$559,000
2 Bed • 2 Bath • 946 Sq. Ft.
1831 Madison Avenue #8I
New York, NY 10035
Listed with Douglas Elliman Real Estate
$615,000
Est. $4,037/moNew York, NY 10027 · Manhattan
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BY APPOINTMENT ONLY. Investor Opportunity in Central Harlem. Welcome to Madera Condominium, where this well-maintained one-bedroom residence offers an opportunity to acquire a tenant-occupied condominium with income already in place. The current lease runs through April 30, 2027, providing an established tenancy from day one. The residence features a bright, open living and dining area with hardwood floors, recessed lighting, and direct access to a private balcony. The open galley kitchen features ample counter space, white cabinetry, stainless-steel appliances, a dishwasher, gas cooking, and a convenient breakfast bar overlooking the living area. A well-proportioned bedroom, full bathroom, and dedicated closet space complete the functional layout. Madera Condominium offers an intimate residential setting with just two residences per floor. Elevator access is designed to open to the corresponding side of each floor, providing an added sense of privacy. The building also features a common laundry room and 24/7 virtual doorman service with app-based access, allowing residents to conveniently manage building entry directly from their phone. Located in Central Harlem, the residence is surrounded by the neighborhood’s distinctive mix of historic brownstone-lined streets, restaurants, cafés, shopping, cultural destinations, and everyday conveniences. The 125th Street 2 and 3 subway station at Lenox Avenue is approximately 0.2 miles away, providing convenient access to Midtown, Downtown, and other destinations throughout Manhattan. The surrounding neighborhood offers the energy, architecture, and character for which Harlem is known. An opportunity to add a tenant-occupied Central Harlem condominium to your investment portfolio, with an established lease already in place. Schedule your showing today.
As reported by the listing office; verify enrollment with the district.
Listed with NextHome Residential · Veronica C. Matthew · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 3:09 PM ET. ©2026 One Key MLS.
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Market Insights
Current Listings
New in the last 30 days
47
Sep 2026
Average Price
Active listings
$1,569,190
Sep 2026
Average Days on Market
Active listings
178 days
Sep 2026
Computed from 468 active OneKey MLS listings in New York, NY.
$559,000
2 Bed • 2 Bath • 946 Sq. Ft.
1831 Madison Avenue #8I
New York, NY 10035
Listed with Douglas Elliman Real Estate
$719,000
2 Bed • 1 Bath • 900 Sq. Ft.
250 Cabrini Boulevard #4A
New York, NY 10033
Listed with ISO Property Corp
$780,000
1 Bed • 1 Bath • 750 Sq. Ft.
333 Pearl #16-M
New York, NY 10038
Listed with Robert M. Grossman