 0 out of 1 points

Garage:

Yes 1 out of 1 points

Mixed Use:

Yes 1 out of 1 points

Non Rectilinear Form:

No 0 out of 1 points

Unusual Layouts:

No 0 out of 1 points

Prewar:

No 0 out of 1 points

Other Amenities:

Many 2 out of 2 points

Condo
Built in 1975
229 Apartments
52 Floors

Building Amenities

Attended Lobby
Concierge
FT Doorman
High-Rise
Post War
Resident Storage
Central AC
Garden
Health Club
Rooftop Terrace
Washer/Dryer in building
Elevator
Mail Room
Lounge
Fitness Center
Outdoor Entertainment Space
Courtyard
In-Unit Washer/Dryer
Bike Room
Fireplaces
Live-In Superintendent
Terraces / Balconies

About this Building

Pros

Impeccable location
Good public transportation
Across avenue from Rockefeller Center
High-quality retail
Large arcade
Concierge
Floor-to-ceiling windows
Pioneering mixed-use building
Dazzling views
Close to Subway

Cons

Many apartments
No sidewalk landscaping
No balconies
No roof deck
Considerable traffic
Many tourists

Map View | Street View

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