102 West 123rd St. $3,250,000

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    102 West 123rd St. New York, NY 10027

    • 7 Beds
    • 5 Baths
    • 4,750 sq. ft.
    • Condo/Townhouse
    • MLS# 3953574
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    Views: 5 Days On Site: 132

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    Property Details

    Welcome to 102 West 123rd Street A rare opportunity to own this spectacular Neo-Grec townhouse in the heart of the Mount Morris Park Historic District. Built in 1888 by Charles H. Beer, this stunning property has undergone simultaneously fabulous and tasteful renovations that preserve every inch of its charm. Measuring 20 feet wide and 58 feet deep on a 100-foot lot, the house has an abundance of space offering over 4,700 square feet of residential living space, with an additional 1,200 square feet in the cellar. A beautifully manicured patio greets you before you even enter the home. This is the perfect place to showcase your gardening skills, enjoy a morning coffee, or evening glass of wine. Upon walking through the front gate, up the stairs and through the double-doors, you are met with a spacious entry foyer. The parlor floor opens to a sun-flooded living room and kitchenette with ample space for entertaining. Continuing on into the office/den, you find yourself going from a quiet room for work or relaxation to the formal dining room. This dining room boasts a beautiful view of the back yard, and the lovely smokey whisps from the wood burning fireplace. This room is also able to be utilized as an additional bedroom, should you choose to do so. The ground floor can serve either as an apartment on its own, or as the living space for a duplex with the parlor floor in a two-family configuration. The bedroom looks out on to the front patio and has a wood burning fireplace. Moving through the office and living room, you'll arrive in the magnificent eat-in kitchen that holds a unique old school charm. With two walls of exposed brick, and windows that look out to the backyard, every meal will be a special experience here. From the kitchen you can walk out to your private backyard, a large open canvas waiting to be designed to match your vision. The third floor is set as the entertaining space for the upper duplex apartment. This floor features a large living room with a wood burning fire place, an incredible kitchen juxtaposing the best old character and new technology, and a dining room with an additional wood burning fire place. The fourth floor showcases three bedrooms. The primary suite, situated on the south side of the house, features an en-suite bathroom with a custom steam shower, and a large walk-in closet that feeds into the laundry room. The two additional bedrooms are located on the north side of the house. Each floor has a full bathroom, with a second full bathroom also located on the fourth floor. In its current state, this property is configured as a two family with an owner's triplex on the upper three floors with a separate apartment on the garden floor. As an investment, this also offers optionality in regard to opportunity zone, air rights, and commercial overlay. The property will be delivered vacant. Location wise, it doesn't get much more ideal than this. Situated in Mount Morris Park, just steps away from Central Park and Morningside Park. Two blocks away from Whole Foods and the much anticipated opening of Trader Joe's and Target. With dining and nightlife to be found around each corner this is the place to be!

    • General Features
      • Year Built 1888
      • Hoa Fee 0.00
      • Neighborhood Harlem
      • New Development No
      • Real Estate Tax 534
    • Building Features
      • Building Bike Storage No
      • Building Class C5
      • Building Doorman No
      • Building Elevator No
      • Building Garage No
      • Building Gym No
      • Building Laundry Yes
      • Building Pets Yes
      • Building Pool No
      • Building Prewar Yes
      • Building Rooftop No
      • Building Storage No
      • Formal Dining Room Yes
      • Foyer Yes
      • Garden Yes
      • Has Fireplace Yes
      • Has Outdoor Space Yes
      • Multilevel Yes
      • Number of Building Stories 3
      • Number of Building Units 7
      • Number of Half Baths 0
      • Number of Rooms 12.00
      • Unit Balcony No
      • Unit Garden Yes
      • Unit Laundry No
      • Unit Terrace No

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    Neighborhood

    10027 (New York) Demographics

    31 Median Age
    74,453 Population Density (per sq. mile)
    55% College Educated
    $57,010 Estimated Median Income
    3,138 Estimated Total Home Owners
    20,697 Estimated Total Renters
    13% / 87% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    64,728 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $650,000 Median Sales Price
    5 Homes Sold
    34 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,250,000
        11/2/2022 9:26:54 PM Price Reduced Source: Multiple Listing Service New Value: $3,250,000 -7.01%
        10/12/2022 7:26:34 AM Price Reduced Source: Multiple Listing Service New Value: $3,495,000 -4.25%
        9/19/2022 3:39:00 PM New in Database Source: Multiple Listing Service New Value: $3,650,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.