--- title: "40 West 116th Street #B805, New York City, NY 10026" description: "40 West 116th Street #B805, New York City, NY 10026 — South Harlem, New York City, NY. Listing Price $995,000. 2 bed, 2 bath, 1,022 sqft Illustrative Buyer Commission Share of $14,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10026/40-west-116th-street-b805-ny-10026" source: "Real Estate Rebate Team" dateModified: "2026-09-12T16:47:23.421Z" status: "Active" --- # 40 West 116th Street #B805, New York City, NY 10026 South Harlem, New York City, NY Courtesy of Digs Realty Group LLC Last updated: September 12, 2026, 12:47 PM ## At a Glance - **Listing Price**: $995,000 - **Beds**: 2 - **Baths**: 2 - **Sqft**: 1,022 - **Common Charges**: $652 / mo - **Price per Sqft**: $974 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $995,000 - **Illustrative Buyer Commission Share**: -$14,925* - **Illustrative Net Cost**: $980,075 *Illustrative Buyer Savings of $14,925 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![40 West 116th Street #B805, New York City, NY 10026 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f651aa4c-2a19-4964-b9ab-06203f309cab.jpg) ![40 West 116th Street #B805, New York City, NY 10026 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0541ef5c-d426-4025-875a-78e20289e63e.jpg) ![40 West 116th Street #B805, New York City, NY 10026 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b473c0b2-c0c5-41f8-a8cb-189dd2341a7a.jpg) ![40 West 116th Street #B805, New York City, NY 10026 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7cba73e6-a57c-4630-8906-e3fff07c118f.jpg) ![40 West 116th Street #B805, New York City, NY 10026 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d7a0944e-066d-4973-ada0-6c4b2c554f4e.jpg) ![40 West 116th Street #B805, New York City, NY 10026 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f73c66a5-2db6-483c-bdd7-c398d0a9386b.jpg) ![40 West 116th Street #B805, New York City, NY 10026 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5ad62f17-6f15-466a-8bbe-53194b8f9725.jpg) ![40 West 116th Street #B805, New York City, NY 10026 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c3074d79-4a8d-4acf-ab66-a442a0a49b45.jpg) ![40 West 116th Street #B805, New York City, NY 10026 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/340eddd4-3086-4312-b9bf-47032cf6bfe2.jpg) ![40 West 116th Street #B805, New York City, NY 10026 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cf7101df-a743-4dbd-9cd9-ef1f089860fb.jpg) ## Property Overview Sunny, Spacious & Exceptional Value at The Kalahari! Move right into this south-facing two-bedroom, two-bathroom home with incredibly low carrying costs at the highly sought-after Kalahari Condominium. A gracious entry foyer with a large coat closet welcomes you into the home and leads to an impressive 20-foot-long living and dining room. With a beautiful southern exposure, high ceilings, and a perfectly proportioned layout, this expansive space easily accommodates distinct living and dining areas while maintaining an airy, open feel. The adjoining open kitchen is both attractive and functional, featuring black granite countertops, abundant cabinetry and storage, and a convenient corner breakfast bar. Just off the kitchen is one of the apartment's two generous walk-in closets, an uncommon luxury in a Manhattan two-bedroom. At the end of the hallway, the oversized primary suite provides a true retreat, complete with a large walk-in closet outfitted with custom built-ins and a generously proportioned en-suite bathroom. The second bedroom is nearly as large as the primary and also enjoys all-day southern light, along with its own substantial closet. A second full bathroom is conveniently located just across the hall from the second bedroom. Both bathrooms feature full-size tubs and ample storage. The laundry room is across the hall from the apartment, but an in-unit washer/dryer is permitted with board approval! Other features of this home include individual PTAC units in every room for precise control of both heating and air conditioning, and a private storage unit is also included with the apartment. One of Harlem's premier condominiums, The Kalahari combines comprehensive amenities with remarkably low common charges and a tax abatement until 2034. The building is certified "LEED Gold", which is a top energy efficiency designation, and offers an extraordinary array of resident amenities, including a complimentary fitness center, beautifully landscaped courtyard and herb garden, two roof decks, WiFi throughout the common areas, a state-of-the-art air filtration system, package room, on-site garage, meeting and party room, library, two music rooms with piano, children's playroom, bike room, and on-site Zip Cars. The staff is incredible, with a full-time maintenance staff and an attentive resident manager beloved by residents. Pet-friendly and ideally located just a few blocks from Central Park and Marcus Garvey Park, The Kalahari is surrounded by the incredible dining, shopping, and cultural offerings of Harlem. Transportation is a breeze with the 2, 3, 6, B, and C subway lines all nearby. Residence B805 may be sublet for two out of every five years after living in it for 6 months. Capital assessment of $83.33/mo for Local Law 11 through May 2027. Some photos in the listing are virtually staged. ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 2 - **Rooms**: 4 - **Sqft**: 1,022 sqft - **Stories**: 12 - **Year Built**: 2006 - **Price per Sqft**: $974 - **Common Charges**: $652 / Monthly - **Listed On**: Sep 12, 2026 - **Days on Market**: 1 Days ### Residence Features - Common On Floor - Building Courtyard - Building Roof Deck - City ## Sales Evidence ### Recent closed sales 30 apartments at 40 West 116th Street have recorded sales since September 2021, the most recent for $1,450,000 in July 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | [PHB1101](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10026/40-west-116th-street-phb1101-PHB1101-ny-10026) (Duplex) | 2 | 1,436 | $1,450,000 | $1,010/ft² | July 28, 2026 | MLS | | A-1208 (Apartment) | 3 | 1,496 | $1,305,000 | $872/ft² | May 11, 2026 | City record · MLS | | A907 (Apartment) | 3 | 1,412 | $1,425,000 | $1,009/ft² | May 8, 2026 | City record · MLS | | B401 (Apartment) | 1 | 725 | $656,500 | $906/ft² | January 16, 2026 | City record · MLS | | B302 (Apartment) | 2 | 1,145 | $950,000 | $830/ft² | December 10, 2025 | City record · MLS | | A914 (Apartment) | 2 | 910 | $870,000 | $956/ft² | November 6, 2025 | City record | | A313 (Apartment) | 2 | 1,150 | $999,000 | $869/ft² | July 23, 2025 | City record · MLS | | A1206 (Apartment) | 2 | 1,255 | $1,210,000 | $964/ft² | May 19, 2025 | City record · MLS | | B310 (Apartment) | 2 | 1,086 | $960,000 | $884/ft² | January 16, 2025 | City record · MLS | | A709 (Apartment) | 2 | 1,075 | $1,055,000 | $981/ft² | July 17, 2024 | City record · MLS | | B708 (Apartment) | 3 | 1,386 | $1,290,000 | $931/ft² | June 26, 2024 | City record · MLS | | B806 (Apartment) | 2 | 1,022 | $980,000 | $959/ft² | June 18, 2024 | City record · MLS | | A611 (Apartment) | 2 | 1,184 | $1,070,000 | $904/ft² | March 15, 2024 | City record · MLS | | B209 (Apartment) | 2 | 1,148 | $1,250,000 | $1,089/ft² | February 14, 2023 | City record · MLS | | A-505 (Apartment) | 3 | 1,323 | $1,287,000 | $973/ft² | February 8, 2023 | City record · MLS | | B-406 (Apartment) | 2 | 1,022 | $880,000 | $861/ft² | October 21, 2022 | City record · MLS | | A-501 (Apartment) | 1 | 750 | $649,999 | $867/ft² | September 29, 2022 | City record · MLS | | A506 (Apartment) | 2 | 1,184 | $1,150,000 | $971/ft² | July 19, 2022 | City record · MLS | | B906 (Apartment) | 2 | 1,099 | $1,240,000 | $1,128/ft² | July 15, 2022 | City record · MLS | | B-408 (Apartment) | 3 | 1,386 | $1,374,000 | $991/ft² | July 7, 2022 | City record · MLS | | A916 (Apartment) | 2 | 830 | $925,000 | $1,114/ft² | June 30, 2022 | City record · MLS | | A1001 (Apartment) | 1 | 743 | $665,000 | $895/ft² | June 21, 2022 | City record | | B-1006 (Apartment) | 2 | 1,099 | $1,020,000 | $928/ft² | May 31, 2022 | City record · MLS | | A-516 (Apartment) | 2 | 830 | $810,500 | $977/ft² | May 9, 2022 | City record · MLS | | B1102 (Apartment) | — | 1,605 | $1,875,000 | $1,168/ft² | April 8, 2022 | City record | | B-803 (Apartment) | 3 | 1,386 | $1,355,000 | $978/ft² | February 23, 2022 | City record · MLS | | B-809 (Apartment) | 2 | 1,143 | $1,060,000 | $927/ft² | December 29, 2021 | City record · MLS | | A-904 (Apartment) | 4 | 1,732 | $2,210,000 | $1,276/ft² | December 3, 2021 | City record · MLS | | A616 (Apartment) | 1 | 830 | $785,000 | $946/ft² | November 2, 2021 | City record | | A411 (Apartment) | 2 | 1,184 | $1,120,000 | $946/ft² | September 22, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable two-bedroom sales at 40 West 116th Street is $1,020,000, based on 17 sales between September 2021 and December 2025. This home is asking $995,000, $25,000 below that median. The middle half of those sales closed between $950,000 and $1,120,000. - **Median closed price**: $1,020,000 - **Middle half**: $950,000 – $1,120,000 - **Based on**: 17 two-bedroom sales at 40 West 116th Street - **Period**: September 2021 – December 2025 - **Median $/ft²**: $956/ft² Across the 11 of these sales with a published asking price, the median closed at 95.9% of what it originally asked. 82% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 95.9% of the original ask - **Closed below ask**: 82% of 11 sales - **Listed → in contract**: 126 days (about 18 weeks) - **In contract → closed**: 62 days (about 9 weeks) Across the 11 of these sales with a published asking price, the median closed at 95.9% of what it originally asked. 82% of them closed below the original ask. Half of these homes were in contract within 126 days (about 18 weeks) of coming to market, based on the 14 with a recorded listing date. Once a deal was agreed, closing took a further 62 days (about 9 weeks), based on the 14 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 17 two-bedroom sales at 40 West 116th Street, September 2021 – December 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median price per square foot for sales at 40 West 116th Street, 2016 to 2026. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year. | Year | Median $/ft² | Sales | | --- | --- | --- | | 2016 | $1,058/ft² | 3 (thin) | | 2017 | $1,075/ft² | 8 | | 2018 | $1,058/ft² | 6 | | 2019 | $964/ft² | 7 | | 2020 | $942/ft² | 4 (thin) | | 2021 | $946/ft² | 11 | | 2022 | $977/ft² | 11 | | 2024 | $945/ft² | 4 (thin) | | 2025 | $884/ft² | 5 | | 2026 | $906/ft² | 3 (thin) | Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 40 West 116th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-west-116th-street) ## Price and Property History for 40 West 116TH Street, Unit B805 Review the recorded listing activity for 40 West 116TH Street, Unit B805, including asking-price changes and prior market dates. - **Last sold (recorded)**: $985,000 on March 1, 2019 | Date | Price | Listing event | | --- | --- | --- | | March 1, 2019 | $985,000 | Sold — recorded sale price | | November 12, 2018 | $985,000 | Entered contract | | October 10, 2018 | $985,000 | Listed for sale by Compass | ## About The Building ### 40 West 116th Street Harlem · Condominium 40 West 116th Street, New York, NY 10026 A building in Harlem, currently featuring 5 active listings. - **Year Built**: 2006 - **Total Units**: 5 - **Floors**: 12 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-west-116th-street) ### Available Residences — For Sale (5) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [B805](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10026/40-west-116th-street-b805-ny-10026) | 2 | 2 | 1,022 sqft | $974 | $995,000 | Digs Realty Group LLC | Sep 12, 2026 | 1 days | | [A307](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10026/40-west-116th-street-a307-A307-ny-10026) | 2 | 2 | 950 sqft | $816 | $775,000 (-3.0%) — In contract | Compass | Jan 21, 2026 | 235 days | | [B304](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10026/40-west-116th-street-b304-B304-ny-10026) | Studio | 1 | 484 sqft | $824 | $399,000 (-11.3%) | Compass | May 26, 2026 | 110 days | | [A916](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10026/40-west-116th-street-a916-ny-10026) | 2 | 1 | 830 sqft | $1,084 | $900,000 | Berkshire Hathaway HomeServices New York Properties | Sep 4, 2026 | 9 days | | [B301](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10026/40-west-116th-street-b301-ny-10026) | 1 | 1 | 725 sqft | $917 | $665,000 | Compass | Sep 10, 2026 | 3 days | ## Estimated Monthly Payment **$5,683 / month**, assuming a 20% down payment ($199,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $5,031 - **Common Charges**: $652 Estimates only. Actual payments may vary. Confirm terms with your lender. ## South Harlem Overview of South Harlem [Explore South Harlem](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/south-harlem) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby South Harlem - [Morningside Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights) - [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem) ## Related Links - [40 West 116th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-west-116th-street) - [South Harlem neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/south-harlem) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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.