NOT LISTED FOR SALE

Estimated Value: $913,000 - $1,302,352

1 Bed
1 Bath
1,156 Sq Ft
$1,398/mo HOA Fee

Last Sold February 01, 2022

Last sale price $945,000 $817 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,086/month

Highlights

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

About This Home

As of February 2022

Welcome home to 1006 at Morgan Lofts located at 11 East 36th Street!

This unique one bedroom, one bath home features a grand entertaining space with plenty of room for a living room set, oversized dining table and more. Old meets new in 1006 with elaborate hand carved woodwork and plaster crown moldings showcasing a gorgeous fireplace mantle centered in the living room. Recessed lighting highlights the walls for artwork, and a stylish chandelier provides an eye-catching centerpiece. The kitchen is modernized with new cabinetry and a calacata marble countertop. There is a stainless-steel dishwasher, built in fridge with two freezer drawers and plenty of storage space as well. The windowed bath is finished with sandstone and marble elements and has a deep neptune soaking tub. A brand new washer/dryer and central heat and air complete the picture.

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 and a 24-hour doorman. 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.

Call or email the sales team today to schedule a private in person or virtual showing.

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

Last Listed By

Joseph Kringdon

Brown Harris Stevens Residential Sales LLC License #10401343776 Listed on: 10/13/2021

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,120

Year Built

  • Built in 1912 | Newly Remodeled

Lot Details

  • North Facing Home

HOA Fees

  • $1,398 Monthly HOA Fees

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 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

$18,120

Year Built

Built in 1912 | Newly Remodeled

Lot Details

0

HOA Fees

$1,398 per month

Listing Details

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

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Rooms (Total): 3

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1398.0
  • 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: 18120.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Feb 1, 2022
Sold by
11 East 36Th Street 3 Llc
Bought by
Zaouk Karim and Zaouk Rani
Seller's Agent
Joseph Kringdon
Brown Harris Stevens Residential Sales LLC
List Price
$1,368,000
Sold Price
$945,000
Premium/Discount to List
-$423,000
-30.92%
Total Days on Market
0
Current Estimated Value
$1,098,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,088
Avg. Annual Appreciation
6.79%
Original Mortgage
$708,750
Outstanding Balance
$664,421
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$510,288

Range of Values:

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Average Value
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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
Zaouk Karim $945,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaouk Karim $708,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Off Market $945,000 -- --
02/01/2022 02/01/22 Sold $945,000 -30.9% $817 / Sq Ft
10/13/2021 10/13/21 For Sale $1,368,000 -- $1,183 / 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
2024 $18,503 $148,004 $36,002 $112,002
2023 $18,455 $150,445 $36,002 $114,443
2022 $19,145 $157,246 $36,002 $121,244
2021 $17,591 $143,401 $36,002 $107,399
2020 $18,736 $159,887 $36,002 $123,885
2019 $17,594 $164,427 $36,002 $128,425
2018 $16,572 $157,412 $36,002 $121,410
2017 $15,565 $146,585 $36,002 $110,583
2016 $14,885 $122,751 $36,002 $86,749
2015 $11,288 $106,366 $36,002 $70,364
2014 $11,288 $118,355 $36,003 $82,352
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10756764

Real Estate Board of New York (REBNY)

APN: 0866-1256