Co-op, 1825 Madison Avenue #6I, East Harlem North - Real Estate New York

Description

SOUTH HARLEM | 118TH ST & MADISON AVE | 2 BEDROOM 2 FULL BATH | HDFC COOP | $580,000 • HDFC MAXIMUM INCOME CAP APPLIES - $388,250 • 90% FINANCING ALLOWED • 421a TAX ABATEMENT THROUGH 2030 Current Monthly Unabated Taxes $958 5 Year Tax Payment Phase In Begins 2026 Escalating 20% Per Year Until 2030 Extremely affordable 2 bedroom 2 bathroom coop apartment in a well appointed 24 hour doorman South Harlem Coop. Spacious, west facing 6th floor unit looks out over Madison Ave. Great afternoon light and sunset views. Good move-in condition. Partially open galley kitchen with stainless steel Kenmore appliances. Stove. Microwave. Refrigerator. Dishwasher. Excellent closet space and hardwood flooring throughout. Oversized primary bedroom with en-suite bath and walk-in closet, easily accommodates a king bed while leaving room for a reading chaise or work area. 2nd bedroom fits a queen bed or two twin beds. There is a separate dining area with-in the large open living space. Madison Plaza is a modern 9 story building in a well-established residential neighborhood. Amenities include 24 hour doorman, fitness center, central laundry, storage, common room, and landscaped courtyard with BBQ. Live-in super. Direct access to both eastside and westside local and express subway trains as well as the Metro North station at 125th and Park Ave. Central Park and Marcus Garvey Park. Whole Foods, Trader Joe's, Costco, Target, and many more national retailers are a few blocks away. Quality dining options nearby include Red Rooster, Harlem Tavern and Corner Social. Subletting permitted 2 out of every 4 years with board approval. No flip tax. Pets Welcome. Minimum 10% down. Listing courtesy of Compass ...
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