Manhattan condos · below 96th $1,600/sf ▴2%Manhattan co-ops · below 96th $270K/room ▴2%Central Park perimeterPark Ave $478K/room ▴19%CPW $355K/room ▾5%Fifth Ave $501K/room ▴19%Billionaires' Row $4,313/sf ▴24%FiDi $1,172/sf ▾2%
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Condominium
The Lore
261 West 112th Street, between Adam Clayton Powell Jr. and Frederick Douglass Boulevards · Harlem
Buildings·Harlem·Condominium

The Lore, 261 West 112th Street

261 West 112th Street, between Adam Clayton Powell Jr. and Frederick Douglass Boulevards · Harlem

BBL 1018287506 · BIN 1088153

CorridorHarlem
At a glance
Type
Condominium
Landmark
No
Amenities
Elevator, part-time door coverage, virtual entry, resident superintendent, roof deck, garden, fitness center, community room and storage
The Data Room

Every recorded sale at this building, 2010–2025

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$931
Listing discount
4.1%
Recorded sales
48
On record
2010–2025
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at The Lore would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.

The Lore is a six-story condominium whose curved balconies distinguish its West 112th Street façade. Architect Steven Gaetano designed the building for Gateway IV LLC. It combines one- and two-bedroom apartments with shared outdoor space and a substantial collection of amenities for a mid-rise property.

The project was marketed in 2008 and began individual closings in 2010. It also has an affordable component: the Attorney General's public filing summary identifies ten apartments set aside under HPD and Cornerstone subsidy arrangements. Those homes were designated for eligible purchasers and accompanied by enforcement notes and mortgages.

Its location places the building between two Harlem boulevards, two blocks north of Central Park and near Morningside Park. The mid-block entrance sits away from the avenue corners. Apartments with south-facing windows have a different orientation from homes overlooking the rear garden, while balconies extend selected living rooms outdoors.

Architecture and unit composition

The new-building filing proposed six stories and 36 residences. The apartments were offered primarily as one- and two-bedroom homes. The recorded resale inventory includes one-bedrooms around 630 to 660 square feet and larger two-bedroom plans around 1,060 square feet, alongside penthouse configurations.

Many larger homes combine two bedrooms with two full bathrooms. Open kitchens connect to living-and-dining rooms, and selected plans have broad south-facing window walls. Balconies are a recurring architectural feature, but their dimensions and relationship to the main room vary by position.

Interior details include wood floors, high ceilings and crown moldings. The original specification used substantial kitchen appliances and stone finishes in bathrooms. In-unit washers and dryers are part of the apartment equipment. Later renovations should be evaluated as changes to the particular home, since the building's original fit-out does not describe every resale interior today.

Penthouse homes introduce roof-level exposure and, in selected configurations, private outdoor areas. The number of bedrooms does not by itself distinguish a penthouse from a standard-floor apartment: some upper homes remain compact one-bedrooms. Ceiling height, outdoor access and the amount of enclosed living space need to be read together.

The balconies contribute to the building's recognizable street elevation. Their projection and curved edges affect the shape of usable outdoor space. A balcony connected directly to the living room offers a different use from a private roof area reached separately from the apartment.

Building operations

The Lore combines part-time door coverage with virtual entry and a resident superintendent. A fitness room, garden and roof deck serve the association. A community room with a kitchen was included in the original amenity program, and storage was assigned with the apartments at the initial offering.

These facilities distribute activity across the building: exercise space indoors, a garden at the rear and a deck above. The current hours of door coverage and the allocation of a particular storage cage should be confirmed with the managing agent. They are practical details of the service package attached to the home.

The building retains an active 25-year 421-a benefit on the 2027 roll, with a 2011 start year. Each residential tax lot is Class 2, without an assessment-growth cap. The exemption's term and eventual phase-down are separate from the condominium's monthly common charges.

The DOB new-building job received a 2014 sign-off.

Recent sales

Recent closings at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.

DateUnitApartmentPricePPSFvs. Ask
May 20, 20255E
2 BR · 2 BA · 1,061 sf
$988,000$931/sf-0.7%
Aug 20, 20245A
2 BR · 2 BA · 1,061 sf
$995,000$938/sf+4.7%
Jun 15, 20212F
1 BR · 1 BA · 631 sf
$699,000$1,108/sf+0.0%
Jun 1, 2021PH6D
2 BR · 2 BA · 1,061 sf
$1,275,000$1,202/sf+2.1%
Jan 8, 2021PHA
2 BR · 2 BA · 1,061 sf
$1,219,880$1,150/sf-8.3%
Aug 16, 20191B
2 BR · 2 BA · 1,061 sf
$995,000$938/sf+1.0%
Aug 10, 20175B
2 BR · 1,061 sf
$1,100,000$1,037/sf+0.0%
Aug 26, 2016PHF
1 BR · 631 sf
$705,000$1,117/sfoff-mkt

Market read. Most recent trades (2025) cleared a median $931/sf across 1 sale. Median listing discount 4.1% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

5B · 1,061 sf+64%
$670,000 ($631/sf) 2011 → $1,100,000 ($1,037/sf) 2017
1B · 1,061 sf+62%
$615,000 ($580/sf) 2010 → $995,000 ($938/sf) 2019
PHC · 661 sf+61%
$510,000 ($772/sf) 2011 → $820,000 ($1,241/sf) 2015
PHA · 1,061 sf+56%
$782,016 ($737/sf) 2011 → $1,219,880 ($1,150/sf) 2021
PHF · 631 sf+55%
$456,300 ($723/sf) 2010 → $705,000 ($1,117/sf) 2016
View all 48 recorded sales, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01828-7506) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.

Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.

The Roebling Report

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What to know if you’re buying

Establish whether the apartment belongs to the affordable set-aside. The building contains both market-rate ownership and a group originally subject to HPD eligibility and enforcement documents. A market-rate resale elsewhere in the building doesn't carry over to one of those designated homes. The recorded restrictions attached to the specific apartment determine the applicable purchase and resale requirements.

Comparable buildings

  • 2110 Frederick Douglass Boulevard: A condominium from the same development period with a similar apartment inventory.
  • Delany Lofts: A mid-rise condominium of comparable scale a few blocks north.
  • Parc Standard: A smaller-inventory condominium in a taller configuration near the same park access.
  • Parc North: A more recent condominium on the same street with a smaller association.
  • One Morningside Park: A tower alternative for buyers weighing height, views and a larger ownership community.

More Harlem buildings

The neighborhood

For the full corridor — architecture, transit, and pricing across Harlem — read The Roebling Team Guide to Harlem.

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

Considering a move at The Lore?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com