$649,999
Updated 4 years ago
Off Market

Kalahari

40 West 116th Street, A-501

Harlem, Manhattan | Fifth Ave & Lenox Ave

3 Rooms1 Bed1 Bath750 Square FeetCondo

$649,999
Common Charges$390
RE Taxes$6
Price Per SF
$867

Listing Features

  • Entry Foyer
  • Oversized Windows
  • Dishwasher
  • Microwave
  • Open Kitchen

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-501

An opportunity to own a one bedroom condo unit, in a full - service building for the price of renting. This South facing, oversized one-bedroom features a wonderful entry foyer spacious enough to place a large storage bench or multiple shelving. The large living/dining room area can accommodate an 8 seat dining room table, along with a full sofa, chairs, and a work from home desk, placed in its very own nook. Oversized windows, with lots of natural light perfectly complement the space. The sizable hallway to the primary bedroom, features two extra-wide closets to store all of your Costco needs, the primary bedroom can also accomodate a king-size bed and features a wall of closets. The entire apartment has recently been updated with red oak hardwood floors and wide baseboards. The open kitchen with breakfast bar has black granite counters, dishwasher, and a built-in microwave. You can’t beat the VERY LOW monthly common charges of $369 + a 25-yr Tax Abatement through 2034 @ $6 per month. The Kalahari condo is a full service luxury 24 hour Concierge Gold LEED Certified building that offers an amazing on-site Resident Manager, friendly helpful Staff and fantastic amenities including a complimentary fully equipped fitness center which looks out onto the landscaped courtyard, 2 roof decks, kids playroom, 2 music rooms one with a piano, party room, library/work spacea and laundry rooms on each floor, Fiber Optic smart network (FIOS), free WiFi throughout the complex, package room, cold storage, attached garage with valet parking & on-site Zip Cars. Pet friendly too! Conveniently located just a few blocks from Central Park, Mt Morris Park & Morningside Park, the 2,3,4,5,6,B & C subways, buses, great restaurants, cafes, whole foods and soon to open National Urban League head quaters which will house Trader Joe's, Target and The Civil Rights Museum . THIS MUST BE A PRIMARY RESIDENCE AND SUBLEASING IS ALLOWED AFTER 6 MONTHS OF OCCUPANCY EVERY 2 OUT OF 5 YEARS

Listing History for 40 West 116th Street, A-501

Now
04/25/2022
TOM by Dianne Howard
Compass
03/08/2022
$649,999 [-$15,001] [2.3%]
Price Drop by Dianne Howard
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 Agents

Contact Agents

Vie Wilson
Compass

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: 1955181