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Olympic Tower, 641 Fifth Avenue, #27G

$2,750,000 ($1,808 per ft2) | 2 beds, 2 baths | Approx. 1,521 ft2
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50 days on Market

Key Details

  • Listed: Mar 8, 2024
    Days on Market: 50
    Building Type: Condominium
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $2,800
Monthly Real Estate Taxes: $2,915
Total Taxes & Fees: $5,715 ($3.76/ft2)
Est. Monthly Mortgage: $17,086
Total Est. Monthly Carrying Cost: $22,801 ($14.99/ft2)
Note: the above is based on a down payment of 10% ($275,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This property is situated in the prestigious Midtown East, within walking distance to iconic landmarks such as St. Patrick’s Cathedral, Rockefeller Center, and Fifth Avenue. It's also close to the best shopping, restaurants, and public transportation in the city.
  • Stunning Views and Luxurious Interiors: Every room offers breathtaking panoramic views of the city skyline, thanks to the 9 feet floor-to-ceiling soundproof windows. The expansive living room features gleaming hardwood floors, and the luxurious marble bathrooms include a soaking tub, double sink, and a glass stall shower in the Master Suite.
  • Designed by Renowned Developers: This property was developed by Aristotle Onassis and designed by the esteemed architectural firm, Skidmore, Owings & Merrill, ensuring a high standard of quality and design.
  • Unrivaled Amenities: The full-service, 5-star luxury building provides unrivaled amenities such as white-gloved attendants, 24-hour concierge, a fully equipped gym, and unparalleled security. Additional building amenities include an attended lobby, 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, and terraces/balconies.
  • Comfort and Convenience: The 4-Pipe HVAC system provides year-round zoned heating and cooling, with each room having a separate thermostat and automatic privacy window shades for maximum comfort.
  • Excellent Investment Opportunity: This property represents an excellent investment opportunity, with corporate purchases and pied-a-terre purchasers permitted.

Description

Presenting Residence #27G at the prestigious Olympic Tower Condominium. Boasting 1,521 SQFT, this impeccable home offers 2 beds and 2 baths. Every room in this residence faces south, offering breathtaking panoramic views of the city skyline, including iconic landmarks such as St. Patrick’s Cathedral, Rockefeller Center, and Fifth Avenue leading all the way to the Freedom Tower.

The expansive living room is flooded with natural light from floor-to-ceiling windows, complemented by gleaming hardwood floors throughout.

Marble accents elevate both bathrooms, while the oversized Master Suite indulges with a luxurious marble bathroom, complete with a soaking tub, double sink, and a glass stall shower.

Developed by Aristotle Onassis and designed by Skidmore, Owings & Merrill, the Olympic tower is one of the top white glove full-service, 5-star luxury buildings in Manhattan. This 51-story high-rise has unrivaled building amenities, including white-gloved attendants, Abigail Michael’s 24-hour concierge, a fully equipped gym, and unparalleled security. Located just north of Saint Patrick’s Cathedral, the building’s location is at the nexus of the best shopping and restaurants in the city.

UNIT IS VIRTUALLY STAGED.

IMPORTANT FACTS:
- Excellent Investment Opportunity
- Sorry, no pets. 1% transfer fee paid by the buyer.
- Corporate purchases and pied-a-terre purchasers are permitted.
- The 4-Pipe HVAC system provides year round zoned heating and cooling.
- Each room has a separate thermostat and automatic privacy window shades
- 9 feet floor to ceilings sound proof windows

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Apartment Amenities

  • Southern Exposures

Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About Olympic Tower, 641 Fifth Avenue

90

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

34
Out of 44
+
30
Out of 36
+
16
Out of 39
+
10
=
90
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

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

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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
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Subways

  1. M
  2. E
at 5th Ave and 53rd 0.08 miles
  1. 6
at Lexington Ave 0.25 miles
  1. B
  2. D
  3. F
at 6th Ave and 51st 0.28 miles
  1. N
  2. Q
  3. R
at 5th Ave and 60th 0.42 miles
  1. 1
at Broadway 0.45 miles
  1. 4
  2. 5
  3. 7
at Madison Ave and 42nd 0.47 miles

Aerial Imagery

 

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