Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Sold on 7/17/2024 for $2,500,000

112 E 123rd Street
Interested in this property?
Closed For Sale Multi Family

$2,500,000

$397 per sq ft

112 E 123rd Street

East Harlem, Manhattan

MLS® #RLS10989592

RLS at REBNY

Listing by Nest Seekers LLC

13

Bedrooms

8

Baths

6,300

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 13
Bathrooms 8
Living Area 6,300 sq ft
Lot Size 1,980.74 sq ft
Year Built 1900
Ownership None
Property Taxes $4,340/yr
Neighborhood East Harlem

Property Highlights

  • Style: Prewar,WalkUp architecture
  • Character: Pre-war building (1900)

Property Details

Type Multi Family
Ownership None
Total Rooms 30
Baths 8 Full
Pets Yes
Cross Street Park Avenue/Lexington Avenue
Year Built 1900
Living Area 6,300 sq ft
Architectural Style Prewar,WalkUp
Structure Type MultiFamily,Townhouse
Lot Size 1,980.74 sq ft
Parcel # 1771-0067
Block/Lot 1771/67

Description

Presenting a remarkable income-producing building situated in the heart of East Harlem, this spacious townhouse boasts a generous width of 20 feet and a depth of 63 feet. With its ten-foot ceilings, exposed brick accents, charming garden, and updated mechanicals, this property offers a perfect blend of modern comforts and timeless appeal. 112 E 123rd Street showcases four entirely free-market units, providing flexibility and potential for lucrative returns. Additionally, an accessible rooftop adds further value to this exceptional property. Its prime location in close proximity to Harlem's renowned restaurants and efficient transportation options ensures convenience and accessibility for both residents and tenants. Makes this investment opportunity even more enticing, promising attractive financial returns. Furthermore, the property benefits from a low property tax of just $4,348, enhancing its profitability potential. With the added advantage of being delivered vacant, this property presents endless possibilities for customization and personalization. Don't miss out on this outstanding chance to secure a sound investment in East Harlem.

Features & Amenities

Interior Features

See Remarks

Exterior Features

Building Roof Deck

Building Information

Stories 5
Structure MultiFamily,Townhouse
Style Prewar,WalkUp

Financial Details

RE Taxes $4,340/yr ($362/mo)
Original Price $2,750,000
Sale Price $2,500,000
Previous Price $2,750,000

East Harlem, also known as El Barrio, is a neighborhood rich in culture, art, and history. Known for its vibrant murals and the historic La Marqueta, the area features a growing number of new residential developments alongside historic buildings. The real estate market offers some of Manhattan's most accessible price points, featuring a mix of historic walk-up cooperatives, value-driven HDFC units, and a surge of new luxury condominium developments that offer modern amenities and easy access to the Upper East Side.

East Harlem Live Market Data

View Neighborhood

Active Listings

51

Median Asking Price

$750K

Median $/Sqft

$871

Avg Days on Market

N/A

New This Week

3

Price Reduced

51%

Sold (30 Days)

2

Median Sale Price

$680K

Live data from RLS at REBNY • Updated 3/20/26, 5:01 AM EST

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Location

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112 E 123rd Street, East Harlem, New York County • Near Park Avenue/Lexington Avenue

Floor Plans

Floor Plan
MLS® ID: RLS10989592
First Listed: 11/29/2023
On Market: 9/12/2022
Price Changed: 1/29/2024
Closed: 7/17/2024
Contract Date: 9/12/2022

Listing Courtesy of Nest Seekers LLC - Jacob Rodriguez

Listing Contact: (347) 879-2424

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/20/2026 at 9:01 AM UTC

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