1787 Madison Avenue, #507, New York (East Harlem), NY, 10035 | $800,000

Big & Beautiful! 3-bedroom/2-bathroom co-op located in prime happening Harlem. This rare find offers approximately 1, 200 sq ft of interior space with an adorable balcony off the living area; perfect for herbs/plants, a morning coffee or entertaining. Each bedroom/home-office comes with high performance, through-wall, air-conditioning and comfortably fits a queen or king-sized bed. Great closet space throughout; configured with the Elfa System, making it super simple to customize. Perfect for a work-from-home set-up and flexible to meet one's changing needs over time.

The thoughtfully designed, sleek & modern kitchen is beautifully equipped with custom, soft-close cabinetry, glass tiles and stainless-steel appliances. Plenty of counter and storage space, so every kitchen gadget or cookware, can have its place. It's a dream kitchen for anyone obsessed with being organized and tidy as they cook OR it's a dream kitchen for anyone who likes to get lost in cooking and clean up afterwards. There's plenty of space in either case!

The over-sized primary bedroom is suitable for a king-sized bed and comes with a walk-in closet and en-suite bathroom. Recessed mirrored medicine cabinet provides substantial bathroom storage and the banjo countertop offers more space, for easy to grab, day-to-day essentials. The same holds true for the secondary bath as well.

Fios, Spectrum and Starry all available.

One of Harlem's finest buildings, 1787 Madison Ave. boasts a 24-hour doorman, live-in super, sparkling laundry, bike room, storage, fitness center with Peloton bikes and an enormous, landscaped courtyard with outdoor gas barbecues. The newly renovated courtyard can be rented for private events. Community is important at 1787 Madison, with a shared book library, community garden, children's play area, and local volunteering and donation activities organized through the building's members and committees. Tax-abatement through 2029.

Located just five blocks from Central Park and surrounded by Harlem's best cafes and shops. Marcus Garvey Park is also just moments away; perfect for summer concerts at the amphitheater and / or a relaxing respite. Whole Foods nearby and Trader Joes!

Super close to major subway lines (2, 3, 4, 5, and 6) to get downtown and the Metro North for getting out of town! Pet friendly. 90% financing permitted with approved lenders offering special programs / rates for first time home buyers.

This truly is a special place to call home.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 9
  • Amenities: Bike Room; Courtyard; Fitness Room; Laundry Room; Lounge; Private Storage;
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Complex: Madison Court
  • Year Built: 2002
  • Pet Policy: No Pets
  • Balcony: Yes
  • Building Access : Elevator
  • Service Level: Concierge
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU771023121539
  • Days on Market: 21 days
  • Website: https://www.raveis.com
    /prop/RPLU771023121539/1787madisonavenue_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 Poljan Properties

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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1787 Madison Avenue, #507, New York (East Harlem), NY, 10035

$800,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $640,000 $640,000 $640,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 5.990% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.470% 6.161% 5.248%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,889 $3,833 $5,058
Total Monthly Payment $3,981 $3,925 $5,150

* 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.