$3,762,992 Trulia Estimate
1937 Madison Ave
New York, NY 10035 (East Harlem)
Off Market · Public Record
$3,762,992 Trulia Estimate

1937 Madison Ave New York, NY 10035

(East Harlem)
  • 3,877 sqft
  • 1,870 sqft lot size
  • Multi-Family
  • See the local terrain and how close this home is to parks and main streets.

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  • Take a virtual walk around the neighborhood.

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  • Highest crime relative to the rest of New York county.

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  • 27 Elementary Schools

    13 Middle Schools

    2 High Schools

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Property Details for 1937 Madison Ave


This property is no longer available to rent or buy. This description is from October 18, 2013
Renovated 4 story brownstone with completed conversion to 3 condo units. The building can be delivered vacant. Market rents are at an all time high and the building could be kept as a rental. Units can be sold individually at a later date as condo prices rise.Building dimensions: 22 x 52 feet with a 20 foot extension on the first two floorsDeveloped sellable sq ft: 6,283Location: The building is located on the corner of Marcus Garvey Park and Madison Ave. The park has 2 playgrounds for children including those with disabilities. On summer days there is an outdoor pool for the community ...and an amphitheater for concerts. The property is located within 900 ft of the Harlem Renaissance High School. The building is two blocks from the 2 and 3 express trains on Lenox Avenue and two blocks away from the 6 local and 4 and 5 express trains on Lexington Avenue. The Metro North station is one block away on East 125th and Park Avenue.There is a $1 billion in real estate being developed along 125th Street as an estimated 1 million square feet of space is being redeveloped from Morningside Heights to Park Avenue. Whole Foods, Red Lobster, a brewery, a hotel, and a new retail complex are planned.The apartments have hard wood floors, Italian kitchens, instant hot water and central heat/AC. Each unit is individually metered. Low taxes are also a big plus. ATEL53307
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1937 Madison Ave Public Records


Official property, sales, and tax information from county (public) records as of 12/2016:
    • Triplex (3 units, any combination)
    • Built In 1900
    • 1 Building
    • 3,877 sqft
    • Stories: 3 story
    • County: New York
    • Lot Size: 1,870 sqft
    • 3 Units
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Affordability

Additional Costs For 1937 Madison Ave


Property Taxes and Assessment of 1937 Madison Ave


Land
Improvement
Total
$21,444
+
$25,405
=
$46,849
Land
Improvement
Total
$953,000
+
$1,129,000
=
$2,082,000
Year Tax Assessment Market
2016 $9,161 $46,849  $2,082,000 
Source: Public Records

Price History & Trends


Price History for 1937 Madison Ave


Date Event Price Source Agents
12/31/2007 Sold view detail $10 Public records Public records  
  • Recording Date
    12/31/2007
  • Contract Date
    12/24/2007
  • Sale Price
    $10
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    Deed
09/11/2003 Sold view detail $624,000 Public records Public records  
  • Recording Date
    09/11/2003
  • Contract Date
    07/22/2003
  • Sale Price
    $624,000
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    Deed
11/23/1998 Sold view detail $10,000 Public records Public records  
  • Recording Date
    11/23/1998
  • Contract Date
    07/09/1998
  • Sale Price
    $10,000
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $312
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    Other
05/10/1996 Sold view detail $75,000 Public records Public records  
  • Recording Date
    05/10/1996
  • Contract Date
    11/01/1995
  • Sale Price
    $75,000
  • Price Type
    Sales price computed from Transfer Tax. No indication whether tax was paid on full or partial consideration.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $300
  • Transaction Type
    Non-Arm's Length Transaction
  • Document Type
    Deed

Real Estate Trends in this area

Median sale price for all homes in this area $845,500 0% below listing price

Sold Homes near 1937 Madison Ave


Address Distance Property Type Sold price Sold date Bed Bath Sqft
9216 54th Ave, Elmhurst NY 5.94 Multi-Family $950,000 08/30/17 - - 2,152
5155 48th St, Flushing NY 5.08 Multi-Family $995,000 08/22/17 - - 2,473
10018 35th Ave, Flushing NY 5.22 Multi-Family $800,000 08/24/17 - - 1,190
6132 55th Dr, Flushing NY 5.85 Multi-Family $1,050,000 08/21/17 - - 2,304
10657 Ditmars Blvd, Flushing NY 4.96 Multi-Family $916,425 08/23/17 - - 3,460
6419 Madison St, Flushing NY 7.14 Multi-Family $1,050,000 08/29/17 - - 2,528
2150 24th St, Long Island City NY 2.21 Multi-Family $1,170,000 08/23/17 - - 1,728
13637 35th Ave, Flushing NY 6.44 Multi-Family $980,000 08/21/17 - - 3,000
3557 87th St, Flushing NY 4.94 Multi-Family $988,000 09/06/17 - - 2,400
7005 57th Dr, Maspeth NY 6.00 Multi-Family $1,073,000 08/23/17 - - 2,950