7 months on rocket

1831 Madison Ave Unit 6A, New York City, NY, 10035

$645,000

Home List Price

$7,659*

Closing Credit

2 Bedrooms
2 Full Baths
860 SqFt
$750/SqFt
Condo

Location

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1831 Madison Ave Unit 6A, New York$645,000

Buyer Closing Credits

$7,659*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built2002
CoolingOther
BasementYes
ViewOther
MLS #RPLU-63222978550
StatusActive

About 1831 Madison Ave Unit 6A

This serene split two-bedroom, two-bathroom layout captures the gentle morning eastern light, offering tranquility.<br> <br> 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.<br> <br> The spacious primary bedroom has an en-suite bath and a generous walk-in closet. The second bedroom effortlessly accommodates a queen-size bed.<br> <br> 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.<br> <br> 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. storage units are available upon request with additional fees, along with convenient bike racks on a first-come, first-serve basis.<br> <br> 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.<br> <br> 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.<br>

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Living Area: 860 SqFt

Listing Office:

  • Office Name: Brown Harris Stevens Residential Sales LLC
  • Office Phone: (212) 906-9234
  • Listing Agent: Leanne Stella
  • Agent Phone: (917) 273-4405

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Building Courtyard, None

Utilities

Utilities Information:

  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $645,000
  • Price Per SqFt: $750/SqFt

HOA Fees:

  • Amount: $992
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

1831 Madison Ave Unit 6A vs New York

213 DAYS ON ROCKET

+129 Days

$645,000

-$211.1K Less

$750/SqFt

+$105 More

KEY TAKEAWAY

This property is $211.1K less than the Median Sold Price and $105/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-63222978550

Listing Office:

  • Office Name: Brown Harris Stevens Residential Sales LLC
  • Office Phone: (212) 906-9234
  • Listing Agent: Leanne Stella
  • Agent Phone: (917) 273-4405

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/22/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,279

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,000

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-504267
10
/10
  • Harlem Village Academy West 2 Charter School

  • 74 W 124th St

  • 0.35 miles

  • Public Charter Grades KG-2

school-card-donut-504268
5
/10
  • P.S. 242 The Young Diplomats Magnet Academy

  • 134 W 122nd St

  • 0.40 miles

  • Public Magnet Grades KG-5

school-card-donut-504269
3
/10
  • P.S. 185 The Early Childhood Discovery and Design Magnet School

  • 20 W 112th St

  • 0.42 miles

  • Public Magnet Grades KG-2

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,041. The most common annual income of people living in New York, NY is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1831 Madison Ave Unit 6A

What is the listing price of this property?

The listing price of 1831 Madison Ave Unit 6A property is $645,000.

What type of property is this?

The property 1831 Madison Ave Unit 6A is a condo located in New York City, New York, 10035.

Is this property for sale now?

Active Listing: 1831 Madison Ave Unit 6A is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1831 Madison Ave Unit 6A has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1831 Madison Ave Unit 6A is 860 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1831 Madison Ave Unit 6A is 2002.

Rocket HomesNew YorkNew York100351831 Madison Ave Unit 6A

This home is located at 1831 Madison Ave Unit 6A in New York City, NY and zip code 10035 in the East Harlem neighborhood. This 860 square foot home was built in 2002. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $645,000.

New York, NY housing market in October 2024 saw over 269 listings sold above listed price, more than 850 sold at listed price and over 833 sold below. The number of homes for sale in New York, NY increased by 1.8% between September 2024 and October 2024. The median list price of listings available in October 2024 was $856,124, while the average time on the real estate market was 84 days.

From Rocket Homes Real Estate and based on county public records data.

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