New York (Harlem), NY, 10026 | $1,195,000
Exquisite Penthouse at The Kalahari: Bright, Spacious, with Low Monthly Costs, and Ready for Immediate Move-In! Welcome to Unit #PHA-1206 at 40 West 116th Street, an impeccably designed penthouse condo nestled in the vibrant heart of Harlem. Spanning over 1, 250 square feet, this exceptional 2-bedroom, 2-bathroom residence offers a seamless blend of elegance and modern sophistication with the convenience of your own washer & dryer. The expansive, open-concept living area is bathed in natural light all day long, courtesy of oversized north-facing windows that offer sweeping, unobstructed views, creating a serene and inviting atmosphere. Whether hosting intimate gatherings or enjoying quiet evenings, there’s plenty of space for both a plush seating area and an oversized dining table. The gourmet kitchen is a chef's dream, featuring stainless steel appliances, sleek cabinetry, and abundant storage—perfect for creating culinary masterpieces. Both bedrooms are generously proportioned to comfortably accommodate king-sized beds, while the primary suite is a true sanctuary with large windows that invite light and provide peaceful, picturesque views. The spacious walk-in closet offers an organized haven for your wardrobe. The primary bathroom is a spa-like retreat, featuring a freestanding soaking tub and an oversized glass-enclosed shower, creating the perfect setting for ultimate relaxation. The Kalahari is a full-service, Gold LEED-certified green building, offering unparalleled amenities that elevate the living experience. Take advantage of the fully equipped fitness center, relax in the beautifully landscaped courtyard with an herb garden, or unwind on one of the two expansive roof decks, each offering breathtaking views of the city skyline. Enjoy the convenience of a full-time doorman, laundry rooms on every floor, complimentary Wi-Fi in the common areas, and an abundance of spaces for both work and leisure. With a 25-year 421A Tax Abatement offering 10 years of savings, no restrictions on subletting, and pet-friendly policies, this home presents a rare opportunity to live in one of Harlem's premier addresses, whether for personal enjoyment or as a smart investment. Seize the opportunity to make this stunning penthouse your own—schedule a private tour today!
Features
- Town: New York
- Heating: Central
- Cooling: Central Air
- Levels: 12
- Rooms: 4
- Bedrooms: 2
- Baths: 2 full
- Lot Size: 337.500000x201.840000
- Laundry: Building Multiple Locations,Common Area,In Unit
- Year Built: 2006
- Common Charge: $1,025 Monthly
- Approx Sq. Feet: 1,255
- Est. Taxes: $2,376
- Pet Policy: Building Yes,Cats OK,Dogs OK
- Appliances: Dishwasher
- MLS#: COMP-173711389481380
- Days on Market: 38 days
- Website: https://www.raveis.com
/prop/COMP-173711389481380/40w116thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Compass Phone: (212) 913-9058
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
New York (Harlem), NY, 10026
$1,195,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $956,000 | $956,000 | $956,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
| Monthly Tax Payment | $198 | $198 | $198 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,655 | $6,121 | $8,132 |
| Total Monthly Payment | $5,978 | $6,444 | $8,455 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535