Today, we will be initiating a new segment, call "On The Market". The idea is to occasionally give viewers a sense of pricing for both rentals and sales in various areas.
Our first "On The Market" segment looks at an attractive rental in South Central Harlem, a 2 bedroom/2bath that measures 1215 SF. The apartment is in a new condo building that just opened named "The Palomar" at 266 West 115th Street. The building is a 7-story structure with only 15 units. The building features elevator, storage and video intercom security. This apartment was sold to an investor (by A. Fine Company) who eventually plans to live in it and paid $655,000.. Additional apartments in the building are available for sale with the same layout for slightly higher prices. The apartment features a huge living room with juliet balcony, plenty of room for a dining area, gourmet granite kitchen with stainless steel appliances, 2 full marble baths, large master bedroom, ample 2nd bedroom, plenty of light, and a washer/dryer in the unit. The apartment is available for a 1 year lease with possible option for a 2nd year.
If you haven't been to this part of Harlem in a couple of years, the progress of the neighborhood will likely stun you. Many of the gorgeous prewar town homes have been restored, and where there once was blight and vacant lots, high quality condos have taken their place. The area is conveniently located with both the 2/3 and the B/C trains within 2 blocks. Wining and dining options are flourishing in the area, and of course you can always treat yourself to Harlem classics like Lenox Lounge and Sylvia's nearby. For those looking for luxury in a convenient location at prices that are 40%+ less than just a mile South, condos like this one are a solid option. For more info, check: