A Vertical Compound Offering Five (5) Gracious Homes are now available for sale within the iconic Olympic Tower Condominium located at 641 Fifth Avenue. Ideal for a corporate CEO, international mogul, celebrity, or anyone who lives a luxurious lifestyle demanding the utmost discretion and security. Five Homes to choose where you and your guests can stay. Designed to capture the majesty of NYC, Olympic Tower was built as a wall of glass with 9’ floor-to-ceiling windows in each unit providing brilliant natural light and fabulous views from every room. Residence 49CDE is a sprawling 5, 250 , 10+-room home with 4-5 bedrooms, 4 full baths, and captivating panoramic views of NYC from walls of windows throughout. Here you’ll enjoy a front-row seat to Manhattan, spanning river to river, encompassing iconic NY landmarks, from Central Park, St. Patrick’s Cathedral and Rockefeller Center to the Empire State Building, all the way down to Freedom Tower. Two grand living and dining rooms with northern and southern exposures showcase the breathtaking NYC landscape in both directions and provide a perfect backdrop for entertaining. Tailored to the chef is a spacious streamlined kitchen styled with top-of-the-line stainless steel appliances, abundant cabinetry, and a breakfast area with a stunning eastern view out to Long Island. Your oversized primary bedroom suite features 2 large fully-outfitted closets with custom cabinetry, shelving & built in drawers. The grand en-suite spa bath is clad in travertine, marble and porcelain, with dual vanities, a soaking tub, glass-enclosed shower, and private water closet with sink. Further indulging you are the amazing vistas stretching north over Central Park, west to NJ past the Hudson River, and east to Long Island beyond the East River. Within the primary retreat is a second fully-equipped marble kitchen for late night snacking or morning coffee with its own service entrance, premium appliances, and Bosch washer/dryer. Graciously proportioned Bedroom 2 is accessed via a long private hall lined with custom smoke glass-faced closets, and complemented by an elegant en-suite bath. Bedroom 3 is also en-suite with a shower bath, and custom floor-to ceiling closets & cabinetry. Bedroom 4 is currently used as an office, with custom wood cabinets concealing a Murphy bed. A multi-camera security system and discreetly marked doors as part of a luxury hallway additionally reflect the privacy, discretion and quality one can expect at Olympic Tower. For the wine enthusiast is a generous storage room with a 100+ bottle Sub-Zero wine cooler, plus lots of room for luggage and large items. This glamorous home will appeal to the most discerning families, corporate leaders, or those seeking an incomparable exclusive lifestyle. OTHER UNITS : high caliber finishes 31G: 1575 sq ft A spacious 2 bedroom 2 bath apartment with extraordinary views directly over St. Patrick’s Cathedral, facing south down Fifth Avenue for as far as the eye can see. 33C: 1325 sq ft A stunning one-bedroom with floor-to-ceiling windows framing views rarely seen. 31B: 1275 sq ft Another lovely one-bedroom, fully outfitted for family members or business associates visiting NY with awe-inspiring views. 23D1 600 sq ft An exquisite custom wood-paneled studio, larger than most one-bedrooms, complete with a Murphy bed, custom cabinetry, a fully outfitted kitchen and bath with marble counters, wood-paneled office alcove and large closet. Amenities are simply unrivaled. Full staff are on hand 24 hours a day, with most fluent in many languages. There is a gym, barber and fitness center, and in the event of a severe power outage, a backup power system. This offering diversifies one's portfolio and provides multiple opportunities for the savvy business person. Take a look at the various floor plans and our lifestyle video to gain a full understanding of this one of a kind opportunity. https: //nypost. com/2023/08/24/five-unit-portfolio-at
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $27,200,000 | $27,200,000 | $27,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.893% | 6.723% | 6.284% |
Monthly Tax Payment | $17,791 | $17,791 | $17,791 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $160,898 | $174,165 | $231,370 |
Total Monthly Payment | $178,814 | $192,081 | $249,286 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.