11 West 116 Street   Unit 5D

INVESTMENT UNIT. LEASED UNTIL 4/30/2025. CAP RATE 3.6%. Brand new SOUTH FACING 1 BdRm 1 bath condo residence at the PATAGONIA, a ground up 12 story development just now completed in South Harlem! Full-sized vented LG washer/dryer. Central HVAC. 641 SqFt (60 m2).Tree-lined street views. Large windows. Wide plank white oak floors.Open kitchen features Calacatta marble counter-tops and Rocchetta backsplashes. GE, Whirlpool, and Kitchen-Aid appliances.Bathroom appointed in Mosaic and porcelain tile, with Mountain Carrara quartz vanity and textured wood cabinets.Designed by Aufgang Architects and built in 2023 by Press Builders, the PATAGONIA is located only 6 blocks from Central Park, just north of the historic district, within close proximity to Columbia University, Marcus Garvey Park, Morningside Park, East River Plaza Mall and a wide array of restaurants and shops. Food Bazaar, Lidl Grocery Store, Lincoln Market, and Whole Foods are all nearby with Trader Joes and Target expected to open this year at the Urban League Empowerment Center.The PATAGONIA is ideally situated within a cultural hot spot of museums, galleries, and entertainment options, including the live music venues and late-night lounges which showcase Harlem's vibrant nightlife scene.Convenient to transportation with easy access to 2,3,4,5 & 6 subway lines and buses 102, M7 and the 116th Street Crosstown.Part-time concierge during peak hours and virtual doorman services combine optimum functionality with state-of-the-art technology and security.Amenities include: Southwest common corner roof terrace with gas grill, naturally lit fully equipped gym, playroom, bike room, package room, and stroller storage.Pets allowed.Please contact us today for a showing!THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD21-0219. The artist and computer renderings, photographs, interior decorations finishes, fixtures, appliances and furnishings are provided for illustrative purposes. Sponsor makes no representation warranties except as may be set forth in the Offering Plan. Equal Housing Opportunity.