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  • $2,950,000

    127 W 123rd St, New York, NY 10027

    5beds
    4,285sqft
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    Townhouse
    Built in 1910
    -- sqft lot
    $2,856,600 Zestimate®
    $688/sqft
    $-- HOA

    What's special

    Private backyardLofted areaIn-unit washer and dryerNatural light flows beautifullyTwo king-sized bedroomsHigh ceilingsSpacious triplex
    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 cellar for a total of 4,285 SF, along with 1,308 SF of outdoor space. It offers multiple options for an end user, including the opportunity to live in a move-in-ready single-family mansion, and have a suburban-sized home in a beautiful Manhattan neighborhood, or as an investment property 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 walk-in closet, and a balcony with access to the garden. The third floor includes two king-sized bedrooms and a full bathroom, with ceiling heights of 9’5”. The second apartment has two bedrooms, a galley kitchen, dining area, and full bathroom on the fourth floor. Above it, a living room/office, features impressive 13’ ceilings, a full bathroom, a lofted area, washer/dryer hook-up, and a private terrace with open skyline views. The home is filled with character, featuring high ceilings, hardwood floors 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 backyard offers a peaceful retreat with plenty of room for gardening, lounging, pets, or children’s playground. 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. The building is part of the Harlem Opportunity Zone/federal QOF Zone, allowing for significant tax savings for owner/investors. The home will be delivered fully vacant, with no existing tenants, and a Certificate of Occupancy for a Two-Family House. 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, 2, 3, 4, 5, 6) and Metro-North. For work, specifically, Columbia University, Harlem Hospital, and Mt. Sinai Morningside Hospital are all within 15-minute-walking distance. This is a rare opportunity to own a townhouse that checks every box: space, light, outdoor living, and long-term investment potential.
    97 days
    |
    729
    |
    54
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Compass 917-319-2990,

    Josue Galdos,

    Klavdia Ramnareine

    Source: StreetEasy,MLS#: S1823503

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Appliances
      • Included: Dishwasher, Washer/Dryer
      • Laundry: Inside
      Features
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 4,285
      • Total interior livable area: 4,285 sqft
      Video & virtual tour

      Property

      Features
      • Patio & porch: Other, Deck
      • Exterior features: Balcony, Garden, Private Roof Deck
      • Has view: Yes
      • View description: City
      Details
      • Parcel number: 019080019
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      Condition
      • Year built: 1910

      Community & HOA

      Community
      • Subdivision: South Harlem
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry, Roof Deck
      Location
      • Region: New York

      Financial & listing details

      • Price per square foot: $688/sqft
      • Tax assessed value: $2,403,000
      • Annual tax amount: $12,240
      • Date on market: 4/23/2026

        Estimated market value

        $2,856,600

        $2.71M - $3.00M

        $7,528/mo

        Price history

        DateEventPrice
        4/23/2026Listed for sale$2,950,000+620.2%$688/sqft
        Source: StreetEasy #S1823503 Report a problem
        3/31/2008Sold$409,632$96/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,823 +6%$144,180 -3.5%
        2024$12,097 +4.8%$149,340 -16.4%
        2023$11,540 $178,680 +11.9%
        2022-- $159,720 -4.2%
        2021-- $166,800 -12.2%
        2020-- $189,960 +2.1%
        2019$10,328 +4.3%$186,060 +292.9%
        2018$9,906 +2.6%$47,352
        2017$9,653 +8.6%$47,352 +0.8%
        2016$8,886 $46,996 +6%
        2015$8,886 +393.1%$44,336 +6%
        2014$1,802 $41,827 +6%
        2013-- $39,460
        2012-- $39,460 +0.8%
        2011-- $39,164 +6%
        2010-- $36,948 +6%
        2009-- $34,857 +6%
        2008-- $32,884 +77.1%
        2007-- $18,564
        2006-- $18,564 +3.3%
        2005-- $17,971 +7.9%
        2004-- $16,653 +8%
        2003-- $15,421 +8%
        2002-- $14,280
        2001-- $14,280 +3.3%
        2000-- $13,824
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Harlem

        Getting around

        99 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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