$1,770,000
SOLD FEB 28, 2025
1 Bed
2 Baths
1,288 Sq Ft
$2,369/mo HOA Fee

Recently Sold

$1,374 Per Sq Ft

7% Below List Price

127 Days on Market

Highlights

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

About This Home

As of February 2025

Harkening back to the fashionable era of Halston and pre-millennium Gucci, this stylish high-floor and extra-large one bedroom (flex two) sits within one of the best lines of the iconic Olympic Tower. Expansive city views over Midtown, Billionaire's Row, and Central Park South are captured through the apartments' floor-to-ceiling windows.



Upon entering the residence, you are greeted by a large foyer, from which you can access the perfectly appointed kitchen, in-unit laundry, or the main living/dining spaces and/or separate bedroom wing. Two full bathrooms, adorned with marble floors and counters provide flexibility for your guests and privacy for you. Multiple closets, as well as two custom-designed built-in systems made of Italian mahogany offer substantial storage throughout the space.



Originally developed by Aristotle Onassis in 1976 and built by Skidmore, Owens & Merrill, The Olympic Tower Condominium has long been one of the premier white glove buildings in Manhattan. With 24-hour doormen, porters, and concierge services, as well as a residents' gym and bike storage, service, security, and privacy are top priorities here. Ideally located on Fifth Avenue and 51st Street, owners have access to some of the greatest shopping, cultural sites, and restaurants/caf s the city has to offer.



There is a 1% flip tax here.

Last Agent to Sell the Property

Dustin Crouse

Douglas Elliman Real Estate License #10301213122 Listed on: 07/16/2024

Douglas Elliman Real Estate

Co-Listed By

Erin Aries

Douglas Elliman Real Estate License #30AR1134386

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,937

Year Built

  • Built in 1975

HOA Fees

  • $2,369 Monthly HOA Fees

Home Design

  • Entry on the 34th floor

Interior Spaces

  • 1,288 Sq Ft Home
  • Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Utilities

  • Ductless Heating Or Cooling System

Listing and Financial Details

  • Legal Lot and Block 1099 / 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

$28,937

Year Built

Built in 1975

Lot Details

0

HOA Fees

$2,369 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 34
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Pets No Pets Comments: Service Dog,Building Pets Allowed Comments:Service Dog
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 52

Interior Features

  • Fireplace: No
  • Living Area: 1288.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: Yes
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City Lights, City, Panoramic
  • 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: Concierge
  • Cooling: Ductless
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2369.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

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: 1099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Mar 5, 2025
Sold by
Benihana Of Tokyo Llc
Bought by
Science Of Enlightenment Inc
Seller's Agent
Dustin Crouse
Douglas Elliman Real Estate
List Price
$1,900,000
Sold Price
$1,770,000
Premium/Discount to List
-$130,000
-6.84%
Views
38
Current Estimated Value
$1,835,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,855
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Aug 10, 2015
Sold by
Levy Richard
Bought by
Benihana Of Tokyo Llc

Purchase Details

Closed on
Oct 9, 2014
Sold by
Levy Lynn and Levy Richard
Bought by
Levy Richard

Purchase Details

Closed on
Jun 25, 2001
Sold by
Rabinowitz Carole Little
Bought by
Levy Lynn and Levy Richard
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $1,770,000 --
Deed $2,600,000 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $1,770,000 -1.1% $1,374 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
10/16/2024 10/16/24 Price Changed $1,790,000 -5.8% $1,390 / Sq Ft
07/16/2024 07/16/24 For Sale $1,900,000 -- $1,475 / 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 $28,937 $231,614 $43,664 $187,950
2024 $28,937 $231,456 $43,664 $187,792
2023 $29,063 $236,917 $43,664 $193,253
2022 $28,128 $229,895 $43,664 $186,231
2021 $26,753 $218,093 $43,664 $174,429
2020 $29,001 $248,573 $43,664 $204,909
2019 $28,666 $248,594 $43,664 $204,930
2018 $27,168 $226,462 $43,664 $182,798
2017 $25,534 $224,522 $43,664 $180,858
2016 $24,021 $220,606 $43,664 $176,942
2015 $14,326 $216,266 $43,664 $172,602
2014 $14,326 $180,172 $43,664 $136,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10992812

Real Estate Board of New York (REBNY)

APN: 1287-1099