Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $725,000

· Closed February 1, 2023

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Closed For Sale Co-op

$725,000

$766 per sq ft

1831 Madison Avenue #8-I

East Harlem, Manhattan

MLS® #RLS10826973

RLS at REBNY

Listing by Nest Seekers International

2

Bedrooms

2

Baths

946

Sq. Ft.

2002

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 946 sq ft
Year Built 2002
Ownership Co-op
Maintenance $1,343/mo
Neighborhood East Harlem
Floor 8 of 9

Property Highlights

  • Exposure: North,West facing
  • Outdoor Space: Terrace
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Floor 8 of 9
Exposure North,West
Cooling Wall Units
Pets Yes
Cross Street East 119th Street/East 120th Street
Year Built 2002
Living Area 946 sq ft
Block/Lot 1746/21

Description

This Coop Building is part of an exclusive program with First Republic Bank offering mortgages at 3.79% for qualified applicants.

Embrace this exquisite 2 bedroom and 2 bathroom residence featuring a 228-square foot outdoor terrace with sweeping views of Central Harlem, Madison Avenue and Marcus Garvey Park.

Facing West, the foyer opens to the living room that receives great natural light. An entrance off the far side of the living room leads to the private outdoor space where one can celebrate every season of the year. Big enough to host an intimate gathering or just luxuriate as a party of one, this area provides outdoor living options rarely available in Manhattan.

Inside the apartment is a complete oasis with a modern open kitchen highlighted by top-of-the-line stainless steel appliances, handsome stone countertops and generous kitchen cabinet storage.

Well-maintained wood floors flow throughout the apartment leading to a long hallway with a nicely-sized master bedroom which includes an en-suite bathroom. With its own walk-in closet, the master bedroom accommodates a king-sized bed and more.

The apartment offers plenty of additional storage with a large-sized closet in the second bedroom as well as a massive wall of closets in the hallway. An ample storage unit in the cellar is also available to be purchased separately.

Take advantage of the building's tax abatement, which expires in 2027. Established in 2002, Madison Park Cooperative Apartments is a well-kept residence of 129-units that boasts a good 'B' New York City energy efficient rating. The Coop offers a full-time attended front desk, live-in superintendent, gym with commercial-grade equipment from Life Fitness, rental storage units (and bike storage), resident meeting room with kitchen, and split-level outdoor garden. Subletting is allowed 2 out of 4 years. Madison Park has a tiered flip tax starting at 2% based on years of ownership. There is a monthly assessment of $134.35. The building's tax abatement expires July 2027. Steps from Whole Foods and other shopping as well as acclaimed eateries such as Red Rooster, Madison Park is in the center of it all.

Features & Amenities

Interior Features

Entrance Foyer Common Area

Exterior Features

Building Courtyard Building Garden Terrace

Building Information

Stories 9

Financial Details

Maintenance $1,343/mo
Sale Price $725,000
Previous Price $750,000

East Harlem, also known as El Barrio, is a neighborhood rich in culture, art, and history. Known for its vibrant murals and the historic La Marqueta, the area features a growing number of new residential developments alongside historic buildings. The real estate market offers some of Manhattan's most accessible price points, featuring a mix of historic walk-up cooperatives, value-driven HDFC units, and a surge of new luxury condominium developments that offer modern amenities and easy access to the Upper East Side.

East Harlem Live Market Data

View Neighborhood

Active Listings

51

Median Asking Price

$750K

Median $/Sqft

$874

Avg Days on Market

N/A

New This Week

4

Price Reduced

49%

Sold (30 Days)

2

Median Sale Price

$680K

Live data from RLS at REBNY • Updated 3/23/26, 6:08 PM EST

Similar Listings in East Harlem

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Location

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1831 Madison Avenue #8-I, East Harlem, New York County • Near East 119th Street/East 120th Street

Virtual Tour

Floor Plans

Floor Plan
MLS® ID: RLS10826973
First Listed: 10/5/2022
Price Changed: 2/15/2023
Closed: 2/1/2023
Contract Date: 10/7/2021

Listing Courtesy of Nest Seekers International - Gerald Magpily

Listing Contact: (917) 664-0657

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 10:08 PM UTC

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