Seller's Agent in 2024
Nancy Smith
Douglas Elliman Real Estate
(212) 891-7787
6 in this area
10 Total Sales
Olympic Tower 641 5th Ave Unit 26C New York, NY 10022
Midtown East NeighborhoodEstimated Value: $1,300,000 - $1,787,795
1
Bed
2
Baths
1,288
Sq Ft
$2,369/mo
HOA Fee
Highlights
- City View
- 2-minute walk to 5 Avenue-53 Street
- High-Rise Condominium
- P.S. 59 Beekman Hill International Rated A
- North Facing Home
- 1-minute walk to Channel Gardens
About This Home
As of October 2024Opportunity to Purchase at a Very Reasonable Price at Olympic Tower - 1 Bedroom 2 Full Bath apartment on the 26th floor Fabulous Central Park views approx. 1288 sf at an Incredible Value!
The spacious apartment awaits your design eye to reinvent this amazing offering to reflect your style.
The grand entrance gallery leads you to a spacious dining/living room. The full kitchen features a Miele stove and Miele cooktop with Viking hood and an LG combination W/D. The 9' floor to ceiling windows with fantastic views of the NYC skyline and Central Park allow elegant light into all major rooms. Having approx. 1288 square feet, the well layout floor plan creates a graceful flow of space including a beautifully proportioned primary bedroom suite with excellent closet space and a marble bath ensuite, a separate office, and an additional full bath.
Olympic Tower is renowned for its impeccable service and devotion to its residents. Full time doorman, concierge, and building engineers meet requests promptly with attention and grace. The iconic building's architects, Skidmore, Owens and Merrill, designed Olympic Tower for the ages with timeless features of prime midtown location, modern exterior, and oversized windows. From the moment you find yourself in the lobby, you will understand why Olympic Tower residents enjoy their elegant and a serene lifestyle in this world class building.
Accessible to five star restaurants, designer shops, the theater district, and Central Park.
Amenities, include a well appointed gym, valet parking, bike storage, and package room.
Corporate ownership, pieds-a-terre permitted. Sorry, no dogs. 1% transfer fee by the buyer
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $28,937
Year Built
- Built in 1975
Lot Details
- 0.89
HOA Fees
- $2,369 Monthly HOA Fees
Interior Spaces
- 1,288 Sq Ft Home
- Basement
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer Hookup
Additional Features
- North Facing Home
- No Cooling
Community Details
- 225 Units
- High-Rise Condominium
- Olympic Tower Condos
- Midtown East Subdivision
- 52-Story Property
Listing and Financial Details
- Legal Lot and Block 7501 / 01287
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2024
Closed on
Oct 15, 2024
Sold by
Kayyali Walid Amin
Bought by
Halakos Demitrios and Halakos Georgia
Seller's Agent
Nancy Smith
Douglas Elliman Real Estate
List Price
$1,850,000
Sold Price
$1,500,000
Premium/Discount to List
-$350,000
-18.92%
Total Days on Market
113
Views
39
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,449
Avg. Annual Appreciation
12.00%
Original Mortgage
$800,000
Outstanding Balance
$795,447
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$801,002
Purchase Details
Closed on
Oct 11, 1988
Sold by
Estate Of Paul Denhaene
Bought by
Kayyali Dr Walid Amin
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Halakos Demitrios | $1,500,000 | -- | |
| Kayyali Dr Walid Amin | -- | -- | |
| Kayyali Dr Walid Amin | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Halakos Demitrios | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2024 10/15/24 | Sold | $1,500,000 | -18.9% | $1,165 / Sq Ft |
| 07/10/2024 07/10/24 | Pending | -- | -- | -- |
| 03/18/2024 03/18/24 | For Sale | $1,850,000 | -- | $1,436 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $28,937 | $231,456 | $43,664 | $187,792 |
| 2023 | $29,063 | $236,917 | $43,664 | $193,253 |
| 2022 | $28,128 | $229,895 | $43,664 | $186,231 |
| 2021 | $26,753 | $218,093 | $43,664 | $174,429 |
| 2020 | $29,001 | $248,573 | $43,664 | $204,909 |
| 2019 | $28,666 | $248,594 | $43,664 | $204,930 |
| 2018 | $27,168 | $226,462 | $43,664 | $182,798 |
| 2017 | $25,534 | $224,522 | $43,664 | $180,858 |
| 2016 | $24,021 | $220,606 | $43,664 | $176,942 |
| 2015 | $17,365 | $216,266 | $43,664 | $172,602 |
| 2014 | $17,365 | $180,172 | $43,664 | $136,508 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Smith
About Olympic Tower
Map
Similar Homes in the area
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10982914
APN: 1287-1035
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.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
Nearby Homes
- 641 5th Ave Unit 38H
- 641 5th Ave Unit 26F
- 641 Fifth Ave Unit 37/38
- 641 Fifth Ave Unit 27H
- 641 5th Ave Unit 30CD
- 641 5th Ave Unit 36D
- 641 5th Ave Unit 49A
- 641 Fifth Ave Unit 22Q
- 641 5th Ave Unit 45H
- 641 5th Ave Unit 49-CDE
- 641 5th Ave Unit 46/47C
- 641 Fifth Ave Unit 27 F
- 641 Fifth Ave Unit 35 A
- 641 5th Ave Unit 27C
- 641 5th Ave Unit 28A
- 641 5th Ave Unit 42A
- 641 5th Ave Unit 42H
- 641 5th Ave Unit 30F
- 641 5th Ave Unit 42 HA
- 641 5th Ave Unit 34B