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25 Tudor City Pl, 1709
New York, NY 10017
Murray Hill

Off Market

Property Type
Coop
Estimated Size
N/A
Price per ft²
N/A
Bedrooms
0 Bedrooms
Bathrooms
1 Bathroom
Home Style
N/A
Maint. Charges
$852
Taxes
N/A
Tax Deduction
55%
Financing Allowed
80%
New Development
N/A
Building
25 Tudor City Pl
Building Year
1929
Building Floors
23 floors
Building Units
N/A
Middle School
104
Elementary School
PS 59
Days on RealDirect
N/A

This studio is set in a stately prewar doorman building around the corner from UN headquarters. 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. 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. There is a full-time doorman and on-site amenities include a roof deck with stunning Midtown views, a garden, fitness room access, laundry room, bike room and common storage. The apartment?s ideal setting is around the corner from the United Nations building, with 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. Maintenance includes utilities. No dogs allowed.

#1709 is a sponsor unit, so no board approval is required.

Tenant is currently paying $1,650 on a month to month lease. Current rent investor setup:

Gross Annual Income: $19,800.00
Annual Operating Expense: $10,224.00 ($852.00 / mo. maint)
NOI: $9,576.00
Gross annual capitalization rate: 3.04%

Projected rent of $1,850.00
Gross Annual Income: $22,200.00
Annual Operating Expense: $10,224.00 ($852.00 / mo. maint)NOI: $11,976.00
Gross annual capitalization rate: 3.8%

Features

  • Era prewar
  • Fitness
  • Storage
  • Elevator
  • Utility
  • Home office
  • Laundry
  • Outdoor common
  • Laundry building
  • Livework
  • Era: Prewar
  • Investor
  • Doorman

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Mortgage Calculator

Mortgage Amount

$550,000

This property allows up to 80% financing. You may need to increase your down payment.

Mortgage Payment

$2,200

Total Monthly Payment

$2,900

Listing History

Sept. 12, 2015 Sold $315,000
Jan. 12, 2015 Sold $315,000
Dec. 11, 2014 In Contract $315,000
Nov. 12, 2014 Available $315,000

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