E
Seller's Agent in 2022
Erica Chen
Elegran
Olympic Tower 641 5th Ave Unit 27B New York, NY 10022
Midtown East Neighborhood
1
Bed
2
Baths
1,238
Sq Ft
$1,968/mo
HOA Fee
Highlights
- South Facing Home
- 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 June 2020Tenant in place until February 2021
Live SKY HIGH at Olympic Tower! With a Central Park-facing, Northern exposure and floor to ceiling windows, this chic 1 bedroom on the twenty-seventh floor is the perfect pied-a-terre or full-time residence. The interior boasts 1238 square with room to room stereo system and a chef's Kitchen with Corian countertops, Miele appliances, sub-Zero refrigerator, Bosh washer /dryer and wine cooler. The spacious Master Bedroom suite features custom closets and a generously sized Master Bathroom adorned with Carrera marble and a large steam shower. The second full bathroom is similar in size to the master bathroom with a large bathtub.
Olympic Tower is a full-service, white glove building, with 24 hour doorman and concierge, as well as attended-elevators, providing the highest level of service you can find in the City! The building has a NO DOG policy.
Last Agent to Sell the Property
Sothebys International Realty License #10301202566 Listed on: 06/26/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $27,819
Year Built
- Built in 1975
Lot Details
- South Facing Home
HOA Fees
- $1,968 Monthly HOA Fees
Home Design
- 1,238 Sq Ft Home
- Entry on the 27th floor
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
- Washer Dryer Allowed
Community Details
- 225 Units
- Midtown Central Subdivision
- 51-Story Property
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2019
Closed on
Jun 5, 2020
Sold by
Kp641 Corp
Bought by
Reservoir Square Inc
Seller's Agent
Kevin Brown
Sothebys International Realty
List Price
$2,495,000
Sold Price
$1,710,000
Premium/Discount to List
-$785,000
-31.46%
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
$250,842
Avg. Annual Appreciation
0.75%
Purchase Details
Closed on
Dec 19, 2019
Sold by
Kupoint Corp and Kupoint Corporation
Bought by
Kp641 Corp
Purchase Details
Listed on
Apr 9, 2014
Closed on
Jun 30, 2014
Sold by
Dirnegger Michael
Bought by
Kupoint Corp
List Price
$2,395,000
Sold Price
$2,370,000
Premium/Discount to List
-$25,000
-1.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.52%
Purchase Details
Closed on
Nov 21, 2013
Sold by
Benita Stiftung and Landstrasse 39
Bought by
Dirnegger Michael
Purchase Details
Closed on
May 8, 2012
Sold by
Shaw John Choi-Ching
Bought by
Benita Stiftung
Purchase Details
Closed on
Aug 4, 2005
Sold by
Mclean E Peter
Bought by
Shaw John Choi-Ching
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 5, 2000
Sold by
27 & B Fifth Avenue Realty Sa Ltd
Bought by
Hazzard Charles F and Peter Mclean E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.37%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,710,000 | -- | |
| Deed | -- | -- | |
| Deed | $2,370,000 | -- | |
| Deed | $2,370,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $2,170,000 | -- | |
| Deed | $2,170,000 | -- | |
| Deed | $2,000,000 | -- | |
| Deed | $2,000,000 | -- | |
| Bargain Sale Deed | $700,000 | -- | |
| Bargain Sale Deed | $700,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,075,000 | Unknown | |
| Previous Owner | $1,500,000 | No Value Available | |
| Previous Owner | $1,000,000 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | No Value Available | |
| Previous Owner | $6,032 | No Value Available | |
| Previous Owner | $75,000 | No Value Available | |
| Previous Owner | $450,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/05/2022 07/05/22 | Under Contract | -- | -- | -- |
| 06/01/2022 06/01/22 | Rented | $8,000 | 0.0% | -- |
| 03/25/2022 03/25/22 | For Rent | $8,000 | 0.0% | -- |
| 06/05/2020 06/05/20 | Sold | $1,710,000 | -31.5% | $1,381 / Sq Ft |
| 02/28/2020 02/28/20 | Pending | -- | -- | -- |
| 06/26/2019 06/26/19 | For Sale | $2,495,000 | +5.3% | $2,015 / Sq Ft |
| 06/30/2014 06/30/14 | Sold | $2,370,000 | -1.0% | $1,914 / Sq Ft |
| 05/31/2014 05/31/14 | Pending | -- | -- | -- |
| 04/15/2014 04/15/14 | For Sale | $2,395,000 | -- | $1,935 / 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 |
|---|---|---|---|---|
| 2025 | $27,819 | $222,667 | $41,883 | $180,784 |
| 2024 | $27,819 | $222,515 | $41,883 | $180,632 |
| 2023 | $27,940 | $227,768 | $41,883 | $185,885 |
| 2022 | $27,112 | $221,014 | $41,883 | $179,131 |
| 2021 | $25,719 | $209,661 | $41,883 | $167,778 |
| 2020 | $27,881 | $238,980 | $41,883 | $197,097 |
| 2019 | $27,558 | $239,000 | $41,883 | $197,117 |
| 2018 | $26,120 | $217,711 | $41,882 | $175,829 |
| 2017 | $24,552 | $215,846 | $41,883 | $173,963 |
| 2016 | $23,099 | $212,079 | $41,883 | $170,196 |
| 2015 | $13,780 | $207,904 | $41,883 | $166,021 |
| 2014 | $13,780 | $173,303 | $41,883 | $131,420 |
Source: Public Records
Agents Affiliated with this Home
-
-
Kevin Brown
Seller's Agent in 2020
Kevin Brown
Sothebys International Realty
(917) 886-8850
1 in this area
31 Total Sales
-
Nikki Field
Seller Co-Listing Agent in 2020
Nikki Field
Sothebys International Realty
(212) 606-7624
77 Total Sales
About Olympic Tower
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10807926
APN: 1287-1042
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