Just Sold: What Helped This Tudor City Studio Sell Close to Ask
What helped this Tudor City studio sell close to ask? A rare combination that reaches a deep, ready buyer pool: a full, turnkey renovation, an unusually low monthly that covers utilities and taxes, and a full-service, landmarked building, all at an accessible entry price. Unit 707 at Woodstock Tower closed at $385,000, just 2.5% under ask after a steady 39 days on market, because it delivered move-in-ready quality, low carrying costs, and flexibility that a wide range of buyers could act on.
The Sale at a Glance
Address: 320 East 42nd Street, Unit 707 (Woodstock Tower, Tudor City)
Sold price: $385,000 (2.5% below the $395,000 ask)
Closed: August 13, 2026 (listed April 2026, in contract early June, 39 days on market)
Home: studio, 1 bathroom, approximately 351 square feet
Building: Woodstock Tower, a landmarked 1929 full-service cooperative, 32 stories
Maintenance: $960 per month, which includes electricity, heat, hot water, and taxes
See it: view the listing on Compass
A Turnkey Renovation
The apartment sold move-in ready, and that mattered. It had been fully renovated, blending the building's prewar character with a modern, thoughtful finish: refinished original hardwood floors, marble window sills, and a custom kitchen with a Silestone countertop, a marble-and-brass backsplash, and quality appliances including a Bertazzoni refrigerator, a Samsung oven, and a Fisher and Paykel dishwasher. The bathroom was rebuilt top to bottom with Kohler fixtures, and the home added cedar-lined closets, custom window treatments, and a new air conditioner. For a buyer, there was nothing left to do, which in a studio market crowded with dated, as-is units is a genuine differentiator.
A Full-Service Building at an Accessible Price
The building did real work too. Woodstock Tower is part of the landmarked Tudor City community, built in 1929, with a full-time doorman, a resident super, an on-site gym, a common outdoor garden, a bike room, and a laundry room. That is a full-service package usually attached to a much higher price, and here it came with a studio in the high three hundreds, a combination that is genuinely scarce. Add a prime Midtown East location a few blocks from Grand Central, the United Nations, and multiple subway lines, and the home appealed to a broad set of buyers at once.
What Helped It Sell
Several factors compounded to bring the right buyer and hold the price near ask:
Turnkey condition: a full renovation meant no work and no guesswork for the buyer.
A low, all-in monthly: at $960 including electricity, heat, hot water, and taxes, the carrying cost was unusually low, which widens the pool of buyers who qualify and feel comfortable.
Full service at an accessible price: doorman-building amenities at a studio price point is a rare, in-demand combination.
A flexible co-op: the building permits pied-a-terre use, co-purchasing, parents buying, and subletting with board approval, which broadens the buyer pool well beyond primary-residence purchasers.
A prime, transit-rich location: steps from Grand Central and major lines.
An honest price: set to real comparables, so it sold at just 2.5% under ask, a strong result for a studio.
What Sellers Can Learn From This
The takeaway is repeatable. A smart renovation that makes a home move-in ready, paired with an honest price and a clear story about low carrying costs and building flexibility, is what helps a common apartment type sell steadily and hold its price. The unit sold in 39 days at just 2.5% under ask, a solid, on-target result. Presentation and preparation did the heavy lifting here, and the low maintenance and flexible co-op rules were selling points worth putting front and center. None of it was luck; it was the right home, prepared and positioned to reach the widest possible pool of ready buyers.
A Note for Buyers
Even in a home that checks every box, do the due diligence. For a co-op like this, confirm the building's financial health and reserves, and read the flexibility rules, subletting, pied-a-terre, and co-purchasing, in the building's governing documents before you offer, since those terms are exactly what make a unit like this so widely appealing. Our guidance for Manhattan buyers walks through that process.
If you are buying or selling a home like this, you can view the listing on Compass, browse active and coming-soon listings, follow Manhattan real estate market trends, and learn more about Daniel Blatman's NYC real estate expertise.