4 months on rocket

Sale Pending

40 W 116th St Unit B708, New York City, NY, 10026

$1,300,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,386 SqFt
$938/SqFt
Condo
Schools Nearby

Location

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40 W 116th St Unit B708, New York$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGarage
Year Built2006
HeatingCentral
CoolingCentral Air, Other
MLS #COMP-1423190993976208113
StatusSale Pending

About 40 W 116th St Unit B708

Meticulous 3-bedroom, 2-bathroom condo with Southern bright exposure and outdoor space with open views to the Empire State Building. Loft-style layout with 30’ open living room and separate dining area, with over 9 ft ceilings. The semi-open Chef’s kitchen comes with stainless steel Kitchen Aide appliances, lava stone countertops, a large pantry, and an open breakfast bar. The large master bedroom suite can easily fits a king-size bed, includes a walk-in closet with Elfa system installed, and leads to a beautiful marble bathroom with a deep soaking Kohler bathtub, Kohler fixtures, and very generous cabinet storage along with a 42" vanity and granite counter. The second bathroom also has generous cabinet storage with a granite counter and a three-mirror vanity. There are beautiful bamboo floors throughout the entire apartment. Low common charges and tax 25-yr Tax Abatement through 2034. The Kalahari is a Gold LEED Certified green building that offers an on-site Resident Manager, friendly helpful staff, and an abundance of amenities, including a no-fee fully-equipped fitness center that looks out onto the picturesque landscaped courtyard (with complimentary herb garden), laundry rooms on every floor, free WiFi throughout the common areas, filtered-air system, package room, attached garage with valet service, meeting/party room, library, bike room, 2 music practice rooms with a piano, kids playroom, security cameras, on-site Zip Cars, and 2 roof decks and solar panels. Conveniently located a few blocks from Central Park, Mt Morris Park, subways 2, 3, 6, B, C and major bus routes, gourmet restaurants, Coffee shops, Whole Foods & soon to be Trader Joe’s. Investor, sublet, and pet-friendly condominium!

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Living Area: 1,386 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Dianne Howard
  • Agent Phone: (917) 549-3239

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Refrigerator, Stainless Steel Appliance(s)
  • Interior: Breakfast Bar, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Garden

Parking Information:

  • Attached Garage: No
  • Parking: Garage

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $938/SqFt

HOA Fees:

  • Amount: $1172
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

40 W 116th St Unit B708 vs New York

130 DAYS ON ROCKET

+34 Days

$1,300,000

+$454.5K More

$938/SqFt

+$301 More

KEY TAKEAWAY

This property is $454.5K more than the Median Sold Price and $301/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1423190993976208113

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Dianne Howard
  • Agent Phone: (917) 549-3239

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/27/2024, 11:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,728

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1182974
8
/10
  • Sisulu-Walker Charter School of Harlem

  • 125 W 115th St

  • 0.17 miles

  • Public Charter Grades KG-5

school-card-donut-1182975
4
/10
  • Harlem Link Charter School

  • 20 W 112th St # 357

  • 0.19 miles

  • Public Charter Grades KG-5

school-card-donut-1182976
2
/10
  • PS 185 The Early Childhood Discovery and Design Magnet School

  • 20 W 112th St

  • 0.19 miles

  • Public Magnet Grades PK-2

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,893. Residents of New York, NY typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 W 116th St Unit B708

What is the listing price of this property?

The listing price of 40 W 116th St Unit B708 property is $1,300,000.

What type of property is this?

The property 40 W 116th St Unit B708 is a condo located in New York City, New York, 10026.

Is this property for sale now?

Sale Pending: 40 W 116th St Unit B708 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

How many bedrooms and bathrooms does this property have?

The property at 40 W 116th St Unit B708 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40 W 116th St Unit B708 is 1,386 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 W 116th St Unit B708 is 2006.

Rocket HomesNew YorkNew York1002640 W 116th St Unit B708

This home is located at 40 W 116th St Unit B708 in New York City, NY and zip code 10026 in the Central Harlem neighborhood. This 1,386 square foot home was built in 2006. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 18, 2023 and is currently priced at $1,300,000.

Over 154 listings were sold over their listed price in March 2024 in New York, NY. In the same period over 748 listings were sold below the listed price and 645 listings were sold for the listed price. Between February 2024 and March 2024, New York, NY real estate market has seen increase in the number of listings by 3.7%. Listings spent 96 days on the market in March 2024, and had a median list price of $845,489 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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