$4,500,000 $5,000,000
Updated a day ago
Price drop

Olympic Tower

641 Fifth Ave, 42-A

Midtown East, Manhattan | East 51st Street & East 52nd Street

5 Rooms2 Beds3.5 Baths2,260 Square FeetCondo

$4,500,000 $5,000,000
Common Charges$4,157
RE Taxes$4,077
Price Per SF
$1,991

Listing Features

  • Corner Apartment
  • High Ceilings [9']
  • Walk-in Closet
  • Flr-to-Clg Windows
  • Wall of Windows
  • Convection Oven
  • Dishwasher
  • S Steel Appliances
  • Windowed Kitchen
  • Marble Bathroom
  • Powder Room
  • Stall Shower

Outdoor space and views

  • Central Park
  • City Views
  • North Exposure
  • West Exposure

Building Amenities

  • Full Service
  • Attended Elevator
  • Bike Storage
  • Fitness Facility
  • Laundry Room
  • Valet Service

Policies

  • No Dogs. Cats Allowed.
  • Pieds A Terre Ok

Property Description for 641 Fifth Ave, 42-A

641 Fifth Apt. 42A Extraordinary Opportunity NOW $4,500,000 - 2,260 sf (approx) Jaw Dropping Central Park Views! -

Apt. 42A, approx. 2249 soft convertible three bedrooms, 3.5 baths (see floor plan) surrounded by jaw dropping views North with views of Central Park, and West with views of the Hudson. Perched on the 42nd floor of the classic Olympic Tower and now define the world-renowned building's current magnificent flexible and creative residential option. Renovated, Apt. 42A feature spacious living room and separate grand dining room, kitchen 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 - graceful, comfortable, and serene in an iconic building recognized globally as a residence chosen by princes, movie stars, industry leaders, and entrepreneurs.

Apt. 42A may be sold along with Apt. 42H (See floor plan for both units). What a wonderful opportunity!

Surely, 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 shops having the city's special backyard - Central Park defined by its skating rink, zoo, grassy hills, sports fields, and its notable Conservancy.

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% transfer fee by the buyer, sorry no pets, part time residence and corporate purchasers, permitted.

Call me and we will meet for a private showing of your next home.


Listing History for 641 Fifth Ave, 42-A

Now
10/02/2024
$4,500,000 [-$500,000] [10%]
Price Drop by Nancy Smith
Douglas Elliman
2024

Building Details for 641 Fifth Ave

OwnershipCondo
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessAttended Elevator
Year Built1975
Financing Allowed90%
Floors/Apts52/213
Learn More About the Building

Transit and Citi Bike

Subway

5 Av/53 St
0.1 miles
47-50 Sts-Rockefeller Ctr
0.25 miles
51 St
0.28 miles
57 St
0.33 miles
7 Av
0.37 miles

Railroad

Grand CentralLong Island Rail Road
0.29 miles
Grand CentralMetro-North Railroad
0.43 miles

Citi Bike

W 52 St & 5 Ave
0.05 miles
Madison Ave & E 51 St
0.09 miles

Building Availability

APPSF
Median
Average
$2,263
$3,941,944
$5,436,272
$1,436
$2,212,500
$2,212,500
Last 12 months
$1,756
-
-
$111
$14,100
$14,100
Last 12 months
$82
-
-

Two Beds in Midtown East

APPSF
Median
Average
$2,732
$3,900,069
$4,093,786
$1,216
$2,035,000
$2,167,500

Midtown East | Manhattan

Quick Profile

Midtown West and Midtown East have a lot in common. They’re bustling, iconic, and full of people. But just like siblings, their personalities can be vastly different. Midtown East is a bit more sophisticated and doesn’t quite have the vivacity and unruliness that its westerly counterpart exudes. 

Midtown East is bordered by 42nd to the south, 59th Street to the north, 5th Avenue to the west, and 3rd Avenue to the east. 

The neighborhood is famous for its high-end stores, tourist attractions, posh hotels (budget ones too), and iconic architecture. Midtown East is also one of the largest financial and business hubs in Manhattan. During normal business hours the sidewalks are full of commuters and people moving from point A to point B. In the early evening, when the masses have left for the day, things suddenly get a little quieter and the sidewalks have a lot less foot traffic.  

Although largely a commercial neighborhood, residential areas of Midtown East do exist on the eastern section of the neighborhood. 

Grand Central Station is located in Midtown East and like Midtown West, it’s an extremely commutable neighborhood. The 4, 5, 6, 7 and S trains whisk people in and out of the neighborhood 24 hours a day. Grand Central Station also serves as a hub for New York State and Connecticut commuter rails. These trains can take you anywhere along the Hudson River or up into Connecticut. It’s perfect for day tripping. 

Similar Listings in Midtown East

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 2059119