--- title: "309 East 108th Street #5C, New York City, NY 10029" description: "309 East 108th Street #5C, New York City, NY 10029 — East Harlem, New York City, NY. Listing Price $750,000. Price Reduced: Reduced $29,000 (3.7%) from $779,000 on August 12, 2026. 3 bed, 2 bath, 1,800 sqft Illustrative Buyer Commission Share of $11,250 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10029/309-east-108th-street-c-5C-ny-10029" source: "Real Estate Rebate Team" status: "Active" --- # 309 East 108th Street #5C, New York City, NY 10029 East Harlem, New York City, NY Courtesy of Coldwell Banker Warburg ## At a Glance - **Listing Price**: $750,000 - **Price Reduced**: Reduced $29,000 (3.7%) from $779,000 on August 12, 2026 - **Beds**: 3 - **Baths**: 2 - **Sqft**: 1,800 - **Common Charges**: $1,628 / mo - **Price per Sqft**: $417 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $750,000 - **Illustrative Buyer Commission Share**: -$11,250* - **Illustrative Net Cost**: $738,750 *Illustrative Buyer Savings of $11,250 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![309 East 108th Street #5C, New York City, NY 10029 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/16f11140-c8bb-492f-8d2c-a399cb107f43.jpg) ![309 East 108th Street #5C, New York City, NY 10029 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ac39b88a-755a-455a-8aa9-46ba9175565e.jpg) ![309 East 108th Street #5C, New York City, NY 10029 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/514c54c3-7e05-44bc-becc-fb072916d6fd.jpg) ![309 East 108th Street #5C, New York City, NY 10029 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cff21168-6fb8-4150-8621-d85c189c6b16.jpg) ![309 East 108th Street #5C, New York City, NY 10029 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6c2b4535-cd11-446f-b134-169503a16ed3.jpg) ![309 East 108th Street #5C, New York City, NY 10029 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e6fda22c-b837-40c9-be6d-6892fa97f7b0.jpg) ![309 East 108th Street #5C, New York City, NY 10029 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1fac4233-980f-41d3-a4be-2ae5004499fc.jpg) ![309 East 108th Street #5C, New York City, NY 10029 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7e2a7a78-8f08-49aa-af84-a70c949baf57.jpg) ![309 East 108th Street #5C, New York City, NY 10029 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/25822043-342f-4f07-b4e0-af6e4af72d87.jpg) ![309 East 108th Street #5C, New York City, NY 10029 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/58aed98c-e875-4a19-ac77-831831f91f7d.jpg) ## Property Overview Priced to sell and major price reduction! Expansive 1800sf Duplex Loft in a Historic 1899 Schoolhouse Conversion! Discover a truly unique home in a beautifully converted 1899 schoolhouse. Offering approximately 1,800 square feet of living space, this oversized duplex loft is currently configured and used as a 4-bedroom residence, with the potential for a 5-bedroom layout. Designed for comfortable family living, the apartment features an exceptional floor plan with bathrooms on both levels. The main floor includes a spacious open kitchen, a dramatic double-height living room with soaring 14-foot ceilings, a large foyer/reception area, and a flexible bonus room that can serve as a den, home office, or fourth bedroom, along with a full bath. Upstairs, you'll find three bedrooms, another full bath, and an in-unit washer/dryer. Wraparound 10-foot windows flood the home with natural light throughout the day, enhancing the loft's airy and inviting atmosphere. Located in Magnolia Mansion, residents enjoy access to a rare and expansive shared backyard-an exceptional amenity in New York City. Convenient transportation options are nearby, and the Second Avenue Subway's Q train extension is just a block away, adding even greater accessibility. Whether you're seeking a spacious family home, a live/work environment, or an exceptional space for entertaining, this one-of-a-kind loft offers endless possibilities. Bring your vision and transform this remarkable property into your dream home. Discover a truly unique home in a beautifully converted 1899 schoolhouse. Offering approximately 1,800 square feet of living space, this oversized duplex loft is currently configured and used as a 4-bedroom residence or 3 bedroom with home office! Designed for comfortable family living, the apartment features an exceptional floor plan with bathrooms on both levels. The main floor includes a spacious open kitchen, a dramatic double-height living room with soaring 14-foot ceilings, a large foyer/reception area, and a flexible bonus room that can serve as a den, home office, or fourth bedroom, along with a full bath. Upstairs, you'll find three bedrooms, another full bath, and an in-unit washer/dryer. Wraparound 10-foot windows flood the home with natural light throughout the day, enhancing the loft's airy and inviting atmosphere. Located in Magnolia Mansion, residents enjoy access to a rare and expansive shared backyard-an exceptional amenity in New York City. Convenient transportation options are nearby, and the Second Avenue Subway's Q train extension is just a block away, adding even greater accessibility. Whether you're seeking a spacious family home, a live/work environment, or an exceptional space for entertaining, this one-of-a-kind loft offers endless possibilities. Bring your vision and transform this remarkable property into your dream home. ## Property Details - **Property Type**: Duplex - **Beds**: 3 - **Baths**: 2 - **Rooms**: 8 - **Sqft**: 1,800 sqft - **Stories**: 11 - **Year Built**: 1899 - **Price per Sqft**: $417 - **Common Charges**: $1,628 / Monthly - **Listed On**: Jun 3, 2026 - **Days on Market**: 105 Days ### Residence Features - Washer Hookup - City ## Sales and market data ### Recent sales 5 apartments at MAGNOLIA MANSION have recorded sales since September 2021, the most recent for $800,000 in May 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 2D (Apartment) | — | 1,417 | $800,000 | $565/ft² | May 1, 2025 | City record | | 4B (Apartment) | 4 | 1,509 | $948,000 | $628/ft² | March 7, 2025 | City record | | 5F (Apartment) | — | 1,257 | $700,000 | $557/ft² | June 26, 2024 | City record | | 2B (Apartment) | — | 1,523 | $998,000 | $655/ft² | March 6, 2024 | City record | | 3A (Apartment) | — | 1,414 | $1,037,500 | $734/ft² | May 19, 2023 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $750,000 - **Median sold price**: $1,360,000 - **Difference**: -$610,000 (-44.9%) - **This home, $/ft²**: $417 - **Median $/ft²**: $1,122 - **Comparable sales**: 11 - **Sales from**: September 2024 – April 2026 - **Middle half of those sales**: $1,187,537 – $1,875,000 Based on condo three-bedroom sales in East Harlem. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from East Harlem instead. ### How these sales were negotiated - **Sale-to-list price**: 89.6% (11 sales) - **Sold below asking**: 73% (11 sales) - **Typical time to find a buyer**: 154 days (11 sales) - **Typical time to close**: 67 days (11 sales) Based on condo three-bedroom sales in East Harlem with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Sales data through April 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at MAGNOLIA MANSION](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/magnolia-mansion) ## Price and Property History for 309 East 108TH Street, Unit 5C Review the recorded listing activity for 309 East 108TH Street, Unit 5C, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $29,000, or 3.7%, on August 12, 2026 - **Originally listed**: June 3, 2026 at $779,000 - **Current asking price**: $750,000 | Date | Price | Listing event | | --- | --- | --- | | August 12, 2026 | $750,000 | Asking price reduced by $29,000, or 3.7% | | June 3, 2026 | $779,000 | Listed for sale by Coldwell Banker Warburg | ## Property Tax History Taxes at 309 East 108th Street #5C were $11,805 in 2026, up 4.1% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $103,372 | $8,566 | $94,806 | $94,440 | $11,805 | 12.5% (estimated) | | 2025 (FY 2025/26) | $98,147 | $8,566 | $89,581 | $90,763 | $11,345 | 12.5% (estimated) | | 2024 (FY 2024/25) | $92,322 | $8,566 | $83,756 | $89,957 | $11,245 | 12.5% | | 2023 (FY 2023/24) | $88,567 | $8,566 | $80,001 | $88,567 | $11,073 | 12.502% | | 2022 (FY 2022/23) | $89,795 | $8,566 | $81,229 | $89,795 | $9,092 after $1,923 abatement | 12.267% | | 2021 (FY 2021/22) | $84,985 | $8,566 | $76,419 | $84,985 | $3,110 after $7,288 abatement | 12.235% | | 2020 (FY 2020/21) | $94,121 | $8,566 | $85,555 | $82,933 | $10,173 | 12.267% | | 2019 (FY 2019/20) | $92,008 | $8,566 | $83,442 | $74,249 | $9,261 | 12.473% | | 2018 (FY 2018/19) | $91,023 | $8,566 | $82,457 | $67,112 | $8,464 | 12.612% | | 2017 (FY 2017/18) | $69,723 | $8,566 | $61,157 | $61,133 | $7,776 | 12.719% | | 2016 (FY 2016/17) | $67,796 | $8,566 | $59,230 | $59,226 | $7,635 | 12.892% | | 2015 (FY 2015/16) | $50,708 | $8,566 | $42,142 | $57,278 | $7,379 | 12.883% | | 2014 (FY 2014/15) | $56,318 | $8,566 | $47,752 | $57,158 | $7,348 | 12.855% | | 2013 (FY 2013/14) | $61,115 | $8,566 | $52,549 | $55,487 | $7,294 | 13.145% | | 2012 (FY 2012/13) | $60,201 | $8,566 | $51,635 | $51,057 | $6,730 | 13.181% | | 2011 (FY 2011/12) | $58,055 | $8,566 | $49,489 | $46,986 | $6,312 | 13.433% | | 2010 (FY 2010/11) | $50,108 | $8,565 | $41,543 | $42,969 | $5,738 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner. Figures are the New York City Department of Finance assessment roll for tax lot 1016801034. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### MAGNOLIA MANSION East Harlem · Duplex 305 East 108th Street, New York, NY 10029 A building in East Harlem, currently featuring 2 active listings. - **Year Built**: 1899 - **Total Units**: 2 - **Floors**: 11 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/magnolia-mansion) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10029/309-east-108th-street-c-5C-ny-10029) | 3 | 2 | 1,800 sqft | $417 | $750,000 (-3.7%) | Coldwell Banker Warburg | Jun 3, 2026 | 105 days | | [4B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10029/305-east-108th-street-4b-ny-10029) | 4 | 2 | 1,600 sqft | $562 | $899,000 — In contract | Christies International Real Estate Group LLC | Jan 7, 2026 | 252 days | ## Estimated Monthly Payment **$5,420 / month**, assuming a 20% down payment ($150,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $3,792 - **Common Charges**: $1,628 Estimates only. Actual payments may vary. Confirm terms with your lender. ## East Harlem Overview of East Harlem [Explore East Harlem](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby East Harlem - [Randall's Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/randall-s-island) - [Morningside Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights) - [Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/harlem) - [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park) ## Related Links - [MAGNOLIA MANSION — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/magnolia-mansion) - [East Harlem neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.