NOT LISTED FOR SALE

Estimated Value: $1,176,000 - $1,440,271

2 Beds
2 Baths
1,071 Sq Ft
$1,239/mo HOA Fee

Last Sold April 23, 2018

Last sale price $1,425,000 $1,331 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $9,498/month

170 Days on Market

Highlights

  • Pre War Building
  • Central Air
  • East Facing Home
  • P.S. 116 Mary Lindley Murray Rated A-
  • Laundry Facilities
  • 4-minute walk to Tilden Park

About This Home

As of April 2018

This stunning two bedroom and two bathroom loft is in mint condition. Upon entering the apartment you are met with oversized 10 foot windows offering beautiful and sunny open Eastern exposures. There are 12'6" beamed ceilings and wide plank espresso oak flooring throughout. The spacious living room is large enough for a separate dining area with an open kitchen plan featuring top of the line appliances including a Kuppersbusch dishwasher, range and stove, Miele exhaust and a Sub Zero fridge. The large master bedroom has an abundance of closet space and an en-suite spa-like bath with a deep soaking tub and separate stall shower all outfitted with the finest finishes and Kohler fixtures. The second bedroom is generously proportioned and the second full bath doubles as a powder room. There is a washer/dryer and central air throughout the loft for your comfort and convenience. The building features a 24 hour doorman, 2 roof top terraces, and a gym. Centrally located with easy access to the Mid-town Tunnel, Lincoln Tunnel, Grand Central, Herald Square, Empire State building and Bryant Park.

Last Agent to Sell the Property

Michael Franco

Compass License #10301200848 Listed on: 10/04/2017

Compass

Co-Listed By

Greg Holzmann

Compass License #10401296897

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,490

Year Built

  • Built in 1911

HOA Fees

  • $1,239 Monthly HOA Fees

Home Design

  • 1,071 Sq Ft Home
  • Pre War Building
  • Entry on the 7th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • East Facing Home
  • Central Air

Listing and Financial Details

  • Tax Block 866

Community Details

Overview

  • 70 Units
  • The Morgan Lofts Condos
  • Murray Hill Subdivision
  • 14-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,490

Year Built

Built in 1911

Lot Details

0

HOA Fees

$1,239 per month

Listing Details

  • Cross Street: 5 AVENUE and MADISON AVENUE
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Murray Hill
  • Architectural Style: Prewar
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Living Area: 1071.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1239.02
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 98.0 x 50.0

Building Info

  • New Construction: No
  • Building Name: The MORGAN LOFTS
  • Units: 70
  • Total Stories: 14
  • Year Built: 1911

Tax Info

  • Tax Block: 866
  • Tax Annual: 14489.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Apr 23, 2018
Sold by
Hee Dean K
Bought by
Destefanis Fernando
Seller's Agent
Michael Franco
Compass
List Price
$1,425,000
Sold Price
$1,425,000
Current Estimated Value
$1,278,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$146,682
Avg. Annual Appreciation
-1.45%

Purchase Details

Closed on
Aug 1, 2007
Sold by
11 East 36Th Llc
Bought by
Hee Dean K
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
Destefanis Fernando $1,355,000 --
Hee Dean K $1,216,809 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2018 04/23/18 Sold $1,425,000 0.0% $1,331 / Sq Ft
03/24/2018 03/24/18 Pending -- -- --
10/04/2017 10/04/17 For Sale $1,425,000 0.0% $1,331 / Sq Ft
01/05/2017 01/05/17 Rented -- -- --
12/06/2016 12/06/16 Under Contract -- -- --
10/04/2016 10/04/16 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 $17,464 $141,445 $33,978 $107,467
2024 $17,464 $139,686 $33,978 $105,708
2023 $17,418 $141,988 $33,978 $108,010
2022 $18,025 $148,408 $33,978 $114,430
2021 $16,602 $135,341 $33,978 $101,363
2020 $17,563 $150,901 $33,978 $116,923
2019 $16,474 $155,185 $33,978 $121,207
2018 $15,640 $148,565 $33,978 $114,587
2017 $14,689 $138,346 $33,978 $104,368
2016 $14,048 $115,851 $33,978 $81,873
2015 $10,654 $100,387 $33,978 $66,409
2014 $10,654 $111,703 $33,979 $77,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10050605

Real Estate Board of New York (REBNY)

APN: 0866-1237