$799,000
Updated 4 years ago
Sold

Kalahari

40 West 116th Street, A-516

Harlem, Manhattan | Fifth Ave & Lenox Ave

4 Rooms2 Beds1 Bath830 Square FeetCondo

$799,000
Common Charges$450
RE Taxes$7
Price Per SF
$963

This property was sold for $810,500 on 05/09/22.

Listing Features

  • Custom Closets
  • Split Bedrooms
  • Walk-in Closet
  • Wall of Windows
  • Dishwasher
  • New Appliances

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-516

This generously sized one-bedroom apartment has ample space to create a separate home office or second bedroom, or leave as is to have an expansive living and dining area with space to work from home. The open design of the kitchen and living room is ideal whether entertaining or enjoying a quiet evening at home. Abundant light flows through the south-facing wall-to-wall windows. The apartment has been upgraded with brand new appliances, custom closets, vanity, lighting, and fixtures. This unit boasts central heat and a/c and a walk-in closet in the bedroom. It is conveniently located adjacent to the laundry room and around the corner from the elevators. Enjoy modern amenities galore at the Kalahari: 24/7 concierge, live-in resident manager, state of the art fitness center, children’s playroom, community room, library, bike storage, on-site garage, package room, cold storage, laundry on every floor, sound-proof music rooms, roof decks and landscaped courtyards. Low common charges, a tax abatement that runs through 2034, and minimal energy costs at this Gold LEED Certified green building keeps monthly costs low. After 6 months of residing in the unit, subleasing is allowed for two out of every five years (this restriction is lifted after 2034). The condo is centrally located within walking distance to the 2, 3, 6, B, and C trains, making getting around the city a breeze. Marcus Garvey Park, Central Park, Whole Foods, Harlem’s vibrant restaurant scene, and the shopping and cultural hub of 125th street are nearby.

Listing History for 40 West 116th Street, A-516

Now
05/09/2022
$810,500
Sold and Closed by Kim Martin-Shah
Compass
03/28/2022
Contract Signed by Kim Martin-Shah
Compass

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

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: 1973596