Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $648,000

· Closed April 4, 2016

40 W 116th Street #B501
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Closed For Sale Condo

$648,000

$894 per sq ft

40 W 116th Street #B501

Harlem, Manhattan

KALAHARI

MLS® #RLS10069355

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

725

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 725 sq ft
Year Built 2006
Ownership Condo
HOA/Common Charges $356/mo
Property Taxes $84/yr
Neighborhood Harlem
Floor 5 of 12

Property Highlights

  • Exposure: North facing
  • Climate Control: Other
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 5 of 12
Exposure North
Cooling Other
Pets Yes
Cross Street 5 AVENUE and LENOX AVENUE
Year Built 2006 (New)
Living Area 725 sq ft
Parcel # 1599-1386

Description

Come see this 725 square foot 1 bedroom/1 bath Condo in the Ultimate Full Service Luxury Building in Prime South Harlem - The Kalahari, a Gold Leed Certified 'green' building with a 25-year tax abatement. This spacious Condo has beautiful hardwood floors throughout, with a lovely tiled kitchen and bath. Over-sized windows overlook a beautifully planted courtyard and community herb garden. The Kalahari offers a stunning array of amenities, from the artistic exterior to the dramatic lobby with 24-hour concierge, fully equipped fitness center, multiple outdoor spaces and roof decks, play room, library, meeting & banquet rooms, music rehearsal space, as well as complimentary high speed wireless access in all common areas, on-site Zip Car and parking, laundry rooms on each floor, clean filtered-air system, package room and cold storage,. The Kalahari is unparalleled! Fantastic location in vibrant southern Harlem - 1/2 block from the 2 & 3 subway lines and 2 blocks to the B, C and 6 trains. Central Park is a short walk. You are surrounded by the very best restaurants and shopping that Harlem has to offer. The Kalahari is a full service luxury 24 hr Concierge building which offers an on-site building Manager, friendly helpful Staff, attached valet garage and bike room. Conveniently located just a few blocks from Central Park. Pets welcome. FOR PRIMARY RESIDENTS ONLY AS SUBLETTING 2 OUT OF EVERY 5 YEARS. Floor plans coming.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Building KALAHARI
Total Units 249
Stories 12

Financial Details

Common Charges $356/mo
RE Taxes $84/yr ($7/mo)
Original Price $615,000
Sale Price $648,000
Previous Price $615,000

Harlem is a neighborhood of immense cultural significance and architectural beauty. Known for its historic 'Strivers' Row' and vibrant jazz heritage, the area offers some of the most impressive townhouse architecture in New York City. The real estate market is wide-ranging, featuring beautifully restored brownstones, value-driven HDFC cooperatives, and a growing number of modern luxury condominiums that offer contemporary amenities in a historic setting.

Harlem Live Market Data

View Neighborhood

Active Listings

63

Median Asking Price

$939K

Median $/Sqft

$852

Avg Days on Market

N/A

New This Week

3

Price Reduced

24%

Sold (30 Days)

0

Median Sale Price

$1.25M

Live data from RLS at REBNY • Updated 3/26/26, 7:14 AM EST

Similar Listings in Harlem

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Location

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40 W 116th Street #B501, Harlem, New York County • Near 5 AVENUE and LENOX AVENUE

Floor Plans

Floor Plan
MLS® ID: RLS10069355
First Listed: 1/13/2016
Price Changed: 4/5/2016
Closed: 4/4/2016
Contract Date: 1/13/2016

Listing Courtesy of The Corcoran Group - Tom Titone

Listing Contact: (646) 489-4684

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/26/2026 at 11:14 AM UTC

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