Key Details

Listed: Oct 15, 2024

Days on Market: 32

Building Type: Condominium

Neighborhood: Midtown East (Manhattan)

Doorman: FT Doorman

Listing viewed 123 times

Monthly Common Charges: $3,274

Monthly Real Estate Taxes: $3,347

Total Taxes & Fees: $6,621 ($3.68/ft²)

Est. Monthly Mortgage: $22,386

Total Est. Monthly Carrying Cost: $29,007 ($16.12/ft²)

Note: the above is based on a down payment of 10% ($375,000), which is the minimum amount permitted by the building.

Insider Highlights

Prime Location: This stunning 2 bed, 2.5 bath residence is located in the prime Midtown East, close to top shopping, dining options, and cultural attractions such as the Museum of Modern Art. It also offers easy access to public transportation and the subway.
Stunning Views and Natural Light: The spacious 1,800+ sf corner residence offers abundant natural light and stunning views of the Manhattan skyline, including the Empire State Building, The Rockefeller Center, the Freedom Tower, and a river view.
Modern Amenities: The apartment features an open kitchen with brand new Bosch washer and drier, Viking stove, and Wolf oven. The building provides emergency electric power in case of a power outage and has a live-in superintendent, bike room, fireplaces, and terraces/balconies.
Building Features: The Olympic Tower, a renowned luxury condominium built in 1975, is a pioneering mixed-use building with high-quality retail and large arcade. It has 229 apartments across 52 floors.
Exclusive Services: The building offers a private gym, 24-hour concierge, security, on-site maintenance, a health club, rooftop terrace, resident storage, central AC, and in-unit washer/dryer.
Renovated Residence: The residence has been recently renovated with brand new appliances and fixtures, ensuring a modern and comfortable living experience.

Description

High up atop of Fifth Avenue, it is a rarely available 2 Bed 2.5 Bath residence at the renowned Olympic Tower. Offered renovated, it features Fifth Avenue frontage and South and West exposures, which allow for abundance of natural light and most breathtaking downtown views. This spacious 1,800+ sf corner residence opens into a sun drenched and opulent living and dining room.

The renovated open kitchen features brand new appliances including a brand new Bosch washer and drier, Viking stove and Wolf oven, as well as a dining area with Hudson River views. Both, the Grand Master and the second bedroom feature a wall of south-facing floor-to-ceiling windows, TVs and more. Every room of this residence offers stunning views of the Empire State Building and The Rockefeller Center especially at night.

In addition, you can see the Freedom Tower shimmer in the most amazing way at both sunrise and sunset. Brand new marble floor throughout the apartment, custom lighting, remote window treatments, build- in bar with a wine cooler ,brand new bathroom fixtures make this residence very special..

Residents of Iconic Olympic Tower enjoy a sophisticated lifestyle and access to the private gym, 24-hour concierge, Security and on-site maintenance.

With its distinctive design, superb location and outstanding service, the Olympic Tower is regarded as one of the finest luxury condominium on Fifth Avenue just minutes away from some of the top shopping and dining midtown has to offer.

About Olympic Tower, 641 Fifth Avenue

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

Out of 44

Out of 36

Out of 39

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

Condo
Built in 1975
229 Apartments
52 Floors

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

About this Building

Pros

Impeccable location
Good public transportation
Across avenue from Rockefeller Center
High-quality retail
Large arcade
Concierge
Floor-to-ceiling windows
Pioneering mixed-use building
Dazzling views
Close to Subway

Cons

Many apartments
No sidewalk landscaping
No balconies
No roof deck
Considerable traffic
Many tourists

Map View | Street View

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