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.

229 West 116th Street, Unit 2B

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Introducing 2B at 229 West 116th Street- A bright, character-filled 2-bedroom, 1.5-bath loft with soaring 11-foot ceilings, exposed brick, and newly refinished oak floors. With a smart layout, low monthlies, and turnkey condition, it’s both a beautiful home and a strong long-term investment, with tenants in place until June 2027 with a 4.5% cap rate.

The sun-drenched living and dining area faces south with oversized windows and flows into a stylish, windowed kitchen with granite countertops, stainless steel appliances, and ample cabinetry. Both bedrooms are located at the quiet rear of the home, offering peaceful, light-filled retreats. The oversized primary bath features subway tile, Kohler fixtures, and a rainfall shower. Additional highlights include a full-size in-unit washer/dryer, multiple ELFA closets, built-in shelving, and a deeded storage unit.

Casa Loma offers a restored brick lobby, bike storage, and a 4,000 SF landscaped roof deck with panoramic views of Central Park, the Manhattan skyline, and Columbia University. Just moments from the 2/3/B/C trains, Central Park, and Harlem’s best cafés, restaurants, and green spaces-this is downtown style, uptown. This 16-unit elevator building was completely gut renovated in 2006, blending historic charm with modern convenience.



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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