It’s a new year! Could it also be time for new housing? If you want to take advantage of the lower prices in Manhattan right now, our Deal of the Week is right up your alley. This South Harlem 2BR, 1919 Madison Ave. # 410, has space, style and storage, and it’s in a building full of amenities. There is even a private outdoor space in the form of a sweet balcony. Read on to find out why we love this deal.
The Price: $ 512,000
The average asking price for a home in Central Harlem is $ 996,500, according to the StreetEasy Data Dashboard. That puts our Deal of the Week at almost half the average price for the neighborhood.
Buyers who have submitted the 20% minimum down payment of $ 102,400 can expect monthly payments of $ 2,922. This includes a mortgage payment of $ 1,803 and a down payment of $ 1,119.
Why You Will Love It …
First both cameras in this South Harlem 2BR are read. They are located at opposite ends of the living room for privacy, and they each have a large double glazed window and a large closet. But most importantly, they are both spacious, able to fit a queen bed. It’s not one real bedroom and one awkwardly cut out space, like so many 2-bedroom apartments in Manhattan.
In addition the ends of this unit are amazing. Not only are the hard floors great, but look at that ceiling of the living room! There is more than enough space for an edible set, in addition to the marble-topped breakfast bar. The kitchen also contains one of New York’s most coveted apartments: a dishwasher. And the deluxe bathroom has a whirlpool tub and custom tile.
If you want some time out, our Deal of the Week is beautifully located right across the street from lively Marcus Garvey Park. But you also have your own private balcony, which is big enough for some patio furniture. And the building also offers a landscaped courtyard, in addition to amenities such as a gym, laundry facilities, parking and a full-time doorman.
… And Why You Can’t
There appear to be revenue restrictions on this South Harlem 2BR, based on the listing description, although it is not entirely clear. Be sure to ask! While the front of the building faces Marcus Garvey Park, this particular unit faces north, meaning no park views. Additionally the kitchen is a bit dated, with a clumsy mix of stainless steel and white appliances. But overall, unbelievably, what a deal.
Take a look at the list at 1919 Madison Ave. number 410, and contact StreetEasy Expert for the list for more details. (StreetEasy Experts are agents with proven experience in a particular building or area.)