$1,470,000
Updated 5 years ago
Sold
2050 Madison Ave
East Harlem, Manhattan | East 129th Street & East 130th Street
11 Rooms5 Beds4 Baths3,520 Square FeetMulti-Family
$1,470,000
floors / apts4 / 3
Lot Size16'x75'
Built Size16'x55'
ZoneR7-2
Building TypeTownhouse
RE Taxes$7,518
Price Per SF
$418
This property was sold for $1,470,000 on 05/21/21.
Outdoor space and views
- Backyard
- Patio
Property Description for 2050 Madison Ave
High-stoop, detailed brownstone, with coveted curb appeal, shakes up the Central Harlem house market with price tag that calls condos to mind, instead of spacious, 4-story, 3-family, lovingly renovated townhouses. With leafy trees embellishing the well-maintained facade & front garden, plus your own, quiet backyard oasis, purchasers of this 11-room home might opt to keep the lower duplex as their own 3-BR space--while drawing income from the modern, 1 BR floor-thru apartments now found on the 3rd & 4th floors of 2050 Madison Avenue. The new owner of this brownstone might use funds left over from this "below-market price tag" to transform this 1920's-built property into a one-family stunner, yielding 4 expansive floors to live graciously well on. The current duplex offers a flowing eat-in-kit, with granite counters & breakfast bar, tons of oak cabinetry, full-size appliances & designer lighting. The front parlor living room has high ceilings & 2 windows looking out on this lovely Madison Avenue block. Sunlight reflects nicely off the hardwood floors here, as well as in the rear bedroom (that some might use instead as a formal dining room). Shower in bath is set off by glass brick, ceramic tiling, marble floor & attractive vanity sink. The garden level of this duplex provides 2 roomy bedrooms, with big, tiled bath in middle, including spa tub & laundry area as well. Rear garden is fenced in for privacy & has both masonry grilling, patio area along with your secret garden for exercising your green-thumb skills. Cellar @ 2050 Madison is clean, concrete floored, & claims terrific ceiling height. Great mechanicals, gas heat, separate hot water heater, 220 electricity. The two upper-floor apartments here have kits with tiled backsplashes & workable layouts + fine appliances for the urban chef. Bright, cheery vibes fill these rental units' commodious front living areas, & bedrooms are at the rear of this brownstone. No-lease 4th-floor apartment is a tad larger than the one below. Indeed, this townhouse still has another 1,404 square feet of air rights that might be built on by the wise purchaser here. 3rd floor, month-to-month tenancy, now supplying a market rent of $1995. Duplex is currently vacant: its market rent could bring in about $4700-$5000 a month. A wee-bit of TLC will make this townhouse shine. Snatch "2050" up before other thrifty-minded buyers in NYC beat you to the finish. Trains, buses, & Citibikes are at your beck & call here. Gourmet, greengrocer, supermarket, & boutique shopping to be found everywhere; health & fitness services abound; plenty of green space to explore; & restaurants like Red Rooster, Corner Social, & Harlem Tavern are mainstays for outdoor/indoor dining & takeout/delivery.
Listing History for 2050 Madison Ave
Now
05/25/2021
$1,470,000
Sold and Closed by Geraldine Griffin
Brown Harris Stevens Residential Sales LLC
03/23/2021
Contract Signed by Geraldine Griffin
Brown Harris Stevens Residential Sales LLC
Building Details for 2050 Madison Ave
OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts4/3
Transit and Citi Bike
Subway
125 St
0.33 miles
125 St
0.36 miles
135 St
0.39 miles
Railroad
Harlem-125 StMetro-North Railroad
0.25 miles
Citi Bike
E 128 St & Madison Ave
0.09 miles
5 Ave & W 131 St
0.11 miles
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: 80003TH
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