3 months on rocket

1825 Madison Ave Unit 9H, New York City, NY, 10035

$625,000

Home List Price

$7,422*

Closing Credit

2 Bedrooms
2 Full Baths
Condo
Schools Nearby

Location

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1825 Madison Ave Unit 9H, New York$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built2004
MLS #PRCH-7805491
StatusActive

About 1825 Madison Ave Unit 9H

Immaculate Top Floor Harlem Penthouse with Two Balconies! Enjoy glorious sunsets from the western exposures in every room. Bask in the sunlight from the loft-like living room, which features North, West and South exposures. The primary bedroom has its own private balcony with bathroom en suite. This 2 bedroom, 2 bath is subject to a maximum household income restriction of $353,000. 90% financing is allowed and there is no flip tax. A 421-A tax abatement is in place until 2026, when a 5-year phase out will begin. Upon completion of the phaseout, according to management, the building is eligible to apply for a condo/co-op abatement. Madison Plaza, located on the corner of Madison Avenue and 118th Streets, is a full service 24-HR doorman, pet-friendly building and is loaded with amenities including a gym (no additional charge), courtyard, recreation and bicycle storage.

Property Details

Property Features

Property Information:

  • Year Built: 2004

Listing Office:

  • Office Name: Engel & Volkers New York Real Estate LLC
  • Office Phone: (212) 616-7600
  • Listing Agent: Mable Ivory
  • Agent Phone: (212) 616-7600

Interior Features

Interior Information:

  • Interior: Elevator

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Building Courtyard, Building Garden, Courtyard, Garden

Lot Features

Lot Information:

  • Lot: Garden

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000

HOA Fees:

  • Amount: $2083
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

1825 Madison Ave Unit 9H vs New York

106 DAYS ON ROCKET

+10 Days

$625,000

-$224.1K Less

KEY TAKEAWAY

This property is $224.1K less than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #PRCH-7805491

Listing Office:

  • Office Name: Engel & Volkers New York Real Estate LLC
  • Office Phone: (212) 616-7600
  • Listing Agent: Mable Ivory
  • Agent Phone: (212) 616-7600

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/4/2024, 9:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,270

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6186392
3
/10
  • Mosaic Preparatory Academy

  • 141 E 111th St

  • 0.37 miles

  • Public District Grades PK-5

school-card-donut-6186393
4
/10
  • Harlem Link Charter School

  • 20 W 112th St # 357

  • 0.38 miles

  • Public Charter Grades KG-5

school-card-donut-6186394
2
/10
  • PS 185 The Early Childhood Discovery and Design Magnet School

  • 20 W 112th St

  • 0.38 miles

  • Public Magnet Grades PK-2

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,848. The most common annual income of people living in New York, NY is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1825 Madison Ave Unit 9H

What is the listing price of this property?

The listing price of 1825 Madison Ave Unit 9H property is $625,000.

What type of property is this?

The property 1825 Madison Ave Unit 9H is a condo located in New York City, New York, 10035.

Is this property for sale now?

Active Listing: 1825 Madison Ave Unit 9H is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1825 Madison Ave Unit 9H has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 1825 Madison Ave Unit 9H is 2004.

Rocket HomesNew YorkNew York100351825 Madison Ave Unit 9H

This home is located at 1825 Madison Ave Unit 9H in New York City, NY and zip code 10035 in the East Harlem neighborhood. This home was built in 2004. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 19, 2024 and is currently priced at $625,000.

New York, NY housing market in April 2024 saw over 168 listings sold above listed price, more than 758 sold at listed price and over 748 sold below. Between March 2024 and April 2024, New York, NY real estate market has seen increase in the number of listings by 3.8%. Listings spent 96 days on the market in April 2024, and had a median list price of $849,191 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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