Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,200,000

· Closed June 13, 2014

40 W 116th Street #A512
Closed For Sale Condo

$1,200,000

$906 per sq ft

40 W 116th Street #A512

Harlem, Manhattan

KALAHARI

MLS® #RLS10064742

RLS at REBNY

Listing by The Corcoran Group

3

Bedrooms

2

Baths

1,325

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,325 sq ft
Year Built 2006
Ownership Condo
HOA/Common Charges $485/mo
Property Taxes $108/yr
Neighborhood Harlem

Property Highlights

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

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths null Full
Exposure North
Pets Yes
Cross Street 5 AVENUE and LENOX AVENUE
Year Built 2006 (New)
Living Area 1,325 sq ft
Parcel # 1599-1260

Listing History

Event Date Price Change
Listed Feb 27, 2014 $1,100,000 -
Currently Apr 22, 2026 $1,200,000 +9.1%

Description

SOLD/CLOSED -- Bright, spacious north facing 3 bedroom/2 baths has all the amenities your heart desires including a large ensuite master bedroom with walk-in closet. The apartment features custom cherry wood floors throughout, a living room with separate dining area, a large foyer with coat closet, a linen closet & both bathrooms include ample cabinet storage. The custom designed kitchen with breakfast bar counter comes with top-of-the-line GE appliances, dishwasher, built-in microwave, black granite countertops and a large pantry closet. Enjoy living at The Kalahari, a GOLD LEED certifed full service luxury 24 hour Concierge building which offers an on-site Resident Manager, friendly helpful Staff and an abundance of amenities including a complimentary fully equipped fitness center which looks out onto the landscaped courtyard, 2 roof decks with city & central park views, laundry rooms on each floor, Fiber Optic smart network, WiFi throughout complex, clean filtered-air system, package room, attached garage, on-site Zip Cars & 25 year tax abatement. Conveniently located just a few blocks from Central Park & Mt Morris Park, steps to 2,3,4,5,6,B & C subways, buses, great restaurants & shopping. PRIMARY RESIDENCE ONLY & SUBLEASING 2 OUT OF EVERY 5 YEARS. Apartment Features: North exposure, Floors - hardwood, Light - excellent, Windows - oversized, Windows - new, Modern kitchen, Marble bath, Walk in closets, Great closet space, Dishwasher Building Features: Courtyard, 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 $485/mo
RE Taxes $108/yr ($9/mo)
Original Price $1,100,000
Previous Price $1,100,000

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, 4:12 PM EST

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Location

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40 W 116th Street #A512, 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 $485 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $108, or roughly $9 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms.

The listed interior living area is 1,325 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 $1,200,000 for 1,325 sq ft, the asking price per square foot is approximately $906. 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: RLS10064742
First Listed: 2/27/2014
Price Changed: 6/13/2014
Closed: 6/13/2014
Contract Date: 2/26/2014

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 8:12 PM UTC

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