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641 5th Avenue #C1, New York, NY 10022 Property Information

641 5th Avenue #C1, New York, NY 10022 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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641 5th Avenue #C1, New York, NY 10022 3
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Address

Building name Olympic Tower
Primary address 641 5th Avenue #C1
Secondary address 643-645 5th Ave
Neighborhood Central Midtown
Zip code 10022
Borough Manhattan
Block & lot 01287-1000

Sales & Tax Overview for 641 5th Avenue #C1, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 05/01/2017
Purchase price $1,425,000,000
Tax class
Estimated property tax $15,395,529

Lot & Building Information for 641 5th Avenue #C1, New York

Lot sq. ft. 21,736
Lot dimensions 201 ft x 193 ft
Property type Office Space (RB)
Building sqft 359,681
Building dimensions 112.9 ft x 180 ft
Buildings on lot 1
Stories 22
Year built 1973
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Zoning & Use for 641 5th Avenue #C1, New York

Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.29 Miles
Closest fire station 0.39 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Unit Overview

Unit # C1
Square feet 359,681
Condo complex 100013

Other Property Data for 641 5th Avenue #C1, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 641 5th Avenue #C1, New York, NY 10022, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 641 5th Avenue #C1, New York, NY 10022, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 643-645 5th Ave, New York, NY 10022
  • 3 E 51st St, New York, NY 10022
  • 6-8 E 52nd St, New York, NY 10022

About 641 5th Avenue #C1, New York

How many square feet does 641 5th Avenue #C1, New York, NY 10022 have?

This Office Space (RB) located at 641 5th Avenue #C1, New York, NY 10022 has a total of 359,681 square feet.

What is the year built & the current market value of 641 5th Avenue #C1, New York, NY 10022?

641 5th Avenue #C1, New York, NY 10022 was built in 1973 and has a current tax assessor's market value of $308,706,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 641 5th Avenue #C1, New York

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Property owner name for 641 5th Avenue #C1, New York, NY 10022
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Building contacts for 641 5th Avenue #C1, New York, NY 10022
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 641 5th Avenue #C1, New York

Create a free account to view the complete sales history for 641 5th Avenue #C1, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/01/2017 $1,425,000,000
05/01/2017 $532,950,000
04/28/2017 $76,541,025
       
       
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*Here are the three most recent sales for this property.

Title Documents for 641 5th Avenue #C1, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
11/16/2022 - D
11/30/2022 - R
Sundry Agreement
(2022112900097001)
12/17/2021 - R UCC3 Continuation
(2021121501757001)
08/26/2020 - D
10/20/2020 - R
Agreement
(2020101500700001)
12/10/2018 - D
03/18/2019 - R
Deed
(2018121400116001)
12/16/2017 - D
12/29/2017 - R
Deed
(2017122200558001)
06/06/2017 - R UCC3 Assignment
(2017060601190003)
06/06/2017 - R UCC3 Assignment
(2017060601190002)
06/06/2017 - R UCC3 Assignment
(2017060601190001)
05/30/2017 - D
06/08/2017 - R
Asgn of Asgn of L&R
(2017060800434003)
05/30/2017 - D
06/08/2017 - R
Asgn of Asgn of L&R
(2017060800434001)
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R: Recorded date
D: Document date

Property Taxes for 641 5th Avenue #C1, New York

Access detailed property tax data for Olympic Tower - 641 5th Avenue #C1, New York, NY 10022. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $15,069,792
Estimated property tax: $15,395,529
Tax assessor's market value: $308,706,000
Assessed value: $138,917,700

Assessment History for 641 5th Avenue #C1, New York

Here's the assessment & property tax history for 641 5th Avenue #C1, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $308,706,000 $138,917,700 $138,917,700 10.848% $15,069,792 $15,069,792 -5.75%
2024/25 $375,512,017 $168,980,408 $148,571,081 10.762% $15,989,220 $15,989,220 +5.86%
2023/24 $316,888,900 $142,600,000 $142,600,000 10.592% $15,104,192 $15,104,192 -0.34%
2022/23 $325,688,900 $146,560,005 $142,355,000 10.646% $15,155,113 $15,155,113 +0.62%
2021/22 $316,640,000 $142,488,000 $140,043,000 10.755% $15,061,625 $15,061,625 +6.12%

Permits for 641 5th Avenue #C1, New York

The complete history of permits filed for 641 5th Avenue #C1, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

No recorded permits for this property.

Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Transportation

Distance to Subway
Closest station 5th Ave & 53rd St at SE Corner
Station lines E-M
Distance (miles) 0.077
View subway map
Bus Routes
Name 5 Av/W 51 St
Distance (miles) 0.035

Neighbors for 641 5th Avenue #C1, New York

Here are the neighbors for Olympic Tower - 641 5th Avenue #C1, New York, NY 10022.

Address Square feet Purchase date Purchase price
653 5th Ave, New York 41,410 10/07/1975
350 Park Ave, New York 536,992 10/02/2020
545 Madison Ave, New York 138,240 12/17/2019
424 Madison Ave, New York 62,237 10/31/2023
6 E 46th St, New York 22,350 12/10/2001
550 Madison Ave, New York 685,125 05/26/2016 $1,400,000,000
575 Madison Ave, New York 399,613 11/13/2014
500 Park Ave, New York 245,468
708 3rd Ave, New York 359,326 01/27/2020 $180,000
515 Madison Ave, New York 331,020 12/21/2012 $31,020,000
150 E 44th St, New York 352,725 10/26/1999
1 Grand Army Plz, New York
61 W 56th St, New York 12/03/1998
70 E 55th St, New York 135,000 11/01/2010
511 5th Ave, New York 125,632 01/12/2006
598 Madison Ave, New York 79,446 01/16/1986
422 Madison Ave, New York 8,119 07/18/2001
42 W 58th St, New York 122,889 05/06/2015 $131,760,000
527 Madison Ave, New York 197,948 04/01/2011
57 W 56th St, New York 12/03/1998
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