NOT LISTED FOR SALE

Estimated Value: $1,187,000 - $1,340,000

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

Last Sold March 22, 2021

Last sale price $1,565,550 $1,575 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $9,419/month

343 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 this 11th floor Selldorf Architect designed true two bedroom loft. The layout lends itself beautifully to entertaining with soaring 12 foot ceilings, a wall of oversized windows and an incredible open living space with views to the Empire State Building. The entry foyer leads you to a well-appointed open kitchen with breakfast bar, Calacatta marble counters, Sub-Zero refrigerator and stainless steel Kuppersbusch dishwasher. The king sized master bedroom features an en-suite bath, extra deep soaking tub, large vanity and a separate standing shower with views to Madison Avenue. The second bedroom at the opposite end of the home can easily accommodate a queen sized bed with furniture. An abundance of closets with deep dimensions makes storage easy and accessible. This home comes complete with a stacked LG Washer and Dryer and central air. Morgan Lofts is a boutique condominium conversion of a historic 1909 loft building designed by world renowned Selldorf architects. This Prewar gem offers a rooftop gym with oversized windows and unmatched Midtown views, a 24-hour doorman, storage, and furnished rooftop. The building is conveniently located near all major subway lines, The Langham Place hotel, The Morgan Library, world class shopping, Grand Central and Penn Station. The complete offering terms are available in an offering plan from Sponsor. File No. CD05-0128

Last Agent to Sell the Property

Sean McPeak

Serhant License #10401216522 Listed on: 11/13/2020

Serhant

Co-Listed By

Katie Thurber

Serhant License #10401245760

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

  • 994 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms

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: 110
  • ResoPropertyType: Residential
  • Special Features: 4098
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 994.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Half 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
Nov 13, 2020
Closed on
Jan 29, 2021
Sold by
11 East 36Th Street 3 Llc
Bought by
Wu Yuqing and Yang Shiyue
Seller's Agent
Sean McPeak
Serhant
List Price
$1,565,550
Sold Price
$1,565,550
Current Estimated Value
$1,270,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$294,893
Avg. Annual Appreciation
-4.53%
Original Mortgage
$892,500
Outstanding Balance
$801,210
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$472,584
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
Wu Yuqing $1,275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Yuqing $892,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $1,565,550 0.0% $1,575 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
05/03/2020 05/03/20 Off Market $1,565,550 -- --
12/06/2019 12/06/19 For Sale $1,565,550 -- $1,575 / 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 $16,575 $132,581 $31,728 $100,853
2022 $3,912 $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: RLS10594436

Real Estate Board of New York (REBNY)

APN: 0866-1257