$1,999,000 $2,150,000
Updated 2 years ago
Off Market

2004 Madison Ave

East Harlem, Manhattan | East 127th Street & East 128th Street

16 Rooms9 Beds6.5 Baths3,600 Square FeetMulti-Family

$1,999,000 $2,150,000
floors / apts6 / 4
Lot Size20'x60'
ZoneR7A
Building TypeTownhouse
RE Taxes$12,672
Price Per SF
$555

Building Amenities

  • Voice Intercom
  • Laundry Room
  • Roof Deck

Property Description for 2004 Madison Ave

2004 Madison Avenue is an exceptional opportunity for investors seeking a turn-key 4-family townhouse in the heart of Central Harlem. This 3,600 sq. ft. multifamily walk-up boasts four spacious units and approximately 20 feet of frontage on a charming, quiet residential block. Positioned near the 2 and 3 subway lines at West 125th Street and Lenox Avenue, along with several bus routes, this property offers convenient access to all that Manhattan's most dynamic and rapidly growing neighborhood has to offer. The building spans six stories and includes a variety of unit configurations. The garden level features a duplex unit with access to the cellar, while the parlor floor hosts a two-bedroom, one-bath floor-through. Two additional three-bedroom, two-bath duplexes offer ample living space, with shared access to the garden for all tenants and a private roof deck for the top-floor duplex. Each unit benefits from its own newly installed gas boiler, ensuring modern efficiency and convenience. The property will be delivered with one vacant duplex unit and three rent-paying tenants in place. 2004 Madison Avenue is just steps away from Harlem's vibrant Restaurant Row and the bustling shopping and entertainment options along 125th Street. The building is also conveniently located near transportation options, including the 2/3 and B/C subway lines, the M2, M7, and M101 bus lines, and Metro North. For outdoor recreation, residents can enjoy proximity to both Mount Morris Park and Morningside Park. This property will be delivered with all necessary paperwork and free-market tenants in place. Showings are by appointment only. Please call or email today to schedule your viewing.

Listing History for 2004 Madison Ave

Now
10/25/2024
$1,999,000 [-$151,000] [7%]
Price Drop by Pedro Felix
Compass
09/10/2024
$2,150,000
Initial Price by Pedro Felix
Compass

Building Details for 2004 Madison Ave

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts6/4
Learn More About the Building

Transit and Citi Bike

Subway

125 St
0.25 miles
125 St
0.31 miles
135 St
0.48 miles

Railroad

Harlem-125 StMetro-North Railroad
0.16 miles

Citi Bike

E 128 St & Madison Ave
0.03 miles
5 Ave & W 126 St
0.11 miles

Contact Agents

Contact Agents

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: 97409TH