$475,000
Updated 12 years ago
Sold

The Lantern

111 West 113th Street, 2-A

Harlem, Manhattan | Lenox Ave & Saint Nicholas Ave

3 Rooms1 Bed1 BathCondo

$475,000
Common Charges$315
RE Taxes$4

This property was sold for $495,000 on 10/31/14.

Listing Features

  • Hardwood Floors
  • High Ceilings
  • Casement Windows
  • Dishwasher
  • Open Kitchen
  • S Steel Appliances

Building Amenities

  • Virtual Doorman
  • Elevator
  • Laundry Room
  • Roof Deck

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 111 West 113th Street, 2-A

Calling all cash buyers! Mint condition CONDO with extremely low monthly charges and 3 blocks to Central Park 110th Street. Nearby express transportation makes getting downtown a breeze. Now is your opportunity to invest in a newly constructed, affordable CONDO in Manhattan's hottest emerging area. With construction completed in 2011, the property boasts central A/C, hardwood floors, quality finishes, and yields a 5% cap rate. Building amenities include a virtual doorman, Wi-Fi Roofdeck with gas grill and view of Central Park. With 23 YEARS remaining on the TAX ABATEMENT and low common charges, this a fabulous investment or primary residence. With a new generation of students, professionals and new businesses flocking to the area, Northern Manhattan has become an especially attractive place, with its mix of culture, history and affordability. Book your private showing today!

Building Details for 111 West 113th Street

OwnershipCondo
Building TypeLow-Rise
Service LevelVirtual Doorman
AgePost-War
AccessElevator
Year Built2010
Financing Allowed90%
Floors/Apts6/12
Learn More About the Building

Transit and Citi Bike

Subway

110 St-Malcolm X Plaza
0.11 miles
116 St
0.15 miles
Cathedral Pkwy (110 St)
0.33 miles
116 St
0.35 miles

Citi Bike

Lenox Ave & W 115 St
0.1 miles
Lenox Ave & W 111 St
0.13 miles

Contact Agent

Contact Agent

Alexis Rascio
Douglas Elliman

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: 907671