25 Tudor City Place, Unit 508
25 Tudor City Place, Unit 508
$390,000
Studio
1
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—
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Permanently Off Market
Description
Sponsor sale, no board approval needed & sponsor rights transfer. Tenant occupied through 1/31/2022. 5th floor studio apartment at Tudor Tower. This apartment features western exposure with beautiful views of Tudor City Park. The kitchenette features a stainless steel mid-sized refrigerator, two burner electric cooktop, microwave oven, and white kitchen cabinets. There are two deep closets throughout the space. 25 Tudor City Place is a completely smoke-free building, and welcomes cats but not dogs....Sponsor sale, no board approval needed & sponsor rights transfer. Tenant occupied through 1/31/2022. 5th floor studio apartment at Tudor Tower. This apartment features western exposure with beautiful views of Tudor City Park. The kitchenette features a stainless steel mid-sized refrigerator, two burner electric cooktop, microwave oven, and white kitchen cabinets. There are two deep closets throughout the space. 25 Tudor City Place is a completely smoke-free building, and welcomes cats but not dogs. Electricity, heat, and water are included in the monthly maintenance.
For Investors:
Asking Price $390,000.00
Monthly Common Charges $903.45
Projected Monthly Rent $2,000.00
Gross Annual Rental Income $24,000.00
Net Annual Operating Income $13,422.60
Gross Annual Cap Rate 6.15%
Net Annual Cap Rate 3.37%
Dating to 1929, this historic Gothic Revival building features an intricately designed façade and a grand lobby with artful stained glass windows and dark wood accents. The very convenient location is in the heart of Midtown Manhattan, but set on a tranquil tree-lined street directly across from the privately owned Tudor City Park and Garden. There is a full-time doorman and on-site amenities include a roof deck with stunning Midtown views, a garden, fitness room, laundry room, bike room and common storage. The Midtown office district and vibrant restaurant scene of First and Second Avenues steps away, and nearby Grand Central Station providing rapid transportation anywhere in New York. Pied-a-terres, co-purchasing, gifting and guarantors are allowed.
For Investors:
Asking Price $390,000.00
Monthly Common Charges $903.45
Projected Monthly Rent $2,000.00
Gross Annual Rental Income $24,000.00
Net Annual Operating Income $13,422.60
Gross Annual Cap Rate 6.15%
Net Annual Cap Rate 3.37%
Dating to 1929, this historic Gothic Revival building features an intricately designed façade and a grand lobby with artful stained glass windows and dark wood accents. The very convenient location is in the heart of Midtown Manhattan, but set on a tranquil tree-lined street directly across from the privately owned Tudor City Park and Garden. There is a full-time doorman and on-site amenities include a roof deck with stunning Midtown views, a garden, fitness room, laundry room, bike room and common storage. The Midtown office district and vibrant restaurant scene of First and Second Avenues steps away, and nearby Grand Central Station providing rapid transportation anywhere in New York. Pied-a-terres, co-purchasing, gifting and guarantors are allowed.
Listing Agents
Amenities
- Full-Time Doorman
- Roof Deck
- Common Roof Deck
- Common Garden
- Gym
- Hardwood Floors
- Elevator
- Laundry in Building
Location
LISTING UPDATED: 03/24/2022 04:21 PM
Property Details for 25 Tudor City Place, Unit 508
Status | Permanently Off Market |
---|---|
Days on Market | 113 |
Taxes | - |
Maintenance | $903 / month |
Min. Down Pymt | 20% |
Total Rooms | 2.0 |
Compass Type | Co-op |
MLS Type | - |
Year Built | 1928 |
County | New York County |
Building
Location
Building Information for 25 Tudor City Place, Unit 508
Building/ComplexTudor Tower Floor5Stories23Residences439Pet PolicyOnly Cats AllowedYear Built1928Building AgePre-warBuilding TypeHighrise
Payment Calculator
$3,031 per month
The Payment Calculator is for illustrative purposes only.
Property History for 25 Tudor City Place, Unit 508
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 25 Tudor City Place, Unit 508
Taxable ValueLand-Additions-Total-
Home Facts
APN1013340022
Schools near 25 Tudor City Place, Unit 508
This home is within New York City Geographic District # 2.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
River School (The) PublicPK to 5 | ||
Nyc Lab Ms For Collaborative Studies Public6 to 8 | ||
Lower Manhattan Community Middle School Public6 to 8 | ||
Jhs 104 Simon Baruch Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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