1831 Madison Ave #3F

Co-op in East Harlem
In Contract
 for Sale at 1831 Madison Avenue, New York, NY 10035

10

 for Sale at 1831 Madison Avenue, New York, NY 10035
 for Sale at 1831 Madison Avenue, New York, NY 10035
 for Sale at 1831 Madison Avenue, New York, NY 10035
$600,000
2
Beds
2
Baths
Half Bath
Ft²
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
4.32%
Est. Monthly
$3,685
Oversized East Harlem 2BR, 2BA co-op in great condition with renovated bathrooms!

Please note there is a $284,250 income limit for the building.

From the oversized living room to abundant closet space, this home has it all! Each room has western facing windows that flood the apartment with light and provide views of Marcus Garvey Park right across the street. Each room also has through the wall A/C units.

The spacious kitchen features new appliances - GE oven and microwave, Bosch dishwasher and Whirlpool refrigerator.

1831 Madison is a full service building with a 24 hour doorman, live-in super, gym, laundry room, courtyard and storage. Its also conveniently located minutes away...

LISTING AGENT


Building Features

Facilities

Bike RoomFitness CenterStorage AvailableLaundry Room

Outdoor Space

GardenCourtyard

Services

Doorman

Pet Policy

Dogs Allowed / Cats Allowed

Community Features

Facilities

Health ClubAccess to Park

Services

Garbage Collection

Price History

Date/EventEventPrice
Mar 4, 2023 In contractIn contract-
Jan 5, 2023 Listed by YoreevoListed by Yoreevo$600,000
May 15, 2022 No longer availableNo longer available-
May 11, 2022 Price DecreasedPrice Decreased$665,000 $10K (1.5%)
Apr 7, 2022 Price DecreasedPrice Decreased$675,000 $20K (2.9%)
Feb 18, 2022 Price IncreasedPrice Increased$695,000 $30K (4.5%)
Dec 12, 2021 RelistedRelisted$665,000
Dec 11, 2021 No longer availableNo longer available-
Oct 6, 2021 Price DecreasedPrice Decreased$715,000 $9,500 (1.3%)
Sep 16, 2021 Price DecreasedPrice Decreased$724,500 $10,500 (1.4%)
Jul 12, 2021 Price DecreasedPrice Decreased$735,000 $10K (1.3%)
Jun 1, 2021 Listed by Halstead Property, LLCListed by Halstead Property, LLC$745,000
Dec 6, 2013 SoldSold$394,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$34,800
ExpensesPer Year
$8,868
Operating ProfitPer Year
$25,932
Cap rate
4.32%

Price Estimate

$707,000$606,000$505,000
20232024202520262027
Current Asking Price

$600,000

HopScore Market Price

$606,000

The current asking price is $6,000 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Coop
2
2
-
$580,000
$723/mo
Sold
Coop
2
2
-
$580,000
$796/mo
Sold
Coop
2
2
855 ft²
$778/ft²
$665,000
$810/mo
Sold
Coop
2
2
-
$630,000
$719.99/mo
Sold
Coop
2
2
830 ft²
$735/ft²
$610,000
$810/mo

Payment Calculator


Building Info

Madison Park1831 Madison Avenue, New York, NY 10035
  • 129 Units
  • 2 Units for Sale
More about this Building
1831 Madison Avenue
Want to find out who owns 1831 Madison Avenue, New York, NY 10035? Get detailed property transactions here .

Neighborhood

About East Harlem

Stats & Trends

The median asking price in East Harlem is $1,198,000.
  • Median Asking

    $1,198,000
  • Sale Price/ft²

    $1,291.67
  • Above Asking

    0.33%
  • Days on Market

    127

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
2
2
946
$725,000
-/mo
Mar 13, 2023
Active
-
-
-
-
2
2
-
$585,000
-/mo
Mar 11, 2023
In Contract
-
-
-
-
-
3
2
-
$825,000
-/mo
Mar 7, 2023
Active
-
-
-
-
2
2
-
$600,000
-/mo
Jan 5, 2023
In Contract
-
-
-
-
-
2
2
-
$615,000
-/mo
Jul 7, 2022
Expired
-
-
-
-
-
3
2
1,060
$849,000
-/mo
Jun 2, 2022
Withdrawn
-
-
-
-
-
2
2
-
$800,000
-/mo
Apr 7, 2022
Withdrawn
-
-
-
-
-
2
2
855
$690,000
$810/mo
Mar 24, 2022
Sold
Jul 19, 2022
117 days
$665,000
-3.62%
3
2
1,060
$849,500
$874/mo
Mar 19, 2022
Sold
Jul 25, 2022
128 days
$839,500
-1.18%
2
2
-
$915,000
-/mo
Mar 2, 2022
Expired
-
-
-
-
-

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Unit #3F, 1831 Madison Avenue, New York, NY 10035


Frequently Asked Questions

What is the median home price in Upper Manhattan?
The median home price in Upper Manhattan is $1,599,000, or $1,481/sqft. When you buy a home in Upper Manhattan, you can expect to pay between $775,000 to $3,650,000. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Upper Manhattan?
The median home price for a studio in Upper Manhattan is $507,500, or $1,047/sqft.
What is the median home price for a One-Bedroom in Upper Manhattan?
The median home price for a one-bedroom home in Upper Manhattan is $749,000, or $1,135/sqft.
What is the median home price for a Two-Bedroom in Upper Manhattan?
The median home price for a two-bedroom home in Upper Manhattan is $1,550,000, or $1,407/sqft.
What is the median home price for a Three-Bedroom in Upper Manhattan?
The median home price for a three-bedroom home in Upper Manhattan is $2,995,000, or $1,806/sqft.
What is the median home price for a Four+ Bedroom in Upper Manhattan?
The median home price for a four+ bedroom home in Upper Manhattan is $6,750,000, or $2,003/sqft.
What is the breakdown of listings by bedroom count in Upper Manhattan?
There are currently 3,269 available properties for sale in Upper Manhattan. Of those, 8.08% are studio listings, 23.89% are one-bedroom listings, 29.46% are two-bedroom listings, 18.69% are three-bedroom listings, and 19.88% are four+ bedroom listings.
What is the breakdown of listings by property type in Upper Manhattan?
There are currently 1,273 condos, 8 houses, 201 townhouses, and 28 multifamilies located in Upper Manhattan. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Upper Manhattan?
The least expensive property sold in Upper Manhattan for $25,000.
Now, what is the most expensive property sold in the past 12 months in Upper Manhattan?
The most expensive property sold in Upper Manhattan for $70,000,000.
How long on average are properties in Upper Manhattan on the market?
Based on our collected data, properties in Upper Manhattan are on the market for a median time of 127 days.

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