RealtyLens
for saleRealtyLens property overview
$2,325,000

641 5th Ave Unit 38F

Manhattan, NY, 10022
View more Manhattan, NY property pages
1Beds
1.5Baths
1,241Sqft
$1873$/sqft

Listing Notes

Enjoy stunning, south-facing views of the iconic Empire State building and New York City skyline, as well as a fantastic layout in this generously sized 1 bedroom, 1.5 bathroom home. There is glorious sunlight shining through the expansive floor-to-ceiling windows by day and a magical evening view of the lit up skyline by night. The grand entryway leads to the extra wide living room where there is plenty of room for dining, lounging and a home office. The well-designed kitchen has been opened to the living room, allowing for counter seating. It is well equipped with Sub-Zero fridge and freezer drawers, a Viking oven and stovetop, a wine cooler and great storage. The bedroom suite is an absolute dream. It provides the luxury of space with plenty of room for a seating or desk area. There are custom closets throughout as well as a dressing area with a lovely mirrored vanity. The primary bathroom is beautifully renovated with a spacious walk-in shower and fantastic stonework. This special apartment also has the convenience of a separate half bathroom for guests, a washer/dryer and custom curtains and shades. Olympic Tower is one of the premier fullservice condominiums in New York City. The staff goes above and beyond with concierge services, privacy and security. Additional amenities include a park view gym, bike room and an additional laundry room. Centrally located, Olympic Tower is across the street from Rockefeller Center and St. Patrick's Cathedral. Nearby you will find fine dining, some of the best shopping the city offers, museums, the theater district and multiple transportation options. Dogs are not allowed and there is a 1% flip tax to the buyer.

Market Insights

Below nearby median-9.8%

$1873/sqft vs a nearby median of $2077/sqft.

Nearby median$2077/sqft
Nearby properties8
Property size1,241 sqft
  • -9.8% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,241 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$2.62M$2.36M$2.87M · 42% confidence
vs ask $2.33M−$292k (−12.6%)

Asking price is about 12.6% below the fair value — likely to draw competing offers if it's still on market.

$2,077/sqft median across 5 tight comps × 1,241 sqft= $2.58M
  • Transit access+$103k +4.0%
  • Days-on-market gravity−$77k −3.0%
  • High-density walkability+$52k +2.0%
  • Mid-century building era−$39k −1.5%
Cumulative NYC adjustments+$39k+1.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-9.8% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
231 days
Last price change
No change recorded
Listed
Sep 23, 2025
Photos
11 photos
Property type
condos
Status
for sale
Last sold
Oct 8, 2008 · $2,125,000

Features & Amenities

DoormanElevatorGymSecurity FeaturesRecreation FacilitiesViewsShopping

Photos

Price History

May 4, 2026Initial record
$2,325,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.