2040 Madison Avenue, New York (East Harlem), NY, 10035 | $2,250,000

All opens houses are by appointment only, please contact us to schedule a viewing prior to showing up to the property. Discover the perfect blend of classic charm and modern luxury in this beautifully gut-renovated brownstone, originally built in 1899. Situated on Madison Avenue between East 129th and 130th Streets, this magnificent property offers a rare opportunity to own a piece of Harlem's rich history while enjoying all the comforts of contemporary living. Located in the vibrant and historic Central Harlem, this brownstone provides the best of city living. Just steps away from Whole Foods, Trader Joe's, Target, and a myriad of restaurants, parks, and boutique shops, you'll have everything you need right at your doorstep. Plus, with nearby access to the 2, 3, A, B, C, 4, 5, 6, and Metro North trains, commuting throughout the city is effortless.

This property is delivered vacant and comes with the final Certificate of Occupancy (C. O. ), offering a unique, customizable turnkey opportunity. Whether you're looking to create your dream home or seeking a prime property, the possibilities here are endless. With a blank canvas at your disposal, you can truly make this home reflect your personal style and preferences. The owner's triplex spans three stories, including the Parlor, Third, and Fourth floors, offering expansive and luxurious living space. The Parlor floor boasts high ceilings, sun-drenched windows, and an elegant living room that flows seamlessly into the dining area-perfect for entertaining. The open-air kitchen is both stylish and functional, and there's a convenient guest powder room on this level. Step out onto the outdoor deck, where you can enjoy grilling, relaxing, or gardening in your private oasis.

The entire third floor is dedicated to the massive primary suite, complete with a customizable walk-in closet, a stunning marble bathroom featuring a glass shower, a free-standing tub, and an adjoining space that could serve as a library, study, or additional bedroom. Natural light floods this floor, creating a serene and inviting atmosphere. The fourth floor expands into two spacious bedrooms, each with its own full bathroom. A washer and dryer are conveniently located in the hallway, adding to the home's functionality.

The property also includes a separate garden-level apartment with one bedroom and one full bathroom, offering flexibility and additional living space. The eat-in kitchen and living area are perfect for guests, tenants, or extended family. This apartment also includes access to the outdoor garden, as well as a finished cellar that features a recreational room and playroom, which could easily be converted into an office or gym. For those who prefer even more space, the garden apartment can be easily connected to the owner's triplex, creating a sprawling single-family townhouse.

Don't miss out on the chance to own this exquisite brownstone in one of Manhattan's most desirable neighborhoods. Schedule a private showing today and start imagining the endless possibilities that await you in this exceptional home.

Features

  • Town: New York
  • Amenities: Garden; Laundry Room; Roof Deck;
  • Rooms: 8
  • Bedrooms: 5
  • Baths: 5 full
  • Laundry: Other
  • Year Built: 1899
  • Cooling: Unknown Type
  • Terrace : Yes
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • Built Size: 16'5"x50'
  • OLR#: RPLU1032523176251
  • Days on Market: 70 days
  • Website: https://www.raveis.com
    /prop/RPLU1032523176251/2040madisonavenue_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 Serhant LLC

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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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Our Insurance Division:

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2040 Madison Avenue, New York (East Harlem), NY, 10035

$2,250,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,800,000 $1,800,000 $1,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.396% 5.990%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,220 $11,083 $14,947
Total Monthly Payment $10,345 $11,208 $15,072

* 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.