NOT LISTED FOR SALE

Olympic Tower 641 5th Ave Unit 45B Floor 45 New York, NY 10022

Midtown East Neighborhood

Estimated Value: $1,908,000 - $2,238,000

1 Bed
2 Baths
1,238 Sq Ft
$1,968/mo HOA Fee

Last Sold March 26, 2021

Last sale price $1,850,000 $1,494 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $15,153/month

177 Days on Market

Highlights

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

About This Home

As of March 2021

Located in the prestigious Olympic Tower, 641 Fifth Avenue #45B is a convertible two-bedroom, two-bathroom unit with 9.5' floor to ceiling windows that showcase breathtaking views of Central Park and Western and Eastern Manhattan. Rarely does a high floor apartment with these exception views become available at this price! This apartment boasts an entry foyer with ample closet space that leads to spacious living and dining areas with spectacular unobstructed views perfect North, East, and West. The kitchen features a washer/dryer, and the large master bedroom suite features an en suite bathroom with dressing area and large closets throughout. The oversized living room allows for the space to be converted seamlessly into a second bedroom. The Olympic Tower is a full service, luxury condominium building set in the heart of Manhattan's finest shopping district, steps from Central Park. Building amenities include Abagail Michael's concierge service, fitness center, a bike storage room, and a 24/7 doorman. Across from St. Patrick's Cathedral and Rockefeller Center, and surrounded by countless restaurants, cafes and shops. Unit 45B offers the unique opportunity to live in the center of Manhattan's premier shopping center, or lease for investment purposes.

Last Agent to Sell the Property

Matthew Lesser

Leslie J Garfield & Co Inc License #10301217047 Listed on: 08/17/2020

Co-Listed By

Ravi Kantha

Serhant License #10301211231

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,876

Year Built

  • Built in 1975

Lot Details

  • 0.59

HOA Fees

  • $1,968 Monthly HOA Fees

Home Design

  • 1,238 Sq Ft Home
  • Entry on the 45th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Utilities

  • Central Air

Additional Features

  • Property Views

Listing and Financial Details

  • Tax Block 01287

Community Details

Overview

  • 225 Units
  • Midtown Central Subdivision
  • 51-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,876

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,968 per month

Listing Details

  • Exposures: East,North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown Central
  • Entry Level: 45
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 51

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1238.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • View: Park/Greenbelt
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1968.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Area: 25602.0
  • Lot Size Dimensions: 112.92 x 192.5

Building Info

  • New Construction: No
  • Units: 225
  • Total Stories: 51
  • Year Built: 1975

Tax Info

  • Tax Block: 01287
  • Tax Annual: 27876.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Mar 26, 2021
Sold by
Transalpina Immobiliar Ag
Bought by
Manteco Usa Inc
Seller's Agent
Matthew Lesser
Leslie J Garfield & Co Inc
List Price
$1,995,000
Sold Price
$1,850,000
Premium/Discount to List
-$145,000
-7.27%
Current Estimated Value
$2,064,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,013
Avg. Annual Appreciation
2.36%

Purchase Details

Closed on
Jul 28, 1976
Sold by
Olympic Tower Associates
Bought by
Transalpina Immboiliar A G
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
Manteco Usa Inc $1,850,000 --
Transalpina Immboiliar A G -- --
Transalpina Immboiliar A G -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $1,850,000 -7.3% $1,494 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
08/17/2020 08/17/20 For Sale $1,995,000 0.0% $1,611 / Sq Ft
10/29/2014 10/29/14 Rented -- -- --
09/29/2014 09/29/14 Under Contract -- -- --
06/16/2014 06/16/14 For Rent $8,000 -- --
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 $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 $27,041 $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

  • Matthew Lesser

    Seller's Agent in 2021

    Matthew Lesser

    Leslie J Garfield & Co Inc

    (212) 574-6959

    1 in this area

    106 Total Sales

    Matthew Lesser
    Section Image
  • Ravi Kantha

    Seller Co-Listing Agent in 2021

    Ravi Kantha

    Serhant

    (914) 224-2191

    1 in this area

    121 Total Sales

    Ravi Kantha
    Section Image
  • Daniela Rivoir

    Seller's Agent in 2014

    Daniela Rivoir

    Sothebys International Realty

    (202) 820-4000

    3 in this area

    3 Total Sales

    Daniela Rivoir
    Section Image
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About Olympic Tower

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10888847

Real Estate Board of New York (REBNY)

APN: 1287-1186

New York New York County New York 10022 Midtown East

641 5th Ave Unit 45B, New York, NY

Not Listed for Sale

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