1989 Madison Avenue Manhattan, NY $ 2,500,000
1989 Madison Avenue
$ 2,500,000
Recently Listed
Open House 4/14 5:30pm - 7pm
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1989 Madison Avenue

Manhattan, NY, 10035
$ 2,500,000
Bedrooms5 Baths4.0 Sq 4,484

Monthly Estimate*

$ 15,393

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Multi-Family Home for sale in Manhattan, NY

for $2,500,000 with 5 bedrooms and 4 full baths. This 4,484 square foot home was built in 1925.

Originally built cіrcа 1925, thiѕ metісulοusly reimagіnеd 19‐fοot‐wide two-family townhouse with 5 flex 7-bedrooms, 4-baths combines sophisticated design, income potential, and flexible living. The home will be delivered vacant, offering an end-user the flexibility to either maintain it as a two-family residence or effortlessly convert it into a single-family home by simply removing a door. The garden duplex has historically generated $6,995 per month in rental income, while the top duplex is estimated to rent for $8,000 per month, offering meaningful potential to offset carrying costs. The home was previously owned by Nina Persson—lead singer and lyricist of The Cardigans. Aptly described as having a ‘Scandinavian farmhouse’ aesthetic—and even featured on the cover of Swedish Elle Décor—the interiors showcase hand-stenciled walls, original tin ceilings, charming exposed brick, wood-burning fireplaces, soaring ceilings, and herringbone floors blending clean Scandinavian lines with warm, inviting charm. The comfort of central A/C and the convenience of washers and dryers in both units complete this carefully curated home. Current Two-Family Configuration: Unit 1 is a 2 flex 3-bedroom, 2-bath duplex featuring soaring 10'9" ceilings, a working wood-burning fireplace, a private balcony off the primary bedroom, and access to the private patio on the garden level—offering the perfect space for barbecues or intimate gatherings. The home boasts a chef’s kitchen with custom cabinetry, marble countertops, double ovens, and a full suite of stainless steel appliances. The primary bathroom features gorgeous marble finishes and double sinks, while the primary bedroom includes a massive 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 perfect for a gym or playroom. Unit 2 is a 3 flex 4-bedroom, 2-bath upper duplex that beautifully blends turn-of-the-century architecture with modern luxury. Highlights include 10-foot high original tin ceilings, original fireplaces, oversized windows framing treetop views, skylights, and gorgeous herringbone floors. The space feels like living inside a design magazine (because it was!). The open chef’s kitchen features custom cabinetry with textured wire glass doors offering unbelievable storage all the way to the ceiling, elegant marble countertops, and a Bertazzoni professional range for the most discerning chef. The current owner is a professional chef and both kitchens were defining features that immediately drew him to the home. The primary bedroom offers serene garden views and an oversized walk-in closet with custom built-ins, creating the ultimate private retreat. The oversized primary bathroom is equally impressive, featuring an inviting deep soaking tub and a vintage-style clawfoot double sink. As an owner here, you’ll enjoy convenient access to nearby Whole Foods, Trader Joe’s, and Target. Central Harlem has quietly become one of Manhattan’s most exciting dining destinations, offering everything from beloved legacy institutions to chef-driven hotspots. Iconic restaurants such as Sylvia’s and Red Rooster anchor the neighborhood with nationally recognized dining. The home is also moments from some of Harlem’s most iconic cultural landmarks, including the Apollo Theater and the newly reopened Studio Museum in Harlem. Ideally situated between the 2/3 and 4/5/6 subway lines, providing seamless access throughout Manhattan, and is also near Metro-North for easy upstate getaways.

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Open House

4/14/2026 5:30 PM - 7:00 PM
4/19/2026 12:00 PM - 2:00 PM
1989 Madison Avenue Manhattan, NY
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 2,500,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 31,764

Style

Year Built

1925

Town/City

Manhattan

County/Region

New York

MLS | Web ID

RLS20083196

List By
Jeremiah Doyle

Listing Agent

Compass

Broker

(917) 881-8863

Phone

Affordability Calculator

$18,040
Per Month
85%
15%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
$2,647
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
4/12/2026$2,500,000 Listed Price

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1989 Madison Avenue, Manhattan, NY, 10035 is a Multi-Family Home for sale at $2,500,000 with 4,484 sqft. 1989 Madison Avenue has 5 bedrooms, 4.0 baths, and was built in 1925. The property's zip code is 10035 which is in Manhattan, NY