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Olympic Tower, 641 Fifth Avenue

between 51st Street & 52nd Street   |    Midtown East

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Olympic Tower?
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Key Details

  • Condo
  • Built in 1975
  • 229 Apartments
  • 52 Floors
  • Size From # avail
  • 1 Bed $2,595,000 5
  • 2 Beds $3,750,000 3
  • 3 Beds $4,095,000 4
  • 6+ Beds $35,000,000 1
  • Last updated Aug 22, 2017
  • View apartments for sale
$2,410 Avg. Price / Ft2
$97 Avg. Price / Ft2
Show Furnished Info Hide Furnished Info
  • Size Avg. Price # Sold
  • 1 BED $2,585,297 8
  • 2 BEDS $3,847,917 6
  • Avg. Price based on 14 closings during past 12 months Last updated Aug 24, 2017
  • View all recent sales
$2,104 Avg. Price / Ft2

Overview

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
  • #13 Rated condo - Midtown
  • #6 Rated condo - Midtown East
How was this building rated?

The 52-story Olympic Tower at 641 Fifth Avenue in Midtown is situated between 51st and 52nd Streets and was developed by Aristotle Onasis. Its 226 apartments are located in the top 29 floors and have large windows that offer expansive views of the Manhattan skyline and St. Patrick’s Cathedral. Residences also feature varied layouts, 9-foot-high ceilings, enclosed kitchens and elegant bathrooms.

Olympic Tower amenities include elevator attendants, 24-hour concierge service, a gym, a barber, a hair salon, a bicycle room, a fitness center, and – in the event of a power outage – emergency electric power. It also is close to the shops and restaurants along Fifth Avenue and such cultural attractions as the Museum of Modern Art. 

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Apts For sale AT 641 Fifth Avenue (13)

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Apts For rent AT 641 Fifth Avenue (4)

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Nearby Subway Stations

  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

Carter Horsley's Review

Olympic Tower, 641 Fifth Avenue Carter Horsley's Building Review
"Olympic Tower was the city’s first major mixed-use tower in midtown when it was built in 1976 at 641 Fifth Avenue on the northeast corner at 51st Street." Read Carter's Full Review

The pros & cons

Pros
  • Impeccable location
  • Dazzling views
  • Close to Subway
  • Good public transportation
  • Across avenue from Rockefeller Center
  • High-quality retail
  • Large arcade
  • Concierge
  • Floor-to-ceiling windows
  • Pioneering mixed-use building
Cons
  • Many apartments
  • No sidewalk landscaping
  • Considerable traffic
  • Many tourists
  • No roof deck
  • No balconies
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Famous Residents at Olympic Tower, 641 Fifth Avenue

 

Olympic Tower, 641 Fifth Avenue Aerial Imagery

 

Olympic Tower Video

Pricing Comparison of Similar Buildings

View Detailed Comparison

Olympic Tower, 641 Fifth Avenue - 10 year Sales History

View Full Sales History
 

Olympic Tower, 641 Fifth Avenue 12 Month Sales Summary

View By Apartment Sizes
Past 12 Months
$2,104
AVG Price / ft2, based on 14 Sales
 

Loading Recent Closings Table

Olympic Tower, 641 Fifth Avenue Alternate Addresses

  • 641-645 5 Avenue
  • 645-53 5 Avenue
  • 641 5
  • 645 5 Avenue

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In the Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 245 Available for Sale
  • $2,606 Avg. Price / Ft2
  • $6,385,446 Avg. Price
  • $3,495,000 Median Price
  1. Most Expensive 432 Park Avenue Apt PH95 | $82,000,000
    Price / ft2 $9,933
  2. Least Expensive The St Regis Apt 809 | $160,000
    Price / ft2 $360
Not enough data available to generate chart.
  • 114 Available for Rent
  • $79 Avg. Price / Ft2
  • $11,085 Avg. Price
  • $6,200 Median Price
  1. Most Expensive 432 Park Avenue Apt 86A | $80,000
    Price / ft2 $238
  2. Least Expensive The Hawthorne Apt 4H | $2,300
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 301 Total Sales
  • $2,319 Avg. Price / Ft2
  • $5,205,144 Avg. Price
  • $2,450,000 Median Price
  1. Most Expensive 432 Park Avenue Apt 96 | $87,660,898
    Price / ft2 $10,619
  2. Least Expensive 334 East 54th Street Apt 3F | $394,000
    Price / ft2 $635

Similar Buildings

 
cityrealty insider access Interested in
off-market listings at
Olympic Tower?
find out more
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