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1831 Madison Avenue
Apartment #7L
$615,000 Price
2 Bedrooms   2.0 Baths
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Photo 1 of 1831 Madison Avenue 7L, South Harlem, NYC, $615,000, Web #: 1038377845Previous PhotoNext Photo1 of 21

1831 Madison Avenue, South Harlem, NYC

This spacious two bedroom, two bathroom Coop home features a Southern exposure overlooking 119th Street. The corner Primary bedroom has two exposures and includes a walk-in closet and an en-suite windowed, bathroom facing East. This apartment has just been refreshed with new paint and newly refinished hardwood...

This spacious two bedroom, two bathroom Coop home features a Southern exposure overlooking 119th Street. The corner Primary bedroom has two exposures and includes a walk-in closet and an en-suite windowed, bathroom facing East. This apartment has just been refreshed with new paint and newly refinished hardwood floors throughout. This 9 story coop building was built in 2002. The bottom 7 floors (including Apt 7L) are subject to an HDC Regulatory Agreement and the upper two floors are deregulated. The HDC income cap for Apt 7L is $333,500 per household gross. NOTE: This is NOT an HDFC Building. The 2% Flip tax is paid by the Seller. There is a 421a tax abatement on the building that begins expiring this year. It will expire over the next 5 years until the property taxes are at 100%. Consequently, there is a 10% Assessment on the MM in effect thru 2029. The MM is 42% tax deductible. The Madison Park is a full service, pet friendly Coop. Amenities include a 24 hour door-staff, live-in super, laundry room, and 24-hour gym. There is also a bike room and private storage available. Residents can enjoy the exclusive, outdoor courtyard for social gatherings and parties. The building is located across the street from Marcus Garvey Park, which offers additional fun times, such as a large dog run, basketball courts, a recreation center, an amphitheater, and an outdoor pool. There is easy access to the 2/3 or 4/5/6 subway trains at 116th or 125th Streets and multiple bus lines including the M60 to LaGuardia airport.

Courtesy of Corcoran Group

Floorplan for 1831 Madison Avenue, 7L

Floorplan for 1831 Madison Avenue, 7L

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

South Harlem, NYC
Type: Cooperative
Price: $615,000
Maintenance/CC: $1,065
Last Updated: 4/19/2024
Web ID: 1038377845

Info & Amenities

Type: Co-op
Rooms: 4.0
Bedrooms: 2
Bathrooms: 2.0
Built: 2001
Pets allowed: Yes

Map of Area for 1831 MADISON Avenue 7L

Get to Know Harlem

Located in Upper Manhattan, Harlem is a vibrant, historic New York neighborhood bounded by Central Park, East Harlem, Washington Heights, and Morningside Heights. Renowned for its rich array of shopping, dining, cultural, and entertainment offerings, the neighborhood is one of Manhattan's most well-known. Here, you can find everything from trendy eateries and nightclubs to theaters and jazz clubs that have had an indelible impact on New York City's history and culture.

More About Harlem

Neighborhood Guide to Harlem

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.

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