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40-46 W 116th St - Kalahari - MIST Commercial Condominium
22,600 SF Retail Unit Offered at £16,985,214 in New York, NY 10026
Investment Highlights
- Turnkey Complete Buildout. Unique property
Executive Summary
The Kalahari Condominiums are a Gold LEED Certified green building with very low energy costs that are extended to the building residents. The building also features a 24/7 doorman, package room, cold storage, bike storage, laundry on every floor, a parking garage, complimentary High Speed WiFi in all Public Areas, Optic Cable & Internet Wiring in All Homes, 2 sound-proofed music practice rooms, a party/meeting room, live-in Resident Manager, State of the art fitness center, Library, children’s play room, 2 roof decks and a beautiful landscaped courtyard with community herb garden. It is near the 2, 3, 6, B, and C subway stations as well as Central Park, Marcus Garvey Park, The building has a 25-year Tax Abatement. Video 46 West 116th St https://vimeo.com/919726761?share=copy
Property Facts
| Price | £16,985,214 | Sale Type | Investment or Owner User |
| Unit Size | 22,600 SF | Building Class | B |
| No. Units | 1 | Number of Floors | 12 |
| Total Building Size | 364,007 SF | Typical Floor Size | 14,500 SF |
| Property Type | Residential (Unit) | Year Built | 2008 |
| Property Subtype | Apartment | Lot Size | 0.33 AC |
| Price | £16,985,214 |
| Unit Size | 22,600 SF |
| No. Units | 1 |
| Total Building Size | 364,007 SF |
| Property Type | Residential (Unit) |
| Property Subtype | Apartment |
| Sale Type | Investment or Owner User |
| Building Class | B |
| Number of Floors | 12 |
| Typical Floor Size | 14,500 SF |
| Year Built | 2008 |
| Lot Size | 0.33 AC |
1 Unit Available
Unit 1
| Unit Size | 22,600 SF | Unit Use | Retail |
| Price | £16,985,214 | Sale Type | Investment or Owner User |
| Price Per SF | £751.56 |
| Unit Size | 22,600 SF |
| Price | £16,985,214 |
| Price Per SF | £751.56 |
| Unit Use | Retail |
| Sale Type | Investment or Owner User |
Description
Commercial Condo -Purchase the entire unit or it can be subdivided into 2 or 3 commercial condo's; theater, restaurant, and office/event space with outdoor courtyard space.
Purchase the entire space for $19,500,000 or a condo unit for $6,500,000 for each separate unit @ approximately 7,500 sqft per unit.
It has a 25 year tax abatement wirh 8.5 years remaining.
Sale Notes
Commercial Condo for Sale
MIST THEATER ARTS AND ENTERTAINMENT MECCA
Located in Harlem's 116th St Retail District
Unique State of the Art Multi Media Center
It is a Theater
MIST Studio features 4K Ultra High Definition projection and screening, broadcasting, and audio visual production, seating, lighting, stage, and curtains.
It is a Restaurant that can also be used as a
Culinary School.
This vented restaurant has a fully equipped kitchen and bar. Beer and wine license can be obtained.
It Is an Office/Retail and Event Space with a 2,500 sqft Courtyard
A great place for a business, not for profit, arts center, or retail store.
This entire commercial space consists of 20,000 sqft of retail, 2,000 sqft of mezzanine/office, 150 sqft frontage, and 2,500 sqft outdoor space.
This space can be re-configured to meet your needs. It can be subdivided into three commercial condominiums @ 7,500 sqft per unit with each having its own separate entrance.
It is sound proof and has 20 FT ceilings.
Let's discuss the possibilities. Schedule an ppointment today!
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2 | 249 | - | - |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Security System
- Public Transportation
zoning
| Zoning Code | C4-5X |
| C4-5X |
-
Elaine Perry -
Perry Associates NYC Inc.
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40-46 W 116th St - Kalahari - MIST Commercial Condominium
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