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1901 Madison Avenue #206
Coop in South Harlem •  building info
2bd • 1ba
List Price

$375,000

Key Details
Days on market
118
Last price change
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Estimated payment
$3,095/mo
Taxes
Included in maintenance fees
Maintenance
$1,248/mo
Description
ACCEPTED OFFER, CONTRACT OUT.  We are proud to present unit 206 at 1901 Maple Court Cooperative. This spacious two bedroom, one bathroom unit has a flexible layout. There is a large living room and an area to accommodate a medium sized dinner table with chairs. The unit gets north west exposure from both bedrooms and the large living room. The kitchen has stainless steel face appliances, ample storage, countertop space and a dishwasher. The bright main bedroom can fit a King or Queen size bedroom set. It also has two large windows and a large closet. The only bathroom space is in good condition. The second bedroom can also fit a King and Queen size bed. This unit is excellent for entertaining. The well-managed building has an attentive co-op board & a responsive managing agent. The building amenities include a 24-hour lobby attendant who offers package and delivery services, storage, free gym, bike room, two laundry rooms, common landscaped courtyard, extra-storage, live-in super and private parking with a waitlist of course. The building is by the famous 20 acre Marcus Garvey Park. The area is steps away 125th Street where you will find many shopping stores, theaters, museums and restaurants to visit. Nearest transportation is the 2, 3, 4 and 5 Subways, the Metro North, many city buses and Citi Bike docks. Only cats are allowed. No pied-a-terres, no subletting and no guarantors. This HDFC building's income Requirements (2024) for 1 or 2 interested buyers at the 120 percent AMI is 186,360. 3 or 4 interested buyers calculated at the 140 percent AMI is 217,240. Debt/Income ratio: Annual Maintenance must be less than 28 percent of Annual Income. Total Actual Debt. (Including monthly maintenance & mortgage, if financing) must be less than 36 percent of Annual Income. Open houses are by appointment only. Contact our team to schedule a private viewing appointment.

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Important Stuff
Elevator
Full Time Doorman
Unit features
Dishwasher
Hardwood floors
Storage Available
Private outdoor space

Private Garden

Building amenities
Services and facilities
Bike Room
Concierge
Fios Available
Laundry in Building
Live In Super
Parking

Garage

Wheelchair Access
Wellness and recreation
Gym
Shared outdoor space
Courtyard
Building info

History
What it'll cost
Purchase price
$375,000
Asking Price: $375,000
Term
30 Years
Down Payment
$75,000 (20%)
Min: 20% (75,000)
Rate
6.25 %
Mortgage Amount
$300,000
Mortgage Payment
$1,847
Maintenance
$1,248
Estimated closing cost
$7,000
Total monthly cost $3,095
Listing Courtesy of Douglas Elliman

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