Lancaster Madison

Lancaster Madison is a Co-op located 1820 Madison Avenue, in East Harlem, New York. The building was first built in 2012 and is 12 years old. The lot that the building was built on is 95 feet wide and 85 feet long. The official lot area is listed as 7,909 square feet. The building itself is 95 feet wide and 85 feet long. In total, 1820 Madison Avenue has a total floor area of 37,166 square feet. Of that, 30,867 square feet are used for residential purposes. About 6,299 square feet of the building are used for commercial purposes. There are a total of 30 units. Of those, 27 are residential units. There are three commercial units. 1820 Madison Avenue has a total of 8 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! Better yet, washer and dryers are allowed in each unit. Residents who own pets will be happy to hear that the building is pet-friendly. There are 42 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 190 days Meaning, listings tend to sell at a median of $757 price per square foot. The transaction that took the longest to complete was unit 2C, listed on Sep 06, 2021 for $799,000. This particular unit ultimately sold 297 days later for $799,000. The most recent transaction was for unit 3A, sold for $375,000 on Dec 07, 2022. Fun fact, the oldest transaction we have on record took place on Mar 04, 1966. See the full transaction history for Lancaster Madison below.

East Harlem, where 1820 Madison Avenue is located, has a median asking price of $949,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $729,000. For interested buyers, that means the building's median asking price is around 0.23% 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.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.