Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
127 W 123rd Street #TH
Interested in this property?
Active For Sale Multi Family

$2,950,000

$688 per sq ft

127 W 123rd Street #TH

Harlem, Manhattan

MLS® #RLS20086219

RLS at REBNY

Listing by Compass

5

Bedrooms

4.5

Baths

4,285

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 5
Bathrooms 5 full, 1 half
Living Area 4,285 sq ft
Year Built 1910
Ownership None
Property Taxes $12,240/yr
Neighborhood Harlem
Floor 1 of 5

Property Highlights

  • Views: City
  • Exposure: North,South facing
  • Outdoor Space: Terrace, Balcony

Property Details

Type Multi Family
Ownership None
Total Rooms 13
Baths 4 Full, 1 Half
Floor 1 of 5
View City
Exposure North,South
Heating Baseboard
Pets Yes
Year Built 1910
Living Area 4,285 sq ft
Structure Type House,MultiFamily,Townhouse
Flooring Hardwood
Furnished Unfurnished
Basement Full
Parcel # 1908-0019
Block/Lot 01908/0019

Listing History

Event Date Price Change
Listed Apr 22, 2026 $2,950,000 -
Currently Apr 23, 2026 $2,950,000 -

Description

Welcome to 127 West 123rd Street, an expansive two-family townhouse in the heart of South Harlem offering space, flexibility, and exceptional outdoor living. Spanning approximately 3,585 square feet plus a finished cellar for a total of 4,285 SF, along with 1,308 SF of outdoor space, this home is currently configured as a two-family with a bonus top-floor studio loft. It offers multiple options for an end user, including the opportunity to live in the triplex while generating income by renting the upper floors. As you enter, you are welcomed into a spacious triplex. The garden level features a windowed kitchen overlooking your private backyard, a dining area, powder room, and in-unit washer and dryer. The second floor offers a bright living room with soaring 10’5” ceilings, a primary bedroom with an en suite bathroom and large closet, and a balcony with access down to the garden. The third floor includes two king-sized bedrooms and a full bathroom, with ceiling heights of 9’5”. The second apartment is a floor-through one-bedroom with a full kitchen and full bathroom, ideal for generating rental income. Above it, a bonus studio loft features impressive 13’1” ceilings, a lofted sleeping area, and direct access to a private terrace with open skyline views. The home is filled with character, featuring high ceilings throughout and generous proportions on every level. Natural light flows beautifully, especially on the upper floors where open views stretch across the skyline. Outdoor space truly sets this property apart. A deep private patio offers a peaceful retreat with plenty of room for creative gardening. The top-floor terrace provides open views, and above it all, a fully finished rooftop sits approximately 72 feet above the ground, offering sweeping north and south-facing Manhattan skyline views and the perfect setting for outdoor living. With approximately 1,620 square feet of additional buildable area, the property also offers future upside for expansion. Located on a prime tree-lined block, this is one of the best locations in South Harlem, just moments from Morningside Park, Whole Foods, Trader Joe’s, and Target, and close to some of the best restaurants the neighborhood has to offer, including Red Rooster, Settepani, and Barawine. You’re also just minutes from Marcus Garvey Park and a nearby dog park, with easy access to major subway lines (A, B, C, D, 1, 2, 3) and Metro-North. This is a rare opportunity to own a townhouse that checks every box: space, light, outdoor living, and long-term potential.

Features & Amenities

Interior Features

Wet Bar Built In Features Crown Molding High Ceilings Bar In Unit See Remarks Flooring: Hardwood Fireplace (1)

Exterior Features

Balcony Building Roof Deck Private Entrance Private Outdoor Space Over60 Sqft Private Yard Terrace Balcony

Building Information

Total Units 2
Stories 5
Structure House,MultiFamily,Townhouse

Financial Details

RE Taxes $12,240/yr ($1,020/mo)

Harlem is a neighborhood of immense cultural significance and architectural beauty. Known for its historic 'Strivers' Row' and storied jazz heritage, the area offers some of the most impressive townhouse architecture in New York City. The real estate market is wide-ranging, featuring beautifully restored brownstones, value-driven HDFC cooperatives, and a growing number of modern luxury condominiums that offer contemporary amenities in a historic setting.

Harlem Live Market Data

View Neighborhood

Active Listings

77

Median Asking Price

$925K

Median $/Sqft

$846

Avg Days on Market

N/A

New This Week

5

Price Reduced

25%

Sold (30 Days)

3

Median Sale Price

$1.10M

Live data from RLS at REBNY • Updated 4/22/26, 9:16 PM EST

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Location

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127 W 123rd Street #TH, Harlem, New York County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
5
Floors
2
Residential Units
R7-2
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $127,800
Land Value: $25,620
Exemptions: $1,420

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

Lot Area: 1,514 SF
Building Area: 3,585 SF
Built FAR: 2.37
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 $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $12,240, or roughly $1,020 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 4 full bathrooms and 1 half bathroom.

The listed interior living area is 4,285 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $2,950,000 for 4,285 sq ft, the asking price per square foot is approximately $688. 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: RLS20086219
First Listed: 4/22/2026
On Market: 4/22/2026
Price Changed: 4/22/2026
Contract Date: 4/21/2026

Listing Courtesy of Compass - Josue Galdos

Listing Contact: (917) 319-2990

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 4/23/2026 at 1:16 AM UTC

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