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New York (South Harlem), NY, 10035 | $495,000
Welcome to 1901 Madison Avenue, Unit 316, a beautifully designed coop in the heart of East Harlem. This two-bedroom, one-bath home offers a blend of comfort and style, perfect for urban enthusiasts. This home has new Cali Bamboo sustainable wood flooring with noise-reducing thermal layers and a 1/2 plywood base for added noise insulation and stability. Enjoy bright spaces with oversized windows, rich textures, and industrial-chic touches like exposed brick and ceiling lights made with repurposed pipes.
The renovated kitchen features high-end, brand-name appliances, a deep dish sink, and Silestone Bohemian Flame countertops, plus a water filter system from Apec, an ultimate 5-stage reverse osmosis water system for ultra-pure drinking. The open layout includes a dining area and a comfortable balcony with a retractable screen door, offering fresh air and direct views of the historic Marcus Garvey Park.
The home also boasts plenty of storage space, with renovated closets featuring new sliding doors, and a stylishly renovated bathroom with industrial flair and additional storage cabinets, plus a large storage cage in the cellar.
The building's post-war charm is complemented by modern amenities, including a full-time doorman, elevator access, and secure parking. Located near public transportation, parks, and dining options, this home is ideal for those seeking a dynamic East Harlem lifestyle.
Shopping is a breeze; the building is a short walk from Gap, Banana Republic, Mac, Victoria's Secret, Marshalls, Nike store, and food shopping at Whole Foods, Trader Joe's, and much more.
Right across from Marcus Garvey Park, which offers a plethora of activities with its basketball courts, seasonal swimming pool, playgrounds, and an amphitheater. Whether you're enjoying a refreshing day outdoors or attending a concert at the park, there's always something happening.
The building's pet policy does not allow dogs.
There are income restrictions, and for 2024: Households of 1 to 2 people - $186, 360 (120% AMI); Households of 3+ people - $217, 420 (140% AMI). Akam manages the property well and has a manager's office in the property.
Features
- Town: New York
- Levels: 6
- Rooms: 5
- Bedrooms: 2
- Baths: 1 full
- Laundry: Building In Basement
- Complex: Maple Court Coop
- Year Built: 1994
- Common Charge: $1,539 Monthly
- View: City Lights,City,Park/Greenbelt
- Pet Policy: Building Yes,No
- MLS#: RLS20021343
- Days on Market: 2 days
- Website: https://www.raveis.com
/prop/RLS20021343/1901madisonavenue_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Corcoran Group Phone: (212) 355-3550
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888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
New York (South Harlem), NY, 10035
$495,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $396,000 | $396,000 | $396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,471 | $2,601 | $3,315 |
| Total Monthly Payment | $2,546 | $2,676 | $3,390 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535