Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
309 E 108th Street #2B
Closed For Sale Condo

$998,000

$624 per sq ft

309 E 108th Street #2B

East Harlem, Manhattan

Magnolia Mansion

MLS® #RLS10938055

RLS at REBNY

Listing by Sothebys International Realty

3

Bedrooms

2

Baths

1,600

Sq. Ft.

1889

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,600 sq ft
Lot Size 15,138 sq ft
Year Built 1889
Ownership Condo
HOA/Common Charges $1,400/mo
Property Taxes $11,052/yr
Neighborhood East Harlem
Floor 2 of 6

Property Highlights

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

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 2 of 6
Exposure East,South
Pets Yes
Year Built 1889
Living Area 1,600 sq ft
Structure Type Duplex
Furnished Unfurnished
Lot Size 15,138 sq ft
Block/Lot 01680/7501

Listing History

Event Date Price Change
Listed Sep 27, 2023 $998,000 -
Currently May 9, 2026 $998,000 -

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 approx. 1,600 square feet +/- of functional living space. The foyer offers a generous size room suitable for a large walk-in-closet or home office placement. The first floor features a grand living room and 4 large south and-east facing windows. The open social kitchen looks onto an expansive living and dining area ideal for entertaining. An additional bedroom could be added on the first floor and there is a second full bathroom. The second-floor features 3 generous size sleeping areas, deep closets, a full bathroom with 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 in the neighborhood make this the perfect home and neighborhood an excellent value. Represents current apartment configuration, which may not conform to official legal documentation. Purchasers should consult with their legal or architectural professionals to determine legal use parameters.

Features & Amenities

Interior Features

Entrance Foyer Eat In Kitchen Elevator In Unit

Exterior Features

Building Garden Garden

Appliances

Dishwasher

Building Information

Financial Details

Common Charges $1,400/mo
RE Taxes $11,052/yr ($921/mo)
Sale Price $998,000

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, 12:52 PM EST

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Location

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309 E 108th Street #2B, East Harlem, New York County

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 $1,400 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $11,052, or roughly $921 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms.

The listed interior living area is 1,600 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $998,000 for 1,600 sq ft, the asking price per square foot is approximately $624. 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: RLS10938055
First Listed: 9/27/2023
On Market: 9/27/2023
Price Changed: 9/27/2023
Closed: 3/6/2024
Contract Date: 9/27/2023

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 4:52 PM UTC

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