The primary bedroom features an en-suite bath with a stall shower and custom glazed porcelain tile, while the second bathroom includes a full bathtub. Additional highlights include an exterior-vented washer/dryer and generous closet space throughout.
Located in the heart of vibrant Harlem, The Aurum is a contemporary, environmentally conscious condominium offering upscale amenities: a 24-hour attended lobby, bike storage, top-floor fitness center, residents lounge with media room, landscaped courtyard, and a furnished roof deck with grilling stations and seating. The attached garage provides added convenience.
Close to major transportation options (2, 3, B & C trains), you can reach Midtown in under 30 minutes. Enjoy nearby favorites such as St. Nicholas Park, Whole Foods, Renaissance Harlem, Sylvia's, Red Rooster, Corner Social, Harlem Shake, and Sottocasa Pizzeria.
A major added bonus: this home benefits from a 25-year 421-A Tax Abatement in place until 2043, offering exceptional long-term savings and making it an outstanding value-especially for investors.
NOTE: The apartment is currently rented until March 1st, 2027, providing dependable rental income and excellent investment potential.
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.
According to New York City records, the median price for an apartment in Brooklyn in September 2023 was $735,000. The price is identical to last year’s median for the month. The number of sales for September, when compared to 2022, however, fell dramatically from 594 to 375, representing a year-over-year decrease of 37%. September i...
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