NOT LISTED FOR SALE

Olympic Tower 641 5th Ave Unit 23G Floor 23 New York, NY 10022

Midtown East Neighborhood

Estimated Value: $2,374,579 - $2,623,000

2 Beds
2 Baths
1,521 Sq Ft
$2,455/mo HOA Fee

Last Sold November 12, 2021

Last sale price $2,200,000 $1,446 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $18,540/month

Highlights

  • City View
  • 2-minute walk to 5 Avenue-53 Street
  • South Facing Home
  • P.S. 59 Beekman Hill International Rated A
  • Elevator
  • 1-minute walk to Channel Gardens

About This Home

As of November 2021

Now Available in the majestic Olympic Tower, a lovely spacious two bedroom two bath home with Southern Exposure and iconic views over the spires of the landmarked Cathedral and the gardens of Rockefeller Center is being offered at a very attractive price!

Pin drop quiet in the heart of midtown accessible to the theater district, Rockefeller Center, designer shops, and five star restaurants located within blocks from the iconic building..

Floor to ceiling 9 foot windows fill the apartment with light. The renovated kitchen, complete with washer/dryer is open to the dining room area with folding doors so that it may be closed off. The second bedroom has been opened to the living room and may be a library or den. Marble baths, spacious closets, and generously proportioned rooms are the defining features of this comfortable luxurious home.

Olympic Tower's staff of doormen and concierge stand ready to serve. The concierge service will respond to requests from residents for theater tickets, limo service, restaurant reservations, etc.

Amenities include a well appointed gym, package room, and valet car service.

Corporate purchases and pied a terre purchasers are permitted.

Sorry, no pets. 1% transfer fee by the buyer.

Video Walk Thru

Last Agent to Sell the Property

Nancy Smith

Douglas Elliman Real Estate License #30SM0845272 Listed on: 03/23/2020

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $33,108

Year Built

  • Built in 1975

HOA Fees

  • $2,455 Monthly HOA Fees

Home Design

  • Entry on the 23rd floor

Interior Spaces

  • 1,521 Sq Ft Home
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • South Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 0001 / 01383

Community Details

Overview

  • 225 Units
  • High-Rise Condominium
  • Olympic Tower Condos
  • Midtown East Subdivision
  • 52-Story Property

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$33,108

Year Built

Built in 1975

Lot Details

0

HOA Fees

$2,455 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 23
  • Structure Type: High Rise
  • Pets No Pets Comments: Service Dog,Building Pets Allowed Comments:Service Dog
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 52

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area: 1521.0
  • Living Area Units: Square Feet
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other
  • Green Building Features: Elevator(s)
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2455.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: OLYMPIC TOWER
  • Units: 225
  • Total Stories: 52
  • Year Built: 1975

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01383
  • Tax Lot: 0001
  • Tax Annual: 33108.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Nov 12, 2021
Sold by
Ebru Buluc-Halper As An Ancillary Admini and Estate Of Esin Oztop
Bought by
Fifth 23G Llc
Seller's Agent
Nancy Smith
Douglas Elliman Real Estate
List Price
$2,200,000
Sold Price
$2,200,000
Current Estimated Value
$2,513,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,895
Avg. Annual Appreciation
3.35%

Purchase Details

Closed on
Sep 22, 1997
Sold by
Y & T Uesaka Inc
Bought by
Oztop Esin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fifth 23G Llc $2,200,000 --
Oztop Esin $830,000 The Title Guarantee Company
Oztop Esin $830,000 The Title Guarantee Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2023 12/06/23 For Sale $2,200,000 0.0% $1,446 / Sq Ft
04/20/2022 04/20/22 Off Market $2,200,000 -- --
11/12/2021 11/12/21 Sold $2,200,000 -14.6% $1,446 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $2,575,000 -- $1,693 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34,171 $273,512 $51,647 $221,865
2024 $34,171 $273,326 $51,647 $221,679
2023 $34,320 $279,772 $51,647 $228,125
2022 $17,267 $271,483 $51,647 $219,836
2021 $31,594 $257,552 $51,647 $205,905
2020 $34,247 $293,532 $51,647 $241,885
2019 $33,851 $293,557 $51,647 $241,910
2018 $32,081 $267,431 $51,647 $215,784
2017 $30,150 $265,141 $51,647 $213,494
2016 $28,361 $260,518 $51,647 $208,871
2015 $16,911 $255,395 $51,647 $203,748
2014 $16,911 $212,685 $51,647 $161,038
Source: Public Records

Agents Affiliated with this Home

  • Nancy Smith

    Seller's Agent in 2021

    Nancy Smith

    Douglas Elliman Real Estate

    (212) 891-7787

    6 in this area

    10 Total Sales

    Nancy Smith
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About Olympic Tower

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10987783

Real Estate Board of New York (REBNY)

APN: 1287-1015

New York New York County New York 10022 Midtown East

641 5th Ave Unit 23G, New York, NY

Not Listed for Sale

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