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Olympic Tower, 641 Fifth Avenue, #49CDE

$34,000,000 ($3,400 per ft2) | 10 beds, 12 baths | Approx. 10,000 ft2
Building Profile  | 
77 days on Market

Key Details

  • Listed: Sep 5, 2024
    Days on Market: 77
    Building Type: Condominium
    Neighborhood: Midtown East (Manhattan)
    Doorman: FT Doorman
    Listing viewed 1,397 times
Monthly Common Charges: $17,481
Monthly Real Estate Taxes: $17,791
Total Taxes & Fees: $35,272 ($3.53/ft2)
Est. Monthly Mortgage: $202,966
Total Est. Monthly Carrying Cost: $238,238 ($23.82/ft2)
Note: the above is based on a down payment of 10% ($3,400,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Additional Building Features: The building also provides an attended lobby, concierge, FT doorman, 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, and terraces/balconies.
  • Prime Location: This luxurious property is located in the iconic Olympic Tower Condominium at 641 Fifth Avenue, Midtown East, close to the shops and restaurants along Fifth Avenue and cultural attractions such as the Museum of Modern Art. It also offers good public transportation and is close to the subway.
  • Spacious and Luxurious Units: The listing offers five separate homes, each designed with 9’ floor-to-ceiling windows providing brilliant natural light and fabulous views from every room. Residence 49CDE is a sprawling 10+-room home with 4-5 bedrooms, 4 full baths, and captivating panoramic views of NYC.
  • High-End Kitchens and Living Spaces: Each unit features grand living and dining rooms with northern and southern exposures, a spacious streamlined kitchen styled with top-of-the-line stainless steel appliances, abundant cabinetry, and a breakfast area. The primary bedroom suite even includes a second fully-equipped marble kitchen.
  • Exquisite Master Suite: The oversized primary bedroom suite features 2 large fully-outfitted closets with custom cabinetry, shelving & built in drawers. The grand en-suite spa bath is clad in travertine, marble and porcelain, with dual vanities, a soaking tub, glass-enclosed shower, and private water closet with sink.
  • Ample Storage and Amenities: The property offers generous storage room with a 100+ bottle Sub-Zero wine cooler. Building amenities include full staff on hand 24 hours a day, a gym, barber and fitness center, and a backup power system in the event of a severe power outage.

Description

A Vertical Compound Offering Five (5) Gracious Homes are now available for sale within the iconic Olympic Tower Condominium located at 641 Fifth Avenue. Ideal for a corporate CEO, international mogul, celebrity, or anyone who lives a luxurious lifestyle demanding the utmost discretion and security. Five Homes to choose where you and your guests can stay. Designed to capture the majesty of NYC, Olympic Tower was built as a wall of glass with 9’ floor-to-ceiling windows in each unit providing brilliant natural light and fabulous views from every room. Residence 49CDE is a sprawling 5,250 , 10+-room home with 4-5 bedrooms, 4 full baths, and captivating panoramic views of NYC from walls of windows throughout. Here you’ll enjoy a front-row seat to Manhattan, spanning river to river, encompassing iconic NY landmarks, from Central Park, St. Patrick’s Cathedral and Rockefeller Center to the Empire State Building, all the way down to Freedom Tower. Two grand living and dining rooms with northern and southern exposures showcase the breathtaking NYC landscape in both directions and provide a perfect backdrop for entertaining. Tailored to the chef is a spacious streamlined kitchen styled with top-of-the-line stainless steel appliances, abundant cabinetry, and a breakfast area with a stunning eastern view out to Long Island. Your oversized primary bedroom suite features 2 large fully-outfitted closets with custom cabinetry, shelving & built in drawers.

The grand en-suite spa bath is clad in travertine, marble and porcelain, with dual vanities, a soaking tub, glass-enclosed shower, and private water closet with sink. Further indulging you are the amazing vistas stretching north over Central Park, west to NJ past the Hudson River, and east to Long Island beyond the East River. Within the primary retreat is a second fully-equipped marble kitchen for late night snacking or morning coffee with its own service entrance, premium appliances, and Bosch washer/dryer. Graciously proportioned Bedroom 2 is accessed via a long private hall lined with custom smoke glass-faced closets, and complemented by an elegant en-suite bath.

Bedroom 3 is also en-suite with a shower bath, and custom floor-to ceiling closets & cabinetry. Bedroom 4 is currently used as an office, with custom wood cabinets concealing a Murphy bed. A multi-camera security system and discreetly marked doors as part of a luxury hallway additionally reflect the privacy, discretion and quality one can expect at Olympic Tower.

For the wine enthusiast is a generous storage room with a 100+ bottle Sub-Zero wine cooler, plus lots of room for luggage and large items. This glamorous home will appeal to the most discerning families, corporate leaders, or those seeking an incomparable exclusive lifestyle. OTHER UNITS : high caliber finishes 31G: 1575 sq ft A spacious 2 bedroom 2 bath apartment with extraordinary views directly over St. Patrick’s Cathedral, facing south down Fifth Avenue for as far as the eye can see. 33C: 1325 sq ft A stunning one-bedroom with floor-to-ceiling windows framing views rarely seen. 31B:1275 sq ft Another lovely one-bedroom, fully outfitted for family members or business associates visiting NY with awe-inspiring views. 23D1 600 sq ft An exquisite custom wood-paneled studio, larger than most one-bedrooms, complete with a Murphy bed, custom cabinetry, a fully outfitted kitchen and bath with marble counters, wood-paneled office alcove and large closet. Amenities are simply unrivaled.

Full staff are on hand 24 hours a day, with most fluent in many languages. There is a gym, barber and fitness center, and in the event of a severe power outage, a backup power system. This offering diversifies one’s portfolio and provides multiple opportunities for the savvy business person. Take a look at the various floor plans and our lifestyle video to gain a full understanding of this one of a kind opportunity.

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Apartment Amenities

  • Washer/Dryer in apt.
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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