Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $285,000

· Closed March 24, 2013

40 W 116th Street #B704
Closed For Sale Condo

$285,000

40 W 116th Street #B704

Harlem, Manhattan

KALAHARI

MLS® #RLS10052634

RLS at REBNY

Listing by The Corcoran Group

Studio

0

Bath

N/A

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Year Built 2006
Ownership Condo
HOA/Common Charges $297/mo
Property Taxes $72/yr
Neighborhood Harlem

Property Highlights

  • Exposure: South facing
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths null Full
Exposure South
Pets Yes
Cross Street 5 AVENUE and LENOX AVENUE
Year Built 2006 (New)
Parcel # 1599-1411

Description

IN CONTRACT - Why rent when you can own for less than $1500 a month in the award winning Kalahari in Central Park North, this sunny studio features an oversized window with open & direct views of the city, Central Park & trees, with 1 custom designed walk-in + linen closet, fully equipped semi-open kitchen with breakfast bar, GE appliances, black granite counter tops & the bathroom has lots of cabinets. The 25 year tax abatement allows VERY LOW monthly charges and for your convenience there are washer/dryers on each floor. The Kalahari is conveniently located just a few blocks from Central Park & Morris Garvey Park, with express 2/3 trains on the corner, B/C/6 trains and major bus routes a short distance away which makes for easy access to Columbia University, City College amongst others. This is a state-of-the-art luxury green GOLD Certified building where youll live with the comfort of a FULLTIME Concierge/Security, PT Doorman, Porter, Maintenance Crew & Onsite Resident Manager. Enjoy the gym which overlooks the expansive landscaped courtyard, 2 roof decks, valet parking, Zipcars, meeting and music rooms and a kids playroom. All this plus a filtered air system, fiber-optic smart network throughout, and innovative 31% energy reduction The SUBLET POLICY is 2 out of every 5 years ONLY, PRIMARY RESIDENCE - NOT FOR INVESTMENT, NO INCOME RESTRICTIONS & SMALL AMOUNT OF SUBSIDY WILL TRANSFER TO NEW OWNER Apartment Features: South exposure, Full city view, Full park view, Full skyline view, Light - excellent, Windows - oversized, Windows - new, Modern kitchen, Renovated bathroom, Walk in closets, Great closet space, Dishwasher Building Features: Roof deck, Exercise room, Private storage, Meeting room, Recreation room, Childrens room, Central laundry room, Multi-floor laundry, Valet, Alarm system, Video security, Security guard, Cable TV ready, High speed internet, Package room, Health club, Water

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Building KALAHARI
Total Units 249
Stories 12

Financial Details

Common Charges $297/mo
RE Taxes $72/yr ($6/mo)
Original Price $299,000
Previous Price $299,000

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

64

Median Asking Price

$919K

Median $/Sqft

$822

Avg Days on Market

N/A

New This Week

3

Price Reduced

25%

Sold (30 Days)

1

Median Sale Price

$1.18M

Live data from RLS at REBNY • Updated 3/27/26, 7:35 AM EST

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Location

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40 W 116th Street #B704, Harlem, New York County • Near 5 AVENUE and LENOX AVENUE

MLS® ID: RLS10052634
First Listed: 10/3/2012
Price Changed: 3/24/2013
Closed: 3/24/2013

Listing Courtesy of The Corcoran Group - Karen D Shenker

Listing Contact: (917) 721-9836

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 3/27/2026 at 11:35 AM UTC

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