$3,450,000
Updated 8 years ago
Off Market

2040 Madison Ave

East Harlem, Manhattan | East 129th Street & East 130th Street

10 Rooms5 Beds5 Baths3,240 Square FeetMulti-Family

$3,450,000
floors / apts4 / 2
Lot Size16'5"x75'
Built Size16'5"x50'
ZoneR7-2
Building TypeTownhouse
RE Taxes$2,874
Price Per SF
$1,065

Listing Features

  • Spiral Staircase

Outdoor space and views

  • Backyard
  • Balcony
  • Deck
  • Terrace

Building Amenities

  • Voice Intercom
  • Garden
  • Laundry Room
  • Roof Deck
  • Second Entry
  • Stoop Entry

Property Description for 2040 Madison Ave

Live in style with a highly desirable Madison Avenue address, in this fully renovated, 5-story, 3240 square foot townhouse - featuring an owner's tri-plex PLUS a separate one-bedroom duplex garden apartment, well-suited for rental income, or use as an additional owner's residence, an incredible work/office space, or as a spectacular (and fully legal) Airbnb unit.

And... all this comes with an exceptionally low yearly real estate tax - approximately $2,874 per year!

The owner's tri-plex offers 4 bedrooms (or 3, plus a sitting room/library/office), plus 3 luxurious full bathrooms and a parlor floor powder room. Each lifestyle and "Architectural Digest"-worthy-detail has been carefully considered and implemented, modernizing this 19th century townhouse into a 21st century classic.

Entertain in grand style, welcoming guests into the loft-like parlor floor, featuring a high-ceilinged living room and elegant dining area, as well as a spacious eat-in kitchen with oversized island, stainless steel, high-end appliances, gleaming quartz countertop, a convenient and well-appointed powder room, and a windowed rear wall and glass doorway. Additional entertaining possibilities are available, with convenient access from the kitchen to the large outdoor deck. A adjacent spiral staircase leads down to a private garden, with unlimited options for "botanical pursuits", grilling, or simply lounging in your own secret garden.

Up from the parlor floor, a modernized traditional stairway ascends to the luxurious, full-floor master suite, complimented by an en-suite spa-like bathroom, featuring double sinks, an oversized-soaking tub, a separate glass shower with overhead rainfall fixture and multiple body sprays, and a generous, walk-in closet. An "ultimate retreat", this master suite features a sun-bright sitting room/office/bedroom, with an iconic (and landmarked) Harlem church directly across the street - its translucent, multi-colored stained-glass windows, directly opposite 2040 Madison Avenue, offering unparalleled privacy and exquisite vistas from this room.

The top floor, sun-drenched courtesy of a large, centrally-located skylight, consists of two large bedrooms, each with its own well-appointed, en-suite bathroom; and a laundry room. In addition, thanks to unused air-rights which will transfer with the sale - this top floor presents endless opportunities for creating a wonderful penthouse addition, or, more simply, a rooftop garden and terrace - only one flight up!

The two lower levels of this townhouse comprise a separately accessed, self-contained, garden-level duplex apartment, with a garden view from the bedroom, an EIK with island, stainless steel appliances, and a lower-level bar and recreation/ entertainment area. This fully finished lower level adds an additional 810 square feet of highly useable space.

2040 Madison Avenue, renovated to a high standard of excellence, with central heating and cooling, individually zoned for each of its four residential levels, is conveniently located a short walk away from the Metro North, 2,3,4,5 &6 subways, not to mention private parking structures - allowing easy access to "the rest of Manhattan", upstate, Connecticut, and the world! Multiple shopping and dining options are, similarly, a brief stroll away, including Whole Foods, Red Rooster, Chez Lucienne & Sylvia's, with Shake Shack, soon to come - not to mention neighborhood parks/playgrounds, the Harlem Rose Garden, and the entire rapidly evolving 125th Street corridor, a world-class arts, cultural, and entertainment destination.

Come and enjoy this incredibly diverse, historically rich, highly energized, constantly evolving - and easily accessible - community of Harlem from your venerable, yet contemporary; stylish, yet incredibly livable; high-end, yet reasonably-priced, Madison Avenue townhouse!

Listing History for 2040 Madison Ave

Now
01/03/2019
POM by Douglas Booth
Brown Harris Stevens Residential Sales LLC
2019

Building Details for 2040 Madison Ave

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts4/2
Learn More About the Building

Transit and Citi Bike

Subway

125 St
0.32 miles
125 St
0.35 miles
135 St
0.4 miles

Railroad

Harlem-125 StMetro-North Railroad
0.24 miles

Citi Bike

E 128 St & Madison Ave
0.07 miles
5 Ave & W 131 St
0.12 miles

Contact Agent

Contact Agent

Douglas Booth
Brown Harris Stevens

East Harlem | Manhattan

Quick Profile

Take a stroll through East Harlem and you’ll find a vibrant, culturally diverse neighborhood, which is evident no matter which direction you look. East Harlem is also known as Spanish Harlem, El Barrio, and “The Neighborhood,” as it is home to a population that represents Hispanic immigrants, primarily from Puerto Rico, as well as from Mexico, Cuba, and the Dominican Republic. These immigrants brought their cultures with them, in the form of music, dance, art, and food. During the day, you’ll find the neighborhood filled with opportunities to experience Latin culture. Both the salsa dance craze and the graffiti style of art were born right in East Harlem. There are many great places to sample authentic cuisine, from Rao’s (where you cannot get a table unless you inherit one, and any reservations must be booked years in advance) to sidewalk carts, where you can get the best “street meat” to be had in NYC.

In East Harlem you’ll find a number of innovative educational opportunities in the form of specialized and charter schools that are considered top-notch. Many of these have very competitive admissions criteria and offer curricula that focus on creativity and social awareness. Such schools are a draw for young families that want to raise their children in an educational system that goes above and beyond the standard.

The vibe of East Harlem is one of community and neighbors that interact with each other routinely. There are many small, family-owned and -operated businesses and restaurants that have been neighborhood anchors for years. As you stroll through East Harlem, you will be immersed in sights, sounds and flavors that are straight from Latin American or the Caribbean islands, sometimes both at once. You can sample Puerto Rican-inspired plantain mofongo, which is mashed plantains with garlic and pork rinds, from local sidewalk carts. Or if it is a hot summer’s day, you might enjoy a Mexican-inspired licuado, which is a blended drink similar to a smoothie, made with milk, fruit, and ice. Sometimes, spices, citrus juices, and sugar are added. Although you will find an abundance of authentic cuisine and music no matter where you look in East Harlem.

Prefer to cook at home? East River Plaza offers Target, Costco, and Aldi stores, all of which offer fresh food at reasonable prices.

East Harlem housing consists of more affordable walk-ups, low-rise pre-war buildings, brownstones, and is dominated housing complexes. You can find some comparatively large apartments at reasonable price points, and even some rent-stabilized apartments. Luxury co-op and condo units are being built on the southern boundary of East Harlem. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 56368TH