AMAZING OPPORTUNITY! Back on Market! Deal Fell Through - Priced to Sell! 641 Fifth Avenue, 29DCentral Park, Timeless Manhattan Views and Stunning Light from Every Room! Just reduced to sell! 29D offers the unique opportunity to design your dream home at the incomparable Olympic Tower. This elegant corner layout enjoys beautiful Central Park and stunning Manhattan views from every room and calming River views to the East. 29D offers loft-like soaring ceilings, incredible light and timeless elegance. In addition, this luxurious layout offers a gracious entry foyer and tremendously wide living area with ample room for dining. The two large bedrooms hold en-suite bathrooms - the bathrooms are marble and in perfect condition. The generous master bedroom offers a sizable separate dressing/vanity area plus room to create a sitting area or home office. There is tremendous closet space throughout. The kitchen can be kept separate for preparation and privacy with room for in-kitchen dining or it can be partially opened to the rest of the apartment. Whether as a pied-a-terre or full-time residence, the layout of this incredible apartment is ideal for entertaining. ***These perfect features await a designers touch. Please note the photos are rendered and virtually staged. While the apartment needs updating it remains in incredible condition***Developed by Aristotle Onassis and designed by the internationally renowned architect Skidmore, Owings and Merrill, Olympic Tower is considered one of the most prestigious condominium buildings in the world. The building's amenities include an exceptional concierge service with a high regard for privacy of the high-profile residents. The staff is on hand 24 hours a day to assist with all your needs from limousine and jet service to arranging theater or sporting event tickets and dinner reservations. Many staff are fluent in several languages. Access to a well-equipped gym on the 22nd floor is included. The building allows cats, but no dogs. The neighborhood boasts all of the luxurious shops of Fifth Avenue, close proximity to Central Park, museums, Rockefeller Center, St. Patricks Cathedral and all of the best New York City has to offer! Please note a 1% flip tax is paid by buyer.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more