SOLD FOR $649,999
· Sold at asking price · Closed October 5, 2022
$649,999
$867 per sq ft
40 W 116th Street #A-501
MLS® #RLS10800126
Listing by Compass
1
Bedroom
1
Bath
750
Sq. Ft.
2007
Year Built
Sale Details
Property Summary
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, 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
Property Details
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Listing courtesy of Dianne Howard at Compass. 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. This 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.