229 West 116TH Street #2B, New York City, NY 10026
Listing Courtesy of Douglas Elliman Real Estate
$850,000
Potential Rebate: $12,750
Overview
<p> </p> <p>Introducing 2B at 229 West 116th Street- A bright, character-filled 2-bedroom, 1.5-bath loft with soaring 11-foot ceilings, exposed brick, and newly refinished oak floors. With a smart layout, low monthlies, and turnkey condition, it's both a beautiful home and a strong long-term investment, with tenants in place until June 2027 with a 4.5% cap rate.</p> <p>The sun-drenched living and dining area faces south with oversized windows and flows into a stylish, windowed kitchen with granite countertops, stainless steel appliances, and ample cabinetry. Both bedrooms are located at the quiet rear of the home, offering peaceful, light-filled retreats. The oversized primary bath features subway tile, Kohler fixtures, and a rainfall shower. Additional highlights include a full-size in-unit washer/dryer, multiple ELFA closets, built-in shelving, and a deeded storage unit.</p> <p>Casa Loma offers a restored brick lobby, bike storage, and a 4,000 SF landscaped roof deck with panoramic views of Central Park, the Manhattan skyline, and Columbia University. Just moments from the 2/3/B/C trains, Central Park, and Harlem's best cafés, restaurants, and green spaces-this is downtown style, uptown. This 16-unit elevator building was completely gut renovated in 2006, blending historic charm with modern convenience.</p> <p> </p>
Home Features
- •Central Air
- •In Unit
- •City
Estimated Monthly Payment
$4,820 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$12,750
Monthly savings impact
$35/mo
Effective Purchase Price
$837,250
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20016171
RLS at REBNY
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RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20016171
RLS at REBNY
Price Analysis
Compare average listing prices and value metrics for CASA LOMA against the surrounding South Harlem market.
Average List Price
Price Per SqFt
96.43% Lower
than the South Harlem price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
