Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,400,000

· Closed August 15, 2014

40 W 116th Street #A1203
Closed For Sale Condo

$1,400,000

$936 per sq ft

40 W 116th Street #A1203

Harlem, Manhattan

KALAHARI

MLS® #RLS10066122

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2

Baths

1,496

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,496 sq ft
Year Built 2006
Ownership Condo
HOA/Common Charges $938/mo
Property Taxes $216/yr
Neighborhood Harlem

Property Highlights

  • Location: Harlem, Manhattan
  • Property Type: Condo
  • Built: 2006

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths null Full
Pets Yes
Cross Street 5 AVENUE and LENOX AVENUE
Year Built 2006
Living Area 1,496 sq ft
Parcel # 1599-1348

Listing History

Event Date Price Change
Listed May 30, 2014 $1,400,000 -
Currently Apr 22, 2026 $1,400,000 -

Description

Rarely available, spectacular 2 bed/2 bath with a bonus room that can be an office/den/nursery. This is a premium corner Penthouse with sunny & bright N/S exposure and over-sized floor to ceiling windows in the living room. The en-suite master bedroom has a marble bathroom with separate glass shower stall, deep soaking bathtub + an abundance of cabinets & vanity storage. The huge gourmet kitchen comes with Stainless Steel Viking appliances including dishwasher, built-in microwave and opens to the loft-like spacious dining area & living room. In addition, a Bosch W/D, custom-fitted closets, bamboo floors, high ceilings, customized window treatments & a 25-year tax abatement allows for VERY LOW monthly charges. The Kalahari condo is conveniently located just a few blocks from Central Park & Marcus Garvey Park, with express 2/3 trains on the corner, B/C/6 trains & major bus routes a short distance away. This state-of-the-art luxury GOLD LEED Certified building -- FULLTIME Concierge/Security, Porters, Maintenance Crew & an Onsite Resident Manager. Enjoy the fully-equipped gym which overlooks the expansive landscaped courtyard & herb garden, 2 roof decks, valet parking, Zipcars, library, meeting & music rooms, a kids playroom plus laundry rooms situated on EACH floor. All this plus a filtered air system, fiber-optic smart network throughout, 24-hr free WiFi in all public areas & innovative 31% energy reduction. Investor & Pet friendly Apartment Features: North exposure, South exposure, Full city view, Full park view, Full skyline view, Light - excellent, Windows - oversized, Windows - new, Modern kitchen, Renovated bathroom, Marble bath, Storage space, Walk in closets, Great closet space, Dishwasher Building Features: Courtyard, Roof deck, Exercise room, Private storage, Meeting 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 $938/mo
RE Taxes $216/yr ($18/mo)

Harlem is a neighborhood of immense cultural significance and architectural beauty. Known for its historic 'Strivers' Row' and storied 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

75

Median Asking Price

$925K

Median $/Sqft

$846

Avg Days on Market

N/A

New This Week

3

Price Reduced

25%

Sold (30 Days)

3

Median Sale Price

$1.10M

Live data from RLS at REBNY • Updated 4/22/26, 2:47 PM EST

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Location

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40 W 116th Street #A1203, Harlem, New York County • Near 5 AVENUE and LENOX AVENUE

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
2
Floors
4
Residential Units
R6B
Zoning District

Tax & Assessment

Assessed Value: $784,350
Land Value: $72,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 4,000 SF
Building Area: 7,120 SF
Built FAR: 1.78
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $938 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $216, or roughly $18 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,496 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2006, making it approximately 20 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,400,000 for 1,496 sq ft, the asking price per square foot is approximately $936. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10066122
First Listed: 5/30/2014
Closed: 8/15/2014
Contract Date: 5/30/2014

Listing Courtesy of The Corcoran Group - Dianne Howard

Listing Contact: (917) 549-3239

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 4/22/2026 at 6:47 PM UTC

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