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    1989 Madison Ave New York, NY 10035

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    For Sale
    $2,500,000

    Sophisticated design, income potential, and flexible living in Harlem.

    Type:Multi Family
    Added:
    Apr 13, 2026
    Days on Market:
    24
    Last Refresh:
    Apr 13 at 6:07 am

    Property Features for 1989 Madison Ave

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1980

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    Listing Contact
    Joshua M Doyle

    Listing agent Joshua M Doyle

    Listing office

    Listing date Apr 13, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Joshua M Doyle


    Overview

    Meticulously Reimagined Two-Family Townhouse

    This meticulously reimagined 19-foot-wide two-family townhouse offers sophisticated design, income potential, and flexible living. Delivered vacant, the home allows for use as a two-family residence or conversion to a single-family home. Historically, the garden duplex generated $6,995 per month in rental income, and the top duplex is estimated to rent for $8,000 per month. The interiors showcase hand-stenciled walls, original tin ceilings, exposed brick, wood-burning fireplaces, soaring ceilings, and herringbone floors. Central A/C and washers and dryers are included in both units. Unit 1 is a 2 flex 3-bedroom, 2-bath duplex with 10'9" ceilings, a working wood-burning fireplace, a private balcony off the primary bedroom, and access to the private patio. The kitchen features custom cabinetry, marble countertops, double ovens, and stainless steel appliances. The primary bathroom has marble finishes and double sinks, and the primary bedroom includes a walk-in closet with custom built-ins. This unit also provides access to the basement, which includes three storage units, a washer and dryer, and an open area. Unit 2 is a 3 flex 4-bedroom, 2-bath upper duplex with 10-foot high original tin ceilings, original fireplaces, oversized windows, skylights, and herringbone floors. The open kitchen features custom cabinetry with textured wire glass doors, marble countertops, and a Bertazzoni professional range. The primary bedroom offers garden views and an oversized walk-in closet with custom built-ins. The primary bathroom features a deep soaking tub and a vintage-style clawfoot double sink. The location provides convenient access to nearby Whole Foods, Trader Joe’s, and Target. The property is situated near the 2/3 and 4/5/6 subway lines and Metro-North.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.939564
    Latitude
    40.806778

    FAQs

    What type of property is this?
    Duplex - Sophisticated design, income potential, and flexible living in Harlem.
    Where is this duplex located?
    The property is located at 1989 Madison Ave New York, NY.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Flexible Living: Easily converts from a two‑family townhouse to a single‑family residence.; Income Potential: Historically high rental income from both units ($6,995 and $8,000 per month) to offset costs.; Designer Interiors: Showcased in Swedish Elle Décor, featuring a 'Scandinavian farmhouse' aesthetic with hand‑stenciled walls, original tin ceilings, exposed brick, and herringbone floors.
    More about this property
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