For Sale · Listing by Compass
40 W 116th Street #B304
Harlem, Manhattan
$399,000
40 W 116th Street #B304
MLS® #RLS20093345
Listing by Compass
- Studio
- 1
- Bath
- 484
- Sq. Ft.
- 2006
- Year Built
Quick Summary
Property Highlights
- Exposure: South facing
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | May 26, 2026 | $450,000 | - |
| Currently | Oct 12, 2026 | $399,000 | -11.3% |
Description
This exceptional apartment with low carrying costs will allow you to be a homeowner instead of a tenant. Bright and inviting south-facing studio with oversized windows showcasing open city views and abundant natural light throughout the day. This thoughtfully designed home features a custom walk-in closet plus additional linen storage, brand-new wood floors, and new cabinets. This home offers exceptional functionality and organization. The semi-open kitchen is fully equipped with GE appliances, including a dishwasher and microwave, complemented by sleek black granite countertops and a convenient breakfast bar perfect for casual dining or entertaining. Located at The Kalahari, a premier Gold Leed-certified green building in Central Harlem, residents enjoy a full suite of amenities including a 24-hour doorman and concierge, state-of-the-art fitness center, two rooftop decks, a landscaped courtyard, children’s playroom, music and meeting rooms, attended parking, bicycle storage, yoga for the residents three times a week and a monthly book club. The building features a filtered air system, fiber-optic smart network, and achieves a remarkable 31% energy reduction. Tax abatement ends in 2034. Unbeatable location just blocks from Central Park, with the 2 and 3 subway lines on the corner and Madison and Fifth Avenue buses only a block away. Experience elevated city living at one of Harlem’s most sought-after addresses. Select images have been virtually staged. Furniture and décor shown are for marketing purposes only. THIS APARTMENT MUST BE A PRIMARY RESIDENCE AND SUB-LEASING 2 OUT 5 YEARS ALLOWED
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Harlem
View All Harlem ListingsHarlem 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 NeighborhoodActive Listings
74
Median Asking Price
$828K
Median $/Sqft
$919
Avg Days on Market
N/A
New This Week
3
Price Reduced
27%
Sold (30 Days)
6
Median Sale Price
$992K
Live data from RLS at REBNY • Updated 10/11/26, 9:34 PM EST
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Location
40 W 116th Street #B304, Harlem, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $486.93 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $72, or roughly $6 per month. Verify the current assessment with your attorney before closing.
This property has 0 bedrooms and 1 full bathroom.
The listed interior living area is 484 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: Pets Allowed,Building Pets Allowed Comments:Cats and Dogs Allowed. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $399,000 for 484 sq ft, the asking price per square foot is approximately $824. 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 milton@miltoncoste.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) 416-7433Listing Courtesy of Compass - Dianne L 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.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 10/12/2026 at 1:34 AM UTC
See it in person
Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 40 W 116th Street #B304
At $399,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
Your info is secure and never shared.
You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
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Quick Facts
Monthly Costs Estimate
$79,800
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
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