Olympic Tower 641 5th Ave Unit 38F Floor 38 New York, NY 10022
Midtown East NeighborhoodEstimated payment $16,776/month
Highlights
- Valet Parking
- 2-minute walk to 5 Avenue-53 Street
- South Facing Home
- P.S. 59 Beekman Hill International Rated A
- Laundry Facilities
- 1-minute walk to Channel Gardens
About This Home
Enjoy stunning, south-facing views of the iconic Empire State building and New York City skyline, as well as a fantastic layout in this generously sized 1 bedroom, 1.5 bathroom home. There is glorious sunlight shining through the expansive floor-to-ceiling windows by day and a magical evening view of the lit up skyline by night. The grand entryway leads to the extra wide living room where there is plenty of room for dining, lounging and a home office. The well-designed kitchen has been opened to the living room, allowing for counter seating. It is well equipped with Sub-Zero fridge and freezer drawers, a Viking oven and stovetop, a wine cooler and great storage. The bedroom suite is an absolute dream. It provides the luxury of space with plenty of room for a seating or desk area. There are custom closets throughout as well as a dressing area with a lovely mirrored vanity. The primary bathroom is beautifully renovated with a spacious walk-in shower and fantastic stonework. This special apartment also has the convenience of a separate half bathroom for guests, a washer/dryer and custom curtains and shades. Olympic Tower is one of the premier full–service condominiums in New York City. The staff goes above and beyond with concierge services, privacy and security. Additional amenities include a park view gym, bike room and an additional laundry room. Centrally located, Olympic Tower is across the street from Rockefeller Center and St. Patrick’s Cathedral. Nearby you will find fine dining, some of the best shopping the city offers, museums, the theater district and multiple transportation options. Dogs are not allowed and there is a 1% flip tax to the buyer.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $27,108
Year Built
- Built in 1976
Lot Details
- South Facing Home
HOA Fees
- $2,239 Monthly HOA Fees
Home Design
- 1,241 Sq Ft Home
- Entry on the 38th floor
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Dryer
- Washer
Utilities
- No Cooling
- No Heating
Listing and Financial Details
- Legal Lot and Block 1134 / 01287
Community Details
Overview
- 210 Units
- High-Rise Condominium
- Midtown East Subdivision
- 51-Story Property
Amenities
- Valet Parking
- Laundry Facilities
Map
About Olympic Tower
Home Values in the Area
Average Home Value in this Area
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 | $27,102 | $216,932 | $40,819 | $176,113 |
| 2024 | $27,102 | $216,783 | $40,819 | $175,964 |
| 2023 | $27,221 | $221,901 | $40,819 | $181,082 |
| 2022 | $26,279 | $215,320 | $40,819 | $174,501 |
| 2021 | $25,057 | $204,262 | $40,819 | $163,443 |
| 2020 | $27,162 | $232,822 | $40,819 | $192,003 |
| 2019 | $26,848 | $232,842 | $40,819 | $192,023 |
| 2018 | $25,447 | $212,103 | $40,819 | $171,284 |
| 2017 | $23,919 | $210,286 | $40,819 | $169,467 |
| 2016 | $22,503 | $206,617 | $40,819 | $165,798 |
| 2015 | $13,424 | $202,550 | $40,819 | $161,731 |
| 2014 | $13,424 | $168,825 | $40,819 | $128,006 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $2,325,000 | 0.0% | $1,873 / Sq Ft |
| 11/20/2025 11/20/25 | Off Market | $2,325,000 | -- | -- |
| 11/06/2025 11/06/25 | For Sale | $2,325,000 | 0.0% | $1,873 / Sq Ft |
| 11/06/2025 11/06/25 | Off Market | $2,325,000 | -- | -- |
| 10/23/2025 10/23/25 | For Sale | $2,325,000 | 0.0% | $1,873 / Sq Ft |
| 10/23/2025 10/23/25 | Off Market | $2,325,000 | -- | -- |
| 10/16/2025 10/16/25 | For Sale | $2,325,000 | 0.0% | $1,873 / Sq Ft |
| 10/16/2025 10/16/25 | Off Market | $2,325,000 | -- | -- |
| 10/09/2025 10/09/25 | For Sale | $2,325,000 | 0.0% | $1,873 / Sq Ft |
| 10/09/2025 10/09/25 | Off Market | $2,325,000 | -- | -- |
| 10/02/2025 10/02/25 | For Sale | $2,325,000 | 0.0% | $1,873 / Sq Ft |
| 10/02/2025 10/02/25 | Off Market | $2,325,000 | -- | -- |
| 09/16/2025 09/16/25 | For Sale | $2,325,000 | -- | $1,873 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,125,000 | -- | |
| Deed | $2,125,000 | -- | |
| Bargain Sale Deed | $790,000 | Ticor Title Insurance Compan | |
| Bargain Sale Deed | $790,000 | Ticor Title Insurance Compan |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $632,000 | Credit Line Revolving |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20050464
APN: 1287-1134
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