Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $635,000

Listed at $665,000 · Sold 4.5% below asking · Closed December 22, 2025

501 W 123rd Street #3a
Closed For Sale Co-op

$665,000

$700 per sq ft

501 W 123rd Street #3a

Morningside Heights, Manhattan

Morningside Gardens

MLS® #RLS11019175

RLS at REBNY

Listing by Daniel Gale of Brooklyn LLC

2

Bedrooms

1

Bath

950

Sq. Ft.

1957

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 950 sq ft
Lot Size 375,650 sq ft
Year Built 1957
Ownership Co-op
Maintenance $1,462.29/mo
Parking Garage
Neighborhood Morningside Heights

Property Highlights

  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Pets Yes
Cross Street West 123rd St. and La Salle St.
Year Built 1957
Living Area 950 sq ft
Parking Garage Available
Structure Type None
Furnished Unfurnished
Lot Size 375,650 sq ft
Block/Lot 01978/0001

Listing History

Event Date Price Change
Listed Nov 2, 2024 $599,000 -
Price Reduced Jul 31, 2025 $699,000 +16.7%
Currently May 9, 2026 $665,000 -4.9%

Description

*****Newly Renovated***** Welcome to Apartment 3A at 501 West 123rd Street — a freshly renovated home in the heart of Morningside Heights, offering modern updates, generous space, and access to an amenity-rich co-op community. This spacious 2-bedroom, 1-bath residence has just been thoughtfully updated to combine comfort and style. Recent renovations include luxury vinyl flooring throughout, fresh paint, and new lighting fixtures that brighten every room. The kitchen features a brand-new Whirlpool refrigerator and Whirlpool stove/oven, perfect for everyday cooking and entertaining. The bathroom has been completely remodeled, now featuring updated tile flooring, new shower tile, and modern lighting, creating a clean and contemporary feel. Located in the highly coveted “A line,” Apartment 3A is known for its soaring ceilings, expansive layout, and oversized windows that flood the home with natural light and offer peaceful views of landscaped gardens and mature trees. With nine closets throughout, storage is abundant and effortless. Set within a lush 8-acre complex, the co-op offers an exceptional list of amenities, including: -24-hour security -State-of-the-art fitness center -On-site parking garage (available for a fee) -Children’s playroom and outdoor playground -Woodworking and pottery studios -Game room and in-house theater company -Pre-K program, community meeting rooms -Active retirement association for seniors Recent upgrades to the outdoor common areas — including new plantings and accessible ramps — further enhance the beauty and functionality of the property. The location offers unbeatable convenience, just minutes from grocery stores like Trader Joe’s, Whole Foods, and Fairway, as well as a vibrant mix of restaurants, cafés, and nightlife. Prestigious institutions such as Columbia University, Barnard College, and the Manhattan School of Music are all nearby, along with beloved parks and cultural destinations. Move right in and enjoy the rare combination of renovated interiors and a welcoming community — all in one of Manhattan’s most dynamic neighborhoods.

Features & Amenities

Interior Features

Common On Floor Common Area Laundry Room

Building Information

Financial Details

Maintenance $1,462.29/mo
Original Price $599,000
Sale Price $635,000
Previous Price $699,000

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

51

Median Asking Price

$699K

Median $/Sqft

$1,297

Avg Days on Market

N/A

New This Week

2

Price Reduced

25%

Sold (30 Days)

6

Median Sale Price

$963K

Live data from RLS at REBNY • Updated 5/9/26, 9:02 AM EST

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Location

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501 W 123rd Street #3a, Morningside Heights, New York County • Near West 123rd St. and La Salle St.

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 $1,462.29 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 950 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1957, making it approximately 69 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 $665,000 for 950 sq ft, the asking price per square foot is approximately $700. 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: RLS11019175
First Listed: 11/2/2024
On Market: 11/2/2024
Price Changed: 7/31/2025
Closed: 12/22/2025
Contract Date: 11/2/2024

Listing Courtesy of Daniel Gale of Brooklyn LLC - Lauren Kossover Gallagher

Listing Contact: (845) 797-9582

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 5/9/2026 at 1:02 PM UTC

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