Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $487,500

Listed at $515,000 · Sold 5.3% below asking · Closed May 21, 2021

501 W 123rd Street #2H
Closed For Sale Co-op

$515,000

$736 per sq ft

501 W 123rd Street #2H

Morningside Heights, Manhattan

MORNINGSIDE GARDENS

MLS® #RLS10713587

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

700

Sq. Ft.

1956

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 700 sq ft
Year Built 1956
Ownership Co-op
Maintenance $1,030.69/mo
Parking Garage
Neighborhood Morningside Heights
Floor 2 of 21

Property Highlights

  • Exposure: West facing
  • Climate Control: Window Units
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 2 of 21
Exposure West
Cooling Window Units
Pets Yes
Cross Street Broadway & Amsterdam Avenue
Year Built 1956
Living Area 700 sq ft
Parking Garage Available
Parcel # 1978-0001-00501-000-000002H

Listing History

Event Date Price Change
Listed Apr 25, 2021 $515,000 -
Currently May 14, 2026 $515,000 -

Description

This spacious one bedroom apartment at Morningside Gardens has a large liiving room and open view of the landscaped grounds, There are six closets to satisfy your storage needs. Situated at one of the six buildings at this unique development, there is common laundry, security staff, bike storage and a game room on site. Other amenities inlcude a large fitness center, fully equipped ceramics studio and a woodworking shop. Morningside Gardens is enveloped within a park-like setting, and the pathways are currently being refurbished. Conveniently located between the established and new Columbia University campuses in Morningside Heights, there is also access to Riverside Park, Broadway and Amsterdam Avenue shopping and restaurants, along with numerous public transportation options that include the #1, A,B,C,D subways, M 4. M60 and M104 bus routes.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Courtyard Building Garden

Building Information

Financial Details

Maintenance $1,030.69/mo
Sale Price $487,500

About Morningside Heights

View All Morningside Heights Listings

Morningside Heights is often referred to as the 'Academic Acropolis' of New York, home to Columbia University and the Cathedral of St. John the Divine. Perched on a plateau between Riverside and Morningside Parks, the neighborhood offers a scholarly and serene atmosphere. The real estate market is dominated by grand pre-war cooperatives with high ceilings and classic details, catering to those who appreciate historic architecture and green space.

Morningside Heights Live Market Data

View Neighborhood

Active Listings

52

Median Asking Price

$712K

Median $/Sqft

$1,297

Avg Days on Market

N/A

New This Week

4

Price Reduced

25%

Sold (30 Days)

5

Median Sale Price

$963K

Live data from RLS at REBNY • Updated 5/14/26, 8:37 AM EST

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Location

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501 W 123rd Street #2H, Morningside Heights, New York County • Near Broadway & Amsterdam Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1956
Year Built
70 years old
21
Floors
982
Residential Units
R7-2
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $73,171,800
Land Value: $4,635,000
Exemptions: $1,552,930

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 375,650 SF
Building Area: 1,288,976 SF
Built FAR: 3.43
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,030.69 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 700 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1956, making it approximately 70 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $515,000 for 700 sq ft, the asking price per square foot is approximately $736. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10713587
First Listed: 4/25/2021
Price Changed: 4/25/2021
Closed: 5/21/2021
Contract Date: 4/25/2021

Listing Courtesy of The Corcoran Group - Hank Orenstein

Listing Contact: (646) 596-3005

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 5/14/2026 at 12:37 PM UTC

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