$500,000
Updated 11 years ago
Sold

16 Morningside Ave, 5-N

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

5 Rooms3 Beds1 Bath1,100 Square FeetCo-op

$500,000
Maintenance$892
Price Per SF
$455

This property was sold for $560,000 on 08/10/15.

Listing Features

  • Oversized Windows
  • Adjoining Pantry
  • Dishwasher

Outdoor space and views

  • East Exposure
  • North Exposure
  • West Exposure

Building Amenities

  • Voice Intercom
  • Bike Storage
  • Elevator
  • Garden
  • Laundry Room
  • Storage

Property Description for 16 Morningside Ave, 5-N

Spacious, gracious and affordable three bedroom home directly opposite Morningside Park (named for the east-facing slope that catches the morning sun) The huge living room features three over sized windows that catch the sun and the scenic views of the landmark Morningside Park. The three northern exposed bedrooms and the windowed bathroom catch the morning sun while the quiet Master Bedroom has both north and east exposures. Both the windowed kitchen and bathroom are in excellent condition.16 Morningside Avenue is a prewar elevator HDFC coop renovated in 2004. Rare opportunity for qualified buyers to own a spacious, gracious and affordable home on Morningside Park. Must be primary residence. Maximum household income allowed 120% of NY (AMI) area median income. Flip Tax 30% of profit. 2015 Maximum HPD income restrictions are based on household size subject to occupancy criteria are: 1) $72,150; 2) $82,500; 3) $92,775; 4) $103,050; 5) $111,300; 6) $119,500. Showings to pre screened HDFC coop qualified buyers.

Building Details for 16 Morningside Ave

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1902
Floors/Apts6/12
Learn More About the Building

Transit and Citi Bike

Subway

116 St
0.16 miles
Cathedral Pkwy (110 St)
0.31 miles
116 St-Columbia University
0.37 miles
Cathedral Pkwy (110 St)
0.47 miles
116 St
0.48 miles

Citi Bike

Frederick Douglass Blvd & W 115 St
0.14 miles
Frederick Douglass Blvd & W 117 St
0.17 miles

Contact Agent

Contact Agent

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: 1319925