Key Details

Listed: Oct 16, 2024

Days on Market: 20

Building Type: Condominium

Neighborhood: Harlem (Manhattan)

Doorman: FT Doorman

Monthly Common Charges: $1,147

Monthly Real Estate Taxes: $486

Total Taxes & Fees: $1,633 ($1.73/ft²)

Est. Monthly Mortgage: $6,626

Total Est. Monthly Carrying Cost: $8,259 ($8.75/ft²)

Note: the above is based on a down payment of 20% ($250,000), which is the minimum amount permitted by the building.

Description

2BR/2BA Condo Investment Property Welcome to your next investment opportunity. This attractive 2-bedroom, 2-bathroom condo boasts a seamless blend of comfort and convenience. Great tenant in place, the hard part has already been taken care of.

It’s a smart move for savvy investors seeking a turnkey solution in a sought-after neighborhood. Embrace this investment opportunity. In the heart of Harlem’s restaurant row, this boutique condominium is well maintained and a community that offers both tranquility and city connections, each room of this residence tells a story of style and function. Whether you’re savoring a morning espresso or enjoying an evening breeze, the inviting balcony space adds an element of relaxation to urban life.

About The Morningside Condominiums, 306 West 116th Street

The Morningside Condominiums, 306 West 116th Street has received a CityRealty Rating of 70, based on:

Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

Out of 44

Out of 36

Out of 39

Out of 119

Architecture Rating: Points Breakdown

Exterior:

Distinguished 6 out of 8 points

Retail Quality:

Attractive 4 out of 5 points

Canopy Entrance:

No Canopy 1 out of 3 points

Alterations:

None 2 out of 2 points

Plaza Or Atrium:

None 0 out of 3 points

Contextual Design:

Yes and Good 2 out of 3 points

Skyline:

Exists 1 out of 2 points

Local Visibility:

Partially Visible 1 out of 2 points

Watertank:

Attractively Enclosed 2 out of 2 points

Airconditioners:

Not Allowed 2 out of 2 points

Free Standing:

No 0 out of 2 points

Gargoyles:

None 0 out of 2 points

Garden:

None 0 out of 2 points

Fenestration:

Consistent 1 out of 1 points

Landmark:

No 0 out of 2 points

Unity:

Unified Design 1 out of 1 points

Illumination:

None 0 out of 1 points

Water Element:

None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:

Attractive / Pleasant 3 out of 5 points

Distance To Neighborhood Center:

Less than 10 blocks 5 out of 5 points

Views:

Open 2 out of 4 points

Neighborhood Ambience:

Attractive 2 out of 3 points

Traffic Noise:

Considerable 1 out of 3 points

Protected Views:

Only Top Floors 1 out of 2 points

Distance To Subway:

3-5 Short Blocks 1 out of 2 points

Firedepartment Noise:

No Noise 2 out of 2 points

Distance To Supermarket:

Less than 3 Short Blocks 2 out of 2 points

Distance To Park:

3-6 Short Blocks 1 out of 2 points

Distance To Water:

More than 6 Short Blocks 0 out of 2 points

Shopping:

5 or less Short Blocks 2 out of 2 points

Schools:

No Noise 1 out of 1 points

Noise From Nightlife:

None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:

Minimal but Attractive 2 out of 5 points

Units Per Floor:

2 4 out of 5 points

Ceiling:

8-9 Feet 1 out of 4 points

Balconies:

Many 2 out of 3 points

Health Club:

None 0 out of 2 points

Private Gardens:

None 0 out of 2 points

Storage Rooms:

Considerable 2 out of 2 points

Bay Windows:

None 0 out of 1 points

Fireplaces:

None 0 out of 1 points

Door Person:

None 0 out of 1 points

Concierge:

None 0 out of 1 points

Elevator Person:

None 0 out of 1 points

Recreational Roof:

Yes 1 out of 1 points

Driveway:

None 0 out of 1 points

Maids Room:

None 0 out of 1 points

Catering:

None 0 out of 1 points

Garage:

None 0 out of 1 points

Mixed Use:

Yes 1 out of 1 points

Non Rectilinear Form:

No 0 out of 1 points

Unusual Layouts:

Some 1 out of 1 points

Prewar:

No 0 out of 1 points

Other Amenities:

Some 1 out of 2 points

Condo
Built in 2007
14 Apartments
8 Floors

Building Amenities

FT Doorman
Post War
Resident Storage
Central AC
Rooftop Terrace
Elevator
Fitness Center
Rooftop Terrace
On-Site Parking
Outdoor Entertainment Space
In-Unit Washer/Dryer
Bike Room
Terraces / Balconies
Virtual Doorman

About this Building

Pros

Virtual doorman
Handsome mid-block building
Recreation room
Storage
Bicycle room
Roof deck
Close to Subway

Cons

No swimming pool
No doorman
No sidewalk landscaping

Map View | Street View

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Subways

at Frederick Douglass Blvd 0.08 miles

at Lenox Ave 0.38 miles

at Broadway 0.47 miles

at Saint Nicholas Ave and 127th 0.50 miles

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The Morningside Condominiums, 306 West 116th Street, #3B

The Morningside Condominiums, 306 West 116th Street has received a CityRealty Rating of 70, based on:

Rating Summary

Architecture Rating: Points Breakdown

Location Rating: Points Breakdown

Features Rating: Points Breakdown

Building Amenities

Map View | Street View

Subways

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The Morningside Condominiums, 306 West 116th Street, #3B

Key Details

Description

Apartment Amenities

Pricing History

About The Morningside Condominiums, 306 West 116th Street

The Morningside Condominiums, 306 West 116th Street has received a CityRealty Rating of 70, based on:

Rating Summary

Architecture Rating: Points Breakdown

Location Rating: Points Breakdown

Features Rating: Points Breakdown

Building Amenities

Map View | Street View

Subways

Other Apartments Available in this Building (1)

Pricing comparison

Buy & Sell

Rent

Buildings

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Company