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High-Floor Residential Income Property

641 5TH Avenue 36H, New York City, NY 10022

For Sale
$2,310,000

Renovation-ready apartment with HVAC infrastructure and southern and western exposures.

Property Size1,780 SF
Days on Market56

Property Features for 641 5TH Avenue 36H

General Information

Standard status Active
Size 1,780 SF
Property subtype Apartment

Taxes and HOA fees

Annual Taxes $40,848

Building Details

Building Size 1,780 SF
Year Built 1975
Listing Agency: Douglas Elliman Real Estate
Listed By: Nancy Smith · License NY 30SM0845272
Source: Tricialee
Added: Sep 15 Changed: Nov 4 Last Checked: Nov 8 at 2:38PM

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

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Investment Insights

Based on property information with market context.

Positioned on the 36th floor of Olympic Tower, this approximately 1,780-square-foot residential income property is configured to accommodate two bedrooms and 2.5 baths. The interior is ready for renovation, with infrastructure and HVAC mechanics already in place, along with southern and western exposures.

The building provides doorman, concierge, and building engineering services. Valet parking, a private gym, and bicycle storage are available. The property is near the theater district, Rockefeller Center, Radio City Music Hall, couture retail, five-star restaurants, and Central Park.

Key Highlights

  • Approximately 1,780 SF on the 36th floor
  • Layout can accommodate two bedrooms and 2.5 baths
  • Infrastructure and HVAC mechanics are in place

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

85,823
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in New York City, NY

$1,262 Jul
$1,095 Aug
$1,095 Sep
$1,041 Oct

Properties on Market for Residential income properties in New York City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Renovation-ready apartment with HVAC infrastructure and southern and western exposures.
Where is this residential income property located?
The property is located at 641 5TH Avenue 36H New York City, NY.
What is the asking price?
The asking price for this property is $2,310,000.
What are key features of this property?
This property features: Approximately 1,780 SF on the 36th floor; Layout can accommodate two bedrooms and 2.5 baths; Infrastructure and HVAC mechanics are in place
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