Buy with Yoreevo
$606,550
List Price: $615,000
Share Listing
Save Listing
1831 Madison Avenue #7L
Coop in South Harlem •  building info
2bd • 2ba
Buy with Yoreevo

$606,550

List Price

$615,000

photo of agent
James McGrath
(212) 365-0151 • 
Agent stats loading...
Ask a Question
Key Details
Days on market
335
Last price change
loading...
Estimated payment
$4,256
Monthly taxes
N/A
Monthly maintenance
$1,065
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. 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.

Read Less

Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
City View
Dishwasher
Skyline View
Building Amenities
Bike Room
Smoke-free
Gym
Package Room
Live In Super
Fios Available
Children's Playroom
Wheelchair Access
Laundry in Building
Outdoor Space
Courtyard
History
What it'll cost
Purchase price
$615,000
Asking Price: $615,000
Term
30 Years
Down Payment
$123,000 (20%)
Min: 20% (123,000)
Rate
6.75 %
Mortgage Amount
$492,000
Mortgage Payment
$3,191
Maintenance
$1,065
Estimated Yoreevo rebate
$8,450
Estimated closing cost
$7,000
Total monthly cost $4,256
Buy your dream home with us and get an estimated
$8,450 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Corcoran Group

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.