NOT LISTED FOR SALE

Estimated Value: $1,881,000 - $4,296,000

6 Beds
8 Baths
6,000 Sq Ft
$588/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $3,650,000 $608 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $19,347/month

205 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to 125 Street (2,3 Line)
  • Garden
  • City View
  • Pre War Building
  • Central Air

About This Home

As of June 2021

Located on a picturesque tree-lined block in the charming Mount Morris Park Historic District, 2 West 123rd Street is a single-family Neo-Grec style townhouse designed by architects Charles Baxter and developed by W.M. Adams & R. McGinnis between 1880-1882. Boasting 20' of width and offering approximately 6,000 sqft of interior space, this home offers tremendous scope across 5 elevator accessed floors including a finished basement. Excellently proportioned rooms with impressive ceiling heights are found on all floors. Design elements feature a modern staircase ascending from the garden floor, and working fireplaces with original mantles. 2 West 123rd Street, is a 5 floor, 6-bedroom, 8-bath townhouse completely renovated and is one of the largest and most beautiful private homes of its kind in Harlem. 2 West 123rd Street exudes everything a townhouse should: central air-conditioning and heat; elevator; working fireplaces, a private outdoor rear garden, staircase to the roof, designer kitchen; en-suite bedrooms each with full bathroom; game room with billiard table; media room; and full laundry room. Its safety and proximity to the 125th commercial corridor offers an abundance of shopping, entertainment, and culture, whether you're heading to the outlets, the Apollo, or local museums. Enjoy shopping at Whole Foods and dining out at neighborhood favorites like BLVD Bistro, Red Rooster, Melba's, Minton's, Lido, and Harlem Tavern. Grab local coffee and pastries in the morning at Levain, Les Ambassades or Double Dutch Espresso, and swing by Mess Hall or 67 Orange later and Sugar Monk in the evening to enjoy some of Harlem's top-rated cocktails. Convenient to public transportation, this neighborhood truly has the best Harlem has to offer.

Last Agent to Sell the Property

Stanley Montfort

Serhant License #10301216076 Listed on: 07/21/2020

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,793

Year Built

  • Built in 1880

Lot Details

  • 2,018 Sq Ft Lot
  • Lot Dimensions are 20.0 x 100.92
  • Garden

Home Design

  • Pre War Building
  • Entry on the 5th floor

Interior Spaces

  • 6,000 Sq Ft Home
  • Wood Burning Fireplace
  • City Views

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Utilities

  • Central Air

Community Details

Overview

  • Harlem Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,793

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Harlem
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 5

Interior Features

  • Interior Features: Separate/Formal Dining Room
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 6000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Bathrooms Integer: 7
  • Bedrooms: 6

Exterior Features

  • View: City, Park/Greenbelt
  • View: Yes
  • Exterior Features: Building Garden, Building Roof Deck, Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Area: 2018.0
  • Lot Size Dimensions: 20.0 x 100.92

Building Info

  • Units: 2
  • Total Stories: 5
  • Year Built: 1880

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
May 21, 2021
Sold by
Hanly Joyce
Bought by
Getachew Assegide M and Getachew Denora M
Seller's Agent
Stanley Montfort
Serhant
List Price
$4,500,000
Sold Price
$3,650,000
Premium/Discount to List
-$850,000
-18.89%
Current Estimated Value
$3,453,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$196,139
Avg. Annual Appreciation
-0.78%
Original Mortgage
$3,284,635
Outstanding Balance
$2,967,343
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$558,548

Purchase Details

Closed on
Sep 28, 2017
Sold by
Hanly Joyce and Hanly Paul J
Bought by
Hanly Joyce

Purchase Details

Closed on
Feb 15, 2006
Sold by
Eastmond Frederick and Eastmond Frederick A
Bought by
Hanly Joyce and Paul J Hanly ,
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Getachew Assegide M $3,687,868 --
Hanly Joyce $1,975,000 --
Hanly Joyce $2,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Getachew Assegide M $3,284,635
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2023 05/10/23 Off Market $3,650,000 -- --
06/11/2021 06/11/21 Sold $3,650,000 -18.9% $608 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
07/21/2020 07/21/20 For Sale $4,500,000 -- $750 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,793 $78,071 $21,450 $56,621
2024 $14,793 $73,652 $55,620 $55,289
2023 $14,958 $73,652 $20,399 $53,253
2022 $14,593 $212,160 $55,620 $156,540
2021 $14,513 $228,000 $55,620 $172,380
2020 $13,771 $213,600 $55,620 $157,980
2019 $12,839 $211,860 $55,620 $156,240
2018 $12,512 $61,377 $15,683 $45,694
2017 $12,418 $60,916 $14,372 $46,544
2016 $11,488 $57,468 $18,307 $39,161
2015 $6,931 $54,216 $22,337 $31,879
2014 $6,931 $51,148 $25,292 $25,856
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10825654

Real Estate Board of New York (REBNY)

APN: 1721-0121