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Olympic Tower, 641 Fifth Avenue, #28A

$2,999,000 ($1,674 per ft2) | 2 beds, 2.5 baths | Approx. 1,792 ft2
Building Profile  | 
394 days on Market

Key Details

  • Listed: Oct 26, 2023
    Last Price Change: ($251,000) on Sep 12
    Days on Market: 394
    Building Type: Condominium
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 213 times
Monthly Common Charges: $3,329
Monthly Real Estate Taxes: $3,371
Total Taxes & Fees: $6,700 ($3.74/ft2)
Est. Monthly Mortgage: $17,975
Total Est. Monthly Carrying Cost: $24,675 ($13.77/ft2)
Note: the above is based on a down payment of 10% ($299,900), which is the minimum amount permitted by the building.

Insider Highlights

  • Location: Prestigious Manhattan Location
  • This luxurious home is situated in the prestigious Midtown East of Manhattan, along Fifth Avenue, offering easy access to world-class shopping, restaurants, museums, and theaters. Public transportation is also conveniently accessible with the E, M, and 6 trains close-by, as well as numerous bus lines.
  • Layout: Spacious and Bright 2 Bedroom Home
  • This spacious 2 bedroom, 2.5 bathroom home boasts approximately 1,792 sq ft of space, featuring an oversized north and west facing corner living/dining room with floor to ceiling windows, and a large eat-in-kitchen with views onto Radio City Music Hall.
  • Master Suite: Luxurious Primary Suite
  • Second Bedroom: Large Bedroom with Park Views

Description

28A in Manhattan’s prestigious Olympic Tower is a spacious 2 bedroom, 2.5 bathroom 1792 sq ft home with stunning open city and Central Park views from the living room and both bedrooms. A gracious foyer gives way to the oversized north and west facing corner living/dining room, bathed in light from its floor to ceiling windows. Off the dining area is the large eat-in-kitchen with views onto Radio City Music Hall as well as a washer/dryer. A bedroom hall separates the entertaining and sleeping areas offering privacy and sanctuary.

The enormous primary suite is a true spacious retreat with a wall of windows with open city and park views. Storage abounds with 2 walk-in closets as well as a dressing area with additional built-in storage. The en-suite marble bath features a soaking tub, separate shower stall, bidet and large vanity providing a spa-like experience.

The large 2nd bedroom also overlooks Central Park and has 3 outfitted closets as well as an en-suite bath. Additional features such newly replaced Central AC, abundant storage and a powder room complete this magnificent home. Olympic Tower is located in the heart of Midtown along Fifth Avenue and across from Saint Patrick’s Cathedral.

With top notch service this condominium provides amenities such as a 24-hour doorman, concierge service, porters, a resident manager, fitness center, bike storage and parking. Access to world famous shopping, restaurants, museums, and theaters are mere blocks away with iconic attractions like Rockefeller Center, Radio City Music Hall, and Saint Patrick’s Cathedral right across the street. The E, M, and 6 trains are close-by as well as many bus lines.

Please note that dogs are not allowed in this building. There is a 1% flip tax paid by the buyer.

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Listing courtesy of Compass

Pricing History

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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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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
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Subways

  1. M
  2. E
at 5th Ave and 53rd 0.08 miles
  1. 6
at Lexington Ave 0.25 miles
  1. B
  2. D
  3. F
at 6th Ave and 51st 0.28 miles
  1. N
  2. Q
  3. R
at 5th Ave and 60th 0.42 miles
  1. 1
at Broadway 0.45 miles
  1. 4
  2. 5
  3. 7
at Madison Ave and 42nd 0.47 miles

Aerial Imagery

 

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