$830,000
Updated 9 years ago
Sold

1400 Fifth Ave, 5-I

Harlem, Manhattan | West 115th Street & West 116th Street

4 Rooms2 Beds2 Baths1,046 Square FeetCondo

$830,000
Common Charges$728
RE Taxes$18
Price Per SF
$793

This property was sold for $857,000 on 06/29/17.

Listing Features

  • Corner Apartment
  • Dressing Area
  • Oversized Windows
  • Dishwasher
  • Galley
  • Marble Bathroom

Outdoor space and views

  • South Exposure

Building Amenities

  • Full Service
  • Bike Storage
  • Business Center
  • Courtyard
  • Elevator
  • Laundry Per Floor
  • Outdoor Parking
  • Storage
  • WiFi

Policies

  • Pets Allowed

Property Description for 1400 Fifth Ave, 5-I

This apartment has an income restriction. Flip tax 3% paid by purchaser. 421-A Tax abatement until 2029. FIRST SHOWINGS ON APRIL 1ST.

This luxury building in prime Harlem location has a full time doorman and terrific live-in superintendent. This Eco-friendly green-initiative building is pet-friendly and has lush private building gardens for residents only. Parking space available for purchase separately.

Building amenities include on-site parking, laundry, dry-cleaning with valet service and NY Sports Club on the lobby level. Super low real estate taxes, thanks to a 25 year tax abatement. Some apartments are fair market others have income restrictions. Superb Harlem location nestled between Central Park, Morningside Park and Marcus Garvey Park. Close to the 2,3,6, B and C trains, many buses and Metro North. Nearby great restaurants include Harlem Tavern, Gran Piatto DOro, Raos, Red Rooster and Ricardos Steak House.

Building Details for 1400 Fifth Ave

OwnershipCondo
Building TypeLow-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built2004
Financing Allowed90%
Floors/Apts8/128
Learn More About the Building

Transit and Citi Bike

Subway

116 St
0.19 miles
110 St-Malcolm X Plaza
0.26 miles
116 St
0.3 miles
110 St
0.38 miles

Citi Bike

E 115 St & Madison Ave
0.14 miles
E 118 St & Madison Ave
0.17 miles

Contact Agents

Contact Agents

Howard Morrel
Engel & Volkers
Leslie Hirsch
Engel & Volkers

Harlem | Manhattan

Quick Profile

The neighborhood called West Harlem by the locals is known as Manhattanville to neighborhood newcomers. The area is culturally diverse and might be considered a microcosm of the city as a whole. 

Columbia University has recently expanded into the area, which is attracting student residents from all over the world. Together with students from the City College of New York and young professionals fleeing higher prices in other neighborhoods, this influx of younger residents has brought with it more restaurants and bars on W 125th Street to serve this clientele. There are also new ventures, like a rock-climbing gym, to cater to the interests of these students and young professionals. At the same time, there are many small, family-owned shops and restaurants that have been anchors of the neighborhood for multiple generations.

The area has been through a housing upgrade, as older properties have been renovated and abandoned properties have been razed to make room for new development. There are still reasonably priced apartments available. Young professionals are finding that there is a certain cachet to living in West Harlem. It provides a convenient commute to the city and all of its amenities, while providing a sense of escape at the end of a long work day.

While rentals are popular with the student population, the young professionals are delighted to find pre-war brownstones, pre-war co-ops (including some income-capped HDFCs for lower- and middle-income buyers), and post-war condos that they can afford, although prices are rising. Some new low-rise developments, sporting virtual doormen and desired amenities, are cropping up.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1637729