$995,000
Updated 4 years ago
Off Market

Kalahari

40 West 116th Street, B-806

Harlem, Manhattan | Fifth Ave & Lenox Ave

5 Rooms2 Beds2 Baths1,022 Square FeetCondo

$995,000
Common Charges$508
RE Taxes$7
Price Per SF
$974

Listing Features

  • Dining Alcove
  • Entry Foyer
  • Hardwood Floors
  • Walk-in Closet
  • Dishwasher
  • Open Kitchen
  • En Suite Bathroom
  • Soaking Tub

Outdoor space and views

  • City 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, B-806

Stop renting! and invest in home ownership with this under $1M two bedroom home. Welcome to this wonderful south facing, two bedroom, two bath home at The Kalahari - a beautifully designed modern Condominium in the heart of Harlem. There is excellent natural light throughout the day. The open kitchen, features black granite countertops, an open breakfast bar and plenty of cabinets for storage. The spacious primary bedroom has an en suite bath, a walk-in closet, and custom built-ins which provide an abundance of storage. Bathrooms are outfitted with soaking tub, generous cabinets and vanity storage. With low common charges and Tax Abatement, The Kalahari is also a Gold LEED Certified green building that offers an on-site Resident Manager, an incredible staff, and an impressive amenity package including a no-fee fully-equipped fitness center that looks out onto the picturesque landscaped courtyard (with complimentary herb garden), laundry rooms on every floor, free WiFi throughout the common areas, filtered-air system, package room, attached garage with valet service, meeting/party room, library, bike room, 2 music practice rooms with a piano, kids playroom, security cameras, on-site Zip Cars, and 2 roof decks and solar panels. Additionally, it's a pet-friendly building. Nestled between Marcus Garvey and Central Park, it is also just moments to many major transit lines. The Kalahari sits in Harlem's dining, cultural and creative center - it is an awesome place to call home! Residence B806 qualifies for the Eagle Community Loan Program by First Republic Bank; offering a 3.25% interest rate, zero points and no prepayment penalty on a 30yr fixed mortgage. Closing cost credits up to $7,000 for qualifying applicants.

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: 1979972