316 West 116th Street

316 West 116th Street is a condo located in Central Harlem, New York. The building was first built in 1900 and is 124 years old. It was first renovated and altered in 2005. The lot that the building was built on is 114 feet wide and 64 feet long. The official lot area is listed as 8,307 square feet. The building itself is 114 feet wide and 64 feet long. In total, 316 West 116th Street has a total floor area of 26,499 square feet. Of that, 26,499 square feet are used for residential purposes. There are a total of 14 units. Of those, 14 are residential units. There are no commercial units in this building. 316 West 116th Street has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 30 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 240 days and tend to sell above the original asking price of $1,699,000 by 1.82%. Meaning, listings tend to sell at a median of $839 price per square foot. The transaction that took the longest to complete was unit 3A, listed on Jan 23, 2023 for $1,699,000. This particular unit ultimately sold 309 days later for $1,730,000. The most recent transaction was for unit 3A, which was first advertised on Jan 23, 2023, sold for $1,730,000 on Nov 28, 2023. Fun fact, the oldest transaction we have on record took place on Sep 13, 1967. See the full transaction history for 316 West 116th Street below.

Central Harlem, where 316 West 116th Street is located, has a median asking price of $1,650,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,699,000. For interested buyers, that means the building's median asking price is around 0.81% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $1,300,000. It is a 1,812 sqft 2-bedroom and 3-bathroom unit.