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

10beds
5baths
6,000sqft
$3,400,000
$567price/sqft
$22,127/moest. monthly cost
$885,080/yrincome needed

About This Home

DESCRIPTION Seller’s representative is Michael Collesano of NYC Property Expo, Inc. WEST HARLEM BROWNSTONE 260 West 123rd Street - The Apollo Theater and Magic Johnson's AMC Theater are your neighbors! The building is between St. Nicholas Park & Morningside Park. This prime property totals five floors, plus a basement and back yard. Floor plans and architectural designs available to qualified buyers. The top three floors are three - two bed / 1 bath single units currently rented. The electricity is separately billed, but the heat is jointly shared. There is no central air. The first, second, and basement levels with back yard combine to a single family home that the owner would vacate which can be used by a new owner for a principal residence, rented as is, or subdivided into two separate units. Each floor has separate street access. The basement contains the utilities, washer / dryer and exclusive access to the back yard for the principal apartment. Perfect for an investor, a boutique hotel, AirBNB, or a live and rent combination.

Getting Around

98
WalkingWalker's Paradise
100
TransitRider's Paradise
83
BikeVery Bikeable

Schools

4/10
Ps 154 Harriet TubmanGrades PK-50.2 mi
8/10
Columbia Secondary SchoolGrades 6-120.3 mi

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Roof Rights

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 6,000
  • Total interior livable area: 6,000 sqft

Property

Details

  • Parcel number: 019280056
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Courtyard,Garden

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

  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
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 $17,192$206,304
Home Insurance *$1,933$23,196
Property Taxes $2,011$24,132
Electricity $991$11,898
Total$22,127$265,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$758,640/yr
40% on housing$663,810/yr
45% on housing$590,053/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

$567This listing

vs Other Active Listings

Avg $/sqft

ZIP 10027$605
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
2025-03-12Price change$3,400,000
2024-02-02Listed for sale$3,750,000
2023-11-10Listing removed--
2022-11-16Listed for sale$3,750,000

For Sale by Agent

AgentMichael Collesano
BrokerageNYC Property Expo, Inc.

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