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The Savoy West
555 Lenox Ave, 1-D
Harlem, Manhattan | West 138th Street & West 139th Street
3.5 Rooms1 Bed1.5 Baths1,331 Square FeetCondo
$599,000
$599,000
Updated 4 years ago
Sold

The Savoy West

555 Lenox Ave, 1-D

Harlem, Manhattan | West 138th Street & West 139th Street

3.5 Rooms1 Bed1.5 Baths1,331 Square FeetCondo

$599,000
Common Charges$999
RE Taxes$86
Price Per SF
$450

This property was sold for $510,000 on 03/31/22.

Listing Features

  • Abundant Closets
  • Crown Moldings
  • Duplex
  • Entry Foyer
  • High Ceilings [11']
  • Library / Den
  • Original Details
  • Separate Dining Area
  • Washer / Dryer
  • Wet Bar
  • New Windows
  • Oversized Windows
  • Dishwasher
  • Horseshoe Kitchen
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Pedestal Sink
  • Powder Room
  • Soaking Tub

Outdoor space and views

  • Patio [18'x15']
  • North Exposure
  • West Exposure

Building Amenities

  • Part-Time Doorman
  • Bike Storage
  • Elevator
  • Fitness Facility
  • Laundry Room
  • Resident Lounge
  • Roof Deck
  • Screening Room
  • Storage
  • Wheelchair Access

Policies

  • Pets Allowed

Property Description for 555 Lenox Ave, 1-D

All showings including open houses by appointment must be scheduled in advance. Inquire within to confirm your appointment.

Welcome to Residence 1D at The Savoy West Condominium, the value opportunity you are seeking in Upper Manhattan. This incredible, loft-like duplex home measures 1,331 square feet interior with a 247 square foot private outdoor patio with the "wow" factor. The main level boasts soaring 11 foot ceilings, a comfortable living space with modern dark hardwood floors, large bedroom with a perfect home office nook, full bathroom and western exposures for sun-flooded afternoons. The proportionally large kitchen is finished with marble countertops and stainless steel appliances.

The sprawling lower level provides the versatility to suit your needs as an amazing recreation room for entertaining indoor/outdoor, an oversized sleeping area, home office or allow your imagination to run wild. You'll also find your powder room conveniently located on the lower level in addition to the wet bar with sink and storage, washer/dryer and large closet. Step outside from the lower level and enjoy the private patio, the perfect place to unwind in your private green oasis with room to accommodate a dining table and large seating area. Bring your umbrella for sunny afternoons.

The Savoy West is a prewar elevator condominium that was converted and fully renovated in 2007. Amenities include a fully furnished roof deck with spectacular downtown views, fitness center, community meeting/recreation room, central laundry room and bike storage. A storage unit transfers with the sale. This vibrant neighborhood offers an array of cultural institutions including Striver's Row of historic homes, the Studio Museum of Harlem, City College and its beautiful campus and architecture and the Hamilton Grange National Memorial. There are several parks and green spaces nearby, such as the Harlem River Walk along Harlem River Park, St. Nicholas Park, Jackie Robinson Park and the St. Nicholas dog run on 137th Street. Convenient location is a quick distance to the 2/3, B and C trains, Harlem Hospital and some of Harlem's most iconic restaurants including Sylvia's and Marcus Samuelsson's Red Rooster. Pets, pied-a-terres, LLCs, Trusts and investors welcome. J-51 tax abatement in place (Consult your CPA).

The Sellers are offering $983 per month common charge rebate at closing applied to first four years maintenance. Displayed common charges reflect net common charges. Gross common charges are $1,982. All measurements and square footages are approximate and all information should be confirmed by customer.

Listing History for 555 Lenox Ave, 1-D

Now
03/31/2022
$510,000
Sold and Closed by Clifford Marks
Brown Harris Stevens Residential Sales LLC
02/10/2022
Contract Signed by Rory S. Clark
Brown Harris Stevens Residential Sales LLC
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Building Details for 555 Lenox Ave

OwnershipCondo
Building TypeLow-Rise
Service LevelPart-Time Doorman
AgePre-War
AccessElevator
Year Built1910
Financing Allowed90%
Floors/Apts5/32
Learn More About the Building

Transit and Citi Bike

Subway

135 St
0.16 miles
145 St
0.33 miles
135 St
0.44 miles

Citi Bike

Lenox Ave & W 140 St
0.08 miles
Adam Clayton Powell Blvd & W 138 St
0.15 miles

Contact Agents

Contact Agents

Clifford Marks
Brown Harris Stevens
Rory Clark
Brown Harris Stevens

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.

More

Featured on the Linecity Blog

The MEDIAN

Manhattan | August 2023

According to New York City records, the median price for an apartment in Manhattan for the month of August 2023 was $1,150,000.  The price represents a minimal decrease of .02% from the median price of $1,175,000 recorded in August 2022.  The number of apartment sales, however, fell from 1,546 to 1,204 reflecting a year-over-year decreas...

posted on December 8, 2023
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: 849564
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