Cheaper than the cost of renting! Total monthlies are under $1,900 (based on a 30 year fixed rate at 3.5% interest, with 20% down). Studio now features a brand new gut renovated bathroom! This well kept apartment features a newly renovated kitchenette with quartzite countertops, and stainless steel appliances including a dishwasher, mini refrigerator & microwave convection oven. The windows have been updated & there are three closets throughout. Pied-a-terres, co-purchasing, gifting and guarantors are allowed. 25 Tudor City Place is a completely smoke-free building, and welcomes cats but not dogs. Electricity is included in the monthly maintenance.
Built in 1929, this historic Gothic Revival building features an intricately designed facade, complete with cherubs and gargoyles, and a grand lobby with stained glass windows and carved dark-wood accents. The very convenient location is in the heart of Midtown (and close to Grand Central), but set on a tranquil tree-lined street directly across from the privately maintained Tudor City Park and Gardens. There is a full-time doorman, and on-site amenities include a roof deck with stunning midtown views, laundry room, bike room and common storage, with access to a fitness center one building away.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more