1989 Madison Ave, New York, NY 10035

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.