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Kalahari 2013

Started by uwshunter
over 12 years ago
Posts: 10
Member since: Mar 2012
http://streeteasy.com/nyc/sale/1016560-condo-40-west-116th-street-central-harlem-new-york just bought 3 months ago for $750k and now selling for $875k... is that legal?? and how do you price the terrace?
Response by muromec
over 12 years ago
Posts: 323
Member since: Oct 2009

its in a contract already

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Response by sdeniseed
over 12 years ago
Posts: 64
Member since: Nov 2010

Supply and demand

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Response by therellchapter
about 12 years ago
Posts: 10
Member since: Mar 2012

@uwshunter yes its priced well and the market is on fire right now. It may go down to 750 again but eventually go back up.

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Response by muromec
about 12 years ago
Posts: 323
Member since: Oct 2009

2 br 2 ba for 875 k is gone ,already in contract
an other 2 br 2 ba just went into contract for 975k
check The Adeline , across the Kalahari , 2 br 2 ba high floors from 970K and above!

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Response by muromec
about 12 years ago
Posts: 323
Member since: Oct 2009

Check One Morninside Park , 2 br 2 ba 1100 sq ft for 1.6 Mln
After that tell me that Kalahari with kids room , garage , gym , roof top terr, green building , energy savings , meeting rooms , courtyard, storage , bike room , huge and great lobby , close to subway and 5th ave bus, 5 blocks to central park is not a VALUE for 800k!

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Response by muromec
about 12 years ago
Posts: 323
Member since: Oct 2009

show me , where you can get 700-800 $ /sq ft in a full svc building- not even manhattan , but Brooklyn

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Response by sdeniseed
about 12 years ago
Posts: 64
Member since: Nov 2010

$900 per square foot is cheap for the Kalahari. In 2 months the person selling for $975,000 will kick themselves because it will be worth $1.1. That's the way the game goes. All about supply and demand.

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Response by muromec
about 12 years ago
Posts: 323
Member since: Oct 2009

Agree. Prices at kalahari will be very close to the Adeline where price is around 1000/ sq fr for now, before price increase and before official sales started

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Response by RA160
almost 12 years ago
Posts: 0
Member since: Mar 2014

I agree. Prices at Kalahari are very reasonable, even cheap, compared to pricing at the Adeline and compared to where pricing is going in the neighborhood. It's a great building and you get more in terms of amenities than you'll get in any building on the UWS or UES for that price.

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Response by RA160
almost 12 years ago
Posts: 0
Member since: Mar 2014

Yeah Kalahari is a great building at a great price right now. Get in before prices increase to Adeline level. This is the time to buy.

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Response by RA160
almost 12 years ago
Posts: 0
Member since: Mar 2014

How come my comments aren't being accepted?

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Response by muromec
almost 12 years ago
Posts: 323
Member since: Oct 2009

Within 1 month 6 apts went into the contracts.....

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Response by alanhart
almost 12 years ago
Posts: 12397
Member since: Feb 2007

But isn't this in Harlem?

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Response by muromec
almost 12 years ago
Posts: 323
Member since: Oct 2009

Yes , it is!
2 br 2 ba was priced 630-700k in 2008 , and now its 950k-1.19 mln in Harlem!

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Response by huntersburg
almost 12 years ago
Posts: 11329
Member since: Nov 2010

Any sales today?

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Response by muromec
almost 12 years ago
Posts: 323
Member since: Oct 2009

all 7 in a contract.... within one month .... it means all 7 units were underpriced

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Response by Yofi207
over 11 years ago
Posts: 1
Member since: May 2013

great building and still uner priced !

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Response by Mestatenyc
over 10 years ago
Posts: 24
Member since: Dec 2013

is the neighborhood safe?

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Response by muromec
over 10 years ago
Posts: 323
Member since: Oct 2009

now you have two units priced @ 1.2 m and 1.15 mln... check my posts from 1.5-2 y ago....

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Response by fieldschester
over 10 years ago
Posts: 3525
Member since: Jul 2013

>now you have two units priced @ 1.2 m and 1.15 mln... check my posts from 1.5-2 y ago....

Sure, because we have nothing better to do

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Response by front_porch
over 10 years ago
Posts: 5321
Member since: Mar 2008

@mestate, I am seller's broker on a listing at 1400 Fifth (around the corner from the Kalahari -- this is not a plug as we already have a signed contract) and I have gone up to the neighborhood both during the day and at night, and yes, I would consider it safe, though not as gentrified as some other parts of Harlem.

ali r.
{downtown broker}

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Response by muromec
over 10 years ago
Posts: 323
Member since: Oct 2009

Huge price jump over the last 3 years- recently listed two 2 br 2 ba apartments are already in contract for 1.2 mln and 1.15 mln..... wowww.. Where is the limit? How much will be next listing?

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Response by muromec
over 10 years ago
Posts: 323
Member since: Oct 2009

There is a new listing again- 1.2 mln for 2b2ba but lower floor. When can we see higher price?

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