Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $8,600,000

Listed at $9,500,000 · Sold 9.5% below asking · Closed May 1, 2015

641 5th Avenue #48GH
Closed For Sale Condo

$9,500,000

$2,876 per sq ft

641 5th Avenue #48GH

MIDTOWN, Manhattan

Olympic Tower

MLS® #RLS10076696

RLS at REBNY

Listing by Elliman

3

Bedrooms

4

Baths

3,303

Sq. Ft.

1976

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4
Living Area 3,303 sq ft
Year Built 1976
Ownership Condo
HOA/Common Charges $5,018/mo
Property Taxes $56,256/yr
Neighborhood MIDTOWN
Floor 48 of 51

Property Highlights

  • Location: MIDTOWN, Manhattan
  • Property Type: Condo
  • Built: 1976

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths null Full
Floor 48 of 51
Pets CatsOk
Cross Street East 51st & 52nd Streets
Year Built 1976
Living Area 3,303 sq ft

Listing History

Event Date Price Change
Listed Dec 31, 2012 $11,150,000 -
Price Reduced Jan 8, 2014 $10,000,000 -10.3%
Currently May 15, 2026 $9,500,000 -5.0%

Description

The world class location of the Olympic Tower in the heart of Midtown, surrounds this corner luxury apartment on the 48th floor, boasting breathtaking heart stopping views of the Manhattan skyline as far as the eye can see. The Empire State building, lower Manhattan, One World Trade, New York Harbor to the Hudson River, Central Park, and the George Washington Bridge are the setting. The interior of the magnificently renovated three bedroom three and a half bath home features onyx marble and limestone finishes, new Lutron System, beautiful huge closets with lovely detailed wood cabinetry, new HVAC units, electronic window shades, floor to ceiling windows, and 9 foot ceilings. A separate entrance defines an option to design a palatial master suite, entertaining/screening room or home office/exercise room to accommodate the owner or guests/staff with its own kitchen and meticulously appointed bath. The sprawling views distinguish your majestic home in the prestigious Olympic Tower with ready access to the heartbeat and excitement that defines New York City. (photos are virtually staged) Sorry, no pets.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $5,018/mo
RE Taxes $56,256/yr ($4,688/mo)
Original Price $11,150,000
Sale Price $8,600,000
Previous Price $10,000,000

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

215

Median Asking Price

$1.99M

Median $/Sqft

$1,708

Avg Days on Market

N/A

New This Week

12

Price Reduced

32%

Sold (30 Days)

22

Median Sale Price

$3.37M

Live data from RLS at REBNY • Updated 5/14/26, 9:29 PM EST

Recently Sold in MIDTOWN

View All

Location

Loading map...

641 5th Avenue #48GH, MIDTOWN, New York County • Near East 51st & 52nd Streets

Floor Plans

Floor Plan 1

Frequently Asked Questions

Common questions about this property

The current listed common charges are $5,018 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $56,256, or roughly $4,688 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 4 full bathrooms.

The listed interior living area is 3,303 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1976, making it approximately 50 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.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $9,500,000 for 3,303 sq ft, the asking price per square foot is approximately $2,876. 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 [email protected]. 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: RLS10076696
First Listed: 12/31/2012
Price Changed: 1/8/2014
Closed: 5/1/2015
Contract Date: 9/18/2012

Listing Courtesy of Elliman - Nancy R. Smith

Listing Contact: (917) 545-5304

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 5/15/2026 at 1:29 AM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton