1831 Madison Avenue #8-I

This Coop Building is part of an exclusive program with First Republic Bank offering mortgages at 3.79% for qualified applicants. Embrace this exquisite 2 bedroom and 2 bathroom residence featuring a 228-square foot outdoor terrace with sweeping views of Central Harlem, Madison Avenue and Marcus Garvey Park. Facing West, the foyer opens to the living room that receives great natural light. An entrance off the far side of the living room leads to the private outdoor space where one can celebrate every season of the year. Big enough to host an intimate gathering or just luxuriate as a party of one, this area provides outdoor living options rarely available in Manhattan. Inside the apartment is a complete oasis with a modern open kitchen highlighted by top-of-the-line stainless steel appliances, handsome stone countertops and generous kitchen cabinet storage. Well-maintained wood floors flow throughout the apartment leading to a long hallway with a nicely-sized master bedroom which includes an en-suite bathroom. With its own walk-in closet, the master bedroom accommodates a king-sized bed and more. The apartment offers plenty of additional storage with a large-sized closet in the second bedroom as well as a massive wall of closets in the hallway. An ample storage unit in the cellar is also available to be purchased separately. Take advantage of the building's tax abatement, which expires in 2027. Established in 2002, Madison Park Cooperative Apartments is a well-kept residence of 129-units that boasts a good 'B' New York City energy efficient rating. The Coop offers a full-time attended front desk, live-in superintendent, gym with commercial-grade equipment from Life Fitness, rental storage units (and bike storage), resident meeting room with kitchen, and split-level outdoor garden. Subletting is allowed 2 out of 4 years. Madison Park has a tiered flip tax starting at 2% based on years of ownership. There is a monthly assessment of $134.35. The building's tax abatement expires July 2027. Steps from Whole Foods and other shopping as well as acclaimed eateries such as Red Rooster, Madison Park is in the center of it all.