Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $975,000

· Closed February 26, 2014

40 W 116TH Street #A409
Closed For Sale Condo

$975,000

$907 per sq ft

40 W 116TH Street #A409

Harlem, Manhattan

THE KALAHARI

MLS® #RLS10093634

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

2

Bedrooms

2

Baths

1,075

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,075 sq ft
Year Built 2006
Ownership Condo
HOA/Common Charges $422/mo
Property Taxes $1,176/yr
Neighborhood Harlem

Property Highlights

  • Exposure: North facing

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths null Full
Exposure North
Pets Yes
Cross Street 5th Ave/Lenox Ave
Year Built 2006
Living Area 1,075 sq ft
Parcel # 1599-1241

Listing History

Event Date Price Change
Listed Nov 5, 2013 $975,000 -
Currently Apr 22, 2026 $975,000 -

Description

LEED certified building chock full of amenities that are hard to find in any other full service doorman building. Full sized two bedroom , two bath , winged bedrooms, meticulously appointed with new kitchen appliances and backsplash, separate dining area, hardwood floors and oversized windows. 25 year tax abatement. Incredibly low common charges, taxes , and utility costs (because of LEEDS) . Parking garage, health club, soundproof music rooms, kid's playroom, library, party room with kitchen facilities, two great roofdecks with special sunset and skyline views. Walking distance to all major transportation options and new restaurant and retail outlets.

Building Information

Building THE KALAHARI
Total Units 99
Stories 15

Financial Details

Common Charges $422/mo
RE Taxes $1,176/yr ($98/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

76

Median Asking Price

$912K

Median $/Sqft

$846

Avg Days on Market

N/A

New This Week

4

Price Reduced

25%

Sold (30 Days)

3

Median Sale Price

$1.10M

Live data from RLS at REBNY • Updated 4/22/26, 5:50 PM EST

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Location

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40 W 116TH Street #A409, Harlem, New York County • Near 5th Ave/Lenox Ave

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 $422 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $1,176, or roughly $98 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 1,075 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 $975,000 for 1,075 sq ft, the asking price per square foot is approximately $907. 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: RLS10093634
First Listed: 11/5/2013
Closed: 2/26/2014
Contract Date: 11/5/2013

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Norman Horowitz

Listing Contact: (212) 381-4214

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 9:50 PM UTC

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