Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
2044 Madison Avenue
Interested in this property?
Active For Sale Multi Family

$2,175,000

$665 per sq ft

2044 Madison Avenue

Central Harlem, Manhattan

MLS® #RLS20078771

RLS at REBNY

Listing by Compass

5

Bedrooms

4

Baths

3,269

Sq. Ft.

1926

Year Built

Quick Summary

Bedrooms 5
Bathrooms 4
Living Area 3,269 sq ft
Year Built 1926
Ownership None
Property Taxes $5,916/yr
Neighborhood Central Harlem
Floor 1 of 3

Property Highlights

  • Exposure: East,West facing
  • Character: Pre-war building (1926)

Property Details

Type Multi Family
Ownership None
Total Rooms 11
Baths 4 Full
Floor 1 of 3
Exposure East,West
Pets Yes
Year Built 1926
Living Area 3,269 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Basement Full
Parcel # 1754-0117
Block/Lot 01754/0117

Listing History

Event Date Price Change
Listed Mar 23, 2026 $2,175,000 -
Currently May 5, 2026 $2,175,000 -

Description

Exceptional Investment Opportunity in Central Harlem- All units are free market and Can be delivered vacant! Located in the culturally vibrant heart of Central Harlem, this beautifully maintained legal three-family townhouse offers a rare opportunity for both investors and end-users seeking an owner’s duplex with income-producing units above. Positioned on Madison Avenue between 129th and 130th Streets, this classic brownstone is currently configured as four one-bedroom residences, maximizing flexibility and strong income potential. This home truly stands out for its meticulous upkeep and extensive recent updates. The current owner has invested significantly in improvements throughout the property, ensuring it is in excellent, move-in-ready condition. From upgraded appliances and modernized bathrooms to refreshed living spaces and common areas, every unit reflects a high level of care and attention to detail. The garden level features a private entrance and offers exceptional versatility. It can remain as a standalone one-bedroom apartment or be seamlessly combined with the parlor level to create a spacious two- or three-bedroom owner’s duplex with direct access to the backyard and basement. The private garden has also been recently renovated, providing a serene, beautifully landscaped outdoor retreat—an uncommon luxury in the city. The upper floors each feature well-appointed one-bedroom apartments, ideal for generating consistent rental income or accommodating additional living space. These units have been tastefully updated with modern finishes and amenities, offering comfortable, turnkey living for today’s renters. Convenience is unmatched, with easy access to multiple subway lines (2, 3, 4, 5, and 6) and bus routes (M101, M102, M103), making commuting throughout Manhattan effortless. Residents also enjoy proximity to East River Plaza, home to popular retailers such as Costco, Target, Aldi, and Whole Foods, as well as nearby Trader Joe's. The neighborhood is also celebrated for its dynamic dining scene, including iconic destinations like Red Rooster Harlem. Blending historic charm with thoughtful modern upgrades, this turnkey property is a standout opportunity in one of Manhattan’s most dynamic neighborhoods. Whether you're looking to invest or create a customized living space, this townhouse offers exceptional potential. All three units are free market and there is easy potential to to get the rent cap to 6%.

Features & Amenities

Interior Features

High Ceilings Walk In Closets In Unit See Remarks Flooring: Hardwood

Exterior Features

Private Outdoor Space Over60 Sqft Private Yard

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 3
Structure MultiFamily

Financial Details

RE Taxes $5,916/yr ($493/mo)

Central Harlem is the cultural and historic soul of Upper Manhattan. Known for its grand boulevards like Adam Clayton Powell Jr. Blvd and its rich jazz heritage, the neighborhood offers an active urban lifestyle. The real estate market is a mix of beautifully preserved 19th-century brownstones, value-driven HDFC cooperatives, and a surge of modern luxury condominiums that offer contemporary amenities near the 125th Street retail corridor.

Central Harlem Live Market Data

View Neighborhood

Active Listings

111

Median Asking Price

$850K

Median $/Sqft

$758

Avg Days on Market

N/A

New This Week

10

Price Reduced

36%

Sold (30 Days)

11

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 5/4/26, 11:05 PM EST

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Location

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2044 Madison Avenue, Central Harlem, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1926
Year Built
100 years old
3
Floors
3
Residential Units
R7A
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $128,820
Land Value: $24,420
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,225 SF
Building Area: 3,268 SF
Built FAR: 2.67
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $5,916, or roughly $493 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 4 full bathrooms.

The listed interior living area is 3,269 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1926, making it approximately 100 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $2,175,000 for 3,269 sq ft, the asking price per square foot is approximately $665. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20078771
First Listed: 3/23/2026
On Market: 3/23/2026
Price Changed: 3/23/2026
Contract Date: 3/1/2026

Listing Courtesy of Compass - Brian Bruno

Listing Contact: (330) 904-5936

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 5/5/2026 at 3:05 AM UTC

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