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Olympic Tower, 641 Fifth Avenue, #PH4/5

Listing no longer available on CityRealty as of Feb 6, 2024
It previously was on the market for a total of 243 days.
25 apartments are currently available in this building.
243 days on Market

Pricing History

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Key Details

  • Listed: Jun 8, 2023
    Days on Market: 243
    Building Type: Condominium
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 611 times
Monthly Common Charges: $14,497
Monthly Real Estate Taxes: $13,817
Total Taxes & Fees: $28,314 ($3.00/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $244,269 ($25.85/ft2)
Note: the above is based on a down payment of 10% ($3,500,000), which is the minimum amount permitted by the building.

Description

A rare opportunity awaits discerning buyers on the top two floors of the famed Olympic Tower in the iconic heart of Manhattan. Penthouse 4/5 is the ultimate canvas for those seeking the perfect place in which to create a custom trophy residence at one of the most sought-after buildings for celebrities, industry leaders, royalty, and more. Over 9,000 square feet of space is spread across two expansive floors offering sweeping river-to-river city views of the Empire State Building, Rockefeller Center, the Chrysler Building, and St. Patrick’s Cathedral. Marvelous structural elements can accommodate and accentuate any design motifs and lifestyle needs.

Truly, the possibilities are endless. Grand in appearance and feel, the home features soaring 14-to-16-foot ceilings, wraparound floor-to-ceiling windows, a pair of regal spiral staircases, two interior elevators, and multiple wood-burning fireplaces. It is currently configured as an 8-bedroom, 8-full bathroom, 2-powder room duplex with all bedrooms on the 50th floor. There are two primary suites with spa features like a whirlpool tub and sauna, and each of the remaining bedrooms has a dedicated full bathroom. On the 51st floor are two welcoming galleries, palatial living and dining rooms, a skylit library, a massive entertaining room, a staff kitchen, and a windowed eat-in kitchen overlooking the Empire State Building. Located on Fifth Avenue, The Olympic Tower is a historic luxury condominium with discreet, highly-professional service staff.

The building has a fully-equipped gym and concierge, and it is moments from renowned Manhattan landmarks like Rockefeller Center, MoMA, Carnegie Hall, Radio City Music Hall, Grand Central Terminal, Bryant Park, the Theater District, and Central Park. (Images with furniture are virtually rendered,)

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About Olympic Tower, 641 Fifth Avenue

90

Olympic Tower, 641 Fifth Avenue has received a CityRealty Rating of 90, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

34
Out of 44
+
30
Out of 36
+
16
Out of 39
+
10
=
90
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Very Attractive 3 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
Yes 1 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Central AC
  • Garden
  • Health Club
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Lounge
  • Fitness Center
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Bike Room
  • Fireplaces
  • Live-In Superintendent
  • Terraces / Balconies

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