241 E 123rd St #1-7, New York, NY, 10035
About This Home
7-Unit Investment Property with Upside in East Harlem 241 East 123rd Street is a 7-unit multifamily building located in East Harlem, offering a mix of free market and rent-stabilized apartments. The property provides strong in-place income with the potential to increase rents over time through unit turnover and improvements. The unit mix includes a spacious garden-level 2-bedroom with full ceiling height and private outdoor space. Located near the 4, 5, and 6 subway lines, Metro-North, and major access points including the RFK and Willis Avenue Bridges, the building offers convenient connectivity throughout Manhattan and beyond. Proximity to East River Plaza and neighborhood retail supports everyday convenience and strong rental demand. A great opportunity for investors looking to acquire a well-located asset with long-term upside potential. For additional information, financials, or to schedule a private showing, please contact Liam Killie
Getting Around
Walker's Paradise
Rider's Paradise
Very BikeableSchools
Construction
Condition
- Year built: 1910
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 7
Interior Area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
Property
Details
- 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
- Inland Flooding
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New York County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,889 | $154,668 |
| Home Insurance * | $1,622 | $19,464 |
| Property Taxes | $1,508 | $18,096 |
| Electricity | $594 | $7,139 |
| Total | $16,613 | $199,356 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Listed for sale | $2,700,000 |
For Sale by Agent
View on Zillow