Prospect Tower at 45 Tudor City Place, completed in 1927, stands as one of the most distinctive buildings in the historic Tudor City complex. As the first of 13 buildings in what became America's first large-scale residential development, it helped pioneer the concept of urban residential communities in New York City.
The 22-story Gothic Revival building, developed by Fred French, features 403 apartments ranging from studios to two-room units, with duplex studios on the top floors. Its striking architecture showcases a majestic rooftop crown, pale yellow sandstone trim, and terra cotta detailing. The building's façade is adorned with Tudor roses, heraldic arms, portcullises, griffins, and distinctive ornamental elements including a central cartouche depicting a windmill.
The building's graceful lobby exemplifies pre-war grandeur with stained glass panels, arched entryways, and period details. Notably, the east façade was deliberately designed with minimal windows - a response to the then-existing slaughterhouses along the East River, though the western exposures offer spectacular Midtown views.
A fascinating piece of the building's history involves its iconic illuminated "Tudor City" rooftop sign, which became the subject of preservation controversy when the co-op board attempted to remove it. The Landmarks Preservation Commission unanimously protected the sign as part of the building's historic character.
The building sits within Tudor City's unique elevated enclave, surrounded by two landscaped parks. Originally, the south park featured a miniature 18-hole golf course with professional instruction - a unique amenity that was later redesigned into the current garden space.
Today, Prospect Tower operates as a full-service cooperative with modern amenities including 24-hour doorman service, a fitness room, bike storage, and a roof deck offering panoramic views of the Chrysler Building and Midtown skyline. The building's utilities are notably included in the monthly maintenance charges.
Its location provides a distinctive balance of tranquility and convenience, situated just three blocks from Grand Central Terminal and steps from the United Nations. The surrounding Tudor City complex, designated as a city landmark in 1988, creates a peaceful residential enclave within Midtown Manhattan.
The building maintains its historic character while accommodating modern living, allowing pied-à-terres, co-purchasing, and gifting, with a flexible subletting policy after two years of ownership. Its unique position in New York's architectural and social history, combined with its distinctive Gothic Revival design, continues to make it one of Murray Hill's most notable residential buildings.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.