Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,250,000

· Closed June 11, 2025

124 W 118th Street
Closed For Sale Multi Family

$2,250,000

$500 per sq ft

124 W 118th Street

Harlem, Manhattan

MLS® #RLS10968689

RLS at REBNY

Listing by Compass

6

Bedrooms

4

Baths

4,500

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 6
Bathrooms 4
Living Area 4,500 sq ft
Year Built 1920
Ownership None
Property Taxes $32,616/yr
Neighborhood Harlem
Floor 1 of 3

Property Highlights

  • Exposure: North,South facing
  • Outdoor Space: Rooftop
  • Fireplace: 1 fireplace

Property Details

Type Multi Family
Ownership None
Total Rooms 11
Baths 4 Full
Floor 1 of 3
Exposure North,South
Pets Yes
Year Built 1920
Living Area 4,500 sq ft
Structure Type House
Flooring Hardwood
Furnished Unfurnished
Parcel # 1902-0045
Block/Lot 01902/45

Listing History

Event Date Price Change
Listed Feb 27, 2024 $3,195,000 -
Price Reduced Jun 11, 2025 $2,350,000 -26.4%
Currently May 29, 2026 $2,250,000 -4.3%

Description

All showings are by private appointment only, including open houses. Unique opportunity to purchase an expansive brownstone in the heart of South Harlem. Spanning nearly 4500 interior square feet across 4 floors, this home provides a rare opportunity to be reconfigured as a massive single family home or multi family investment property. The four story house features original front doors, mantles, wainscoting and woodwork throughout. Situated on a 21 foot wide and 101 foot deep lot, the 1920 Renaissance style building offers endless potential with an 860 square foot rear yard and a 1000 square foot unfinished roof. There is also an unfinished cellar with nearly 1200 square feet of space that can easily be used as a recreation room. Located on a tree-lined block in the Mount Morris Park Historic District, this location offers easy access to Central Park, Morningside Park, Marcus Garvey Park, Riverside Park, Columbia University, and Harlem’s Restaurant Row. Nearby transit lines include the 2, 3, B, and C trains. This building is an SRO that will be delivered vacant with a CONH (Certificate of Non Harassment). Please note that some photos have been virtually staged and rendered.

Features & Amenities

Interior Features

Crown Molding See Remarks Flooring: Hardwood Fireplace (1)

Exterior Features

Private Entrance Private Outdoor Space Over60 Sqft Private Yard Rooftop

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Total Units 11
Stories 3
Structure House

Financial Details

RE Taxes $32,616/yr ($2,718/mo)
Original Price $3,195,000
Sale Price $2,250,000
Previous Price $2,350,000

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

$830K

Median $/Sqft

$884

Avg Days on Market

N/A

New This Week

2

Price Reduced

26%

Sold (30 Days)

5

Median Sale Price

$725K

Live data from RLS at REBNY • Updated 5/29/26, 11:34 AM EST

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Location

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124 W 118th Street, Harlem, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1898
Year Built
128 years old
3
Floors
11
Residential Units
R7-2
Zoning District
Walk-Up Apartments Historic District: Mount Morris Park Historic District Extension

Tax & Assessment

Assessed Value: $325,800
Land Value: $29,250
Exemptions: $0

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

Lot Area: 2,119 SF
Building Area: 3,765 SF
Built FAR: 1.78
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 $32,616, or roughly $2,718 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 4 full bathrooms.

The listed interior living area is 4,500 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $2,250,000 for 4,500 sq ft, the asking price per square foot is approximately $500. 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: RLS10968689
First Listed: 2/27/2024
On Market: 2/27/2024
Price Changed: 6/11/2025
Closed: 6/11/2025
Contract Date: 2/26/2024

Listing Courtesy of Compass - Joshua Roberts

Listing Contact: (516) 319-9059

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 5/29/2026 at 3:34 PM UTC

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