$ 615,000
1831 MADISON Avenue #7L Manhattan, NY 10035
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Listing Courtesy of Corcoran Group
$ 615,000
Est. payment /mo
Pending
1831 MADISON Avenue #7L Manhattan, NY 10035
2 Beds
2 Baths
UPDATED:
10/31/2024 11:31 PM
Key Details
Property Type Co-op
Sub Type coops
Listing Status Pending
Purchase Type For Sale
Subdivision South Harlem
MLS Listing ID RPLU-33422520138
Bedrooms 2
Full Baths 2
HOA Fees $1,065/mo
HOA Y/N Yes
Year Built 2001
Property 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.
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.
Location
Rooms
Basement Other
Interior
Fireplace No
Laundry Building Other
Exterior
Exterior Feature Building Courtyard, None
View Y/N Yes
View City
Porch None
Private Pool No
Building
Dwelling Type High Rise
Story 9
New Construction No
Others
Pets Allowed Pets Allowed
Ownership Stock Cooperative
Monthly Total Fees $1, 065
Special Listing Condition Standard
Pets Description Building Yes, Yes
RLS Data display by Elegran