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Magnolia Mansion Lofts, 309 East 108th Street, #3A

Listing no longer available on CityRealty as of Oct 2, 2022
It previously was on the market for a total of 153 days.
Last Sold on May 19, 2023 for $1,037,500
3 beds, 2 baths | Approx. 1,414 ft2
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  • Buyers
  • Laurent Tourondel
  • Sellers
  • Emanuele Castano
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4 apartments are currently available in this building.
153 days on Market

Pricing History

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Key Details

  • Listed: May 2, 2022
    Days on Market: 153
    Building Type: Condominium
    Neighborhood: East Harlem (Manhattan)
    Listing viewed 482 times
Monthly Common Charges: $813
Monthly Real Estate Taxes: $807
Total Taxes & Fees: $1,620 ($1.15/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $7,952 ($5.62/ft2)
Note: the above is based on a down payment of 20% ($230,000), which is the minimum amount permitted by the building.

Description

This sun-drenched Duplex Loft at the Magnolia Mansion Lofts offers 14 ft. high ceilings, south facing oversized windows, washer/dryer in unit, hardwood floors and over 1,400 square feet of functional living space. The foyer offers a generous size room suitable for library or home office placement (8’ X 10’). The first floor features a grand living room (22’ X 28’) and 4 large south facing windows. The open social kitchen (11’ X 13’) 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 2 generous size sleeping areas, a deep closet with a dressing area, bathroom and a washer/dryer for in home laundry convenience. The Magnolia Mansion Lofts offer shared courtyard garden, rooftop access, video intercoms, elevator 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 a condominium 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. Note: There is a tenant in place paying $4900 per month with a 60 day exit clause.

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Apartment Amenities

  • Washer/Dryer in apt.
  • Garden

About Magnolia Mansion Lofts, 309 East 108th Street

77

Magnolia Mansion Lofts, 309 East 108th Street has received a CityRealty Rating of 77, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

27
Out of 44
+
22
Out of 36
+
19
Out of 39
+
9
=
77
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
A Lot 0 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
14 or more Feet 4 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 1987
  • Pre War
  • Garden
  • Rooftop Terrace
  • Video Intercom
  • Elevator

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Other Apartments Available in this Building (3)

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