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High-Floor Residential Income Property
New
For Sale
$2,795,000

641 5TH Avenue 42G, New York City, NY 10022

The two-bedroom residence includes a separate dining area and an in-unit washer and dryer.

Property Size1,600 SF
Price / SF$1,746
Days on Market3

Property Features for 641 5TH Avenue 42G

General Information

Standard status Active
Size 1,600 SF
Elevators Yes
Property subtype Apartment

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $34,884

Amenities

fitness center
bike storage
package room
valet parking

Building Details

Building Size 1,600 SF
Year Built 1975
Buildings 1
Stories 51
Listing Agency: Brown Harris Stevens Residential Sales LLC
Listed By: Jay K Overbye
Source: Howardhannanyc
Added: Sep 29 Changed: Oct 1 Last Checked: Oct 1 at 2:05PM

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 Brown Harris Stevens Residential Sales LLC

Investment Insights

Based on property information with market context.

Set on the 42nd floor of Olympic Tower, this condominium residence offers approximately 1,600 square feet, with two bedrooms and two bathrooms. Southern and western exposures bring natural light into the living room and separate dining area. The kitchen has modern appliances and storage, while marble finishes feature in both bathrooms. An in-unit washer and dryer and ample closets add practical convenience. The residence is part of a 51-story condominium completed in 1975, with 229 residences.

Building services and amenities include a 24-hour doorman and concierge, multiple elevators, a private fitness center, bike storage, a package room, and valet parking. A four-pipe HVAC system and building generator are also noted. The property is on Fifth Avenue in Midtown, near Rockefeller Center, the Theater District, Central Park, shopping, restaurants, and cultural destinations.

Key Highlights

  • Approximately 1,600 square feet with two bedrooms and two bathrooms
  • Located on the 42nd floor, with southern and western exposures
  • Separate living and dining areas; kitchen has modern appliances and storage

Property Analytics

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Current Use

Sunrise Unlimited Inc Landscaping The Olympic Tower Condominium Complex Chef Omakase Take-out & Catering Olympic Tower Engineering Engineer Growth Overseas Dev ... Financial Advisor

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Adult Day Care Nursing Home Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

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
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Frequently Asked Questions

What type of property is this?
Residential income property - The two-bedroom residence includes a separate dining area and an in-unit washer and dryer.
Where is this residential income property located?
The property is located at 641 5TH Avenue 42G New York City, NY.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: Approximately 1,600 square feet with two bedrooms and two bathrooms; Located on the 42nd floor, with southern and western exposures; Separate living and dining areas; kitchen has modern appliances and storage
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