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Olympic Tower, 641 Fifth Avenue, #42HA

$8,500,000 ($2,104 per ft2) | 4 beds, 5.5 baths | Approx. 4,040 ft2
Building Profile  | 
604 days on Market

Key Details

  • Listed: Mar 30, 2023
    Last Price Change: ($1.5M) on Oct 2
    Days on Market: 604
    Building Type: Condominium
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 551 times
Monthly Common Charges: $7,431
Monthly Real Estate Taxes: $7,288
Total Taxes & Fees: $14,719 ($3.64/ft2)
Est. Monthly Mortgage: $50,947
Total Est. Monthly Carrying Cost: $65,666 ($16.25/ft2)
Note: the above is based on a down payment of 10% ($850,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Spacious Corner Units: Two unique corner apartments with expansive views to the NW and SW, offering a serene living experience.
  • High-End Kitchen Appliances: Equipped with top-of-the-line Gaggenau, Miele, and Subzero appliances, perfect for culinary enthusiasts.
  • Luxurious En Suite Bathrooms: Large bedrooms featuring marble baths en suite, providing a touch of elegance and comfort.
  • Impeccable Building Services: Full-time doorman and concierge services ensure discreet and attentive assistance for residents.
  • Exclusive Amenities: Access to valet parking, a private gym, and a bike storage room enhances the luxury living experience.
  • Prime Midtown Location: Located near 5-star restaurants, Rockefeller Center, and the theater district, offering unparalleled convenience.

Description

641 Fifth Avenue Apt. 42H and Apt. 42A Extraordinary Valuable Opportunity

Two properties Apt. 42H and Apt. 42A, are offered for sale. Each offers unique views - NW and SW respectively Both corner units! Seller willing to sell at the same time both units.

Apt.

42H approx. 1791sf and Apt. 42A, approx 2249 sf feature spacious living/dining rooms, separate kitchens with high end appliances -Gaganeau, Miele, and Subzero, lovely wood cabinetry, and stainless-steel counters. The many closets with fitted storage space and large bedrooms with marble baths en suite contribute to a lifestyle so highly sought after that is graceful, comfortable, and serene. The iconic building is recognized globally as a residence chosen by princes, movie stars, industry leaders, and entrepreneurs.

Each pricing at $5,000,000. respectively.

Olympic Tower’s many longtime residents have selected this magnificent building as their home specifically to live in a location that showcases 5-star restaurants, Rockefeller Center, the theater district, and flagship designer shop. Private, cordial, polite, and impeccably managed by its on-site general manager, the staff of doormen, concierge, and building engineers offer discrete service to each resident. The building’s infrastructure includes a 4-pipe HVAC system, its own generator, four elevators and a service elevator.

Amenities include -valet parking, private gym, bike storage, and package room.

1 percent transfer fee by the buyer, sorry no pets, pieds-a-terre, and corporate purchasers, permitted.

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Listing courtesy of Douglas Elliman Real Estate

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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