1787 Madison Avenue #501$700,000
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1787 Madison Avenue #501
Coop in South Harlem •  building info
2bd • 2ba • 829ft² $844 per ft²
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List Price

$700,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
25
Last price change
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Estimated payment
$4,625
Monthly taxes
N/A
Monthly maintenance
$1,085
Description
Sleek & stylish 2-bedroom, 2-bathroom co-op perfectly located in the heart of Harlem. Western facing and located on the 5th floor, unit 501 has phenomenal city views and lovely sunsets. Renovated just a few years ago, this home is thoughtfully designed with an open-kitchen and split bedroom layout. The kitchen comes with a big breakfast counter that comfortably seats four; tailor-made, soft-close cabinetry; pull-out pantry, and under-cabinet lighting. Also with full-sized, stainless-steel appliances including integrated dishwasher and vented hood above the gas range! The quartz countertops are easy to maintain and provide plenty of space for food preparation, casual dining and entertaining. The primary bedroom, comfortably fits a king-sized bed and a full-height, armoire/storage system, to compliment the already gracious walk-in closet. Crisp and sleek, en-suite bathroom with a full-sized tub, recessed medicine cabinet and floating vanity. The secondary bedroom makes for an excellent second bedroom or home-office. Again, with beautiful city views, including Riverside Church. The second bathroom was upgraded for added convenience, from a tub to a stall shower, using warm tones and modern finishes. Through-wall air-conditioning throughout. Fios, Spectrum and Starry all available. One of Harlem's finest buildings, 1787 Madison Ave. boasts a 24-hour doorman, live-in super, sparkling laundry, bike room, storage, fitness center with Peloton bikes and an enormous, landscaped courtyard with outdoor gas barbecues. The newly renovated courtyard can be rented for private events. Community is important at 1787 Madison, with a shared book library, community garden, children's play area, and local volunteering and donation activities organized through the building's members and committees. Tax-abatement through 2029. Located just five blocks from Central Park and surrounded by Harlem's best cafes and shops. Marcus Garvey Park is also just moments away; perfect for summer concerts at the amphitheater and / or a relaxing respite. Whole Foods nearby and Trader Joes coming soon! Super close to major subway lines (2, 3, 4, 5, and 6) to get downtown and the Metro North for getting out of town! Pet friendly. 90% financing permitted with approved lenders offering special programs / rates for first time home buyers. Note: Tenant occupied, but will be delivered vacant. Flexible sublet policy allows subletting (2 out of 4 years) after one-year of ownership.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
City View
Dishwasher
Building Amenities
Bike Room
Concierge
Gym
Live In Super
Fios Available
Laundry in Building
Outdoor Space
Courtyard
History
What it'll cost
Purchase price
$700,000
Asking Price: $700,000
Term
30 Years
Down Payment
$140,000 (20%)
Min: 20% (140,000)
Rate
6.5 %
Mortgage Amount
$560,000
Mortgage Payment
$3,540
Maintenance
$1,085
Estimated Yoreevo rebate

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Estimated closing cost
$7,000
Total monthly cost $4,625
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Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of POLJAN PROPERTIES INC

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