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1825 Madison Avenue, Unit 9G - Now a Free-Market Opportunity in East Harlem Residence 9G at 1825 Madison Avenue presents a rare opportunity to purchase a formerly income-restricted apartment that has fully transitioned to free-market ownership-unlocking long-term flexibility and value in a full-service cooperative with just 10% down permitted.
OWNER IS OFFERING A 12 MONTH MAINTENANCE CONCESSION, WITH A MAXIMUM VALUE OF $30, 000.
Perched on a high floor with south and west exposures, this two-bedroom, two-bathroom home is filled with natural light and offers open skyline and urban views, along with exceptional sunsets. The layout is both functional and inviting, anchored by a spacious living and dining area that comfortably accommodates both everyday living and entertaining.
The kitchen is separate and thoughtfully designed, featuring white shaker cabinetry, quartz countertops, and slate flooring, along with a full suite of appliances including a Frigidaire refrigerator, Samsung range, Bosch dishwasher, and Whirlpool microwave. A pass-through to the living area brings in additional light while maintaining a sense of separation.
A private terrace extends directly from the living space, complete with an awning and electrical access, offering a rare outdoor extension of the home-well-suited for both quiet mornings and evening unwinding against a backdrop of city views.
Both bedrooms are well-proportioned with excellent closet space. Throughout the home, through-the-wall air conditioning and ceiling fans in every room provide consistent, efficient cooling. Building-supplied heat, with in-unit control, allows for seasonal flexibility-creating a well-balanced, year-round climate.
The renovated bathrooms are finished in marble with a consistent, thoughtful design. One features a bathtub with hand shower, while the second offers an enclosed walk-in shower, both designed with practical luxury in mind.
1825 Madison Avenue is a well-established, full-service cooperative offering a 24-hour lobby attendant, live-in superintendent, landscaped courtyard with gas grill, extra large modern laundry room, fitness center, and bike storage. The building is pet-friendly and permits subletting two years out of every four. Pied-à-terre purchases and in-unit washer/dryers are not permitted.
Located in East Harlem, this address sits within a neighborhood defined by both established community character and ongoing growth. Residents benefit from proximity to multiple subway lines, neighborhood parks, local restaurants, and cultural institutions that continue to shape the area's identity.
For buyers seeking light, outdoor space, and the added advantage of a newly unrestricted unit, Residence 9G represents a compelling and increasingly rare opportunity in the Manhattan market.
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.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$499,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,458 | $2,521 | $3,315 |
| Total Monthly Payment | $2,533 | $2,596 | $3,390 |
* 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.