$7,000,000
$3M PRICE DROP

Estimated payment $52,614/month

Total Views 25,799
4 Beds
7 Baths
4,040 Sq Ft
$1,733 Price per Sq Ft

Highlights

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

About This Home

641 Fifth Avenue Apt. 42H and Apt. 42A Extraordinary SEVEN MILLION DOLLAR OPPORTUNITY

Two properties Apt. 42H and Apt. 42A, are offered for sale. Each offers unique views - NW and SW respectively Both corner units! Seller willing to sell at the same time both units.

Apt. 42H approx. 1780sf and Apt. 42A, approx 2259 sf feature spacious living/dining rooms, separate kitchens with high end appliances -Gaganeau, Miele, and Subzero, lovely wood cabinetry, and stainless-steel counters. The many closets with fitted storage space and large bedrooms with marble baths en suite contribute to a lifestyle so highly sought after that is graceful, comfortable, and serene. The iconic building is recognized globally as a residence chosen by princes, movie stars, industry leaders, and entrepreneurs..

Olympic Tower's many longtime residents have selected this magnificent building as their home specifically to live in a location that showcases 5-star restaurants, Rockefeller Center, the theater district, and flagship designer shop. Private, cordial, polite, and impeccably managed by its on-site general manager, the staff of doormen, concierge, and building engineers offer discrete service to each resident. The building's infrastructure includes a 4-pipe HVAC system, its own generator, four elevators and a service elevator.

Amenities include -valet parking, private gym, bike storage, and package room.

1 percent transfer tax by purchaser, sorry no pets, pieds-a-terre, and corporate purchasers, permitted.

Listing Agent

Nancy Smith

Douglas Elliman Real Estate License #30SM0845272 Listed on: 03/30/2023

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $87,456

Year Built

  • Built in 1975

HOA Fees

  • $8,031 Monthly HOA Fees

Home Design

  • Entry on the 42nd floor

Interior Spaces

  • 4,040 Sq Ft Home
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Property is in excellent condition
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 01287

Community Details

Overview

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

Amenities

  • Concierge

Property Details

Home Type

Condominium

Est. Annual Taxes

$87,456

Year Built

Built in 1975

Lot Details

0

HOA Fees

$8,031 per month

Listing Details

  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 42
  • 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: 4040.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Bathrooms Integer: 6
  • Bedrooms: 4

Exterior Features

  • View: City Lights, City
  • View: Yes
  • Exterior Features: None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None
  • Property Condition: Excellent

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Concierge, Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 8031.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Zoning Description: RC

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: 7501
  • Tax Annual: 87456.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Price Changed $7,000,000 -6.7% $1,733 / Sq Ft
01/07/2025 01/07/25 Price Changed $7,500,000 -11.8% $1,856 / Sq Ft
10/02/2024 10/02/24 Price Changed $8,500,000 -15.0% $2,104 / Sq Ft
03/30/2023 03/30/23 For Sale $10,000,000 -- $2,475 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10994424

Real Estate Board of New York (REBNY)