Olympia House

What Olympia House does

Olympia House is a single-asset, full-service luxury residential rental building operating at 279 East 44th Street in Midtown East, Manhattan. The property comprises 240-244 apartment units configured as studios, one-bedroom, two-bedroom flex, and three-bedroom layouts, with select units featuring private terraces, in-unit washer/dryer, and East River views. Building amenities include a 24-hour doorman, three express elevators (two passenger, one freight), an on-site laundry room, parking garage, live-in superintendent, pet-friendly policies, and a corporate discount program with Equinox Gym. The asset is positioned to capture tenants seeking luxury finishes and central Manhattan convenience without the ultra-premium price points of comparable buildings.

The company operates under Olympia House LLC, a privately held New York limited liability company, with no parent entity, institutional investors, or external funding disclosed. Technology is minimal and consumer-facing only — a basic marketing website (olympiahousenyc.com) displaying floor plans, neighborhood information, and a contact form, with leasing handled via phone (1-212-370-9111) and email ([email protected]). No mobile app, API, or proprietary platform exists.

The business model is straightforward subscription/recurring revenue from monthly residential rents. The firm is direct-to-consumer, with no intermediaries, brokers, or third-party distribution channels. Pricing is not publicly disclosed and requires direct inquiry to the leasing office. The addressable customer segment is urban professionals, couples, and small families seeking long-term luxury rental housing proximate to Grand Central Station and the United Nations. Tenant turnover and Midtown East market rents are the primary revenue drivers.

Name

Olympia House

Legal name

Olympia House LLC

Website

https://olympiahousenyc.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Olympia House is a privately held, single-asset luxury residential rental building in Midtown East Manhattan offering 240-244 studio to three-bedroom apartments with full-service amenities. It serves urban professionals and families seeking centrally located luxury rentals near Grand Central Station.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Residential Rental Income: Olympia House generates revenue through monthly residential rent payments from tenants occupying its 240-244 luxury apartment units. The building offers various unit types including studios, one-bedroom, two-bedroom (flex), and three-bedroom apartments with monthly rental rates.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Olympia House is a full-service luxury residential rental building offering 240-244 apartment units in Midtown East, Manhattan. The core offering comprises long-term residential apartment rentals in studio, one-bedroom, two-bedroom (flex), and three-bedroom configurations, delivered with modern finishes (stainless steel appliances, hardwood floors, central heat/AC, dishwashers), full-service amenities (24-hour doorman, express elevators, on-site laundry, parking garage, live-in super), and select premium features (private terraces, in-unit washer/dryer, gut renovations). Tenants lease directly through the building's in-house leasing department on monthly recurring rental agreements.

Product overview

Olympia House is a full-service luxury residential rental building offering a unified housing portfolio of 240-244 apartment units in Midtown East, Manhattan. The core offering comprises apartment rentals across multiple floor plan types (studios, one-bedroom, two-bedroom, and three-bedroom units) available through downloadable floor plans, supplemented by building amenities (24-hour doorman, elevators, parking, laundry) and premium unit upgrades (private terraces, in-unit washer/dryer, gut renovations). Additional services include rental application processing and a corporate fitness partnership with Equinox Gym. The product is structured as a single-property residential offering rather than a multi-module platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Luxury Apartment Rentals Full-service luxury residential rental units at 279 East 44th Street, Midtown East Manhattan, comprising approximately 240-244 apartment homes including studios, one-bedroom, two-bedroom (flex), and three-bedroom configurations. Units come with modern finishes (stainless steel appliances, hardwood floors, central heat/AC, dishwashers) and select apartments offer private terraces, in-unit washer/dryer, and gut-renovated interiors. The offering is targeted at individual renters (urban professionals, couples, and small families) seeking long-term Manhattan housing, leased on monthly recurring rental agreements directly through the building's in-house leasing department.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Equinox GymminorGTM or Marketing PartnerOlympia House offers an exclusive corporate discount rate at Equinox Gym for residents, providing added value for health-conscious tenants. This partnership enhances the building's appeal as a luxury rental option.

Scale indicators3 records

Recent moves3 records

Broad incumbents

• The Related Companies: Major NYC real estate developer and operator with luxury residential rental assets including in Manhattan. Comparable as a luxury NYC landlord but as part of a much larger mixed-use portfolio.
• AvalonBay Communities: National multifamily REIT operating luxury apartment communities in urban and suburban markets, including NYC. Comparable operating model (own/operate amenitized rental apartments) but at portfolio scale.
• Blackstone Real Estate (BREIT / BPP): Largest global real estate investor with significant multifamily holdings including NYC rentals. Comparable as an institutional owner of urban rental apartment assets, though operating at vastly greater scale and with portfolio diversification.
• Equity Residential: Large publicly traded multifamily REIT with urban high-rise rental communities including NYC. Comparable as an institutional owner of urban apartment buildings but at much greater scale and geographic diversification.
• Extell Development Company: NYC luxury real estate developer with significant Manhattan residential rental and condominium holdings. Comparable as a luxury Manhattan landlord but with a broader, larger-scale development footprint.

Direct peers

• The Durst Organization: Family-owned NYC real estate firm with significant Manhattan residential rental holdings, including luxury and full-service buildings. Comparable as a vertically integrated NYC landlord-operator in Midtown-adjacent submarkets.
• Glenwood Management: Long-standing NYC luxury residential landlord operating a portfolio of full-service rental buildings on the Upper East Side and Manhattan. Highly comparable business model — owned-and-operated luxury doorman buildings leased directly to tenants.
• Rose Associates: NYC-focused residential property manager and developer operating luxury and market-rate rental buildings in Manhattan. Comparable as a NYC residential operator with full-service amenitized portfolio.
• TF Cornerstone: Large New York City residential developer and operator of market-rate and luxury rental apartment buildings in Manhattan, including Midtown. Directly comparable as a NYC-focused multifamily landlord with full-service amenitized buildings.
• Rockrose Development: NYC-focused developer and operator of luxury rental apartment buildings, with a portfolio concentrated in Manhattan including Midtown and Midtown East. Closely comparable as a single-market luxury Manhattan landlord.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Olympia House