$3,750,000
Updated 3 years ago
Off Market

260 West 123rd Street

Harlem, Manhattan | Adam Clayton Powell Blvd & Frederick Douglass Blvd

4,684 Square FeetMulti-Family

$3,750,000
floors / apts4 / 4
Lot Size16'x100'
Built Size16'x75'
ZoneR7A
Building TypeTownhouse
RE Taxes$16,786
Price Per SF
$801

Listing Features

  • Central Heat
  • Window AC Units

Outdoor space and views

  • Backyard

Property Description for 260 West 123rd Street

NEWLY LISTED WEST HARLEM BROWNSTONE

260 West 123rd Street - The Apollo Theater and Magic Johnson's AMC Theater are your neighbors! The building is between St. Nicholas Park & Morningside Park.

This prime property totals five floors, plus a basement and back yard.

Architectual plans and floor plans available to qualified buyers.

The top three floors are three - two bed / 1 bath single units currently rented. The electricity is separately billed, but the heat is jointly shared. There is no central air.

The first, second, and basement levels with back yard combine to a single family home that the owner would vacate which can be used by a new owner for a principal residence, rented as is, or subdivided into two separate units. Each floor has separate street access. The basement contains the utilities, washer / dryer and exclusive access to the back yard for the principal apartment.

Perfect for an investor, a boutique hotel, AirBNB, or a live and rent combination.

Listing History for 260 West 123rd Street

Now
12/02/2023
POM by Michael J. Collesano, Esq
NYC Property Expo
2023

Building Details for 260 West 123rd Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

125 St
0.2 miles
116 St
0.29 miles
125 St
0.31 miles
116 St
0.44 miles

Citi Bike

Adam Clayton Powell Blvd & W 123 St
0.11 miles
St Nicholas Ave & Manhattan Ave
0.13 miles

Contact Agent

Contact Agent

Licensed As
Broker
Broker
License#:
10991215069
Company:
NYC Property Expo
Michael Collesano, Esq
NYC Property Expo

Harlem | Manhattan

Quick Profile

The neighborhood called West Harlem by the locals is known as Manhattanville to neighborhood newcomers. The area is culturally diverse and might be considered a microcosm of the city as a whole. 

Columbia University has recently expanded into the area, which is attracting student residents from all over the world. Together with students from the City College of New York and young professionals fleeing higher prices in other neighborhoods, this influx of younger residents has brought with it more restaurants and bars on W 125th Street to serve this clientele. There are also new ventures, like a rock-climbing gym, to cater to the interests of these students and young professionals. At the same time, there are many small, family-owned shops and restaurants that have been anchors of the neighborhood for multiple generations.

The area has been through a housing upgrade, as older properties have been renovated and abandoned properties have been razed to make room for new development. There are still reasonably priced apartments available. Young professionals are finding that there is a certain cachet to living in West Harlem. It provides a convenient commute to the city and all of its amenities, while providing a sense of escape at the end of a long work day.

While rentals are popular with the student population, the young professionals are delighted to find pre-war brownstones, pre-war co-ops (including some income-capped HDFCs for lower- and middle-income buyers), and post-war condos that they can afford, although prices are rising. Some new low-rise developments, sporting virtual doormen and desired amenities, are cropping up.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 88833TH