NOT LISTED FOR SALE

Olympic Tower 641 5th Ave Unit 24D Floor 24 New York, NY 10022

Midtown East Neighborhood

Estimated Value: $2,185,000 - $3,420,000

2 Beds
2 Baths
1,792 Sq Ft
1975 Built

Sale Details

Date Sold: July 14, 2022

Last sale price $2,350,000 $1,311 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $22,038 / mo

12 Days on Market

Highlights

  • Built in 1975 | Newly Remodeled
  • 2-minute walk to 5 Avenue-53 Street
  • 1-minute walk to Channel Gardens
  • P.S. 59 Beekman Hill International Rated A

About This Home

As of July 2022

Two bedrooms two and a half baths at a VERY AFFORDABLE PRICE are now available in the Iconic Olympic Tower. 9' floor to ceiling windows invite panoramic views of the chiseled architecture of NY North and East highlighted by Central Park to the North and the East River to the East. Featuring two well-proportion bedrooms, an eat-in kitchen with w/d, two and half-marble baths, extraordinary closet space, this corner apartment will meet your desire to live in luxury building world renowned for its dedication to the comfort and privacy of its tenancy.

Olympic Tower's location in the heart of midtown offers renowned five star restaurants, world class designer shops, live television and theatrical productions, Rockefeller Center, and more. Olympic Tower's history is notable marking the building as the masterpiece developed by Aristotle Onassis, an icon in the architectural portfolio of Skidmore, Owings, and Merrill, and the envied home of fashion and entertainment elite throughout the years.

The impeccable and discreet personal attention of the building's well- managed staff meets your requests 24/7 with graceful attention to the detail that makes you feel special. Amenities include a well-appointed gym, a package room, and valet parking. Don't miss another minute of the lifestyle you have been waiting for call me at 917-545-5304 for a private showing at your earliest convenience. Pied- -terre corporate purchasers are welcome. Sorry no pets.

Last Agent to Sell the Property

Nancy Smith

Douglas Elliman Real Estate License #30SM0845272 Listed on: 04/01/2022

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,672

Year Built

  • Built in 1975 | Newly Remodeled

HOA Fees

  • $2,954 Monthly HOA Fees

Home Design

  • 1,792 Sq Ft Home
  • Entry on the 24th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

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

Listing and Financial Details

  • Tax Block 01287

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,672

Year Built

Built in 1975 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$2,954 per month

Listing Details

  • Cross Street: EAST 51 STREET, EAST 52 STREET
  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 24
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 52

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1792.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2954.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Building Name: OLYMPIC TOWER
  • Units: 225
  • Total Stories: 52
  • Year Built: 1975

Tax Info

  • Tax Block: 01287
  • Tax Annual: 30672.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jul 14, 2022
Sold by
Bought by
Seller's Agent
Nancy Smith
Douglas Elliman Real Estate
List Price
$2,689,000
Sold Price
$2,350,000
Premium/Discount to List
-$339,000
-12.61%
Current Estimated Value
$2,927,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,556
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Mar 20, 1990
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,350,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $350,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Off Market $2,350,000 -- --
07/14/2022 07/14/22 Sold $2,350,000 -12.6% $1,311 / Sq Ft
04/06/2022 04/06/22 For Sale $2,689,000 -- $1,501 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $40,350 $333,721 $60,882 $272,839
2025 $40,328 $322,796 $60,882 $261,914
2024 $40,328 $322,576 $60,882 $261,694
2023 $33,416 $330,186 $60,882 $269,304
2022 $32,341 $320,400 $60,882 $259,518
2021 $37,286 $303,954 $60,882 $243,072
2020 $32,894 $346,430 $60,882 $285,548
2019 $32,959 $346,458 $60,882 $285,576
2018 $37,863 $315,617 $60,882 $254,735
2017 $35,585 $312,914 $60,882 $252,032
2016 $33,475 $307,456 $60,882 $246,574
2015 $19,964 $301,408 $60,882 $240,526
2014 $19,964 $251,076 $60,882 $190,194
Source: Public Records

Agents Affiliated with this Home

  • Nancy Smith

    Seller's Agent in 2022

    Nancy Smith

    Douglas Elliman Real Estate

    (212) 891-7787

    7 in this area

    11 Total Sales

    Nancy Smith
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About Olympic Tower

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10783075

Real Estate Board of New York (REBNY)

APN: 1287-1020

New York New York County New York 10022 Midtown East

641 5th Ave Unit 24D, New York, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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