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RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10022
  6. 641 5th Avenue #49CDE
Property thumbnail
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Condominium•Midtown East

641 5th Avenue #49CDE, New York City, NY 10022

Listing Courtesy of Compass

$34,000,000

Potential Rebate: $510,000

Condominium
10 Beds
12 Baths
24 Rooms
10,000 sqft
Built 1976
51 Stories
3,400/ft²
Listed on Aug 16, 2023
884 days on market
Book a Tour

Overview

A Vertical Compound Offering Five (5) Gracious Homes are now available for sale within the iconic Olympic Tower Condominium located at 641 Fifth Avenue.

Ideal for a corporate CEO, international mogul, celebrity, or anyone who lives a luxurious lifestyle demanding the utmost discretion and security. Five Homes to choose where you and your guests can stay.

Designed to capture the majesty of NYC, Olympic Tower was built as a wall of glass with 9’ floor-to-ceiling windows in each unit providing brilliant natural light and fabulous views from every room.

Residence 49CDE is a sprawling 5,250 , 10+-room home with 4-5 bedrooms, 4 full baths, and captivating panoramic views of NYC from walls of windows throughout. Here you’ll enjoy a front-row seat to Manhattan, spanning river to river, encompassing iconic NY landmarks, from Central Park, St. Patrick’s Cathedral and Rockefeller Center to the Empire State Building, all the way down to Freedom Tower.

Two grand living and dining rooms with northern and southern exposures showcase the breathtaking NYC landscape in both directions and provide a perfect backdrop for entertaining.

Tailored to the chef is a spacious streamlined kitchen styled with top-of-the-line stainless steel appliances, abundant cabinetry, and a breakfast area with a stunning eastern view out to Long Island.

Your oversized primary bedroom suite features 2 large fully-outfitted closets with custom cabinetry, shelving & built in drawers. The grand en-suite spa bath is clad in travertine, marble and porcelain, with dual vanities, a soaking tub, glass-enclosed shower, and private water closet with sink. Further indulging you are the amazing vistas stretching north over Central Park, west to NJ past the Hudson River, and east to Long Island beyond the East River. Within the primary retreat is a second fully-equipped marble kitchen for late night snacking or morning coffee with its own service entrance, premium appliances, and Bosch washer/dryer.

Graciously proportioned Bedroom 2 is accessed via a long private hall lined with custom smoke glass-faced closets, and complemented by an elegant en-suite bath. Bedroom 3 is also en-suite with a shower bath, and custom floor-to ceiling closets & cabinetry. Bedroom 4 is currently used as an office, with custom wood cabinets concealing a Murphy bed. A multi-camera security system and discreetly marked doors as part of a luxury hallway additionally reflect the privacy, discretion and quality one can expect at Olympic Tower. For the wine enthusiast is a generous storage room with a 100+ bottle Sub-Zero wine cooler, plus lots of room for luggage and large items.

This glamorous home will appeal to the most discerning families, corporate leaders, or those seeking an incomparable exclusive lifestyle.
OTHER UNITS : high caliber finishes

31G: 1575 sq ft A spacious 2 bedroom 2 bath apartment with extraordinary views directly over St. Patrick’s Cathedral, facing south down Fifth Avenue for as far as the eye can see.

33C: 1325 sq ft A stunning one-bedroom with floor-to-ceiling windows framing views rarely seen.

31B:1275 sq ft Another lovely one-bedroom, fully outfitted for family members or business associates visiting NY with awe-inspiring views.

23D1 600 sq ft An exquisite custom wood-paneled studio, larger than most one-bedrooms, complete with a Murphy bed, custom cabinetry, a fully outfitted kitchen and bath with marble counters, wood-paneled office alcove and large closet.

Amenities are simply unrivaled. Full staff are on hand 24 hours a day, with most fluent in many languages. There is a gym, barber and fitness center, and in the event of a severe power outage, a backup power system.

This offering diversifies one's portfolio and provides multiple opportunities for the savvy business person.

Take a look at the various floor plans and our lifestyle video to gain a full understanding of this one of a kind opportunity.

https://nypost.com/2023/08/24/five-unit-portfolio-at

Home Features

  • •Central Air
  • •Central
  • •Common On Floor
  • •Common Area
  • •Valet
  • •Bidet
  • •Chandelier
  • •Double Vanity

Building Amenities

  • •Valet

Estimated Monthly Payment

$203,278 per month

30 year fixed, 6.28% Interest

Principal and Interest
$168,006
Property Taxes
$17,791
Maintenance/Common Charges
$17,481

Estimated Rebate for this Home

One-time rebate at closing

$510,000

Monthly savings impact

$1,417/mo

Effective Purchase Price

$33,490,000

(Home Price - Estimated Rebate)

💡 Estimated rebate from our commission

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).

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RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

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 and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.

The Real Estate Rebate Team

Listing Courtesy of Compass

Data Source: TRESTLE #RLS10971213

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Why Buy With Us

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Experience

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Listings

RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

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 and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.

The Real Estate Rebate Team

Listing Courtesy of Compass

Data Source: TRESTLE #RLS10971213

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Price Analysis

Compare average listing prices and value metrics for 641 5th Avenue against the surrounding East Midtown market.

Based on 4 active units in building vs 198 in area

Average List Price

Building$10.7M
Neighborhood$4.8M

Price Per SqFt

Building Avg$2,240/ft²
Neighborhood Avg$2,408/ft²
Value Opportunity

7.00% Lower

than the East Midtown price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

East Midtown

Overview of East Midtown

East Midtown is the corporate heart of the city. It is impressive and tall. For buyers seeking East Midtown Manhattan real estate, it offers walk-to-work convenience.

Living in East Midtown is efficient. As a Manhattan NYC neighborhood, it is global.

Real Estate & Housing Market

The market for homes for sale in East Midtown includes luxury high-rise condos.

Lifestyle & Community

The lifestyle in East Midtown is busy on weekdays, quiet on weekends.

Transportation & Accessibility

East Midtown is connected to everything via Grand Central.

Parks, Schools & Amenities

Bryant Park is nearby.

Amenities: World-class shopping on 5th Ave.

Who This Neighborhood Is Best For

East Midtown is best for corporate professionals.

East Midtown GuideAll Neighborhoods
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