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, cafes, 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.
Active
$615,000
18 W 129th St APT 3A, New York, NY 10027
1beds
590sqft
Condominium
Built in 2008
-- sqft lot
$614,800 Zestimate®
$1,042/sqft
$535/mo HOA
What's special
Well-proportioned bedroomRecessed lightingGas cookingAmple counter spaceHardwood floorsDedicated closet spaceStainless-steel appliances
- 1 day
- 17
- 2
Zillow last checked:
Listing updated:
Listed by:
NextHome Residential
Source: StreetEasy,MLS#: S1846332
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Package Room
Appliances
- Included: Dishwasher
- Laundry: Inside
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 590
- Total interior livable area: 590 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Balcony
Details
- Parcel number: 017261005
- Special conditions: Resale
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Year built: 2008
Community & HOA
Community
- Features: Doorman, Virtual Doorman
- Security: Doorman, Virtual Doorman
- Subdivision: Central Harlem
HOA
- Has HOA: Yes
- Amenities included: Laundry, Elevator(s)
- Services included: Maintenance
- HOA fee: $535 monthly
Location
- Region: New York
Financial & listing details
- Price per square foot: $1,042/sqft
- Tax assessed value: $192,400
- Annual tax amount: $9,677
- Date on market: 9/10/2026
Estimated market value
$614,800
$584,000 - $646,000
$3,271/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $615,000+26.8%$1,042/sqft |
Source: | ||
| 4/2/2022 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 3/4/2022 | Listed for rent | $2,750$5/sqft |
Source: StreetEasy Report a problem | ||
| 1/23/2015 | Sold | $485,000$822/sqft |
Source: Public Record Report a problem | ||
| 1/8/2015 | Pending sale | $485,000$822/sqft |
Source: Harlem Properties #500091 Report a problem | ||
| 1/8/2015 | Listed for sale | $485,000$822/sqft |
Source: Harlem Properties #500091 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,677 | $86,580 +4.6% |
| 2024 | $9,677 -4.1% | $82,749 -3.1% |
| 2023 | $10,094 | $85,374 +6.1% |
| 2022 | -- | $80,479 +3.7% |
| 2021 | -- | $77,606 -10.3% |
| 2020 | -- | $86,509 +6.2% |
| 2019 | $199 -98.2% | $81,473 +3.6% |
| 2018 | $10,932 -2.2% | $78,635 -17.9% |
| 2017 | $11,173 +5334.5% | $95,837 +6.5% |
| 2016 | $206 | $89,950 +6.5% |
| 2015 | $206 | $84,488 -5.7% |
| 2014 | -- | $89,559 |
Find assessor info on the county website







