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309 E 108TH Street 5C

$725,000

MLS# RLS20095364 · East Harlem

Price reduced$779,000 to $725,000$54,000 (6.9%) off

Originally listed at $779,000. Price last reduced on October 7, 2026.

Listed June 3, 2026 · 163 days on the market

3 Beds 2 Baths 1,800 Sq.Ft.

About This Property

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 Features

Policies

  • Pets allowed

Home features

  • Washer/dryer hookups
  • Skyline view

Building amenities

Services and facilities

  • Elevator

Estimate

Monthly Cost & Closing Costs

The rate is a placeholder, not a quote. Enter the one your lender gives you.

$5,294 / month

  • Principal and interest$3,666
  • Common charges$1,628

Due at closing

  • Down payment (20%)$145,000
  • Mortgage recording tax (1.925%)$11,165

The mansion tax applies to purchases of $1 million or more. Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.

Location & Nearby

Map

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309 E 108TH Street 5C

Subway

  • 6110 StAbout 8 min walk
  • 6103 StAbout 10 min walk
  • 6116 StAbout 12 min walk

Parks

  • Poor Richard's PlaygroundAbout 1 min walk
  • Thomas Jefferson ParkAbout 5 min walk
  • East River PlaygroundAbout 5 min walk

Public schools · Elementary schools

  • Tag Young ScholarsAbout 2 min walk
  • The Bilingual Bicultural SchoolAbout 3 min walk
  • P.S. 83 Luis Munoz RiveraAbout 3 min walk

Middle schools

  • Isaac Newton Middle School for Math & ScienceAbout 11 min walk
  • Renaissance School of the ArtsAbout 12 min walk

High schools

  • Esperanza Preparatory Magnet SchoolAbout 2 min walk
  • Park East High SchoolAbout 6 min walk

Colleges & universities

  • Icahn School of Medicine at Mount SinaiAbout 17 min walk
  • Touro UniversityAbout 19 min walk
  • New York College of Podiatric MedicineAbout 24 min walk

Museums

  • National Museum of Catholic Art and HistoryAbout 10 min walk
  • Raices Latin Music MuseumAbout 15 min walk
  • Museum of the City of New YorkAbout 15 min walk
  • Jewish MuseumAbout 25 min walk

Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.

Listing Courtesy of Christies International Real Estate New York

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RLS: Real Estate Board of New York Residential Listing Service

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.