$1,065,000
Updated 6 years ago
Sold

Kalahari

40 West 116th Street, A-413

Harlem, Manhattan | Fifth Ave & Lenox Ave

5 Rooms2 Beds2 Baths1,147 Square FeetCondo

$1,065,000
Common Charges$933
RE Taxes$16
Price Per SF
$929

This property was sold for $1,065,000 on 08/28/20.

Listing Features

  • Abundant Closets
  • BuiltIns
  • Separate Dining Area
  • Split Bedrooms
  • Walk-in Closet
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • En Suite Bathroom
  • Soaking Tub

Outdoor space and views

  • South Exposure

Building Amenities

  • Full Service
  • Bike Storage
  • Business Center
  • Cold Storage
  • Courtyard
  • Elevator
  • Fitness Facility
  • Garage
  • Laundry Per Floor
  • Playroom
  • Roof Deck
  • Storage
  • Valet Service
  • WiFi

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 40 West 116th Street, A-413

TAX ABATEMENT in place UNTIL 2034. Current monthly taxes only $16. Southern exposed, spacious 2-bedroom, 2-bathroom condo with an ideal split layout facing the landscaped courtyard and 115th street. Move-in ready, this home features a generous living room with separate dining area, a modern kitchen with stainless steel appliances and breakfast nook. Both bedrooms are sizable with generous closet space. Amenities include 24/7 concierge, on-site garage with valet service, meeting/library room, event room, bike storage, fitness room that looks out onto the landscaped courtyard, 2 music practice rooms one with a piano, kids playroom, on-site ZIP cars and two roof decks. There are several parks throughout the area, as well as restaurants, nightlife and plenty of public transportation. Pictures are virtually staged.

Listing History for 40 West 116th Street, A-413

Now
08/28/2020
$1,065,000
Sold and Closed by Ann Morreel
Engel & Volkers
02/24/2020
Contract Signed by Ann Morreel
Engel & Volkers

Building Details for 40 West 116th Street

OwnershipCondo
Building TypeMid-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built2007
Financing Allowed90%
Floors/Apts12/249
Learn More About the Building

Transit and Citi Bike

Subway

116 St
0.11 miles
110 St-Malcolm X Plaza
0.25 miles
116 St
0.38 miles
116 St
0.45 miles
110 St
0.47 miles

Citi Bike

Lenox Ave & W 115 St
0.11 miles
Lenox Ave & W 117 St
0.11 miles

Contact Agent

Contact Agent

Ann Morreel
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: 1843738