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1 W 123rd St, New York, NY, 10027

6beds
5baths
11,955sqft
$6,500,000
$544price/sqft
$42,383/moest. monthly cost
$1,695,320/yrincome needed

About This Home

1 West 123rd Street --- 31 Mt Morris Park West Winner of the 2022 LUCY G. MOSES PRESERVATION Award THE JOHN DWIGHT HOUSE - PAST IS PROLOGUE NOW REDUCED BY NEARLY $1,000,000 Following the lead of McKim, Mead & White, this house was built in 1890 in the neo-Renaissance Revival style by architect Frank Hill Smith for John Dwight. It was erected during The Gilded Age (from 1875 to 1900 or 1910), and financed by his baking soda empire, Arm and Hammer. This product dominated the market from 1873 onward and is still popular today. Frank Hill Smith was also a painter who collaborated with William Morris Hunt in the 1880s, which may account for his preoccupation with interior design and color, which is reflected in the house we see today. AWARD WINNING HISTORIC RENOVATION During their decade long ownership, the present owners engaged the illustrious architect, Samuel G. White, the great grandson of Stanford White, to restore the interior design elements and original floor plan of this house. The mission of White's varied architectural practice is defined as "combining historic restoration and adaptive reuse with new designs and historic settings" and this house offered the perfect palette. Among many other projects, White has modernized Stanford White's Astor Court in Rhinebeck with a similar philosophy. Astor Court was built originally built for John Jacob Astor IV and inspired by The Grand Trianon at Versailles. CORNER HOUSE WITH EXCEPTIONAL LIGHT As New York townhouses tend to be adjacent to each other facing north and south, finding a corner house with light on three sides is extremely rare. This house faces west, south and east, with sets of huge square windows and an amazing five corner rooms. The numerous windows on the long side of the house infuse the interior with an exceptional amount of light. Further adding to the abundant light are four oval rooms on the long side of the building also with huge sets of windows. In total, the house possesses 52 large windows, an extraordinary number. Few houses are so blessed with this amount of natural light. LAYOUT Basement Approx. 2,540 SqFt Four Storage Rooms Wine Cellar Gas/Meter Room Two Sidewalk Vaults Laundry Room Powder Room Meter Room Boiler Room Elevator/Mechanics Room Workshop/Storage Room Ground Floorr Approx. 2,260 SqFt Interior, 795 SqFt Exterior Entry Hall Dining Room Powder Room Corridor Eat-In Kitchen Pantry Library Elevator Double-Door Entrance (Steel Door and Wooden Door) Parlor Floor Approx. 2,160 SqFt Large Hall Oval Reading Room + Fireplace Corridor Back Room Library with Skylight Elevator Drawing Room + Fireplace Third Floor Approx. 1,665 SqFt Interior, 495 SqFt Exterior Large Hall Bedroom/Study + Fireplace Terrace Full Bathroom Oval Bedroom + Fireplace Elevator Dressing Room Fourth Floor Approx. 1,665 SqFt Anteroom Bedroom/Study + Fireplace Dressing Room Full Bathroom Oval Bedroom + Fireplace Elevator Fifth Floor Approx. 1,665 SqFt Skylight Room Kitchen and Laundry Room Dressing Room Full Bathroom Bedroom / Study + Fireplace Oval Bedroom Elevator Building: 25 FT Wide and 92 FT Depth Lot: 25 FT Wide and 100 FT Depth Rooms: 15 Bedrooms: 6 Full Bathrooms: 3 Powder Rooms: 2 Two Kitchens Two Laundry Rooms Two Sets of Staircases Elevator (Non-functional, can be restored)(Original mechanics) With a total Gross Interior Square Footage of Approx. 11,955 (including the Basement of Approx. 2,540 Gross Square Feet). The total Exterior space is approx. 1,290 Square Feet, this includes the front outdoor space and the terrace (the outdoor square footage is separate from the interior Gross Square Footage). THE FUTURE IS YOURS These owners have been loyal custodians of the restoration of the interior design elements and original floorplan of this illustrious building. Now it will be the next owner's opportunity to carry forward their own vision within this remarkable property.

Getting Around

98
WalkingWalker's Paradise
100
TransitRider's Paradise
80
BikeVery Bikeable

Schools

7/10
Ps 133 Fred R MooreGrades PK-50.4 mi
1/10

Construction

Condition

  • Year built: 1910

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2

Features

  • Fireplace features: Wood Burning
  • Fireplace: Yes

Interior Area

  • Total structure area: 11,955
  • Total interior livable area: 11,955 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Terrace
  • Exterior features: Terrace

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $32,867$394,404
Home Insurance *$3,696$44,352
Property Taxes $3,845$46,140
Electricity $1,975$23,708
Total$42,383$508,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,453,131/yr
40% on housing$1,271,490/yr
45% on housing$1,130,213/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$544This listing

vs Other Active Listings

Avg $/sqft

ZIP 10027$606
New York County$1,489

vs Homes Sold Last Month

Median $/sqft

ZIP 10027$620
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-02Listed for sale$6,500,000
2025-11-25Listing removed$6,500,000
2025-06-03Listing removed$7,250,000
2024-12-06Listed for sale$7,250,000
2024-11-28Listing removed$7,250,000
2024-10-11Listed for sale$7,250,000
2023-11-10Listing removed--
2022-12-16Price change$7,250,000
2022-02-25Listed for sale$8,500,000
2012-08-15Listing removed$3,795
2012-06-14Listed for rent$3,795
2011-06-03Listing removed$995,000
2011-06-01Listed for sale$995,000

For Sale by Agent

AgentPaula Del Nunzio
BrokerageBrown Harris Stevens

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