1777 Madison Avenue

1777 Madison Avenue is a Co-op located in East Harlem, New York. The building was first built in 1910 and is 114 years old. It was first renovated and altered in 1983. The lot that the building was built on is 25 feet wide and 91 feet long. The official lot area is listed as 2,275 square feet. The building itself is 25 feet wide and 75 feet long. In total, 1777 Madison Avenue has a total floor area of 8,530 square feet. Of that, 6,784 square feet are used for residential purposes. About 1,746 square feet of the building are used for commercial purposes. There are a total of 20 units. Of those, 18 are residential units. There are two commercial units. 1777 Madison Avenue has a total of 5 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Only cats are allowed in the building. There are 8 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 247 days and tend to sell below the original asking price of $270,000 by 68.89%. Meaning, listings tend to sell at a median of $375 price per square foot. The transaction that took the longest to complete was unit 24, listed on Aug 02, 2019 for $450,000. This particular unit ultimately sold 307 days later for $140,000. The most recent transaction was for unit 41, which was first advertised on Dec 24, 2020, sold for $150,000 on Jun 29, 2021. Fun fact, the oldest transaction we have on record took place on Feb 07, 1979. See the full transaction history for 1777 Madison Avenue below.

East Harlem, where 1777 Madison Avenue is located, has a median asking price of $940,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $270,000. For interested buyers, that means the building's median asking price is around 0.71% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $265,000. It is a 1-bedroom and 1-bathroom unit.