Introducing a remarkable opportunity to own a “vertical compound” portfolio of luxurious condos at the distinguished Olympic Tower in the heart of Midtown. Priced at an impressive $34 million, this collection of separate units is located at 641 Fifth Ave., right next to New York City’s iconic St. Patrick’s Cathedral. Offering a total of 10 elegant bedrooms spread across five apartments on the 23rd, 31st, 33rd, and 49th floors, this portfolio promises floor-to-ceiling glass windows that showcase stunning city views.
While these condos may not be physically connected, they present versatile options as both residential and office spaces, with additional accommodations for guests or staff. It is worth noting that the seller is adamant about maintaining the units as one cohesive purchase, emphasizing a “one seller, one buyer” transaction.
Designed by the esteemed Aristotle Onassis in 1975, Olympic Tower boasts an illustrious history, coinciding with the marriage of Onassis to the famous Jackie Kennedy Onassis. Each residence within this portfolio offers unparalleled vistas of the bustling city below, making them an ideal investment.
Among the notable features included in this extraordinary portfolio are expansive living spaces that showcase the grandeur of New York City. Moreover, the units encompass cozy dens and sitting areas that capitalize on the breathtaking skyline vistas. The overall collection comprises nearly a dozen bedrooms, ensuring ample space for relaxation and privacy.
Prospective buyers will have the privilege of overlooking the lively streets of Midtown, capturing the essence of city living at its finest. Olympic Tower, a well-established establishment dating back to 1975, has previously boasted notable residents such as the late Ferdinand Marcos, infamous arms dealer Adnan Khashoggi, and even renowned Hollywood star Nic Cage. In fact, Cage’s former residence within Olympic Tower is currently listed for a reduced price of $14.95 million, as recently reported by Gimme Shelter.
Additionally, the Gucci sisters, Alessandra and Allegra, who come from a tumultuous family background, own a magnificent duplex penthouse within this exquisite tower. The property has been periodically available for sale since 2015, and the current listing price is set at $35 million.
Presenting the crown jewel of this remarkable $34 million compound, the largest unit is a breathtaking four-bedroom, 5,250-square-foot combination suite situated on the 49th floor. Equipped with panoramic city views, this unit showcases two generously sized living and dining areas, an eat-in chef’s kitchen, and a secondary kitchen with a service entrance. Furthermore, the portfolio includes a charming 600-square-foot studio on the 23rd floor, featuring a tastefully designed wood-paneled office alcove.
In summary, this unparalleled opportunity to acquire a vertical compound at Olympic Tower presents an extraordinary investment in luxury living. With its rich history, impeccable design, and unrivaled city views, this $34 million portfolio is truly a testament to exquisite living in the heart of Manhattan.
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