246 West 116 Street
Harlem, Manhattan
Parcel ID (BBL): 1018310056
Owner: Heritage Affordable Communities
Acquired: June 01, 2022, $6.3 million
Debt: June 01, 2022, $7.3 million
Built: 2005
SF: 37,491
Dwelling units: 32
No. of buildings: 2
Class: Semi-Fireproof With Stores (D7)
Floors: 7
Legacy BBLs: 1018310056
Transactions:
• Heritage Affordable Communities borrowed $7.3 million from NYC Housing Development Corporation for 246 West 116th Street, Harlem, Manhattan on June 01, 2022.
• Company sold 246 West 116th Street, Harlem, Manhattan for $0 to company on June 01, 2022.
• Richard Olson sold 246 West 116th Street, Harlem, Manhattan for $6.3 million to Heritage Affordable Communities on June 01, 2022.
Development:
• Ramandeep Singh filed plans for alteration in Harlem, Manhattan, on September 13, 2023.
• Locust Cove Management Llc filed plans for alteration in Harlem, Manhattan, on November 08, 2022.
• Kabal Singh filed plans for alteration in Harlem, Manhattan, on December 02, 2020.
• Rich Olson filed plans for A3 in Harlem, Manhattan, on December 15, 2020.
• Kenneth Olsen filed plans for alteration in Harlem, Manhattan, on August 07, 2007.
Violations:
According to city public data, the properties have received 16 housing violations and $2,730 in OATH penalties in the last year.