NOT LISTED FOR SALE

Estimated Value: $837,000 - $895,000

1 Bed
1 Bath
714 Sq Ft
$794/mo HOA Fee

Last Sold August 01, 2016

Last sale price $895,000 $1,254 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,364/month

52 Days on Market

Highlights

  • Rooftop Deck
  • City View
  • New Windows
  • P.S. 116 Mary Lindley Murray Rated A-
  • Pre War Building
  • 4-minute walk to Tilden Park

About This Home

As of August 2016

This stunning condo loft home features soaring 12 ft. ceilings, oversized windows, washer/dryer in unit, eight foot solid core doors, central air and heat, and wide plank oak floors throughout. The open kitchen is complete with modern custom cabinetry, stainless steel appliances from Kupperbusch, Miele and Sub Zero, Calacatta marble countertops, and an open counter/breakfast bar that?s perfect for entertaining. The bedroom is pin drop quiet, has a large wall-to-wall closet, and central air and heat. The spa-like bath features a deep soaking tub and separate glass enclosed walk-in shower, with limestone and porcelain tiles. All this plus the apartment comes with it?s own mechanical room which can be used for storage.

The Morgan Lofts is a luxury boutique condominium located in Murray Hill at the heart of Midtown South. The amenities include 24-hr doorman/concierge, superintendent, porters, two roof terraces with open city views, and a roof top fitness room. Centrally located steps from Fifth Avenue, near the Empire State Building, Bryant Park, the NY Public Library, Herald Square, Grand Central, an abundance of restaurants and shopping, and all subway lines. Pets allowed. Please contact Noeleen McStay and Jason Lee at Rutenberg for a private showing.

Last Agent to Sell the Property

Jason Lee

Compass License #10401216147 Listed on: 04/05/2016

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,664

Year Built

  • Built in 1912

HOA Fees

  • $794 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 6th floor

Interior Spaces

  • 714 Sq Ft Home
  • New Windows

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • North Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 11 / 866

Community Details

Overview

  • Murray Hill Subdivision
  • 12-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,664

Year Built

Built in 1912

Lot Details

0

HOA Fees

$794 per month

Listing Details

  • Cross Street: Fifth Avenue/Madison Avenue
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Murray Hill
  • Architectural Style: Prewar
  • Entry Level: 6
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 714.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Window Features: New Windows

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 794.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 12
  • Year Built: 1912

Tax Info

  • Tax Block: 866
  • Tax Lot: 11
  • Tax Annual: 8664.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2016
Closed on
Aug 1, 2016
Sold by
Nds Properties Ii Llc
Bought by
Lakhaney Bhagwan Family Trust and Lakhaney
Seller's Agent
Jason Lee
Compass
List Price
$895,000
Sold Price
$895,000
Current Estimated Value
$870,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,566
Avg. Annual Appreciation
-0.31%

Purchase Details

Closed on
May 17, 2010
Sold by
Desilva Nishan
Bought by
Nds Properties Ii Llc

Purchase Details

Closed on
May 16, 2007
Sold by
11 East 36Th Llc
Bought by
Desilva Nishan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,450
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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
Lakhaney Bhagwan Family Trust $895,000 --
Nds Properties Ii Llc -- --
Nds Properties Ii Llc -- --
Desilva Nishan $721,854 --
Desilva Nishan $721,854 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desilva Nishan $577,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Sold $895,000 0.0% $1,254 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $895,000 0.0% $1,254 / Sq Ft
07/22/2015 07/22/15 Rented -- -- --
06/22/2015 06/22/15 Under Contract -- -- --
01/07/2015 01/07/15 For Rent -- -- --
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 $11,681 $94,611 $22,727 $71,884
2024 $11,681 $93,435 $22,727 $70,708
2023 $11,651 $94,975 $22,727 $72,248
2022 $9,971 $99,269 $22,727 $76,542
2021 $11,105 $90,529 $22,727 $67,802
2020 $9,758 $100,937 $22,727 $78,210
2019 $9,163 $103,802 $22,727 $81,075
2018 $10,462 $99,374 $22,727 $76,647
2017 $9,826 $92,538 $22,727 $69,811
2016 $9,397 $77,492 $22,727 $54,765
2015 $7,126 $67,149 $22,728 $44,421
2014 $7,126 $74,718 $22,728 $51,990
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10057858

Real Estate Board of New York (REBNY)

APN: 0866-1230