$1,500,000
SOLD OCT 15, 2024
1 Bed
2 Baths
1,288 Sq Ft
$2,369/mo HOA Fee

Recently Sold

$1,165 Per Sq Ft

19% Below List Price

113 Days on Market

Highlights

  • City View
  • 2-minute walk to 5 Avenue-53 Street
  • High-Rise Condominium
  • P.S. 59 Beekman Hill International Rated A
  • North Facing Home
  • 1-minute walk to Channel Gardens

About This Home

As of October 2024

Opportunity to Purchase at a Very Reasonable Price at Olympic Tower - 1 Bedroom 2 Full Bath apartment on the 26th floor Fabulous Central Park views approx. 1288 sf at an Incredible Value!

The spacious apartment awaits your design eye to reinvent this amazing offering to reflect your style.

The grand entrance gallery leads you to a spacious dining/living room. The full kitchen features a Miele stove and Miele cooktop with Viking hood and an LG combination W/D. The 9' floor to ceiling windows with fantastic views of the NYC skyline and Central Park allow elegant light into all major rooms. Having approx. 1288 square feet, the well layout floor plan creates a graceful flow of space including a beautifully proportioned primary bedroom suite with excellent closet space and a marble bath ensuite, a separate office, and an additional full bath.

Olympic Tower is renowned for its impeccable service and devotion to its residents. Full time doorman, concierge, and building engineers meet requests promptly with attention and grace. The iconic building's architects, Skidmore, Owens and Merrill, designed Olympic Tower for the ages with timeless features of prime midtown location, modern exterior, and oversized windows. From the moment you find yourself in the lobby, you will understand why Olympic Tower residents enjoy their elegant and a serene lifestyle in this world class building.

Accessible to five star restaurants, designer shops, the theater district, and Central Park.

Amenities, include a well appointed gym, valet parking, bike storage, and package room.

Corporate ownership, pieds-a-terre permitted. Sorry, no dogs. 1% transfer fee by the buyer

Last Agent to Sell the Property

Nancy Smith

Douglas Elliman Real Estate License #30SM0845272

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,937

Year Built

  • Built in 1975

HOA Fees

  • $2,369 Monthly HOA Fees

Interior Spaces

  • 1,288 Sq Ft Home
  • Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Additional Features

  • North Facing Home
  • No Cooling

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 7501 / 01287

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,937

Year Built

Built in 1975

Lot Details

0

HOA Fees

$2,369 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 26
  • 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: 1288.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2369.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

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

Map

Range of Values:

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Average Value
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Sold Price
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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
10/15/2024 10/15/24 Sold $1,500,000 -18.9% $1,165 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $1,850,000 -- $1,436 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $28,937 $231,456 $43,664 $187,792
2023 $29,063 $236,917 $43,664 $193,253
2022 $28,128 $229,895 $43,664 $186,231
2021 $26,753 $218,093 $43,664 $174,429
2020 $29,001 $248,573 $43,664 $204,909
2019 $28,666 $248,594 $43,664 $204,930
2018 $27,168 $226,462 $43,664 $182,798
2017 $25,534 $224,522 $43,664 $180,858
2016 $24,021 $220,606 $43,664 $176,942
2015 $17,365 $216,266 $43,664 $172,602
2014 $17,365 $180,172 $43,664 $136,508
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $1,500,000 --
Deed -- --
Deed -- --
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10982914

Real Estate Board of New York (REBNY)

APN: 1287-1035