Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,295,000

Listed at $3,495,000 · Sold 5.7% below asking · Closed August 14, 2024

Closed For Sale Condo

$3,495,000

$1,949 per sq ft

641 Fifth Avenue #40E

Midtown, Manhattan

Olympic Tower

MLS® #RLS10975929

RLS at REBNY

Listing by Engel & Volkers New York Real Estate LLC

2

Bedrooms

2.5

Baths

1,793

Sq. Ft.

1975

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,793 sq ft
Lot Size 25,602 sq ft
Year Built 1975
Ownership Condo
HOA/Common Charges $3,299/mo
Property Taxes $41,256/yr
Neighborhood Midtown

Property Highlights

  • Location: Midtown, Manhattan
  • Property Type: Condo
  • Built: 1975

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Pets Yes
Year Built 1975
Living Area 1,793 sq ft
Structure Type HighRise
Furnished Negotiable
Lot Size 25,602 sq ft
Block/Lot 01287/7501

Listing History

Event Date Price Change
Listed Mar 19, 2024 $3,495,000 -
Currently Jun 1, 2026 $3,495,000 -

Description

Recently Updated Corner Two-Bedroom at Olympic Tower Welcome to this recently updated corner two-bedroom home with breathtaking views at the iconic Olympic Tower. As you step into this high-floor, 1,793 square foot residence, you're greeted by an abundance of natural light flooding in from the south and east exposures, creating a bright and inviting atmosphere throughout. The expansive 9' floor-to-ceiling windows outfitted with motorized shades showcase panoramic views of iconic landmarks including the Empire State Building, St. Patrick’s Cathedral, and the serene East River. The well-appointed windowed eat-in kitchen is a chef's delight, featuring top-of-the-line Miele and Subzero appliances, perfect for preparing meals and entertaining guests. Boasting two spacious bedrooms offering views of the Empire State Building, each with its own en-suite marble bathroom, this home offers ultimate privacy and comfort. Additionally, a convenient powder room is available for guests. Other features include: new wood floors throughout, 9’ ceiling heights, abundant outfitted closets, all new doors and trim, new hardware, new crown moldings, central A/C with Nest thermostats, and washer/dryer in the unit. Developed by Aristotle Onassis and designed by the world-renowned architectural firm of Skidmore, Owings & Merrill, The Olympic Tower is one of New York’s finest full-service white glove condominiums. Amenities include doorman, concierge, gym, valet parking, and package room. Corporate purchases, pieds-a-terre permitted. Sorry, no pets. 1% transfer fee by buyer.

Features & Amenities

Interior Features

Elevator Common On Floor In Unit

Building Information

Building Olympic Tower
Building Data View Compliance & Permits
Total Units 225
Stories 51
Structure HighRise

Financial Details

Common Charges $3,299/mo
RE Taxes $41,256/yr ($3,438/mo)
Sale Price $3,295,000

Midtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.

Midtown Live Market Data

View Neighborhood

Active Listings

227

Median Asking Price

$1.91M

Median $/Sqft

$1,700

Avg Days on Market

N/A

New This Week

14

Price Reduced

35%

Sold (30 Days)

14

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 6/1/26, 7:02 PM EST

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Location

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641 Fifth Avenue #40E, Midtown, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Frequently Asked Questions

Common questions about this property

The current listed common charges are $3,299 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $41,256, or roughly $3,438 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,793 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1975, making it approximately 51 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker.

At the current list price of $3,495,000 for 1,793 sq ft, the asking price per square foot is approximately $1,949. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10975929
First Listed: 3/19/2024
On Market: 3/19/2024
Closed: 8/14/2024
Contract Date: 3/19/2024

Listing Courtesy of Engel & Volkers New York Real Estate LLC - Fran Shapiro

Listing Contact: (212) 616-7600

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/1/2026 at 11:02 PM UTC

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