NOT LISTED FOR SALE

Estimated Value: $1,291,000 - $1,468,000

2 Beds
2.5 Baths
1,812 Sq Ft
$1,061/mo HOA Fee

Last Sold May 03, 2024

Last sale price $1,225,000 $676 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,607/month

159 Days on Market

Highlights

  • Courtyard
  • 1-minute walk to 116 Street (A,B,C Line)
  • 3-minute walk to Lafayette Square
  • Community Storage Space
  • High-Rise Condominium

About This Home

As of May 2024

Looking for a versatile and spacious home? Welcome to 316 West 116th Street, Apartment 1D! This exceptional duplex offers over 1,800 square feet of interior space and boasts two private outdoor areas, totaling well over 500 square feet. The most noteworthy feature of this property is its flexible lower level, which includes two windowed rooms that can serve a variety of purposes, such as a bedroom or two, recreation room, home office, or project space. You can seamlessly move between the two floors using a traditional staircase, and there is also convenient access via an elevator and an external staircase to the lower level. The apartment has a central air system and a new boiler.

First Floor: Spanning approximately 900 square feet with 9'7" ceilings, the main level comprises a spacious living room and dining area, a generously sized kitchen, a powder room, and a primary bedroom with an ensuite bath and a walk-in closet. The large windows provide views of a charming courtyard, creating a serene European ambiance.

Lower Floor: This level features two rooms, with the smaller one offering bedroom potential (complete with windows), while the larger space is a blank canvas that is functional as-is or ready for your creative vision. With nearly 9-foot-high ceilings, the possibilities here are limitless. Additionally, you'll find a laundry room, a full bath, and access to both outdoor spaces, allowing for enjoyable barbecues.

Situated within a boutique elevator condominium consisting of just 14 apartments, this pet friendly property is conveniently located just half a block from South Harlem's renowned restaurant row on Frederick Douglass Boulevard (between 113th and 123rd Streets). Moreover, you'll have access to Morningside Park (check out the photos) just one block away and Central Park just six blocks away, offering nearly 1,000 acres of green space for outdoor recreation. The B/C subway station is located at the other end of the same block, with M3, M7, M10, and M116 bus stops nearby. The 2/3 express trains on 116th Street are a mere two blocks to the East. Plus, don't miss the vibrant farmer's market at 110th Street and Manhattan Avenue every Saturday.

To the West of this property lies the dynamic neighborhood of Morningside Heights, home to prestigious institutions like Columbia University and Barnard College. Notable landmarks such as the awe-inspiring Cathedral of St. John the Divine, Riverside Park, and Mount Sinai Morningside Hospital are also within easy reach.

This neighborhood offers not only a haven for nature enthusiasts but also a thriving food scene, featuring various grocery options, including the new Lincoln Market (121st Street) and Lidl market (118th Street). Local dining establishments like Melba's, Lido, Blvd Bistro, Harlem Tavern, Vinateria, Silvana (doubles as a live music venue), Vegan Hood, and many others provide diverse culinary experiences. Coffee seems to be flowing everywhere, be it at the local Starbucks or at one of the local intimate caf s. Bakeries range from the famous Levain around the corner, Des Ambassades Patisserie and the Lee Lee's Baked Goods, known for its gourmet Rugelach.

Additionally, the community is steeped in history, art, and architecture, boasting iconic landmarks and cultural organizations like the legendary Apollo Theater, The Studio Museum in Harlem and The Classical Theater of Harlem. Take in a local jazz concert at a local speakeasy-style nightclub or one of the many free outdoor performances during the summer at Marcus Garvey Park and at Central Park's Harlem Meer.

Note: While the lower level of this home has been used a a bedroom as it has a window and a walk-in closet, the condominium's offering plan documents the apartment a a one bedroom. Some of the images have been virtually staged including the living, primary bedroom and patio.

Last Agent to Sell the Property

Henry Orenstein

Corcoran Group License #10301211259 Listed on: 09/20/2023

Corcoran Group

Co-Listed By

Julius Leonard

Corcoran Group License #10401366383

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,228

Year Built

  • Built in 1900

Lot Details

  • 7,318

HOA Fees

  • $1,061 Monthly HOA Fees

Home Design

  • 1,812 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1104 / 01848

Community Details

Overview

  • 14 Units
  • High-Rise Condominium
  • South Harlem Subdivision
  • Property has 2 Levels

Amenities

  • Courtyard
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,228

Year Built

Built in 1900

Lot Details

0

HOA Fees

$1,061 per month

Listing Details

  • Exposures: South,West
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: South Harlem
  • Entry Level: 1
  • Unit Levels: Two
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Pets No Pets Comments: Pets Allowed,Building Pets Allowed Comments:Pets Allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1812.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • View: No
  • Exterior Features: Building Courtyard, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other, Washer Hookup, In Unit
  • Green Building Features: Elevator(s), Green Building, Storage
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1061.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 14
  • Total Stories: 5
  • Year Built: 1900

Tax Info

  • Tax Block: 01848
  • Tax Lot: 1104
  • Tax Annual: 6228.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
May 3, 2024
Sold by
316 W 116Th St 1D Llc
Bought by
Katagiri Amanda and Katagiri Douglas
Seller's Agent
Henry Orenstein
Corcoran Group
List Price
$1,300,000
Sold Price
$1,225,000
Premium/Discount to List
-$75,000
-5.77%
Views
899
Current Estimated Value
$1,361,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,178
Avg. Annual Appreciation
-1.18%

Purchase Details

Closed on
Aug 11, 2023
Sold by
Liao Diana
Bought by
316 W 116Th St 1D Llc

Purchase Details

Listed on
May 22, 2013
Closed on
Jun 12, 2013
Sold by
Hanley Theodore E
Bought by
Liao Diana

Purchase Details

Closed on
May 30, 2006
Sold by
Harlem Infil Llc
Bought by
Hanley Theodore E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,565
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Katagiri Amanda $1,225,000 --
Katagiri Amanda $1,225,000 --
316 W 116Th St 1D Llc -- --
316 W 116Th St 1D Llc -- --
Liao Diana $1,100,000 --
Liao Diana $1,100,000 --
Hanley Theodore E $826,819 --
Hanley Theodore E $826,819 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanley Theodore E $644,565
Previous Owner Hanley Theodore E $81,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $1,225,000 -5.8% $676 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
09/20/2023 09/20/23 For Sale $1,300,000 -- $717 / Sq Ft
05/22/2013 05/22/13 Sold -- -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,348 $111,221 $9,737 $101,484
2024 $12,348 $98,770 $9,737 $89,033
2023 $8,297 $87,689 $9,737 $77,952
2022 $6,935 $76,954 $9,737 $67,217
2021 $7,692 $76,954 $9,737 $67,217
2020 $3,219 $85,247 $9,737 $75,510
2019 $557 $83,331 $9,737 $73,594
2018 $1,238 $65,835 $9,737 $56,098
2017 $1,238 $67,720 $9,737 $57,983
2016 $1,255 $46,393 $9,737 $36,656
2015 -- $35,744 $9,737 $26,007
2014 -- $33,672 $9,737 $23,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10954151

Real Estate Board of New York (REBNY)

APN: 1848-1104