40 West 116th Street, Unit A501

Harlem

$649,999
Last Sold Price
1
Beds
1
Bath
750 Sq. Ft.
$867 / Sq. Ft.
750
Sq. Ft.
$867
per Sq. Ft.

Description

This apartment qualifies for the Eagle program through First Republic. Which offers a 30-year fixed rate of 3.28% and $7,000 towards closing costs. 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,...This apartment qualifies for the Eagle program through First Republic. Which offers a 30-year fixed rate of 3.28% and $7,000 towards closing costs. 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 accommodate 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 headquarters 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 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 Agents

  1. Dianne Howard

    Dianne Howard

    Listing Agent

    Compass

  2. Vie Wilson

    Vie Wilson

    Listing Agent

    Compass

    vie.wilson@compass.com

    P: 917.969.1567

Amenities

  • Full-Time Doorman
  • Concierge
  • Roof Deck
  • Common Roof Deck
  • Common Garden
  • Common Outdoor Space
  • Gym
  • Playroom

Location

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LISTING UPDATED: 09/15/2022 02:03 AM

Property Details for 40 West 116th Street, Unit A501

StatusSold
Days on Market253
Taxes$6 / month
Common Charges$390 / month
Min. Down Pymt-
Total Rooms3.0
Compass TypeCondo
MLS TypeCondominium
Year Built2006
CountyNew York County

Building

Kalahari

249 Units12 StoriesBuilt in 2006

Location

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Building Information for 40 West 116th Street, Unit A501

Building/ComplexKalahariFloor-Stories12Residences249Pet PolicyAllowedYear Built2006Building AgePost-warBuilding TypeMidrise

Payment Calculator

$3,943 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$6

Maintenance/Common Charges

$390

The Payment Calculator is for illustrative purposes only.

Property History for 40 West 116th Street, Unit A501

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40 West 116th Street, Unit A501

Taxable ValueLand$1,079Additions$66,259Total$67,338
Home Facts
Total Finished SqFt743 SqFtLot Size0 SqFtYear Built2006ZoningC45XAPN1015991249

Schools near 40 West 116th Street, Unit A501

This home is within New York City Geographic District # 3.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 12
Public - 6 to 12
Public - 6 to 8
Rating
School
Distance
PS 149 Sojourner Truth
PublicPK to 8

Jhs 54 Booker T Washington
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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