SOLD FOR $649,000
· Closed October 2, 2017
$649,000
$1,082 per sq ft
18 W 129TH Street #2A
Madera Condominium
MLS® #RLS10043571
Listing by Elegran Real Estate
1
Bedroom
1
Bath
600
Sq. Ft.
N/A
Year Built
Sale Details
Property Summary
Description
Welcome home to this gem in one of the fastest growing areas in Central Harlem! Have brunch at one of the popular restaurants around the corner at Silvia's, Red Rooster, or Corner Social! Pick up groceries at the newly-opened WHOLE FOODS around the corner. Grab your cup of Stumptown coffee just down the block at Lenox Coffee on the way to the subway each morning. Currently renting for $2300, the low monthlies allow this property to yield a 3.4% cap rate for investors, and the tenant was found in 1 week! As a primary residence, you can own this property for close to the same amount as renting it after tax advantages alone. Stop renting and build equity on top of that by paying down your mortgage and riding the appreciation wave. The demand for luxury condos with low monthlies in Manhattan continue to push property values up in Central Harlem. Apartment Features: - PRIVATE ELEVATOR ENTRY via access card - Private entry foyer with large keyed STORAGE CLOSET - Hardwood Floors - Open Kitchen layout - Stainless Steel Appliances - Dishwasher - Microwave - Granite Countertops Building Features: - Virtual Doorman - Secure package room - FREE LAUNDRY available in the basement 2/3 express subway stop at 125th and Lenox to the West 4/5/6 subway at 125th and Lexington to the East
Property Details
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Listing courtesy of Daniel Chun at Elegran Real Estate. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.