The Adeline at 23 West 116th Street

New York /
Jul.July 10, 2014 01:00 PM
 

The Adeline is giving a boost to Harlem. From L+M, the team behind the African-inspired Kalahari condos on West 116th Street, comes a new full-service condo building at 23 West 116th Street. It’s named for Adeline Waller, the mother of the jazz musician Fats Waller, and the wife of Edward Martin Waller, a prominent Harlem minister during the early 20th century. The 12-story building is home to 83 market-rate, one- to four-bedroom units. As of press time, 66 condos were in contract. The least expensive unit available, a one-bedroom, was asking $830,000. Demand at the development is driving up prices. At press time, the priciest unit, a four-bedroom with a private terrace, was asking $2.95 million. The building has a 15,800-square-foot second-floor courtyard. Construction is slated to be complete by mid-2014. Contact www.theadeline.com or 212-486-3916.

NAMEThe AdelinePRICE RANGEFrom $830,000 to $2,995,000
ADDRESS23 West 116th StreetSIZE RANGEFrom 747 Sq Ft to 1,912 Sq Ft
TYPENew BuildingAVG PPSF$1,263
TOTAL UNITS83TAX ABATEMENTYes
DEVELOPERL+M Development PartnersAVG COMMON CHARGE$0.60/sf
BROKERHalstead Property Development MarketingFINISHED BY2014

Source: Streeteasy, BuzzBuzzHome, TRD, news reports. Data as of early July. List primarily includes Manhattan condo projects that have started sales since Jan. 1, 2010 that have units on market. Projects that started sales since Jan. 1, 2010 that subsequently sold out, have all units in contract or don’t currently have any listings on the market were excluded in most cases. “Price range,” “Size range,” “Avg PPSF (Price Per Square Foot)” and “Common Charge” refer to units currently for sale.

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