NOT LISTED FOR SALE

Olympic Tower 641 5th Ave Unit 25D Floor 25 New York, NY 10022

Midtown East Neighborhood

Estimated Value: $1,076,936 - $3,137,000

2 Beds
3 Baths
1,840 Sq Ft
$3,131/mo HOA Fee

Last Sold March 01, 2023

Last sale price $2,750,000 $1,495 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $14,011/month

219 Days on Market

Highlights

  • River View
  • 2-minute walk to 5 Avenue-53 Street
  • Central Air
  • P.S. 59 Beekman Hill International Rated A
  • Entrance Foyer
  • 1-minute walk to Channel Gardens

About This Home

As of March 2023

WHEN YOUR BUYER IS LOOKING FOR A DEAL, BRING HIM A STEAL! 600K PRICE IMPROVEMENT, BRING US OFFERS !

SPECTACULAR CONVERTIBLE 3 ON FIFTH. This magnificent convertible 3 bedrooms, 3 bathrooms residence is located on the 25th floor of one of Manhattan's world-renowned condominiums on Fifth Avenue. Originally a combination of 2 units this flat offers an array of diversity of use with 2 separate entrances. Whether you transformed it into 3 bedrooms or choose to use it as is this unit is a true gem that is rarely available.

This sunbathed flat offers sixteen floor-to-ceiling windows with Central Park views and city views a spacious living room and dining room and a large windowed eat-in kitchen with breakfast overlooking the East River. Complete with full Central Park views, the master suite offers a haven of tranquility high above Fifth Avenue. Complete with a full marble bathroom and a small galley kitchen and bar the second bedroom/library also with direct park views, equally offers a full marble bathroom and a large array of closets. Staged by Ikiara Barion

The unit can also be divided into a one bedroom to live in and a large studio for the staff or to be rented

Building showing hours: Monday - Friday: 9am - 7:30pm, Saturday: 9am - 4pm, Sunday: 9am - 3pm. Please provide at least 24-hour notice. Corporations are welcome. Sorry, no dogs. This apartment is also available to be purchased as a New York Corporate Entity. For more information, please email me for further details

Last Agent to Sell the Property

Daniela Rivoir

Sothebys International Realty License #30RI0796238 Listed on: 07/18/2022

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,340

Year Built

  • Built in 1975

HOA Fees

  • $3,131 Monthly HOA Fees

Property Views

  • River

Home Design

  • Entry on the 25th floor

Interior Spaces

  • 1,840 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 1287

Community Details

Overview

  • Midtown East Subdivision
  • 52-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,340

Year Built

Built in 1975

Lot Details

0

HOA Fees

$3,131 per month

Listing Details

  • Cross Street: East 51st Street/East 52nd Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 25
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 52

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 1840.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • View: City, River
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3131.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 52
  • Year Built: 1975

Tax Info

  • Tax Block: 1287
  • Tax Lot: 7501
  • Tax Annual: 32340.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Reznik Maurice
Bought by
Maurice S Reznik Revocable Trust and Maurice S Reznik As Trustee
Current Estimated Value
$1,860,734

Purchase Details

Listed on
Jul 18, 2022
Closed on
Feb 28, 2023
Sold by
Estate Of Joan E Donovan and Kelly Donovan-Mazzulli As Administrator
Bought by
La Familia De Cinco Llc
Seller's Agent
Daniela Rivoir
Sothebys International Realty
List Price
$2,750,000
Sold Price
$2,750,000
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.24%

Purchase Details

Closed on
Jul 30, 1998
Sold by
Cornet Jorge
Bought by
Donovan Joan E
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
Maurice S Reznik Revocable Trust -- --
La Familia De Cinco Llc $2,390,000 --
Donovan Joan E $352,500 First American Title Ins Co
Donovan Joan E $352,500 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $2,750,000 0.0% $1,495 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
11/24/2022 11/24/22 For Sale $2,750,000 0.0% $1,495 / Sq Ft
11/24/2022 11/24/22 Off Market $2,750,000 -- --
10/31/2022 10/31/22 Price Changed $2,750,000 -5.2% $1,495 / Sq Ft
09/28/2022 09/28/22 Price Changed $2,900,000 -13.4% $1,576 / Sq Ft
07/18/2022 07/18/22 For Sale $3,350,000 -- $1,821 / 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 $12,997 $104,029 $19,696 $84,333
2024 $12,997 $103,959 $19,696 $84,263
2023 $13,053 $106,408 $19,696 $86,712
2022 $10,423 $103,258 $19,696 $83,562
2021 $12,017 $97,963 $19,696 $78,267
2020 $8,183 $111,640 $19,696 $91,944
2019 $10,622 $111,649 $19,696 $91,953
2018 $11,904 $101,718 $19,696 $82,022
2017 $11,246 $100,848 $19,696 $81,152
2016 $10,479 $99,090 $19,696 $79,394
2015 $6,248 $97,143 $19,696 $77,447
2014 $6,248 $80,844 $19,696 $61,148
Source: Public Records

Agents Affiliated with this Home

  • Daniela Rivoir

    Seller's Agent in 2023

    Daniela Rivoir

    Sothebys International Realty

    (202) 820-4000

    3 in this area

    3 Total Sales

    Daniela Rivoir
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About Olympic Tower

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10830045

Real Estate Board of New York (REBNY)

APN: 1287-1028

New York New York County New York 10022 Midtown East

641 5th Ave Unit 25D, New York, NY

Not Listed for Sale

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