SOLD FOR $398,000
· Sold at asking price · Closed November 8, 2024
$398,000
1787 Madison Avenue #514
MLS® #RLS10960665
Listing by Compass
1
Bedroom
1
Bath
N/A
Sq. Ft.
2003
Year Built
Sale Details
Property Summary
Description
Contract Out - This sun filled one bedroom is situated at the end of the hallway overlooking the courtyard which allows for a quiet, peaceful and serene place to call home. The open kitchen with breakfast bar includes a dishwasher, built-in microwave, generous cabinets for storage and a sizable dining area + foyer creating a great place to entertain. The sunny spacious bedroom has a large double closet and an area for a home office and the bathroom is in excellent condition as is the rest of the apartment. In addition, hardwood parquet floors, freshly painted, large south facing windows, an abundance of closets in a thoughtfully designed layout. The building features an elegant lobby with 24/7 Security Staff, live-in Superintendent, a newly renovated fitness room with 2 Peloton bikes, a landscaped courtyard with a Chef's BBQ Grill which can be rented for private events. There is a shared categorized book library, children’s play area, local volunteering and donation activities organized through the building’s members and committees. A large laundry room with oversized machines, storage and bike room available for an additional fee. Internet Providers: Verizon FIOS, Spectrum or Starry. City Bikes available on the corner of Madison Ave/118th St, a short distance to Marcus Garvey Park, Central Park, retail stores and restaurants along the corridor of 116th St., Malcolm X Blvd/Lenox Ave, Whole Foods on 125th, Costco, Aldi on E 117th, Trader Joe's coming soon. Convenient to 2,3,6 Subways, M1, M116, M102 Bus routes at 116th. Must be a primary residence, no pied-a-terre's allowed and subletting allowed 2 out of 4 years. PET friendly. 90% financing permitted. Maintenance is 32% tax-deductible and 421A abatement in effect until 2028. NOTE: Market rate Cooperative, NO income restrictions. There is a Flip tax of 1% of the gross sales if you sell after 3 years or a 3 percent flip tax if you sell before 3 years paid by the seller. Contact the exclusive broker for all showings. (Note: This property is NOT a Restricted Sale property i.e. NO income restrictions. Partial Virtual staging by Styldod.
Property Details
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Listing courtesy of Karen Shenker at Compass. 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. This 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.