The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

1400 Fifth Avenue, Unit 6P

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Welcome home to Unit 6P, a sun-filled and spacious split two-bedroom, two-bathroom residence at 1400 Fifth Avenue.

Enter into a generous living and dining area where oversized windows frame views of the city, bathing the space in natural light. The layout is designed for effortless flow, featuring a pass-through galley kitchen equipped with ample cabinetry, stainless steel appliances (including a dishwasher), and a breakfast bar that connects seamlessly to the entertaining space.

The desirable split-bedroom floor plan ensures maximum privacy. The primary suite is a true retreat, easily accommodating a King-sized bed, and features a massive walk-in closet and an en-suite bathroom. Across the home, the second bedroom is equally spaciousperfect for a guest room, nursery, or home officeand is served by a second full bathroom.

Additional highlights include:

Central Air & Heat.

Hardwood floors throughout.

Incredible closet space, with deep storage in the foyer and bedrooms.

The Building: 1400 Fifth Avenue is an award-winning, eco-friendly condominium known for being one of the first LEED-certified “Green” buildings in NYC. Residents enjoy low monthly costs thanks to a 421-a Tax Abatement in place until 2031.

Amenities include:

24-hour doorman and concierge.

Live-in Super and on-site management.

A landscaped private courtyard garden.

Resident lounge/community room and playroom.

Laundry on every floor.

Bike storage and personal storage (available for a fee/waitlist).

Pet-friendly policy.

The Neighborhood: Located at the corner of 116th Street and 5th Avenue, you are moments from the 2/3 express trains and the 6 train, as well as the Metro-North at 125th Street. Nature lovers will appreciate being just blocks from the northern expanse of Central Park (the Harlem Meer and Conservatory Garden) and Marcus Garvey Park. You are surrounded by Harlems best dining and shopping, including Whole Foods, Sugar Hill Creamery, and the vibrant restaurant row on Lenox Avenue.

Important Notes:

Occupancy: The unit is currently tenant-occupied with a lease expiring on May 31st.

Flip Tax: 3% of the gross sales price (payable by the buyer).



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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