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Sold
  • $2,175,000

    112 E 123rd St, New York, NY 10035

    13beds
    6,300sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $2,186,400 Zestimate®
    $345/sqft
    $3,912 Estimated rent

    Home value

    $2,186,400

    $1.81M - $2.58M

    $3,912/mo

    Zestimate® history
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    $13,452/mo

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    $13,452/mo

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    What's special

    Presenting a remarkable income-producing building situated in the heart of East Harlem, this spacious townhouse boasts a generous width of 20 feet and a depth of 63 feet. With its ten-foot ceilings, exposed brick accents, charming garden, and updated mechanicals, this property offers a perfect blend of modern comforts and timeless appeal. 112 E 123rd Street showcases four entirely free-market units, providing flexibility and potential for lucrative returns. Additionally, an accessible rooftop adds further value to this exceptional property. Its prime location in close proximity to Harlem's renowned restaurants and efficient transportation options ensures convenience and accessibility for both residents and tenants. An impressive CAP rate of 5.3% makes this investment opportunity even more enticing, promising attractive financial returns. Furthermore, the property benefits from a low property tax of just $4,340, enhancing its profitability potential. With the added advantage of being delivered vacant, this property presents endless possibilities for customization and personalization. Don't miss out on this outstanding chance to secure a sound investment in East Harlem.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nest Seekers International

    Source: StreetEasy,MLS#: S1690817

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 8
    • Full bathrooms: 8
    Interior area
    • Total structure area: 6,300
    • Total interior livable area: 6,300 sqft

    Property

    Features
    • Patio & porch: Deck, Other
    • Exterior features: Courtyard, Garden, Private Roof Deck
    • Has view: Yes
    • View description: City
    Details
    • Parcel number: 017710067
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1900

    Community & HOA

    Community
    • Subdivision: East Harlem
    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $345/sqft
    • Tax assessed value: $871,000
    • Annual tax amount: $4,332
    • Date on market: 11/27/2023

    Price history

    DateEventPrice
    9/19/2024Sold$2,175,000-13%$345/sqft
    Source: Public Record Report a problem
    7/2/2024Pending sale$2,500,000$397/sqft
    Source: StreetEasy #1690817 Report a problem
    1/29/2024Price change$2,500,000-9.1%$397/sqft
    Source: StreetEasy Report a problem
    11/27/2023Listed for sale$2,750,000-3.5%$437/sqft
    Source: StreetEasy Report a problem
    11/7/2023Listing removed--
    Source: StreetEasy Report a problem
    5/3/2023Price change$2,850,000-3.4%$452/sqft
    Source: StreetEasy #1134101649241669729 Report a problem
    11/8/2022Listed for sale$2,950,000-14.5%$468/sqft
    Source: StreetEasy #1134101649241669729 Report a problem
    7/16/2021Listing removed--
    Source: StreetEasy Report a problem
    3/31/2021Listed for sale$3,450,000$548/sqft
    Source: OneKey® MLS as distributed by MLS GRID #H6105812 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,588 $391,950 +2.1%
    2024$4,588 +5.7%$383,940 +20%
    2023$4,341 $319,950 -20%
    2022-- $400,050 +16.4%
    2021-- $343,800 -7.4%
    2020-- $371,250 +1.4%
    2019$3,521 +2.6%$366,300 +1245.7%
    2018$3,433 +6.9%$27,220 +7.8%
    2017$3,210 +6.5%$25,239 +7.8%
    2016$3,015 $23,406 +7.8%
    2015$3,015 +54.2%$21,717
    2014$1,956 $21,717 +3.7%
    2013-- $20,939 +7.8%
    2012-- $19,415 +7.8%
    2011-- $18,005 +7.8%
    2010-- $16,706
    2009-- $16,706 +3.7%
    2008-- $16,107 +7.8%
    2007-- $14,935 +7.8%
    2006-- $13,850 +7.8%
    2005-- $12,851
    2004-- $12,851 +3.7%
    2003-- $12,390 +7.8%
    2002-- $11,489 +7.8%
    2001-- $10,654 +7.8%
    2000-- $9,886
    Find assessor info on the county website

    Neighborhood: East Harlem

    Nearby schools

    GreatSchools rating