25 Tudor City Place   Unit 807

Sponsor sale, no board approval needed & sponsor rights transfer! Investor friendly. Renovated 8th-floor studio apartment at Tudor Tower. This apartment features western exposure with beautiful views of Tudor City Park. The kitchen features a stainless steel dishwasher, refrigerator, two-burner electric cooktop, microwave oven, and white kitchen cabinets and premium countertops. The bathroom has been completely updated as well. 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 $410,000.00
Monthly Common Charges $801.40
Projected Monthly Rent $2,700.00
Gross Annual Rental Income $32,400.00
Net Annual Operating Income $22,783.20
Gross Annual Cap Rate 7.90%
Net Annual Cap Rate 5.56%
Dating to 1929, this historic Gothic Revival building features an intricately designed facade 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.