Olympic Tower condo unit sells for $11M in Plaza District

THe entity Sapphire Properties Global LLC paid Hunnybuns LLC $11 million for condo unit 46C at 641 Fifth Avenue in the Plaza District. The deal closed on October 9, 2020, and was recorded on October 23, 2020. The transaction consists of 1 parcel, including the tax class high-rise condominium apartment/elevated, residential unit (R4). The property is 6,673 square feet. The parcel(s) have total development potential of 6,673 square feet.
The average sale price per square foot is $1,648.

An affilitate of the seller bought the unit in 2000 for $5.3 million.
The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 229 residential (or hotel) units on May 15, 2015.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link