NOT LISTED FOR SALE

Estimated Value: $2,879,149

7 Beds
5 Baths
4,750 Sq Ft
$606/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $2,900,000 $611 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $18,264/month

152 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to 125 Street (2,3 Line)
  • Patio
  • Intercom
  • Building Patio
  • Garden

About This Home

As of April 2023

Welcome to 102 West 123rd Street

A rare opportunity to own this spectacular Neo-Grec townhouse in the heart of the Mount Morris Park Historic District.

Built in 1888 by Charles H. Beer, this stunning property has undergone simultaneously fabulous and tasteful renovations that preserve every inch of its charm. Measuring 20 feet wide and 58 feet deep on a 100-foot lot, the house has an abundance of space offering over 4,700 square feet of residential living space, with an additional 1,200 square feet in the cellar.

A beautifully manicured patio greets you before you even enter the home. This is the perfect place to showcase your gardening skills, enjoy a morning coffee, or evening glass of wine. Upon walking through the front gate, up the stairs and through the double-doors, you are met with a spacious entry foyer.

The parlor floor opens to a sun-flooded living room and kitchenette with ample space for entertaining. Continuing on into the office/den, you find yourself going from a quiet room for work or relaxation to the formal dining room. This dining room boasts a beautiful view of the back yard, and the lovely smokey whisps from the wood burning fireplace. This room is also able to be utilized as an additional bedroom, should you choose to do so.

The ground floor can serve either as an apartment on its own, or as the living space for a duplex with the parlor floor in a two-family configuration. The bedroom looks out on to the front patio and has a wood burning fireplace. Moving through the office and living room, you'll arrive in the magnificent eat-in kitchen that holds a unique old school charm. With two walls of exposed brick, and windows that look out to the backyard, every meal will be a special experience here. From the kitchen you can walk out to your private backyard, a large open canvas waiting to be designed to match your vision.

The third floor is set as the entertaining space for the upper duplex apartment. This floor features a large living room with a wood burning fire place, an incredible kitchen juxtaposing the best old character and new technology, and a dining room with an additional wood burning fire place.

The fourth floor showcases three bedrooms. The primary suite, situated on the south side of the house, features an en-suite bathroom with a custom steam shower, and a large walk-in closet that feeds into the laundry room. The two additional bedrooms are located on the north side of the house.

Each floor has a full bathroom, with a second full bathroom also located on the fourth floor. In its current state, this property is configured as a two family with an owner's triplex on the upper three floors with a separate apartment on the garden floor. As an investment, this also offers optionality in regard to opportunity zone, air rights, and commercial overlay. The property will be delivered vacant.

Location wise, it doesn't get much more ideal than this. Situated in Mount Morris Park, just steps away from Central Park and Morningside Park. Two blocks away from Whole Foods and the much anticipated opening of Trader Joe's and Target. With dining and nightlife to be found around each corner this is the place to be!

Last Agent to Sell the Property

Stefani Berkin

R New York License #10491204318 Listed on: 09/19/2022

R New York

Co-Listed By

Robert Barr

R New York License #10301216173

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1888

Lot Details

  • Lot Dimensions are 20.0 x 100.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 4,750 Sq Ft Home
  • 4-Story Property
  • Wood Burning Fireplace
  • Intercom

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Patio

Listing and Financial Details

  • Legal Lot and Block 37 / 1907

Community Details

Overview

  • Mt. Morris Park Subdivision

Amenities

  • Building Patio
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1888

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Lenox Avenue/Adam Clayton Powell Boulevard
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Mt. Morris Park
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 4750.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Building Patio, Patio

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 4
  • Year Built: 1888

Tax Info

  • Tax Block: 1907
  • Tax Lot: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Apr 5, 2023
Sold by
Rfej Realty Llc
Bought by
Fox Julia and Khan Richie Shazam
Seller's Agent
Stefani Berkin
R New York
List Price
$3,650,000
Sold Price
$2,900,000
Premium/Discount to List
-$750,000
-20.55%
Views
162
Current Estimated Value
$2,879,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,851
Avg. Annual Appreciation
-0.24%
Original Mortgage
$2,000,000
Outstanding Balance
$1,935,445
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$943,704

Purchase Details

Closed on
Jan 30, 2014
Sold by
Estate Of Beauty Thompkins
Bought by
Rfej Realty Llc

Purchase Details

Closed on
Jul 28, 2004
Sold by
Tompkins Beauty and Wells Alice
Bought by
Thompkins Beauty

Purchase Details

Closed on
May 28, 1999
Sold by
Tompkins Beauty
Bought by
Tompkins Beauty and Wells Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.61%
Mortgage Type
Commercial
Source: Public Records
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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
Fox Julia $2,900,000 --
Fox Julia $2,900,000 --
Rfej Realty Llc $1,100,000 --
Rfej Realty Llc $1,100,000 --
Thompkins Beauty -- --
Thompkins Beauty -- --
Tompkins Beauty -- Stewart Title Insurance Co
Tompkins Beauty -- Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Julia $2,000,000
Closed Fox Julia $2,000,000
Previous Owner Tompkins Beauty $50,000
Closed Thompkins Beauty $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2023 04/05/23 Sold $2,900,000 -3.0% $611 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
01/05/2023 01/05/23 Price Changed $2,990,000 -8.0% $629 / Sq Ft
11/03/2022 11/03/22 Price Changed $3,250,000 -7.0% $684 / Sq Ft
10/11/2022 10/11/22 Price Changed $3,495,000 -4.2% $736 / Sq Ft
09/19/2022 09/19/22 For Sale $3,650,000 +102.8% $768 / Sq Ft
04/25/2018 04/25/18 Sold -- -- -- View Prior Sale
03/26/2018 03/26/18 Pending -- -- --
05/03/2013 05/03/13 For Sale $1,800,000 -- $381 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10844715

Real Estate Board of New York (REBNY)

APN: 1907-0037

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