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229 West 116th Street 2BNew York, NY 10026

For Sale

$850,000

Smart Buyer Rebate $8,750

  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. 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. 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.  

Listed by Yair Tavivian

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License #10301212650

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Douglas Elliman Real Estate

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(212) 319-4109

Last updated September 08, 2025

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Source: REBNY #RLS20016171

Listing Facts

  • TypeCondo
  • NeighborhoodCentral Harlem
  • Bedrooms2
  • Bathrooms1.5
  • Days on Prevu151
  • HOA/Maint. Fees$620/month
  • Size1,007 sqft
  • Price per sqft$844

Amenities

  • Private Outdoor Space
  • Pets Allowed

Location

Mortgage Calculator

Listing History

09/08/2025
Price Decreased
$850,000
05/12/2025
Price Decreased
$900,000
04/12/2025
Listed by Douglas Elliman Real Estate
$950,000

Estimated Closing Costs

Total
$26,415
Attorney Fees
$4,000
Title Insurance
$3,825
Bank Attorney
$1,500
Mortgage Recording Tax
$13,090
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $850,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 229 West 116th Street 2B

Association

Amenities

  • Pets Allowed: Building Yes, Yes

Fees

  • Association Fee: $620.00 Monthly

Compensation

Commissions

  • Buyer Agency Compensation: 2.5Percent

Exterior

Construction

  • Number Of Units Total: 16
  • Property Condition: Excellent
  • Stories Total: 6
  • Structure Type: High Rise
  • Year Built: 1910
  • Building Name: CASA LOMA
  • Entry Level: 2

Features

  • View: City

Interior

Measurements

  • Living Area: 1,007
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Rooms Total: 4

Other

Location

  • City Region: Manhattan
  • Subdivision Name: South Harlem
  • Tax Block: 01922
  • Tax Lot: 7501

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: In Unit

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.