NOT LISTED FOR SALE

Estimated Value: $2,435,000 - $2,829,000

2 Beds
2 Baths
1,521 Sq Ft
$2,800/mo HOA Fee

Last Sold August 14, 2024

Last sale price $2,600,000 $1,709 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $19,528/month

94 Days on Market

Highlights

  • City View
  • 2-minute walk to 5 Avenue-53 Street
  • South Facing Home
  • P.S. 59 Beekman Hill International Rated A
  • Elevator
  • 1-minute walk to Channel Gardens

About This Home

As of August 2024

Presenting Residence #27G at the prestigious Olympic Tower Condominium. Boasting 1,521 SQFT, this impeccable home offers 2 beds and 2 baths. Every room in this residence faces south, offering breathtaking panoramic views of the city skyline, including iconic landmarks such as St. Patrick's Cathedral, Rockefeller Center, and Fifth Avenue leading all the way to the Freedom Tower.

The expansive living room is flooded with natural light from floor-to-ceiling windows, complemented by gleaming hardwood floors throughout. Marble accents elevate both bathrooms, while the oversized Master Suite indulges with a luxurious marble bathroom, complete with a soaking tub, double sink, and a glass stall shower.

Developed by Aristotle Onassis and designed by Skidmore, Owings & Merrill, the Olympic tower is one of the top white glove full-service, 5-star luxury buildings in Manhattan. This 51-story high-rise has unrivaled building amenities, including white-gloved attendants, Abigail Michael's 24-hour concierge, a fully equipped gym, and unparalleled security. Located just north of Saint Patrick's Cathedral, the building's location is at the nexus of the best shopping and restaurants in the city. UNIT IS VIRTUALLY STAGED.

IMPORTANT FACTS:
- Excellent Investment Opportunity
- Sorry, no pets. 1% transfer fee paid by the buyer.
- Corporate purchases and pied-a-terre purchasers are permitted.
- The 4-Pipe HVAC system provides year round zoned heating and cooling.
- Each room has a separate thermostat and automatic privacy window shades
- 9 feet floor to ceilings sound proof windows

Last Agent to Sell the Property

Eva Penson

Sothebys International Realty License #10301209164 Listed on: 03/07/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,171

Year Built

  • Built in 1975

HOA Fees

  • $2,800 Monthly HOA Fees

Home Design

  • Entry on the 27th floor

Interior Spaces

  • 1,521 Sq Ft Home
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Additional Features

  • South Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1047 / 01287

Community Details

Overview

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

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,171

Year Built

Built in 1975

Lot Details

0

HOA Fees

$2,800 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 27
  • Structure Type: High Rise
  • Pets No Pets Comments: Service Dog,Building Pets Allowed Comments:Service Dog
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 52

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area: 1521.0
  • Living Area Units: Square Feet
  • Basement: Yes
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2800.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

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

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01287
  • Tax Lot: 1047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Aug 14, 2024
Sold by
Mannheim Realty Llc
Bought by
Kozarov George
Seller's Agent
Eva Penson
Sothebys International Realty
List Price
$2,750,000
Sold Price
$2,600,000
Premium/Discount to List
-$150,000
-5.45%
Views
9
Current Estimated Value
$2,636,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,013
Avg. Annual Appreciation
1.06%

Purchase Details

Closed on
May 3, 2001
Sold by
Gefin Holding Zoug S A
Bought by
Mannheim Realty Llc
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
Kozarov George $2,600,000 --
Mannheim Realty Llc -- --
Mannheim Realty Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2024 08/14/24 Sold $2,600,000 -5.5% $1,709 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $2,750,000 0.0% $1,808 / Sq Ft
06/10/2024 06/10/24 Off Market $2,750,000 -- --
03/08/2024 03/08/24 For Sale $2,750,000 -- $1,808 / 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 $34,171 $273,512 $51,647 $221,865
2024 $34,171 $273,326 $51,647 $221,679
2023 $34,320 $279,772 $51,647 $228,125
2022 $33,216 $271,483 $51,647 $219,836
2021 $31,594 $257,552 $51,647 $205,905
2020 $34,247 $293,532 $51,647 $241,885
2019 $33,851 $293,557 $51,647 $241,910
2018 $32,081 $267,431 $51,647 $215,784
2017 $30,150 $265,141 $51,647 $213,494
2016 $28,361 $260,518 $51,647 $208,871
2015 $16,911 $255,395 $51,647 $203,748
2014 $16,911 $212,685 $51,647 $161,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10968155

Real Estate Board of New York (REBNY)

APN: 1287-1047