NOT LISTED FOR SALE

Estimated Value: $1,066,000 - $1,610,529

2 Beds
2 Baths
1,298 Sq Ft
$1,260/mo HOA Fee

Last Sold December 18, 2021

Last sale price $1,595,000 $1,229 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $9,541/month

24 Days on Market

Highlights

  • Balcony
  • 3-minute walk to Vernon Boulevard-Jackson Avenue
  • Laundry Facilities
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • Central Air
  • 3-minute walk to Old Hickory Playground

About This Home

As of December 2021

Unit 8M is among the largest two-bedroom units in Long Island City and is 1 of only 4 two-bedroom units in The Murano with at least 1,298 square feet. There is a continuous wall of wrap around south and west facing floor to ceiling living room windows that bring an abundance of natural light into the space and that showcase beautiful views of the East River, the Manhattan skyline, Brooklyn and points farther east. There is a 75 square foot south facing balcony that you could conveniently access from the dining area. Indoor deeded parking space 28 is available for purchase in the building's onsite garage. The 421a tax exemption goes through June 30, 2026.

Unit 8M has been upgraded with custom bookshelves in the living room and new appliances. There are Oak pearl engineered hardwood floors throughout. Open to the corner living room is the spacious south facing windowed kitchen featuring the Italian designed SMEG wall oven within a wall of white pine cabinets. There is a large white Corian Island with a deep integrated sink, a Grohe faucet and an inlaid five-burner gas stove. There is a new Beko stainless steel refrigerator, with an interior ice maker, and a new Bosch dishwasher.

Your main bedroom and your secondary bedroom are south facing with open views, and the rooms accommodate large beds with ample space remaining for nightstands, dressers, desks, and circulation. The main bedroom features a walk-in closet while the secondary bedroom has a large reach in closet.

The main bath is finished with pebbled and Himachal tiling, there is a trough sink with 2 faucets, a freestanding tub and a separate shower. The second bath has been detailed with Darius Design fixtures, custom-mounted teak cabinetry, and a rain shower head over a deep soaking tub.

The Murano was built in 2011. The building consists of 12 floors and 76 condominium units. Building amenities include a large fitness center, a residents' lounge, a children's playroom, a garden area on the ground floor and a residents' setback terrace with gas grills. The concierge is on duty 24/7 and there is a full-time resident manager. The Murano is pet friendly.

According to the architecture critic, Carter Horsley, The Murano is named after the island near Venice famed for its colorful glassmaking. The building has a computerized lighting system for its striking curtain wall exterior and lobby that changes its hue every hour. The Murano's entry design also pays homage to Venice's romance by surrounding itself with water over which small bridges are provided for residents and guests. Between the "moat" and the sidewalk are sunken landscaped areas.

The Murano is located less than one block from all the shops and great restaurants on Vernon Boulevard and two blocks from Gantry Plaza State Park. Whether you seek a 10-minute door-to-door commute to Grand Central on the 7 train, a relaxing commute aboard the NYC Ferry, a 5-minute stroll to the Michelin star Casa Enrique or dining out at home on your private balcony, Unit 8M at The Murano is the perfect place to call home. Trader Joe's and the future home of Target are located on Jackson Avenue.

Regarding deeded parking space 28, the space is available for $100,000. The monthly common charges are $153.80 and the monthly real estate taxes are $21.61.

Last Agent to Sell the Property

Patrick Smith

Corcoran Group License #10301214708 Listed on: 09/10/2021

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,424

Year Built

  • Built in 2010

HOA Fees

  • $1,260 Monthly HOA Fees

Home Design

  • 1,298 Sq Ft Home
  • Entry on the 8th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Tax Block 34

Community Details

Overview

  • 76 Units
  • Murano Condos
  • Long Island City Subdivision
  • 12-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,424

Year Built

Built in 2010

Lot Details

0

HOA Fees

$1,260 per month

Listing Details

  • Cross Street: 5th Street/Vernon Blvd
  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Long Island City
  • Entry Level: 8
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Interior Features: Separate/Formal Dining Room
  • Appliances: Dryer, Washer
  • Living Area: 1298.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

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: 1259.69
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Murano
  • Units: 76
  • Total Stories: 12
  • Year Built: 2010

Tax Info

  • Tax Block: 34
  • Tax Annual: 2423.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Dec 17, 2021
Sold by
Skaggs John Adam and Zalkin Morgan H
Bought by
Lambrechts Mariska and Rossiter James Bryan
Seller's Agent
Patrick Smith
Corcoran Group
List Price
$1,495,000
Sold Price
$1,595,000
Premium/Discount to List
$100,000
6.69%
Current Estimated Value
$1,412,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$182,118
Avg. Annual Appreciation
-3.09%
Original Mortgage
$1,276,000
Outstanding Balance
$1,173,742
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$239,140

Purchase Details

Closed on
Mar 22, 2011
Sold by
5-25 Borden Associates Lp
Bought by
Skaggs John Adam and Zalkin Morgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Lambrechts Mariska $1,595,000 --
Skaggs John Adam $880,786 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambrechts Mariska $1,276,000
Previous Owner Skaggs John Adam $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2021 12/18/21 Sold $1,595,000 +6.7% $1,229 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $1,495,000 -- $1,152 / 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 $10,187 $133,785 $7,470 $126,315
2024 $10,187 $132,512 $7,470 $125,042
2023 $7,150 $135,567 $7,470 $128,097
2022 $3,396 $119,059 $7,470 $111,589
2021 $606 $118,961 $7,470 $111,491
2020 $616 $151,927 $7,470 $144,457
2019 $623 $151,672 $7,470 $144,202
2018 $628 $134,773 $7,471 $127,302
2017 $628 $129,920 $7,470 $122,450
2016 $637 $129,920 $7,470 $122,450
2015 $498 $142,643 $7,325 $135,318
2014 $498 $153,721 $7,049 $146,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10742342

Real Estate Board of New York (REBNY)

APN: 00034-1261