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In Contract

246 West 123rd Street

$2,000,000 ($661 per ft2) -13% | 5 beds, 3 baths | Approx. 3,024 ft2
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335 days on Market

Key Details

  • Listed: Jun 10, 2023
    Last Price Change: -8% ($175,000) on Nov 9
    Days on Market: 335
    Building Type: Townhouse
    Neighborhood: Harlem (Manhattan)
    Listing viewed 130 times
Monthly Real Estate Taxes: $563
Total Taxes & Fees: $563 ($0.19/ft2)
Est. Monthly Mortgage: $10,850
Total Est. Monthly Carrying Cost: $11,413 ($3.77/ft2)
Note: the above is based on a down payment of 20% ($400,000), which is the minimum amount permitted by the building.

Insider Highlights

  • 19th Century Charm: This townhouse, built in 1910, boasts of 19th century charm with Italian Renaissance wood-carved stairways, original pocket doors, and ornate moldings. The primary bedroom even features an original, functioning claw foot bathtub.
  • Spacious Living: With approximately 3,024 ft2, this property offers 5 bedrooms and 3 bathrooms spread across 3 floors. Large windows and skylights ensure plenty of natural light throughout the home.
  • Outdoor Space: The property includes a private garden, perfect for outdoor relaxation or entertaining guests.
  • Location Benefits: Situated in the vibrant neighborhood of Harlem, the townhouse is conveniently located close to Harlem’s Restaurant Row, public transportation (2/3 and B/C subway lines, Metro North, and bus lines), Mount Morris Park, Morningside Park, and Central Park.
  • Income Potential: The property has potential for Airbnb rental income, providing an opportunity for the new owner to generate additional revenue.
  • Affordable Maintenance: The monthly real estate taxes are $563, with total taxes and fees amounting to $0.19/ft2. Despite its pre-war building amenities, the property does not have a doorman.

Description

This stunning Townhouse with Airbnb rental income has a total of five bedrooms, three full bathrooms, an office, and a lovely sitting room, all spread over four expansive floors. This home retains its 19th century charm with beautiful Italian Renaissance wood-carved stairways, original pocket doors, and ornate moldings, making it perfect for those looking for a unique space with unparalleled character.

Outside, the enormous private garden is the perfect place to entertain guests, or simply bask in the serene beauty of the outdoors.The primary bedroom features an original and functioning claw foot bathtub that will leave you feeling rejuvenated after a long day. Large windows abound throughout the house along with gorgeous skylights, you will be bathed in natural light all year round.

This location is unbeatable, situated just below the highly desirable 125th St. Find yourself steps away from Harlem’s famous Restaurant Row, where you can try the best cuisine that Harlem has to offer.

Public transportation is a breeze with the 2/3 and B/C subway lines, Metro North, and bus lines all in close proximity. This location is also perfect for those who love the outdoors, with Mount Morris Park, Morningside Park, and Central Park all just a short distance away.

Location! Location!

Amazing opportunity to own a piece of history in the vibrant community of Harlem.

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Building Amenities

  • Pre War
Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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Area info for 246 West 123rd Street

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Subways

  1. B
  2. D
  3. A
  4. C
at Saint Nicholas Ave and 127th 0.21 miles
  1. 2
  2. 3
at Lenox Ave 0.29 miles

Pricing comparison

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