$7,000,000
$3M PRICE DROP

Olympic Tower 641 5th Ave Unit 42 HA New York, NY 10022

Midtown East Neighborhood

Estimated payment $53,863/month

Total Views 24,696
4 Beds
7 Baths
4,040 Sq Ft
$1,733 Price per Sq Ft

Highlights

  • Concierge
  • 2-minute walk to 5 Avenue-53 Street
  • Central Air
  • P.S. 59 Beekman Hill International Rated A
  • City View
  • 1-minute walk to Channel Gardens

About This Home

641 Fifth Avenue Apt. 42H and Apt. 42A Extraordinary SEVEN MILLION DOLLAR 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. 1780sf and Apt. 42A, approx 2259 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..



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 tax by purchaser, sorry no pets, pieds-a-terre, and corporate purchasers, permitted.

Listing Agent

Nancy Smith

Douglas Elliman Real Estate License #30SM0845272

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $87,456

Year Built

  • Built in 1975

HOA Fees

  • $7,505 Monthly HOA Fees

Interior Spaces

  • 4,040 Sq Ft Home
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 01287

Community Details

Overview

  • 225 Units
  • High-Rise Condominium
  • Olympic Tower Condos
  • Midtown East Subdivision
  • 52-Story Property

Amenities

  • Concierge

Property Details

Home Type

Condominium

Est. Annual Taxes

$87,456

Year Built

Built in 1975

Lot Details

0

HOA Fees

$7,505 per month

Listing Details

  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 42
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Pets No Pets Comments: Service Dog,Building Pets Allowed Comments:Service Dog
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 52

Interior Features

  • Fireplace: No
  • Living Area: 4040.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Bathrooms Integer: 6
  • Bedrooms: 4

Exterior Features

  • View: City Lights, City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Concierge, Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 7505.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Zoning Description: RC

Building Info

  • New Construction: No
  • Building Name: OLYMPIC TOWER
  • Units: 225
  • Total Stories: 52
  • Year Built: 1975

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01287
  • Tax Lot: 7501
  • Tax Annual: 87456.0

Map

About Olympic Tower

Range of Values:

Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Price Changed $7,000,000 -6.7% $1,733 / Sq Ft
01/07/2025 01/07/25 Price Changed $7,500,000 -11.8% $1,856 / Sq Ft
10/02/2024 10/02/24 Price Changed $8,500,000 -15.0% $2,104 / Sq Ft
03/30/2023 03/30/23 For Sale $10,000,000 -- $2,475 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10994424

Real Estate Board of New York (REBNY)

New York New York County New York 10022 Midtown East

641 5th Ave Unit 42 HA, New York, NY

Homes for Sale in New York, NY

This home is located at 641 5th Ave Unit 42 HA, New York, NY 10022 and is currently priced at $7,000,000, approximately $1,732 per square foot. This property was built in 1975. 641 5th Ave Unit 42 HA is a home located in New York County with nearby schools including P.S. 59 Beekman Hill International, Clinton School, and Simon Baruch Middle School 104.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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Nancy Smith
Listing Agent
Nancy Smith
Section Image
Douglas Elliman Real Estate
(212) 891-7787