NOT LISTED FOR SALE

Estimated Value: $1,034,000 - $1,279,245

2 Beds
1 Bath
994 Sq Ft
$1,150/mo HOA Fee

Last Sold March 02, 2021

Last sale price $1,225,000 $1,232 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $8,594/month

4 Days on Market

Highlights

  • Newly Remodeled
  • Pre War Building
  • 4-minute walk to Tilden Park
  • P.S. 116 Mary Lindley Murray Rated A-

About This Home

As of March 2021

Please contact the sales team to schedule an in-person appointment or guided virtual tour.

Welcome home to 1001 at Morgan Lofts located at 11 East 36th Street!

This 10th floor two-bedroom loft features a bright and cheerful Southern and Western exposure and a view of the iconic Empire State Building. Residence 1001 is a spacious two-bedroom, one-and-a-half-bathroom loft with soaring 12-foot ceilings and oversized 8-foot windows that perfectly frame the space and provide a stream of warm Southern light.

Upon entering 1001 you're greeted by a proper foyer that leads to a well-appointed open kitchen complete with a breakfast bar, Calacatta marble counters, Sub-Zero refrigerator, and a suite of stainless steel Kuppersbusch appliances that includes a dishwasher, oven and stove.

The king-sized master bedroom features a large closet and a spa-like en-suite bathroom outfitted with fixtures by Kohler, including a deep soaking tub and a separate standing shower. Tucked off of the entry foyer and separated from the private master bedroom is the second bedroom, which features a deep double closet ideal for all of your storage needs. Additional features of this home include a stacked washer and dryer and central air.

Morgan Lofts is a boutique condominium conversion of a historic 1912 loft building reimagined by world renowned Selldorf Architects with interiors by Andres Escobar. This pre-war gem offers a gym with oversized windows that feature an abundance of light and views, a North and South facing rooftop space with unparalleled open city views, a 24-hour doorman and storage. Morgan Lofts is conveniently located near all major subway lines, a number of world-class hotels and dining destinations, The Morgan Library, world class shopping as well as Grand Central and Penn Station.

The complete offering terms are available in an offering plan from the Sponsor. File No. CD05-0128.

Last Agent to Sell the Property

Matthew Cohen

Brown Harris Stevens Residential Sales LLC License #10401343538 Listed on: 01/07/2021

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Joseph Kringdon

Brown Harris Stevens Residential Sales LLC License #10401343776

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,512

Year Built

  • Built in 1912 | Newly Remodeled

HOA Fees

  • $1,150 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 10th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 70 Units
  • The Morgan Lofts Condos
  • Middle East Side Subdivision
  • 14-Story Property

Listing and Financial Details

  • Tax Block 866x1

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,512

Year Built

Built in 1912 | Newly Remodeled

Lot Details

0

HOA Fees

$1,150 per month

Listing Details

  • Cross Street: Madison & Fifth Avenues
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • Architectural Style: Prewar
  • Entry Level: 10
  • ResoPropertyType: Residential
  • Special Features: 4098
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1150.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: THE MORGAN LOFTS
  • Units: 70
  • Total Stories: 14
  • Year Built: 1912

Tax Info

  • Tax Block: 866x1
  • Tax Annual: 16512.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Mar 1, 2021
Sold by
11 East 36Th Street 3 Llc
Bought by
Rice Brian and Rice Kristyn Beausoleil
Seller's Agent
Matthew Cohen
Brown Harris Stevens Residential Sales LLC
List Price
$1,491,000
Sold Price
$1,225,000
Premium/Discount to List
-$266,000
-17.84%
Current Estimated Value
$1,154,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,439
Avg. Annual Appreciation
-1.25%
Original Mortgage
$918,750
Outstanding Balance
$823,594
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$330,967
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rice Brian $1,225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Brian $918,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $1,225,000 -17.8% $1,232 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $1,491,000 -- $1,500 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,306 $132,073 $31,728 $100,345
2024 $16,306 $130,431 $31,728 $98,703
2023 $16,264 $132,581 $31,728 $100,853
2022 $16,871 $138,575 $31,728 $106,847
2021 $15,502 $126,374 $31,728 $94,646
2020 $16,511 $140,903 $31,728 $109,175
2019 $15,505 $144,903 $31,728 $113,175
2018 $14,604 $138,721 $31,728 $106,993
2017 $13,716 $129,179 $31,728 $97,451
2016 $13,118 $108,176 $31,729 $76,447
2015 $9,947 $93,737 $31,728 $62,009
2014 $9,947 $104,300 $31,728 $72,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10691448

Real Estate Board of New York (REBNY)

APN: 0866-1251