19 days on rocket

501 W 123rd St Unit 3A, New York City, NY, 10027

$618,000

Home List Price

$7,339*

Closing Credit

2 Bedrooms
1 Full Bath
950 SqFt
$651/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

501 W 123rd St Unit 3A, New York$618,000

Buyer Closing Credits

$7,339*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeStock Cooperative
Year Built1957
MLS #PRCH-36973455
StatusActive

About 501 W 123rd St Unit 3A

Welcome to Apartment 3A at 501 West 123rd Street – an exceptional opportunity to transform a blank canvas into your dream home within a vibrant, amenity-rich community in Morningside Heights. This spacious 2-bedroom, 1-bath unit stands out with its generous living areas and soaring ceilings, exclusive to the highly sought-after “A line” apartments. Oversized windows flood the space with natural light and frame serene views of the beautifully landscaped grounds and mature specimen trees. With a total of nine closets, you'll enjoy ample storage space to keep your home organized and clutter-free. Nestled on a sprawling 8-acre property, this co-op offers an impressive array of amenities designed to enhance your lifestyle, including 24-hour security, a state-of-the-art gym, a parking garage (available for an additional fee), a children’s playroom and playground, woodworking and pottery studios, a game room, a theater company, a pre-K program, community and meeting rooms, and a dedicated retirement association for senior support. Recent upgrades to the outdoor common areas include new plantings and accessible ramps, adding to the property’s charm and functionality. The location is ideal, surrounded by grocery stores like Fairway, Whole Foods, and Trader Joe's, as well as a diverse selection of restaurants, cafes, and vibrant nightlife. Additionally, you'll find Columbia University, Barnard College, Manhattan School of Music, and a variety of parks and cultural landmarks nearby. While the unit is in need of a full renovation, it presents a unique opportunity for you to design and personalize every detail to reflect your style and preferences. Don’t miss the chance to make this apartment your own and enjoy all the benefits of this thriving community.

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Living Area: 950 SqFt

Listing Office:

  • Office Name: Daniel Gale Sotheby's International Realty
  • Office Phone: (631) 423-1180
  • Listing Agent: Lauren Kossover Gallagher
  • Agent Phone: (845) 797-9582

Interior Features

Interior Information:

  • Interior: Elevator, Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Building Garden, Garden

Lot Features

Lot Information:

  • Lot: Garden

Price Information

Listing Price Info

Price Summary:

  • List Price: $618,000
  • Price Per SqFt: $651/SqFt

HOA Fees:

  • Amount: $1462
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

501 W 123rd St Unit 3A vs New York

19 DAYS ON ROCKET

-65 Days

$618,000

-$238.1K Less

$651/SqFt

+$6 More

KEY TAKEAWAY

This property is $238.1K less than the Median Sold Price and $6/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #PRCH-36973455

Listing Office:

  • Office Name: Daniel Gale Sotheby's International Realty
  • Office Phone: (631) 423-1180
  • Listing Agent: Lauren Kossover Gallagher
  • Agent Phone: (845) 797-9582

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/22/2024, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,614

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,919

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-495293
4
/10
  • P.S. 36 Margaret Douglas School

  • 123 Morningside Dr

  • 0.06 miles

  • Public District Grades KG-5

school-card-donut-495294
6
/10
  • P.S. 125 Ralph Bunche School

  • 425 W 123rd St

  • 0.11 miles

  • Public District Grades KG-5

school-card-donut-495295
8
/10
  • Success Academy Charter School-Harlem 6

  • 461 W 131st St

  • 0.41 miles

  • Public Charter Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,347. The most common annual income of people living in New York, NY is between $100k-200k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 W 123rd St Unit 3A

What is the listing price of this property?

The listing price of 501 W 123rd St Unit 3A property is $618,000.

What type of property is this?

The property 501 W 123rd St Unit 3A is a condo located in New York City, New York, 10027.

Is this property for sale now?

Active Listing: 501 W 123rd St Unit 3A is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 501 W 123rd St Unit 3A has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 501 W 123rd St Unit 3A is 950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 W 123rd St Unit 3A is 1957.

Rocket HomesNew YorkNew York10027501 W 123rd St Unit 3A

This home is located at 501 W 123rd St Unit 3A in New York City, NY and zip code 10027 in the Morningside Heights neighborhood. This 950 square foot home was built in 1957. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 03, 2024 and is currently priced at $618,000.

Over 269 listings were sold over their listed price in October 2024 in New York, NY. In the same period over 833 listings were sold below the listed price and 850 listings were sold for the listed price. Between September 2024 and October 2024, New York, NY real estate market has seen increase in the number of listings by 1.8%. While the average time on the market in October 2024 was 84 days, the median list price was $856,124.

From Rocket Homes Real Estate and based on county public records data.

More Resources