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Olympic Tower, 641 Fifth Avenue, #40E

$3,495,000 ($1,949 per ft2) | 2 beds, 3 baths | Approx. 1,793 ft2
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39 days on Market

Key Details

  • Listed: Mar 19, 2024
    Days on Market: 39
    Building Type: Condominium
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 104 times
Monthly Common Charges: $3,299
Monthly Real Estate Taxes: $3,438
Total Taxes & Fees: $6,737 ($3.76/ft2)
Est. Monthly Mortgage: $21,714
Total Est. Monthly Carrying Cost: $28,451 ($15.87/ft2)
Note: the above is based on a down payment of 10% ($349,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Location and Building: This high-floor residence is located in the iconic Olympic Tower in Midtown East, a full-service white glove condominium with amenities including doorman, concierge, gym, valet parking, and package room. The building also offers an attended lobby, resident storage, central AC, garden, health club, rooftop terrace, elevator, mail room, lounge, fitness center, outdoor entertainment space, courtyard, bike room, fireplaces, live-in superintendent, and terraces/balconies.
  • Interior and Renovations: The recently updated corner two-bedroom home boasts new wood floors throughout, 9’ ceiling heights, abundant outfitted closets, all new doors and trim, new hardware, new crown moldings, and central A/C with Nest thermostats. The unit also includes a washer/dryer.
  • Size and Layout: The spacious 1,793 square foot residence features two bedrooms each with its own en-suite marble bathroom and a convenient powder room for guests.
  • Kitchen: The well-appointed windowed eat-in kitchen is equipped with top-of-the-line Miele and Subzero appliances.
  • Views and Light: The home offers an abundance of natural light from the south and east exposures and expansive 9’ floor-to-ceiling windows with motorized shades. It also provides panoramic views of iconic landmarks including the Empire State Building, St. Patrick’s Cathedral, and the East River.
  • Nearby Attractions: The property is close to the shops and restaurants along Fifth Avenue and cultural attractions such as the Museum of Modern Art. Corporate purchases and pieds-a-terre are permitted.

Description

Recently Updated Corner Two-Bedroom at Olympic Tower Welcome to this recently updated corner two-bedroom home with breathtaking views at the iconic Olympic Tower. As you step into this high-floor, 1,793 square foot residence, you’re greeted by an abundance of natural light flooding in from the south and east exposures, creating a bright and inviting atmosphere throughout. The expansive 9’ floor-to-ceiling windows outfitted with motorized shades showcase panoramic views of iconic landmarks including the Empire State Building, St. Patrick’s Cathedral, and the serene East River. The well-appointed windowed eat-in kitchen is a chef’s delight, featuring top-of-the-line Miele and Subzero appliances, perfect for preparing meals and entertaining guests. Boasting two spacious bedrooms offering views of the Empire State Building, each with its own en-suite marble bathroom, this home offers ultimate privacy and comfort.

Additionally, a convenient powder room is available for guests. Other features include: new wood floors throughout, 9’ ceiling heights, abundant outfitted closets, all new doors and trim, new hardware, new crown moldings, central A/C with Nest thermostats, and washer/dryer in the unit. Developed by Aristotle Onassis and designed by the world-renowned architectural firm of Skidmore, Owings & Merrill, The Olympic Tower is one of New York’s finest full-service white glove condominiums. Amenities include doorman, concierge, gym, valet parking, and package room. Corporate purchases, pieds-a-terre permitted. Sorry, no pets. 1% transfer fee by buyer.

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Listing Agent (Seller's Representative)

Listing courtesy of Engel & Volkers New York Real Estate LLC

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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