Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $170,000

· Closed April 29, 2025

157 W 123rd Street #1C
Closed For Sale Co-op

$170,000

$680 per sq ft

157 W 123rd Street #1C

Harlem, Manhattan

MLS® #RLS11028028

RLS at REBNY

Listing by Harlem Lofts Inc

Studio

1

Bath

250

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 250 sq ft
Year Built 1910
Ownership Co-op
Maintenance $350/mo
Neighborhood Harlem
Floor 1

Property Highlights

  • Exposure: South facing
  • Style: Prewar architecture
  • Climate Control: Window Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 1
Exposure South
Heating Radiant
Cooling Window Units
Pets Yes
Cross Street Lenox Avenue/Adam Clayton Powell Boulevard
Year Built 1910
Living Area 250 sq ft
Architectural Style Prewar
Structure Type None
Furnished Unfurnished
Parcel # 1908-0001-00157-000-000001C
Block/Lot 00000/0000

Listing History

Event Date Price Change
Listed Sep 10, 2024 $169,000 -
Currently May 7, 2026 $170,000 +0.6%

Description

Showings are by appointment please contact the listing brokerage Harlem Lofts Inc for your private tour.

157 West 123rd Street #1C HAS AN ACCEPTED OFFER BUT WE ARE STILL SHOWING IT TO BACKUPS.

Sunny, newly renovated, and wonderful value! This move-in ready studio apartment on the ground floor of an elevator building in fashionable South Harlem represents terrific value. The unit is freshly updated and in excellent condition with high ceilings, hardwood floors, a tiled bathroom, and well-equipped kitchen. 157 West 123rd is a well-run HDFC cooperative bordering the Mount Morris Park Historic District. Monthly maintenance (including heat and hot water) is a very affordable $350/month.

This is a Housing Development Fund Corporation (HDFC) building, subject to income restrictions. New purchasers may not have an income greater than six times the annual cost of maintenance charges and utilities - please see Due Diligence folder for additional details. Based on this formula, we estimate an upper income limit of approximately $68,000 per year for a Buyer with less than three dependents please confirm independently with your real estate attorney. This property also comes with primary residency restrictions.

This lovely home is located a few steps from Harlems Restaurant Row, and close to the 2/3 and B/C subway lines. Shopping on 125th Street (including the new Trader Joes and Target) is just a short walk away. For recreation, the home is close to Mount Morris Park and within walking distance of Central Park.

This property is delivered vacant with all paperwork provided. Please note that this property will require a cash Buyer.
Contact the listing brokerage, Harlem Lofts Inc., for your private viewing!

[*Please note that some photographs are virtually staged and are labeled as such]





Features & Amenities

Interior Features

Building None None

Building Amenities

Elevators

Financial Details

Maintenance $350/mo
Original Price $169,000
Sale Price $170,000
Previous Price $169,000

Maintenance Includes

Water

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

76

Median Asking Price

$882K

Median $/Sqft

$846

Avg Days on Market

N/A

New This Week

2

Price Reduced

29%

Sold (30 Days)

7

Median Sale Price

$950K

Live data from RLS at REBNY • Updated 5/7/26, 1:00 PM EST

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Location

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157 W 123rd Street #1C, Harlem, New York County • Near Lenox Avenue/Adam Clayton Powell Boulevard

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
7
Floors
51
Residential Units
R7-2
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $2,534,400
Land Value: $49,500
Exemptions: $1,442,367

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

Lot Area: 6,300 SF
Building Area: 37,875 SF
Built FAR: 6.01
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 $350 per month. The fee covers: Water. 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 0 bedrooms and 1 full bathroom.

The listed interior living area is 250 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 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 $170,000 for 250 sq ft, the asking price per square foot is approximately $680. 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: RLS11028028
First Listed: 1/9/2025
On Market: 9/10/2024
Price Changed: 3/25/2025
Closed: 4/29/2025
Contract Date: 9/8/2024

Listing Courtesy of Harlem Lofts Inc - ROBERT D PAIR

Listing Contact: (212) 280-8866

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 5/7/2026 at 5:00 PM UTC

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