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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 #42H
Property thumbnail
1 / 16
Condominium•Midtown East

641 5TH Avenue #42H, New York City, NY 10022

Listing Courtesy of Douglas Elliman Real Estate

$3,250,000

Potential Rebate: $48,750

Condominium
2 Beds
3 Baths
4 Rooms
1,780 sqft
Built 1975
52 Stories
1,826/ft²
Listed on Sep 11, 2023
858 days on market
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Overview

<p>641 Fifth Avenue Apt. 42H Extraordinary Opportunity NOW $3,250,000</p> <p>Apt. 42H with views of Saint Patrick's Cathedral and the Empire State Building, 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. 42H features spacious living/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 entrepreneur</p> <p>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 just a few blocks away.</p> <p>Private 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. </p> <p> 1% transfer fee by the buyer, sorry no pets, pieds-a-terre, and corporate purchasers, permitted. $231.51 assessment per month</p>

Home Features

  • •Central Air
  • •Private Outdoor Space Under 60 Sqft
  • •Smoke Free
  • •City
  • •River

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Listed on Oct 9, 2025
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$3,250,000
★ Sponsor Unit

303 PARK Avenue #3102, New York City, NY 10022

Listing Courtesy of Douglas Elliman Real Estate

1 Beds
1.5 Baths
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952 sqft
Built 1931
✓ No Board Approval
View Details

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 Douglas Elliman Real Estate

Data Source: TRESTLE #RLS10994425

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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 Douglas Elliman Real Estate

Data Source: TRESTLE #RLS10994425

RLS at REBNY

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

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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Estimated Monthly Payment

$22,743 per month

30 year fixed, 6.28% Interest

Principal and Interest
$16,059
Property Taxes
$3,211
Maintenance/Common Charges
$3,473

Estimated Rebate for this Home

One-time rebate at closing

$48,750

Monthly savings impact

$135/mo

Effective Purchase Price

$3,201,250

(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).

Price Analysis

Compare average listing prices and value metrics for OLYMPIC TOWER against the surrounding East Midtown market.

Based on 1 active unit in building vs 198 in area

Average List Price

Building$2.8M
Neighborhood$4.8M

Price Per SqFt

Building Avg$3/ft²
Neighborhood Avg$2,408/ft²
Value Opportunity

99.86% 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.