641 Fifth Avenue, #42H, New York (Midtown East), NY, 10022 | $4,000,000

641 Fifth Avenue Apt. 42H Extraordinary Opportunity NOW $4, 000, 000

Apt. 42H with views of Saint Patrick's Cathedral and the Empire State Building, and West with views of the Hudson. Perched on the 42nd floor of the classic Olympic Tower and now define the world-renowned building's current magnificent flexible and creative residential option. Renovated, Apt. 42H features spacious living/dining room, kitchen with high end appliances -Gaganeau, Miele, and Subzero, lovely wood cabinetry, and stainless steel counters. The many closets with fitted storage space and large bedrooms with marble baths en suite contribute to a lifestyle so highly sought after - graceful, comfortable, and serene in an iconic building recognized globally as a residence chosen by princes, movie stars, industry leaders, and entrepreneur

Surely, Olympic Tower's many longtime residents have selected this magnificent building as their home specifically to live in a location that showcases 5 star restaurants, Rockefeller Center, the theater district, and flagship designer shops having the city's special backyard - Central Park defined by its skating rink, zoo, grassy hills, sports fields, and its notable Conservancy just a few blocks away.

Private, cordial, polite, and impeccably managed by its on-site general manager, the staff of doormen, concierge, and building engineers offer discrete service to each resident. The building's infrastructure includes a 4-pipe HVAC system, its own generator, four elevators and a service elevator. Amenities include. valet parking, private gym, bike storage, and package room. 1% transfer fee by the buyer, sorry no pets, pieds-a-terre, and corporate purchasers, permitted. Decide to change you acceptance of the way things are to the way things should be for you. Call me and we will meet for a private showing of your next home.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 52
  • Amenities: Bike Room; Fitness Room; Laundry Room; Valet;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Complex: Olympic Tower
  • Year Built: 1975
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer/Dryer Hookups: Yes
  • Building Access : Attended Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • LobbyAttendant: No
  • OLR#: RPLU5122344446
  • Days on Market: 649 days
  • Website: https://www.raveis.com
    /prop/RPLU5122344446/641fifthavenue_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate - Park Plaza

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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  • Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

641 Fifth Avenue, #42H, New York (Midtown East), NY, 10022

$4,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,200,000 $3,200,000 $3,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.795% 6.472% 5.966%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $18,421 $19,964 $26,788
Total Monthly Payment $18,546 $20,089 $26,913

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.