Surely a draw for many Manhattan apartment seekers, Tudor City real estate is a lavish apartment complex situated on the East Side of Manhattan in New York City. Bordered by East 40th Street to the South, First Avenue to the East, Second Avenue to the West and East 43rd Street to the North, Tudor City makes an ideal home for homebuyers who are looking for a well-appointed, comfortable life in New York City.
Tudor City real estate is part of the area of Manhattan where east-west streets slope downward from Second Avenue to First Avenue. Therefore, Tudor City is at a different elevation at First Avenue, and is accessible to vehicular traffic only via Second Avenue. An overpass connects the two halves of Tudor City bisected by 42nd Street, with several staircases providing pedestrian access between 42nd Street and the complex itself. The Sharansky Steps are the name of the separate staircase that connects Tudor City with Ralph Bunche Park and First Avenue.
Targeted specifically to middle class residents, Tudor City real estate is home to 12 buildings and more than 5,000 residents. It was developed in the 1920s by Fred. F. French. During this time, the Fred. F. French company began buying lots on the east side of Midtown Manhattan for a large housing project. Engaging in what was known as the “largest project in Midtown,” the company completely refurbished the area and transformed it into the pleasing, middle-class environment that Tudor City is today. Tudor City was completed in 1928, with a design created by architect H. Douglas Ives and his team, based largely on the Tudor Style. This style was prevalent during the Tudor Dynasty.
The complex presently includes a U.S. Post Office, hotel, grocery store, haircutting salon, laundry, and restaurant, in addition to the three garden parks and a children’s playground. Tudor City was named as a historic district in 1988, and is quite famous for its Tudor City sign that overlooks 42nd Street. The complex is well known for its ideal location on a plateau that seems to isolate it from the rest of Midtown Manhattan, creating a quiet refuge for residents. This fact alone is a reason why Tudor City real estate property is quite popular for those looking to move into a more affordable part of Manhattan.
Tudor City real estate is located directly across First Avenue from the United Nations Headquarters. A few Tudor City apartments have outstanding, high-priced views of the United Nations Headquarters and New York City’s East River. The majority of apartments face inland parks and the Midtown skyline. Some of these properties even feature pleasing views of the Chrysler Building and Empire State Building, sure a strong selling point for Tudor City real estate.
Tudor City is well known for its presence in a variety of film and television programs. There were several movies filmed in Tudor City, which include The Godfather Part III, The Peacemaker, Scarface, Spider Man, and Spider Man 2, Splash, U.S. Marshals, and The Bourne Ultimatum. The complex was also used in the opening credits of The Jeffersons, and showcased brief exterior scenes for the Law & Order: Criminal Intent television series.
Tudor City is not only a quiet place to live, but it is also remarkably convenient. The combination of the two place Tudor City real estate into a class of its own. For those who do not walk to work, the Numbers 4, 5, 6, and 7, as well as the S are available at Grand Central Station, just three blocks away. The M15 bus also travels down Second Avenue and up First for those who prefer to travel above ground. The M42 bus also travels across the island via 42nd Street.
The average rental price for Tudor City real estate runs between $1300 and $1500 for studios; $1900 to $2100 for one-bedrooms; $2600 to $2900 for two-bedrooms; and $4000 and up for three-bedrooms. If you are considering selling Tudor City real estate, expect to get around $175k to $250k for studios; $275k to $325k for one-bedrooms; $400k to $800k for two-bedrooms; and $900k to $1 million for rare three-bedrooms. Tudor City penthouses are selling for well over $1 million.
Tudor City real estate will surely continue to appeal to middle and upper class masses in Manhattan. If you are looking to sell your Tudor City real estate, contact the expert Realtors of Sellers Realty Group at 212-482-0000 for Manhattan or 718-937-7900 for Brooklyn and Queens today. Our expert listing agents will work with you to determine the value of your property and to select an appropriate listing price, as well as to prepare your listing in such a manner that showcases all the property’s best features. Call us today.
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