1831 Madison Avenue, Unit 7L

$615,000
Price
2
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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....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.

Property Details for 1831 Madison Avenue, Unit 7L

Zoning
R7-2
View
City, Skyline

Open Houses

Sunday, Apr 28th

12:00 PM - 1:00 PM

By Appointment OnlyView Details

Location

Listing Courtesy of Corcoran Group
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LISTING UPDATED: 04/19/2024 01:21 PM

Property Details for 1831 Madison Avenue, Unit 7L

StatusActive
MLS IDRPLU-33422520138
Days on Market312
Taxes-
Maintenance$1,065 / month
Min. Down Pymt10%
Total Rooms4.5
Compass TypeCo-op
MLS TypeCo-op
Year Built2001
CountyNew York County

Building

Madison Park Apartments

128 Units9 StoriesBuilt in 2001

Location

Listing Courtesy of Corcoran Group
Add your commute

Virtual Tour

Building Information for 1831 Madison Avenue, Unit 7L

Building/ComplexMadison Park ApartmentsFloor7Stories9Residences128Pet PolicyAllowedYear Built2001Building AgePost-warBuilding TypeMidrise

Payment Calculator

$4,841 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,776

Property Taxes

$0

Maintenance/Common Charges

$1,065

The Payment Calculator is for illustrative purposes only.

Property Information for 1831 Madison Avenue, Unit 7L

Summary
Location and General Information
  • Subdivision Name: South Harlem
  • Stories Total: 9
  • Exposures: East, South
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 0021
  • Tax Deduction Percent: 42.00%
  • Tax Block: 01746
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $2
  • Building Tax Lot: 0021
  • Tax Monthly Amount: 0.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Virtual Tour
Property
Lot Information
  • Living Area Units: SquareFeet
  • Building Name: MADISON PARK
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Exterior Features: Courtyard
  • Building Laundry Features: InBasement
  • Building Pets Allowed: BuildingYes
  • Building Pets Allowed Comments: Pets Allowed
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: StockCooperative
  • Number Of Shares: 116
  • New Construction: No
  • Structure Type: HighRise
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Entry Level: 7
  • Fireplace: No
  • Dining Type: Alcove
  • Kitchen Condition: Good
  • Floor Number: 7
  • Basement: No
  • Cooling: No
  • Bathroom Condition: Good
  • ElevatorsTotal: 2
Multi Family
Multi-Family Information
  • Unit Line: L
  • Number Of Units Total: 128
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Delivered Vacant: Yes
  • Attendance Type: DoormanFullTime, ElevatorAttendanceYes
  • Land Lease: No
  • Pets Allowed Comments: Pets Allowed

Property History for 1831 Madison Avenue, Unit 7L

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1831 Madison Avenue, Unit 7L

Taxable ValueLand-Additions-Total-
Home Facts
APN1017460021

Schools near 1831 Madison Avenue, Unit 7L

This home is within New York City Geographic District # 5.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 30 Hernandez Hughes
PublicPK to 5

Urban Assembly Academy for Future Leaders
Public6 to 8

Urban Assembly-Global Commerce
Public9 to 12

Harlem Renaissence High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1831 Madison Avenue, Unit 7L is a co-op for sale in Harlem. This property was listed for sale on June 19, 2023 by Corcoran Group, it's currently listed at $615,000. It has been on the market for a total of 312 days and was last sold on September 18, 2007. This listing's school district is New York City Geographic District # 5. Nearby schools include P.S. 30 Hernandez Hughes, Urban Assembly Academy for Future Leaders and Urban Assembly-Global Commerce. 1831 Madison Avenue, Unit 7L is a 2-bed, 2-bath, co-op built in 2001.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Group

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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.