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Off market
  • $635,500

    40 W 116th St APT A501, New York, NY 10026

    1beds
    750sqft
    Condo
    Built in 2006
    -- sqft lot
    $635,500 Zestimate®
    $847/sqft
    $3,822 Estimated rent

    Home value

    $635,500

    $591,000 - $680,000

    $3,822/mo

    Zestimate® history
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    $4,240/mo

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    What's special

    Morningside parkBlocks from central parkValet parkingWhole foodsWide baseboardsLarge storage benchFiber optic smart network

    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. Affordable 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

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • Central
    Appliances
    • Included: Dishwasher
    Interior area
    • Total interior livable area: 750 sqft

    Property

    Details
    • Parcel number: 015991249

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 2006

    Community & HOA

    Community
    • Features: Doorman
    HOA
    • Has HOA: Yes
    • HOA fee: $390 monthly
    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $847/sqft
    • Tax assessed value: $160,348
    • Annual tax amount: $8,090

    Price history

    DateEventPrice
    10/4/2022Sold$649,999$867/sqft
    Source: Public Record Report a problem
    6/10/2022Pending sale$649,999$867/sqft
    Source: StreetEasy Report a problem
    5/11/2022Listed for sale$649,999$867/sqft
    Source: StreetEasy Report a problem
    4/25/2022Listing removed--
    Source: StreetEasy Report a problem
    3/8/2022Price change$649,999-2.3%$867/sqft
    Source: StreetEasy Report a problem
    1/5/2022Price change$665,000-1.5%$887/sqft
    Source: StreetEasy Report a problem
    9/13/2021Listed for sale$675,000$900/sqft
    Source: StreetEasy Report a problem
    8/18/2021Listing removed--
    Source: StreetEasy Report a problem
    8/11/2021Listed for sale$675,000+348.2%$900/sqft
    Source: StreetEasy Report a problem
    8/2/2008Sold$150,600$201/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,090 +5.3%$72,157 +6.3%
    2024$7,681 +1.7%$67,871 +0.4%
    2023$7,549 $67,621 +2.3%
    2022-- $66,072 +4.6%
    2021-- $63,191 -9.7%
    2020-- $69,961 +2.3%
    2019$76 -98.8%$68,387 +12.1%
    2018$6,303 +10.1%$61,032 +7.3%
    2017$5,725 +7216.8%$56,897 +7.6%
    2016$78 $52,857 +13.9%
    2015$78 +28%$46,405 +41.8%
    2014$61 $32,718 -9.5%
    2013-- $36,165 -7.7%
    2012-- $39,169 +7.9%
    2011-- $36,309 -34.1%
    2010-- $55,112 -2.7%
    2009-- $56,656
    Find assessor info on the county website

    Neighborhood: Harlem

    Nearby schools

    GreatSchools rating