641 5th Ave #48G
Midtown
New York, NY, 10022

Built in 1973 this 804,216 sq.ft. building is 54% Office Space, 46% Residential and contains 226 residential units and 1 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av-53rd St Route ERoute M 3 Minute walk, 0.1 Miles
    • 51st St Route ERoute MRoute 6 5 Minute walk, 0.3 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 6 Minute walk, 0.3 Miles
    • 50th St Route 1 9 Minute walk, 0.5 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 11 Minute walk, 0.6 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 15 Minute walk, 0.8 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 16 Minute walk, 0.8 Miles

    Schools

    • Elementary School

      • P.S. 059 Beekman Hill International
        • Grades: 0K,01,02,03,04,05,SE
        • Principal: Adele Schroeter
        • Phone: 212-888-7870
        • Address: 231-249 East 56 Street
        • Website: schools.nyc.gov
    • Middle School

      • J.H.S. 104 Simon Baruch
        • Grades: 06,07,08,SE
        • Principal: Rocco Macri
        • Phone: 212-674-4545
        • Address: 330 East 21 Street
        • Website: schools.nyc.gov
    • High School

      • Citywide High School Choice

    Public Records

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    • Montaigne LLC & Kusum Bala Das & Sanjiv Das was granted Power of Attorney for Board Of Managers Of Olympic Tower Condominium on 2015-05-01 Show Details
    • Montaigne LLC took a mortgage for $2,600,000.00 from N.A. Wells Fargo Bank on 2015-05-01. Show Details
    • Emeco New York, LLC sold this property to Montaigne LLC for $8,600,000.00 on 2015-05-01. Show Details
    • Samuel J Levin & Richard Hume Satisfied their Mortgage with Inc. Citimortgage on 2009-12-02. Show Details
    • The Hancock Park Real Estate Trust sold this property to Emeco New York, LLC for $2,250,000.00 on 2009-10-23. Show Details
    • Amended Condo Declaration (Other Documents) was filed on 2006-03-31. Parties: Olympic Tower Condominium Show Details
    • Mortgage Agreement for $4,492,500.00 dated 2005-12-15 between Richard Hume (Trustee) & Hancock Park Real Estate Trust & Nicolas Cage & Samuel J. Levin (Trustee) and Inc. Citimortgage Show Details
    • Hancock Park Real Estate Trust & Richard Hume (Trustee) & Samuel J. Levin (Trustee) took a mortgage for $1,196,777.12 from Inc. Citimortgage on 2005-12-15. Show Details
    • Popi Loles & Kalliopi Loles sold this property to Samuel J. (Trustee) Levin & Richard (Trustee) Hume & Hancock Park Real Estate Trust for $1,700,000.00 on 2005-12-15. Show Details
    • Giovanni Tosi & Giovanna Gonella Tosi Satisfied their Mortgage with Chemical Bank on 2002-10-09. Show Details
    • Popi Loles & Kalliopi Loles was granted Power of Attorney for Geoffrey R. Mazel on 2002-10-08 Show Details
    • Giovanni Tosi was granted Power of Attorney for Jasmine Hahn on 2002-10-08 Show Details
    • A Miscellaneous legal document filed on 2001-10-04. Parties: Olympic Tower Condominium Show Details
    • Giovanni Tosi & Giovanna Gonella Tosi sold this property to Giovanni Tosi for $0.00 on 1997-01-10. Show Details
    • A Miscellaneous legal document filed on 1996-06-25. Parties: Charles Mallea Show Details
    • Compania Etismo Fncetal was granted Power of Attorney for Board Of Managers on 1981-10-07 Show Details
    • Tps 52Nd Company sold this property to Compania Etismo Etal for $0.00 on 1981-10-07. Show Details
    • Gleem Realty Corp was granted Power of Attorney for Tps 52Nd Co on 1977-08-26 Show Details
    • Susan Wallace was granted Power of Attorney for Malanie Hedler on 1977-08-19 Show Details
    • Thomas F Daly was granted Power of Attorney for Malanie Hedler on 1977-08-19 Show Details
    • Paul Wallace was granted Power of Attorney for Malanie Hedler on 1977-08-19 Show Details
    • T P S 52Nd Co took a mortgage for $0.00 from First Natnl City Bnk on 1977-08-17. Show Details
    • Gleem Realty Corp sold this property to T P S 52Nd Co for $0.00 on 1977-08-17. Show Details
    • Declaration (Other Documents) was filed on 1977-04-22. Parties: Olympic Tower Assc Show Details
    • Belair Farm Ltd sold this property to Gleem Realty Corp for $0.00 on 1977-03-22. Show Details
    • Gleem Realty Corp was granted Power of Attorney for Board Of Managers Etal on 1977-03-22 Show Details
    • Olympic Tower Assc sold this property to Belair Farm Ltd for $0.00 on 1977-03-22. Show Details
    • Belair Farm Ltd was granted Power of Attorney for Board Of Managers Etal on 1977-03-21 Show Details
    • A Miscellaneous legal document filed on 1977-03-17. Parties: Olympic Tower Assc Show Details
    • A Miscellaneous legal document filed on 1977-03-17. Parties: Olympic Tower Condmnmn Show Details
    • Mortgage Agreement for $0.00 dated 1975-10-07 between John Hancock Mtl Etal and Teleon Realty Corp & Arvic Realty Corp Show Details
    • Release dated 1975-10-07 between John Hancock Mtl Etal and Olympic Tower Assc Show Details
    • A Miscellaneous legal document filed on 1975-10-07. Parties: Chase Manhttn Bnk Show Details
    • Mortgage Agreement for $0.00 dated 1975-10-07 between John Hancock Mtl Etal and Olympic Tower Assc Show Details
    • Mortgage Agreement for $0.00 dated 1975-10-07 between Arvic Realty Corp and Olympic Tower Assc Show Details
    • A Miscellaneous legal document filed on 1975-10-07. Parties: Charles W Etal Corbett & Cabot & Etal Cabot & Gerald W Jr Blakely & John Lewis Cooper Show Details
    • A Miscellaneous legal document filed on 1975-10-07. Parties: Olympic Tower Assc & Equitable Life Etal & Chase Manhttn Bnk Na & Arvic Realty Corp Show Details
    • Olympic Tower Assc & Arvic Realty Corp took a mortgage for $0.00 from Chase Manhttn Bnk on 1975-10-07. Show Details
    • Release dated 1975-10-07 between Chase Manhttn Bnk Na and Arvic Realty Corp Show Details
    • Mortgage Agreement for $0.00 dated 1975-10-07 between Teleon Realty Corp and John Hancock Mtl Etal Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on July 28, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: Olympic Tower Condominium, 675 Third Avenue, New York, NY 10017
    • Managing Agent: Douglas Elliman Property Management, Patricia Pettway-Brown, 675 Third Avenue, New York, NY 10017
    • Head Officer: John Carpentieri, 675 Third Avenue, New York, NY 10017
    • Officer: Joseph Bauman, 675 Third Avenue, New York, NY 10017
    • Site Manager: Eugene Bellon,

    Building Tips

    Lot

    Address
    641 5th Ave #48G, 10022
    Square Footage
    25,602
    Lot Type
    Inside
    Dimensions
    112.92ft x 192.5ft
    BBL
    1012877501
    Condo Number
    13

    Neighborhood

    Neighborhood
    Midtown
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    18
    Fire Company
    E023
    School District
    2
    Census Tract
    102

    Zoning

    Zoning District
    C5-3
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $65,464
    MV Total
    $324,533
    AV Land
    $29,459
    AV Total
    $146,040

    Floor Area Ratio

    Built FAR
    31.41

    Residential
    Zoned FAR 10.0
    Max 256,020.0 sq. ft.
    Remaining -548,196.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 384,030.0 sq. ft.
    Remaining -420,186.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 384,030.0 sq. ft.
    Remaining -420,186.0 sq. ft.

    Building

    Condo Number
    13
    Category
    Condominiums
    Class
    Condo; Residential Unit In Elevator Bldg.
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1973
    Alterations
    N/A
    Floors
    51.0
    Residential Units
    226
    Total Units
    227
    Floor Area
    804216
    Basement
    Unknown
    Proximity
    Unknown

    Crime

    This property is located in the Midtown North Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the Midtown North Precinct saw 3618 felony property crimes (Burglary, Grand Larceny and Grand Larceny of Motor Vehicle) committed per 100,000 residents**. This is higher then the borough's property crime rate, which was 1219 over the same period.

    Violent Crime

    High
    In 2015 the Midtown North Precinct saw 603 felony violent crimes (Murder, Rape, Robbery and Felony Assault) committed per 100,000 residents**. This is higher then the borough's violent crime rate, which was 444 over the same period.

    ** This does not take daytime population into account. Actual crime rates in areas where many people work (higher daytime population) may be lower. Conversely actual crime rates may be higher in areas where many people commute out for work (lower daytime population).

    Street View