Income-Producing Residential
For Sale
$3,500,000
641 5TH AVE, New York, NY 10022
Two-bedroom condominium residence with Central Park and skyline views, established renter, and full-service building amenities.
Property Size1,791 SF
Price / SF$1,954
Days on Market222
Property Features for 641 5TH AVE
General Information
Standard status
Active
Size
1,791 SF
Property subtype
Apartment
Amenities
Central Air
Dishwasher
Elevator, High Ceiling, Walk-in Closets
3
No Fence
No Parking.
Panoramic, City, Greenbelt
Green Belt, None.
Building Details
Year Built
1975
Listing Agency:
(212) 891-7000
Listed By:
Douglas Elliman Real Estate
(516) 280-0868
Source:
Xome
Added: Jan 28
Changed: Sep 1
Last Checked: Sep 7 at 5:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
This 1,791-square-foot condominium residence occupies a northeast corner position within Olympic Tower. The layout includes two bedrooms, a separate primary dressing room, an en-suite marble bathroom, and two-and-one-half baths. A large living room is set behind floor-to-ceiling windows, while the windowed eat-in kitchen includes updated appliances and a washer/dryer. Central HVAC, 9-foot ceilings, and electric shades add functional comfort throughout the home.
The residence is located at Fifth Avenue and East 51st Street, with views toward Central Park and the New York City skyline. Olympic Tower was designed by Skidmore, Owings & Merrill and completed in 1975. Building services include 24-hour multilingual staff, a full-time doorman, concierge service, valet parking, and a fitness center. A renter is already in place, providing an existing income component for the next owner.
The residence is located at Fifth Avenue and East 51st Street, with views toward Central Park and the New York City skyline. Olympic Tower was designed by Skidmore, Owings & Merrill and completed in 1975. Building services include 24-hour multilingual staff, a full-time doorman, concierge service, valet parking, and a fitness center. A renter is already in place, providing an existing income component for the next owner.
Key Highlights
- 1,791‑square‑foot condominium residence
- Two bedrooms plus a separate primary dressing room and 2.5 baths
- 17 floor‑to‑ceiling windows with Central Park and skyline views
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
85,823
Businesses Nearby
Explore this area
Business Placement
Demographics for 10022, NY
36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom condominium residence with Central Park and skyline views, established renter, and full-service building amenities.
Where is this residential income property located?
The property is located at 641 5TH AVE New York, NY.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 1,791‑square‑foot condominium residence; Two bedrooms plus a separate primary dressing room and 2.5 baths; 17 floor‑to‑ceiling windows with Central Park and skyline views
