2040 Madison Ave, New York, NY 10035
FOR SALEOPEN SAT, 11-1PM

2040 Madison Ave
New York, NY 10035

Harlem
  • 4 Beds
  • 5 Baths
  • 3,240 sqft
  • 4 Beds
  • 5 Baths
  • 3,240 sqft

$2,399,999

Original price: $2,449,000
Est. Mortgage $14,393/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

PRICE REDUCTION!!!!
Renovated 2021
16.42' Wide
2-Family
Offered for sale is this c. 1899 16.42' wide brownstone that was recently gut renovated. Located in the heart of historic Central Harlem on Madison Avenue between East 129th and 130th Streets.
The building will be delivered vacant with the final C.O (Certificate of Occupancy) and presents a customizable turnkey opportunity for the discerning end-user or investor. With a blank canvas buyers have endless possibilities to reflect their own unique style and preferences.
Spanning a generous 3,240 interior square feet, the building contains an OWNERS TRIPLEX featuring 3 bedrooms plus den and 3.5 bathrooms with a separate GARDEN APARTMENT, with one-bedroom and one full bathroom.
Garden level apartment features an eat-in kitchen and living area including one bathroom and one bedroom. The garden apartment also includes access to the outdoor garden and a finished cellar, including a recreational room and play room that has enough space to be converted into an office or gym.
The garden level apartment currently configured as a one bedroom apartment could easily connect with the owners triplex to create a single family townhouse.
The owners triplex rises three stories and includes the Parlor, Third and Fourth floors.
Parlor floor features high ceilings, sun-drenched windows, an elegant sitting living room, flow through dining area with enough seating to entertain alongside the open air kitchen and guest powder room. Additionally, there is access to an outdoor deck providing outdoor living space for grilling, relaxing and gardening.
Third floor includes a massive full-floor primary suite with a customizable walk-in closet, marble bath, glass shower, free standing tub and an adjoining library, study or additional bedroom.
Fourth floor expands into two (2) bedrooms, each with their own full bathroom, along with the washer & dryer located in the hallway.
Steps away from Whole Foods, numerous restaurants, parks, and boutique shopping. Transportation is located nearby with the 2,3,A, B,C and Metro North trains.
REO/ BANK OWNED.

Open House

Saturday, April 27
11:00 AM to 1:00 PM
Sunday, April 28
12:00 PM to 2:00 PM

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Cooling only
HOA
None
Price/Sqft
$741
Listed
86 days ago
Listing by: DeRuscio Commercial LLC, (518) 852-3762

Home Details for 2040 Madison Ave

Days on Market

Days on Market: 86 Days on Trulia

Property Information

Year Built
Year Built: 1899
Property Type / Style
Property Type: Multi Family

Interior Features

Appliances & Utilities
DishwasherDryerWasher
Heating & Cooling
Air ConditioningCooling System: Central Air

Exterior Features

Exterior Home Features
Garden

Price & Status

Price
Price Per Sqft: $741

Community

Units in Building: 2

Price History for 2040 Madison Ave

DatePriceEventSource
04/15/2024$2,399,999PriceChange
StreetEasy
03/18/2024$2,449,000PriceChange
StreetEasy
03/13/2024$2,499,999PriceChange
StreetEasy
03/07/2024$2,650,000PriceChange
StreetEasy
02/01/2024$2,800,000Listed For SaleStreetEasy
12/10/2023$2,500,000ListingRemovedStreetEasy
07/24/2023$2,500,000PriceChange
StreetEasy
05/13/2023$2,750,000PriceChange
StreetEasy
03/25/2023$2,950,000Listed For SaleStreetEasy
12/15/2022ListingRemovedpreREO
07/21/2020$3,395,000ListingRemovedAgent Provided
06/05/2020$3,395,000Listed For SaleAgent Provided
10/04/2019$3,395,000ListingRemovedAgent Provided
04/30/2019$3,395,000Listed For SaleAgent Provided
01/03/2019$3,450,000ListingRemovedAgent Provided
09/21/2018$3,450,000PriceChange
Agent Provided
09/14/2018$3,475,000Listed For SaleAgent Provided
04/10/2017$1,550,000Sold
N/A
10/11/2016$1,900,000ListingRemovedAgent Provided
04/27/2016$1,900,000Listed For SaleAgent Provided
09/23/2015$1,525,000Sold
N/A
07/11/2015$1,595,000PendingAgent Provided
07/11/2015$1,595,000PriceChange
Agent Provided
07/03/2015$1,625,000PendingAgent Provided
05/30/2015$1,625,000Listed For SaleAgent Provided
03/19/2012$489,255Sold
N/A
02/17/2011$847,644Sold
N/A

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Property Taxes and Assessment

Year2023
Tax
Assessment$2,095,000
Home facts updated by county records

Comparable Sales for 2040 Madison Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.46
Multi-Family Home
$1,950,000
03/12/24
4
5
3,544
0.61
Multi-Family Home
$1,720,000
09/18/23
4
4
2,481
0.48
Multi-Family Home
$2,525,650
02/09/24
5
5
4,330
0.54
Multi-Family Home
$2,025,000
10/17/23
5
7
3,600
0.37
Multi-Family Home
$2,685,000
11/03/23
7
8
4,800
0.72
Multi-Family Home
$1,900,000
04/02/24
7
5
2,835
0.61
Multi-Family Home
$2,400,000
01/30/24
5
7
4,230
0.57
Multi-Family Home
$1,150,000
05/11/23
7
4
5,200

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Harlem

  • Walterhudginsjr
    "Great it’s really nice and warm and sunny here today and the weather has been good for a long while I think I’m gonna take it easy today I’m gonna take the dogs for walks and go out "
    2
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  • Mhdold
    "I lived in 10039 for 10 years. Lack of amenities. Too many delis. More healthy food options would be great."
    2
    Flag
  • Luna Jefferson
    "Drug use is the main issue. Other than that Harlem is Harlem. Do your research before moving into historic neighborhoods. "
    1
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  • Mhdold
    "Easy commute. Still feels authentic NYC. Something for everyone. Too many fast food choices. That’s the drawback. Still need more healthy options"
    2
    Flag
  • Trulia User
    "harlem is different . its a family community kids are always in the park playing basketball or just doing tjey outside thing . the store are very well kept and "
    1
    Flag
  • Trulia User
    "NYPD makes the holidays feel somewhat safe.. other than that you’re own your own when you step out of your apartment."
    1
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  • Trulia User
    "It just is. Good scenery good people good food walkable distance ti different places close to parks and a schools "
    2
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  • Trulia User
    " I like this area they is a good neighbor I really want to move there again because his is a safe place"
    0
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  • Trulia User
    "I’ve been here for over 25 years, and it’s very nice. I’m just irritated by all the new incoming people with dogs. they never pick up after their animals and they assume everyone likes them."
    2
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  • Trulia User
    "The commute is slow due to traffic. Finding parking is impossible. the spots are tight, and you need bumper bullies. Otherwise, your bumpers will get scratched up. "
    1
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  • Trulia User
    "Not really sure about the community events I’ve been her for about 3 months. But everything is super close and very convenient."
    1
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  • Trulia User
    "We are close to multiple trains and buses. The parks are new and well maintained. The crime seems to be down and there’s a big police presents. "
    0
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  • Trulia User
    "Neighbors look out for each other and keep each other informed of block activity. Great sense of community. "
    2
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  • Trulia User
    "The is currently gentrify, and as a result, many of the newcomers look skeptical Lee at the prior residence, causing a level of distrust on both sides."
    0
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  • Trulia User
    "Access to central park, more residential, lots of restaurants and bars, and more space for your money "
    0
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  • Trulia User
    "My neighborhood has great access to public transportation. My commute downtown is 20-40min depending on location. "
    0
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  • Trulia User
    "Nice place to live, work, and play. It’s probably the most exciting neighborhood I’ve ever lived in. I wouldn’t trade it in for the world."
    2
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  • Trulia User
    "Jazz in the park is one of my favorite events . The neighborhood is full of festivals, fairs, concerts, outdoor activities, and more."
    0
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  • Trulia User
    "Great to get around the city. It’s a quick commute to any part of New York City área. That’s anywhere in Harlem, east or west."
    0
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  • Trulia User
    "Many families with young children in the area, lots of community gardens and small green spaces. Community feel."
    0
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  • Trulia User
    "I use to live in this neighborhood, they have many stores for every need. Easy assessable Transportation near by"
    8
    Flag
  • Trulia User
    "there is not a lot of green spaces, like parks, for dogs to walk or play in. mostly sidewalk and roads."
    0
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  • Trulia User
    "It’s has fun vibrant Dominican culture. There is also great access to public transportation that takes you downtown "
    5
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  • Trulia User
    "this is a good place to live and the area have recreation park.river I like the this locations have the supermarket ,the store community park cruz the street .thankyou "
    0
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  • Trulia User
    "The upper west side is pretty peaceful and depending on the street it is easier to find parking. Also great place to live with families. "
    0
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  • Trulia User
    "The streets and sidewalks are too dirty. It seems like no one cleans it up and garbage everywhere. The amount of people littering is insane."
    0
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  • Trulia User
    "It’s just different from other places and seems peaceful. Easily accessible and quiet . That’s what makes it appealing."
    4
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  • Trulia User
    "Every summer there’s always something joyful, intertwining, and sightseeing events to attend. For those that like to be by the waterfront; there’s space for that also, you want to sun bath you can go out by the water with your chairs and sunbathing."
    0
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  • Trulia User
    "I don’t really know about events, but what I will say is that there are many restaurants and bars and stores here. "
    0
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  • Trulia User
    "Wholefoods market close by, several buses and subway, Starbucks coffee, Harlem Shake, playground, swimming pool"
    0
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  • Trulia User
    "Children friendly; Central Park is a Blessing with greenery, animals, concerts, playgrounds & meeting new people. "
    0
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  • Trulia User
    "The community has a hospital community due to the heavy hospital presence but there’s also a big Hispanic community "
    0
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  • Trulia User
    "Very diverse and accessible. One of the last neighborhoods in Manhattan that’s reasonably affordable. "
    0
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  • Trulia User
    "There is a lot spaces in the park for you to walk the dog and a dog park above the duck pond. But you definitely have to watch your step. "
    0
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  • Trulia User
    "People don’t pick up after their dogs. The sidewalks are not clean and are often filled with garbage "
    0
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  • Trulia User
    "A lot of people outside of apartment building, just hanging out. Close to transportation, buses run on schedule. Apartments very expensive "
    1
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  • Trulia User
    "Dog friendly neighborhood, clean parks, clean benches, nice walks, coffee places, dog runs, friendly people "
    0
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  • Mctahc
    "dogs are walked on leash. there is a dog run at Marcus Garvey park. Heart of Harlem veterinary is nearby. "
    5
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  • FW
    "Like the neighborhood. Friendly. Lots of dogs. Great vet and usually owners pick up after their dogs. "
    3
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  • Sharlone J.
    "The dog owners are welcome in the neighborhood what I don’t like is when the owner don’t clean up after they dogs I would like for them to clean up after there dogs "
    0
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LGBTQ Local Legal Protections

Joseph A. DeRuscio - Licensed Real Estate Broker, DeRuscio Commercial LLC
2040 Madison Ave, New York, NY 10035 is a 4 bedroom, 5 bathroom, 3,240 sqft multi-family built in 1899. 2040 Madison Ave is located in Harlem, New York. This property is currently available for sale and was listed by StreetEasy on Feb 1, 2024.