Madison Park, 1831 Madison Avenue, #7L
Last Sold on Sep 18, 2007 for $425,000
This was
171.7% more
than the last listed price of $156,405
2 beds, 2 baths
320 days on Market
Currently for sale for $615,000
Pricing History
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Description
This spacious two bedroom, two bathroom Coop home features a Southern exposure overlooking 119th Street. The corner Primary bedroom has two exposures and includes a walk-in closet and an en-suite windowed, bathroom facing East. This apartment has just been refreshed with new paint and newly refinished hardwood floors throughout.
This 9 story coop building was built in 2002. The bottom 7 floors (including Apt 7L) are subject to an HDC Regulatory Agreement and the upper two floors are deregulated. The HDC income cap for Apt 7L is $333,500 per household gross.
NOTE: This is NOT an HDFC Building. The 2% Flip tax is paid by the Seller. There is a 421a tax abatement on the building that begins expiring this year. It will expire over the next 5 years until the property taxes are at 100%.
Consequently, there is a 10% Assessment on the MM in effect thru 2029. The MM is 42% tax deductible.
The Madison Park is a full service, pet friendly Coop. Amenities include a 24 hour door-staff, live-in super, laundry room, and 24-hour gym.
There is also a bike room and private storage available. Residents can enjoy the exclusive, outdoor courtyard for social gatherings and parties. The building is located across the street from Marcus Garvey Park, which offers additional fun times, such as a large dog run, basketball courts, a recreation center, an amphitheater, and an outdoor pool.
There is easy access to the 2/3 or 4/5/6 subway trains at 116th or 125th Streets and multiple bus lines including the M60 to LaGuardia airport.
This 9 story coop building was built in 2002. The bottom 7 floors (including Apt 7L) are subject to an HDC Regulatory Agreement and the upper two floors are deregulated. The HDC income cap for Apt 7L is $333,500 per household gross.
NOTE: This is NOT an HDFC Building. The 2% Flip tax is paid by the Seller. There is a 421a tax abatement on the building that begins expiring this year. It will expire over the next 5 years until the property taxes are at 100%.
Consequently, there is a 10% Assessment on the MM in effect thru 2029. The MM is 42% tax deductible.
The Madison Park is a full service, pet friendly Coop. Amenities include a 24 hour door-staff, live-in super, laundry room, and 24-hour gym.
There is also a bike room and private storage available. Residents can enjoy the exclusive, outdoor courtyard for social gatherings and parties. The building is located across the street from Marcus Garvey Park, which offers additional fun times, such as a large dog run, basketball courts, a recreation center, an amphitheater, and an outdoor pool.
There is easy access to the 2/3 or 4/5/6 subway trains at 116th or 125th Streets and multiple bus lines including the M60 to LaGuardia airport.
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About Madison Park, 1831 Madison Avenue
- Co-op
- Built in 2001
- 129 Apartments
- 9 Floors
Building Amenities
- FT Doorman
- Washer/Dryer in building
- Elevator
- Fitness Center
- Outdoor Entertainment Space
- Courtyard
- Bike Room
- Live-In Superintendent
- Terraces / Balconies
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Other Apartments Available in this Building (3)
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between Madison Avenue & Park Avenue South
Murray Hill
Own the Lifestyle Private full-floor residences • Floor-to-ceiling windows • 360-degree Manhattan views
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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.
CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.
An equal housing opportunity 
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