NOT LISTED FOR SALE

Estimated Value: $2,891,000 - $3,214,000

2 Beds
2.5 Baths
1,791 Sq Ft
1975 Built

Highlights

  • River View
  • 2-minute walk to 5 Avenue-53 Street
  • High-Rise Condominium
  • P.S. 59 Beekman Hill International Rated A
  • No HOA
  • 1-minute walk to Channel Gardens

About This Home

As of November 2023

REDUCED TO RENT BY $2500!

FULLY RENOVATED WITH CENTRAL PARK VIEWS ON FIFTH! SEE ADDITIONAL INFORMATION ON STREET EASY

This exquisite apartment is located in one of the most coveted condominiums on Fifth Avenue, right in the heart of Manhattan with spectacular views of Central Park from all rooms. Wrapping around the North West corner on Fifth Avenue this spacious 2-bedroom apartment is in impeccable condition the flat feature features 17 floor-to-ceiling windows, providing breathtaking views of Central Park and the New York Skyline.

The apartment has undergone a complete renovation and boasts a state-of-the-art windowed eat-in kitchen with a West-facing view of the iconic Rockefeller Center and its rooftop gardens. 25A offers a luxurious owner's suite that includes an extravagant ensuite bath and two walk-in closets and a superbly appointed second bedroom with its own en-suite bathroom and ample closet space. Additionally, there's a beautifully appointed second bedroom with its own en-suite bathroom and ample closet space. Additionally, there's a beautifully appointed second bedroom with its own en-suite bathroom and ample closet space. In addition the extraordinary light 25A offers temperature-controlled central HVAC and washer/dryer.

Perfectly positioned at the center of Midtown Manhattan's most glamorous district, 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.

Last Agent to Rent the Property

Daniela Rivoir

Sothebys International Realty License #30RI0796238 Listed on: 09/28/2023

Sothebys International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,281

Year Built

  • Built in 1975

Property Views

  • River

Home Design

  • 1,791 Sq Ft Home
  • Entry on the 25th floor

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • No Cooling

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 225 Units
  • High-Rise Condominium
  • Olympic Tower Condos
  • Midtown East Subdivision
  • 52-Story Property

Listing and Financial Details

  • Property Available on 9/27/23
  • Legal Lot and Block 7501 / 01287

Condo Details

Home Type

Condominium

Est. Annual Taxes

$40,281

Year Built

Built in 1975

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2023-09-27

Listing Details

  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Midtown East
  • Entry Level: 25
  • Structure Type: High Rise
  • ResoPropertyType: ResidentialLease
  • Pets No Pets Comments: ,Building Pets Allowed Comments:Service Dog
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 52

Interior Features

  • Fireplace: No
  • Living Area: 1791.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • View: City, Park/Greenbelt, River
  • View: Yes
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

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

Tax Info

  • Tax Block: 01287
  • Tax Lot: 7501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2014
Sold by
Ny 25 Limited and % Faconnable Usa Inc
Bought by
Ny 25A Llc
Current Estimated Value
$3,061,986

Purchase Details

Closed on
Feb 5, 2014
Sold by
Mikati Taha and % Faconnable Usa Inc
Bought by
Ny 25 Limited

Purchase Details

Closed on
Dec 16, 1986
Sold by
Gassa Investing Corporation N V
Bought by
Mikati Taha and David W Scott
Source: Public Records

Range of Values:

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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
Ny 25A Llc -- --
Ny 25 Limited -- --
Ny 25 Limited -- --
Mikati Taha -- --
Mikati Taha -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2023 11/21/23 Rented $11,000 -8.3% --
10/28/2023 10/28/23 Price Changed $12,000 -17.2% $7 / Sq Ft
09/29/2023 09/29/23 For Rent $14,500 -9.1% --
08/17/2022 08/17/22 Rented $15,950 0.0% --
06/16/2022 06/16/22 Price Changed $15,950 -8.9% $9 / Sq Ft
06/07/2022 06/07/22 For Rent $17,500 0.0% --
06/01/2022 06/01/22 Off Market $17,500 -- --
05/16/2022 05/16/22 For Rent $17,500 +34.6% --
01/19/2018 01/19/18 Rented -- -- --
12/20/2017 12/20/17 Under Contract -- -- --
09/09/2017 09/09/17 For Rent $13,000 -- --
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 $40,281 $322,419 $60,698 $261,721
2024 $40,281 $322,198 $60,698 $261,500
2023 $40,457 $329,802 $60,698 $269,104
2022 $39,155 $320,024 $60,698 $259,326
2021 $37,241 $303,590 $60,698 $242,892
2020 $40,371 $346,034 $60,698 $285,336
2019 $39,903 $346,062 $60,698 $285,364
2018 $37,821 $315,243 $60,697 $254,546
2017 $35,548 $312,543 $60,698 $251,845
2016 $33,443 $307,089 $60,698 $246,391
2015 $19,949 $301,046 $60,698 $240,348
2014 $19,949 $250,890 $60,698 $190,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10919690

Real Estate Board of New York (REBNY)

APN: 1287-1025