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Olympic Tower, 641 Fifth Avenue, #A3738

$14,000,000 ($3,836 per ft2) -17.6% | 4 beds, 4.5 baths | Approx. 3,650 ft2
263 days on Market

Key Details

  • Listed: Jul 29, 2023
    Last Price Change: +7.7% ($1,000,000) on Feb 27
    Days on Market: 263
    Building Type: Condominium
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 586 times
Monthly Common Charges: $6,526
Monthly Real Estate Taxes: $5,898
Total Taxes & Fees: $12,424 ($3.40/ft2)
Est. Monthly Mortgage: $85,954
Total Est. Monthly Carrying Cost: $98,378 ($26.95/ft2)
Note: the above is based on a down payment of 10% ($1,400,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Stunning Design: The apartment is designed by Fran Murphy, blending light, space, and seclusion. It features a large entrance and glamorous foyer leading into a 34 foot wide grand salon with beautiful mother-of-pearl walls. The dining area features a stunning Swarovski Crystal chandelier.
  • Luxurious Amenities: The chef’s eat-in kitchen boasts the finest lacquer cabinetry, white onyx countertops and top-of-the-line appliances. The owner’s suite is spectacular and private with 13 floors-to-ceiling windows and a large boudoir/walk-in closet.
  • High-End Building Services: The building offers soundproof windows, a 24-hour doorman service, porters, and a resident manager. It boasts the highest white glove services, with a 24-hour multi-lingual staff and a sophisticated concierge.
  • Additional Features: The apartment comes with a 4-pipe HVAC system that provides year-round zoned heating and cooling with a separate thermostat in each room. It also features a custom glass spiral staircase imported from Italy elegantly combining the main and upper levels.
  • Turnkey and Amenities: The apartment is delivered turnkey and fully furnished. Residents of the Olympic Tower enjoy a vast host of amenities, including a private fitness center, bicycle storage, a resident manager, elevator attendants, a gym, a barber, a hair salon, a bicycle room, a fitness center, and emergency electric power.
  • Prime Location: This exquisite property is located in the heart of Manhattan, surrounded by landmarks like the Crown Building, The Plaza, and Billionaires Row. It offers direct views of Central Park and the Rockefeller Gardens from all rooms, and is close to the shops and restaurants along Fifth Avenue and cultural attractions like the Museum of Modern Art.

Description

$4 MILLION PRICE ADJUSTMENT!

This sophisticated duplex located in one of Manhattan’s most coveted areas in the heart of Manhattan offers calm and tranquility high above Fifth Avenue. The location is unparalleled, surrounded by landmarks like the Crown Building, The Plaza and Billionaires Row.
Exquisitely designed by Fran Murphy, this 10-room residence, blends light, space, and seclusion with 36 floor-to-ceiling windows wrapping around the Northwest corner and accented by 9-foot ceilings. The flat offers direct views of Central Park and the Rockefeller Gardens from all rooms.

The large entrance and glamorous foyer leads into expanses of a 34 foot wide grand salon with beautiful mother-of-pearl walls.

The dining area features a stunning Swarovski Crystal chandelier and the open layout is perfect for comfortable living and entertaining. The chef’s eat-in kitchen boasts the finest lacquer cabinetry, white onyx countertops and top-of the line appliances. This light-filled eat-in kitchen features Miele cooking and warming appliances, Sub-Zero refrigeration, wine storage, and a Miele dishwasher.

The centerpiece of the apartment is a custom glass spiral staircase imported from Italy that elegantly combines the main and upper levels. The main level also includes a fabulous powder room with gold leaf walls and Lalique Lights and a fourth bedroom/library with Central Park views along with a luxurious en-suite bathroom.

On the upper level, in the Northwest corner, separated from the other 2 bedrooms is the spectacular and private owner’s suite with 13 floors-to-ceiling windows. This well-proportioned suite also offers a large boudoir/walk-in closet with west-facing floor-to-ceiling windows overlooking Rockefeller Center.

This leads into the windowed master bath displaying white corona marble flooring throughout and Crystal lights. This large, marble bathroom offers double sinks, a steam shower, a deep tub, and a separate bidet/WC.The upper level is completed by two additional bedrooms, one with its own en-suite marble Bath and a full-sized laundry room.

This residence comes with a 4-pipe HVAC system that provides year-round zoned heating and cooling with a separate thermostat in each room. A laundry room, Lutron lighting, climate control, electronic shades, and a state-of-the-art audio-video system.

The building offers soundproof windows, a 24-hour doorman service, porters, and a resident manager. The apartment is delivered turnkey and fully furnished.

Perfectly positioned at the center of Midtown Manhattan’s most glamorous district, the Olympic Tower was developed by a consortium headed by Aristotle Onassis. The building boasts the highest white glove services, with a 24-hour multi-lingual staff and a sophisticated concierge.

The Building staff provides unparalleled discretion, security, and comfort to residents of this exclusive condominium. Residents of the Olympic Tower enjoy a vast host of amenities, including a private fitness center, bicycle storage, and a resident manager. Pieds- -terre and corporate purchases are permitted.

There is a 1% transfer fee payable by the buyer. Please note that 641 Fifth Avenue does not allow dogs.

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Apartment Amenities

  • City View

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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