1820 Madison Avenue, #7C, New York (East Harlem), NY, 10035 | $650,000

West-Facing 2BR Overlooking Treetops Toward Columbia, Tax-Abated Through 2037 988 SF - $1, 203/mo maintenance - Boutique 2012 co-op on Madison Avenue Sun-filled, quiet, and thoughtfully designed, this west-facing two-bedroom offers exceptional space, light, and value in a boutique 2012 co-op along the Madison Avenue corridor in South Harlem. Spanning approximately 988 square feet, the home features a wall of triple-pane windows with open treetop views stretching toward Columbia University’s Morningside campus. Enjoy radiant afternoon light, beautiful sunsets, and a remarkably peaceful interior thanks to superior soundproofing. With a 421a tax abatement in place through 2037, the monthly maintenance of just $1, 203 remains notably low, often comparable to or below that of a one-bedroom further downtown. This is a true two-bedroom layout, not a conversion. The primary bedroom comfortably accommodates a king-size bed, while the second bedroom fits a queen plus additional space for a desk or nursery. Both bedrooms, along with the living area, share the same bright western exposure. Additional highlights include hardwood oak floors, thru-wall air conditioning in every room, and a dedicated laundry room with a full-size washer and dryer and extra storage. A gracious entry foyer with an oversized closet adds to the home’s functionality. The apartment was customized by its original architect-owner, with elevated finishes throughout. The open kitchen is outfitted with quartz countertops, a glass tile backsplash, maple cabinetry, and stainless steel appliances including a Bosch dishwasher. The spa-like bathroom features a Toto Washlet, Grohe fixtures, and a rainfall showerhead. Designer lighting, soft-touch switches, custom blackout shades, and tasteful wall coverings complete the home. The well-maintained, financially sound building offers just 27 residences across eight stories, creating a sense of privacy with only three to four homes per floor. Amenities include a virtual doorman with video intercom, package room, elevator, shared second-floor terrace, bike storage, and private storage available for a fee. Ideally situated near the best of South Harlem, the building is moments from Marcus Garvey Park and within a short walk to Central Park, Whole Foods, Trader Joe’s, and the vibrant dining and cultural scene along Lenox and Frederick Douglass Boulevards. Nearby highlights include the Apollo Theater and the Studio Museum in Harlem. Convenient transportation options include the 6 train at 116th Street, the 2/3 trains at Lenox Avenue, Metro-North at 125th Street, multiple bus lines, and Citi Bike stations. LaGuardia Airport is approximately 20 minutes away by car. Gifting is permitted. No income restrictions. No flip tax. Come experience the amazing light for yourself - late afternoon truly says it all. Open houses by appointment only.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 8
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: SeeRemarks
  • Complex: Lancaster Madison
  • Year Built: 2011
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Virtual Doorman
  • Built Size: 25'x71'
  • OLR#: RLS20073184
  • Days on Market: 124 days
  • Website: https://www.raveis.com
    /prop/RLS20073184/1820madisonavenue_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.

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NMLS Mortgage Loan Originator ID 293220

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1820 Madison Avenue, #7C, New York (East Harlem), NY, 10035

$650,000

Ann Sutliff

Sales Associate

William Raveis Real Estate

Phone: 413.262.0289

Ann.Sutliff@raveis.com

Michele Welch

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 413.626.5626

Michele.Welch@raveis.com

NMLS Mortgage Loan Originator ID 293220

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $520,000 $520,000 $520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.866%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,114 $3,283 $4,283
Total Monthly Payment $3,206 $3,375 $4,375

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.