Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
206 E 124th Street #5A
Closed For Sale Condo

$599,000

$799 per sq ft

206 E 124th Street #5A

East Harlem, Manhattan

MLS® #RLS10617433

RLS at REBNY

Listing by Elliman

2

Bedrooms

1.5

Baths

750

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2 full, 1 half
Living Area 750 sq ft
Year Built 1900
Ownership Condo
HOA/Common Charges $498/mo
Property Taxes $6,780/yr
Neighborhood East Harlem
Floor 5 of 1

Property Highlights

  • Views: City
  • Exposure: East,North,South facing
  • Fireplace: Wood-burning or decorative fireplace

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full, 1 Half
Floor 5 of 1
View City
Exposure East,North,South
Pets Yes
Cross Street Third Avenue & Second Avenue
Year Built 1900
Living Area 750 sq ft
Parcel # 1788-1114

Listing History

Event Date Price Change
Listed Apr 3, 2020 $649,000 -
Currently May 18, 2026 $599,000 -7.7%

Description

INVESTORS DREAM! High rent possibilities and extremely low monthlies. This rare and coveted 2 bedroom home has a working fireplace and your own private 800 sf Roof Terrace Oasis, located in a well-run boutique condominium in a prime Harlem locale just 15 minutes on the express train to midtown, 30 to Wall Street. This sunny top-floor apartment is worth the walk up. Enter the spacious living room with soaring 11 feet high ceilings complete with custom storage space, video intercom system, and a fun indoor swing decorated with Balinese wood carving. There is a windowed guest half bath to the south. Past the dining area and the fireplace with firewood storage and additional closet is the windowed galley kitchen with stainless steel appliances, ebony granite counter tops and flooring, abundant custom cabinetry, dishwasher, and washer/dryer unit. The hallway continues to the two bedrooms and modern bathroom with spa-style shower and heat lamp. There are beautiful hardwood floors throughout, custom overhead recessed lighting and large closets in all rooms, with air conditioners behind custom covers. One flight up is your landscaped private roof terrace with an elegant wooden pergola for dining al fresco, perfect for entertaining, exercising, and working from home, this airy, peaceful space is complete with power plugs and fairy lights. There are open endless 360 degree views, ideal for morning espressos and evening ap?ritifs, a very European feel in this rapidly transforming neighborhood full of art galleries, coffee shops, fine dining options and community gardens and parks. Located just 1 block from the 4/5/6 trains and Metro-North, seconds to the FDR, and 15 minutes to La Guardia airport. Perfect starter home, money producing investment opportunity, and pied-?-terre and pet friendly. Building was completely modernized and renovated in 2008 and is financially solid, super low common charges havent increased in several years, no board approval, and easy application process. Contact us to view this charming one-of-a-kind home.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Fireplace

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $498/mo
RE Taxes $6,780/yr ($565/mo)
Original Price $649,000
Sale Price $599,000

East Harlem, also known as El Barrio, is a neighborhood rich in culture, art, and history. Known for its colorful 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

69

Median Asking Price

$745K

Median $/Sqft

$825

Avg Days on Market

N/A

New This Week

3

Price Reduced

30%

Sold (30 Days)

1

Median Sale Price

$2.56M

Live data from RLS at REBNY • Updated 5/18/26, 2:10 AM EST

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Location

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206 E 124th Street #5A, East Harlem, New York County • Near Third Avenue & Second Avenue

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1900
Year Built
126 years old
5
Floors
16
Residential Units
R7B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $841,057
Land Value: $126,000
Exemptions: $0

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

Lot Area: 2,801 SF
Building Area: 10,828 SF
Built FAR: 3.87
Allowed FAR: 3

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 common charges are $498 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $6,780, or roughly $565 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom and 1 half bathroom.

The listed interior living area is 750 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1900, making it approximately 126 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

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

At the current list price of $599,000 for 750 sq ft, the asking price per square foot is approximately $799. 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: RLS10617433
First Listed: 4/3/2020
Closed: 6/21/2021
Contract Date: 4/5/2020

Listing Courtesy of Elliman - Heather Meissner

Listing Contact: (917) 216-7517

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 5/18/2026 at 6:10 AM UTC

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