$1,220,000 - $1,323,000
RENTED OCT 28, 2024
2 Beds
2.5 Baths
1,000 Sq Ft
1912 Built

Last Sold March 23, 2021

Last sale price $1,220,000 $1,220 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,099/month

Highlights

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

About This Home

As of October 2024

Set high on the eighth floor, this stunning loft apartment has been expertly designed to maximise the southern and western exposures while also taking full advantage of the Empire State Building views. The generous two-bedroom, two-bathroom layout is bright and comfortable with tall 12ft ceilings, large 8ft windows and a functional design that invites you to relax at the end of the day.

Cooking is easy thanks to the well-equipped kitchen with stainless steel Kuppersbusch appliances, a Sub-Zero refrigerator, Calacatta marble counters and a breakfast bar.

Both bedrooms are king sized and feature extra large, outfitted closets with additional storage space. The main suite has a spa-like ensuite bathroom with a double vanity and Kohler fixtures. Extra features include a true entry foyer, a brand new bosch stacked washer and dryer, central air-conditioning; baseboard heating in living room and master bedroom along the windowed wall and quality finishes throughout.

Morgan Lofts is set within a pre-war 1912 building that was reimagined by Selldorf Architects and Andres Escobar to create a modern and luxurious haven in a prime location. A gym, rooftop terrace and a prime location close to shopping, restaurants and public transportation.

Last Agent to Rent the Property

Mick DiStasio

Brown Harris Stevens Residential Sales LLC License #10401281209 Listed on: 04/29/2024

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Dominique Seagears

Elegran LLC License #10401319094

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,306

Year Built

  • Built in 1912

Home Design

  • Pre War Building
  • Entry on the 8th floor

Interior Spaces

  • 1,000 Sq Ft Home
  • New Windows
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Property Available on 6/1/24
  • Legal Lot and Block 7501 / 866

Community Details

Overview

  • Murray Hill Subdivision
  • 12-Story Property

Amenities

  • Rooftop Deck

Condo Details

Home Type

Condominium

Est. Annual Taxes

$16,306

Year Built

Built in 1912

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2024-06-01

Listing Details

  • Cross Street: Fifth Avenue/Madison Avenue
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Murray Hill
  • Architectural Style: Prewar, Loft
  • Entry Level: 8
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 1000.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Window Features: New Windows

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Storage, Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

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

Tax Info

  • Tax Block: 866
  • Tax Lot: 7501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2022
Sold by
Mu Inkai
Bought by
Inkai Mu Trustee and The Inkai Mu Living Trust Dated December
Current Estimated Value
$1,266,299

Purchase Details

Listed on
Jan 14, 2021
Closed on
Mar 23, 2021
Sold by
11 East 36Th Street 3 Llc
Bought by
Mu Inkai
Seller's Agent
Matthew Cohen
Brown Harris Stevens Residential Sales LLC
Sold Price
$1,220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.82%
Original Mortgage
$915,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2018
Sold by
Morgan Lofts Llc
Bought by
11 East 36Th Street 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
4.6%
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
Inkai Mu Trustee -- --
Mu Inkai $1,220,000 --
11 East 36Th Street 3 Llc $9,186,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mu Inkai $915,000
Previous Owner 11 East 36Th Street 3 Llc $10,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2024 10/28/24 Rented $6,495 0.0% --
07/16/2024 07/16/24 Under Contract -- -- --
06/25/2024 06/25/24 Price Changed $6,495 -3.1% $6 / Sq Ft
06/13/2024 06/13/24 Price Changed $6,700 -4.2% $7 / Sq Ft
05/07/2024 05/07/24 Price Changed $6,995 -6.7% $7 / Sq Ft
04/29/2024 04/29/24 For Rent $7,495 +19.0% --
05/10/2022 05/10/22 Rented $6,300 0.0% --
04/03/2022 04/03/22 Under Contract -- -- --
03/25/2022 03/25/22 For Rent $6,300 0.0% --
05/18/2021 05/18/21 Off Market $1,220,000 -- --
03/23/2021 03/23/21 Sold $1,220,000 -12.5% $1,227 / Sq Ft View Prior Sale
12/03/2020 12/03/20 For Sale -- -- --
09/10/2020 09/10/20 For Sale $1,395,000 -- $1,403 / 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: RLS10995522

Real Estate Board of New York (REBNY)

APN: 0866-1239