Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,995,000

· Closed April 12, 2019

138-140 W 124th Street #2-B
Closed For Sale Condo

$1,995,000

$1,013 per sq ft

138-140 W 124th Street #2-B

Mt. Morris Park, Manhattan

Loft 124

MLS® #RLS10431489

RLS at REBNY

Listing by Compass

3

Bedrooms

2.5

Baths

1,970

Sq. Ft.

1906

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 1,970 sq ft
Year Built 1906
Ownership Condo
HOA/Common Charges $1,855/mo
Property Taxes $12/yr
Neighborhood Mt. Morris Park
Floor 2 of 12

Property Highlights

  • Exposure: North,South facing
  • Outdoor Space: Balcony
  • Fireplace: Wood-burning or decorative fireplace

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 2 Full, 1 Half
Floor 2 of 12
Exposure North,South
Cooling Central Air
Pets Yes
Cross Street Adam Clayton Powell Boulevard/Lenox Avenue
Year Built 1906
Living Area 1,970 sq ft
Architectural Style Prewar
Block/Lot 1908/49

Listing History

Event Date Price Change
Listed Sep 7, 2018 $1,995,000 -
Currently May 15, 2026 $1,995,000 -

Description

Built in 1906 as the warehouse for the famous KOCH Department Store on 125th Street, it formerly had an underground passage. A once tunnel connecting the warehouse goods to the retail store, these two amazing buildings have long since been separated. The now gutted, the warehouse was converted to palatial loft homes and is truly the only one of its kind in HARLEM. Upon entering into this fabulous open loft home with private elevator access, you will fall in love and want to entertain in this amazing space. It features 12 ft. exposed terra-cotta brick vaulted ceilings, gas fireplace, floor to ceiling tilt and turn German windows, a lovely power room, exposed brick walls, 8 ft. solid wood doors throughout and an open Chef's dream custom kitchen. Imported from Italy, the kitchen features; custom white cabinets, a Viking 6-burner stove and dishwasher, Sub-zero refrigerator, garbage disposal, double stainless sinks, built-in wine refrigerator, and a waterfall marble counter-top. There is central heating & A/C and a separate close door closet with a garbage shoot for your personal convenience. There is a full size new washer/dryer and 8 amazing closets all with high ceilings and are custom fitted with the Alfa closet system. A deeded storage room also with high ceilings are just another of the many included features to this amazing home. The separate Dining room with kitchen pass through window makes your dining experience an intimate enjoyable one. You will appreciate the sun-filled south facing Master-Bedroom with balcony overlooking other gardens, a perfect place to end your day with a glass of wine. The en-suite luxurious large master bathroom features a 6? Duravit soaking tub, frameless glass enclosed separate shower, custom walnut vanity w/double sinks, and Toto toilets. Your 2nd bedroom and its amazing terra-cotta column and vaulted high ceilings and custom closet will leave you speechless. The home office/den can be a third bedroom w/both sharing a fully tile bathroom. There are two common roof top with amazing city skyline views of Harlem and New York City. There is a fitness room, a yoga studio, package closet and bike storage. There is currently a J51 tax abatement until 2024. There is an onsite super, and a virtual doorman who will collect parcels. Steps from the newly opened Whole Foods and around the corner from the 2&3 subway lines and a few short blocks to the A,B,C & D subway lines, this prime location is in the heart of major prime retail stores, Restaurants, Iconic monuments and a 15 min. subway ride to midtown. HARLEM, rich in history and culture and one of New York?s most vibrant neighborhoods filled with diversity, ethnicity, and heritage. LOFT 124 is HARLEM?s only true loft conversion an iconic New York dwelling with creativity, unconventional style and glorious, unadulterated space. You truly don?t want to miss this one.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Building Washer Dryer Install Allowed Fireplace

Exterior Features

Building Garden Balcony Building Roof Deck Balcony

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $1,855/mo
RE Taxes $12/yr ($1/mo)
Sale Price $1,995,000

Mt. Morris Park features a residential profile of prewar cooperative buildings and multi-family architecture. The neighborhood benefits from accessible transit lines and incorporates large, public green spaces and local landmarks. This setting provides varied physical structures within the borough.

Mt. Morris Park Live Market Data

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Live data from RLS at REBNY • Updated 5/15/26, 6:22 AM EST

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Location

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138-140 W 124th Street #2-B, Mt. Morris Park, New York County • Near Adam Clayton Powell Boulevard/Lenox Avenue

Building Information

Official NYC property records for this building

2006
Year Built
20 years old
12
Floors
21
Residential Units
C4-4
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $2,475,451
Land Value: $220,501
Exemptions: $2,290

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

Lot Area: 5,046 SF
Building Area: 35,483 SF
Built FAR: 7.03
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 common charges are $1,855 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $12, or roughly $1 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,970 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1906, making it approximately 120 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 $1,995,000 for 1,970 sq ft, the asking price per square foot is approximately $1,013. 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: RLS10431489
First Listed: 9/7/2018
Closed: 4/12/2019
Contract Date: 9/7/2018

Listing Courtesy of Compass - Vie Wilson

Listing Contact: (212) 452-4381

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 5/15/2026 at 10:22 AM UTC

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