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$658,930
List Price: $669,000
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1831 Madison Avenue #6A
Coop in South Harlem •  building info
2bd • 2ba • 860ft² $778 per ft²
Buy with Yoreevo

$658,930

List Price

$669,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
9
Last price change
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Estimated payment
$4,375
Monthly taxes
N/A
Monthly maintenance
$992
Description
This serene split two-bedroom, two-bathroom layout captures the gentle morning eastern light, offering tranquility. Step into an updated kitchen featuring light grey tones, marble flooring, Corian countertops, and state-of-the-art stainless-steel appliances, including a dishwasher. The dining experience is elevated with a charming banquette area adjacent to the kitchen, creating a perfect space for entertaining culinary delights. The spacious primary bedroom has an en-suite bath and a generous walk-in closet. The second bedroom effortlessly accommodates a queen-size bed. Pet-friendly and designed for contemporary living, this residence adheres to an HDFC income cap of $333,500, with the seller covering the flip tax. A nominal current capital assessment of $83.31 ensures your investment in this refined space. Madison Park, your full-service building, offers a suite of amenities, including a gym, residents lounge, courtyard, laundry room, live-in super, and a dedicated concierge. Two storage units are available upon request, along with convenient bike racks on a first-come, first-serve basis. The lower seven floors of the building are governed by an HDC Regulatory Agreement, while the upper two floors are not subject to regulation. The income cap set by HDC stands at $333,500 per household gross. It's important to note that this building is not HDFC-designated. The seller bears the 2% flip tax. Additionally, there is a 421a tax abatement in place which begins to phase out this year, gradually reaching 100% property tax rate over the next five years. Consequently, there's a 10% assessment on maintenance in effect until 2029. Furthermore, 42% of the maintenance is tax deductible. Embrace the vibrant neighborhood, situated across from Marcus Garvey Park, boasting an outdoor pool, Richard Rodgers Amphitheater, public art installations, playgrounds, fitness areas, and a dog run. Commuters await easy access to the 2/3 or 4/5/6 trains at 116th or 125th Streets and multiple bus lines, including the M60 to LaGuardia.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
City View
Dishwasher
Central Air
Skyline View
Building Amenities
Bike Room
Gym
Package Room
Live In Super
Fios Available
Children's Playroom
Laundry in Building
Outdoor Space
Courtyard
History
What it'll cost
Purchase price
$669,000
Asking Price: $669,000
Term
30 Years
Down Payment
$133,000 (20%)
Min: 20% (133,000)
Rate
6.5 %
Mortgage Amount
$535,200
Mortgage Payment
$3,383
Maintenance
$992
Estimated Yoreevo rebate
$10,070
Estimated closing cost
$7,000
Total monthly cost $4,375
Buy your dream home with us and get an estimated
$10,070 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Brown Harris Stevens

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