NOT LISTED FOR SALE

Estimated Value: $871,000 - $1,084,367

4 Beds
2 Baths
1,600 Sq Ft
15,138 Sq Ft Lot

Last Sold September 14, 2018

Last sale price $1,160,000 $725 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $5,837/month

Highlights

  • Rooftop Deck
  • Garden
  • 2-minute walk to Poor Richards Playground
  • City View

About This Home

As of October 2020

This Sun Drenched Duplex Loft at the Magnolia Mansion Lofts offers 14 ft. high ceilings, south-east facing oversized windows, washer/dryer in unit, hardwood floors and over 1,600 square feet of functional living space. The foyer offers a generous size room suitable for library or home office placement. The first floor features a grand living room (22' X 15') and 6 large south-east facing windows. The open social kitchen including a large island, looks onto an expansive living and dining area ideal for entertaining. The guest bedroom is situated on the first floor as well as the second full bathroom. The second floor features 3 generous size bedrooms, a master bathroom and a washer/dryer utility room. The Magnolia Mansion Lofts offer shared courtyard garden, rooftop access, video intercoms and a full-time Super. The courtyard garden spans the length of the building and is a quiet oasis featuring tables and barbecue grills. The building is located within walking distance of the subway and major transportation, Museum Mile, and restaurants. Magnolia Mansion Lofts were originally built as a school and converted to condos in 1987. This beautiful pre-war building maintains many of the original features, including a grand entry and original columns. Strong financials, low maintenance, and future developments to come make this the perfect home and neighborhood an excellent value when compared to neighboring condos that trade for much higher.

Last Agent to Rent the Property

Mae Bagai

Sothebys International Realty License #10301212420 Listed on: 06/26/2020

Sothebys International Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1889

Lot Details

  • Garden

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,600 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Listing and Financial Details

  • Property Available on 6/24/20

Community Details

Overview

  • 33 Units
  • East Harlem Subdivision
  • 6-Story Property

Amenities

  • Rooftop Deck
  • Community Garden

Condo Details

Home Type

Condominium

Year Built

Built in 1889

Lot Details

0.35 Acres

Rental Info

  • Available Date: 2020-06-24

Listing Details

  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: East Harlem
  • Entry Level: 4
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1600.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 4

Exterior Features

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

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Area: 15138.0
  • Lot Size Dimensions: 150.0 x 100.92

Building Info

  • New Construction: No
  • Units: 33
  • Total Stories: 6
  • Year Built: 1889

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
Walsh Elizabeth
Bought by
Shulman Jeremy
Current Estimated Value
$935,534

Purchase Details

Listed on
May 14, 2018
Closed on
Sep 14, 2018
Sold by
Ichihashi Constance and Ichihashi Jeffrey
Bought by
Shulman Jeremy and Walsh Elizabeth
Seller's Agent
Mae Bagai
Sothebys International Realty
List Price
$1,250,000
Sold Price
$1,160,000
Premium/Discount to List
-$90,000
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.20%
Original Mortgage
$679,650
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shulman Jeremy $948,000 --
Shulman Jeremy $1,160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shulman Jeremy $679,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2020 12/20/20 Off Market -- -- --
10/02/2020 10/02/20 Rented -- -- --
06/26/2020 06/26/20 For Rent $4,500 0.0% --
09/14/2018 09/14/18 Sold $1,160,000 -7.2% $725 / Sq Ft View Prior Sale
08/16/2018 08/16/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $1,250,000 -- $781 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $11,639 $93,929 $8,865 $85,064
2024 $11,639 $93,096 $8,865 $84,231
2023 $11,244 $91,658 $8,865 $82,793
2022 $11,370 $92,929 $8,865 $84,064
2021 $10,789 $87,950 $8,865 $79,085
2020 $10,705 $97,405 $8,865 $88,540
2019 $9,691 $95,219 $8,865 $86,354
2018 $8,834 $94,199 $8,865 $85,334
2017 $8,047 $72,157 $8,865 $63,292
2016 $7,902 $70,162 $8,865 $61,297
2015 $4,212 $52,478 $8,865 $43,613
2014 $4,212 $58,283 $8,865 $49,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10781326

Real Estate Board of New York (REBNY)

APN: 1680-1025

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