Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $700,000

Listed at $750,000 · Sold 6.7% below asking · Closed July 11, 2024

Closed For Sale Condo

$750,000

$597 per sq ft

309 E 108th Street #5F

East Harlem, Manhattan

Magnolia Mansion

MLS® #RLS10952655

RLS at REBNY

Listing by Sothebys International Realty

1

Bedroom

2

Baths

1,257

Sq. Ft.

1889

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2
Living Area 1,257 sq ft
Lot Size 15,138 sq ft
Year Built 1889
Ownership Condo
HOA/Common Charges $960/mo
Property Taxes $9,072/yr
Neighborhood East Harlem
Floor 5 of 6

Property Highlights

  • Exposure: East,North,West facing
  • Character: Pre-war building (1889)

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 5 of 6
Exposure East,North,West
Pets Yes
Year Built 1889
Living Area 1,257 sq ft
Structure Type Duplex
Furnished Unfurnished
Lot Size 15,138 sq ft
Block/Lot 01680/7501

Listing History

Event Date Price Change
Listed Mar 27, 2023 $995,000 -
Price Reduced Jul 25, 2024 $700,000 -29.6%
Currently May 9, 2026 $750,000 +7.1%

Description

Presenting this exquisite Duplex Loft at Magnolia Mansion Lofts, drenched in natural light boasting over 13’ high ceilings in the living room and expansive north-facing oversized windows. This newly renovated loft, showcasing over 1,250 square feet +/- of thoughtfully designed living space, offers hardwood floors, in-unit washer/dryer, and a meticulously updated interior with new bathroom and kitchen finishes. As you enter the foyer, you are greeted by a generously sized room, perfect for a library or home office. The first floor encompasses a grand living room, an open kitchen, a full bathroom, and four large north-facing windows. The open-concept kitchen seamlessly connects to the spacious living and dining area, creating an ideal space for hosting gatherings. Ascend the stairs to discover the primary and guest bedrooms/home office and the primary bathroom. Magnolia Mansion Lofts provide residents with access to a shared courtyard garden, rooftop amenities, video intercoms, and a full-time Super. The tranquil courtyard garden spans the length of the building, offering seating and barbecue grills for a serene oasis. Conveniently situated within walking distance of the subway, major transportation hubs, Museum Mile, shops, and restaurants, this historic building, originally a school and converted to condos in 1987, maintains its pre-war charm with a grand entry and original columns. Service pets are welcome. Elevate your lifestyle at Magnolia Mansion Lofts. First Floor ceiling height - 13'10" Second Floor ceiling height - 6'5"

Features & Amenities

Interior Features

Entrance Foyer Eat In Kitchen Elevator Kitchen Window In Unit

Exterior Features

Building Garden Garden

Building Information

Financial Details

Common Charges $960/mo
RE Taxes $9,072/yr ($756/mo)
Original Price $995,000
Sale Price $700,000
Previous Price $700,000

East Harlem, also known as El Barrio, is a neighborhood rich in culture, art, and history. Known for its colorful murals and the historic La Marqueta, the area features a growing number of new residential developments alongside historic buildings. The real estate market offers some of Manhattan's most accessible price points, featuring a mix of historic walk-up cooperatives, value-driven HDFC units, and a surge of new luxury condominium developments that offer modern amenities and easy access to the Upper East Side.

East Harlem Live Market Data

View Neighborhood

Active Listings

71

Median Asking Price

$745K

Median $/Sqft

$832

Avg Days on Market

N/A

New This Week

9

Price Reduced

32%

Sold (30 Days)

4

Median Sale Price

$665K

Live data from RLS at REBNY • Updated 5/9/26, 11:50 AM EST

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Location

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309 E 108th Street #5F, East Harlem, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1926
Year Built
100 years old
6
Floors
33
Residential Units
R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $4,406,411
Land Value: $400,506
Exemptions: $80,739

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 15,138 SF
Building Area: 63,249 SF
Built FAR: 4.18
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $960 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $9,072, or roughly $756 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 2 full bathrooms.

The listed interior living area is 1,257 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1889, making it approximately 137 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $750,000 for 1,257 sq ft, the asking price per square foot is approximately $597. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10952655
First Listed: 3/27/2023
On Market: 3/27/2023
Price Changed: 7/25/2024
Closed: 7/11/2024
Contract Date: 3/27/2023

Listing Courtesy of Sothebys International Realty - Mae Bagai

Listing Contact: (917) 714-0415

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/9/2026 at 3:50 PM UTC

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