$2,395,000
for sale
3,600 ft²
$665 per ft²
31 rooms
7 beds
7 baths
Rental unit
- East Harlem
Resale
This home has been saved by 1 user.
Listing by Daniel Gale Sotheby's International Realty, Real Estate Principal Office, 78 Seventh Avenue, Brooklyn, NY 11217
Common charges
Not applicable
Estimated payment
$13,892/mo
Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.Taxes
$984/mo
Tax abatement
No info
About
Seller’s agent
Description
Price Improvement | 5.71% In-Place Cap Rate
241 East 123rd Street is a seven-unit multifamily building between Second and Third Avenues in East Harlem. At the new asking price of $2,395,000, stated annual net operating income of $136,763 equates to a 5.71% in-place cap rate. An illustrative projection of approximately $165,000 in annual NOI equates to a potential 6.
Policies
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Home features
Private outdoor space
Garden
Building amenities
Services and facilities
No info on services and facilities
Wellness and recreation
No info on wellness and recreation
Shared outdoor space
Courtyard
About the building
241 East 123rd Street
241 East 123rd Street, New York, NY 10035
10 units
3 stories
1910 built
For sale
1 available units for saleFor rent
0 available units for rentDocuments and permits
View documents and permitsProperty history
- Price change: ↓ $154,000 (-6.0%) on 11/9/26
- Days on market: 196 daysThis is the number of days the listing has been on StreetEasy.
| Date | Price | Event |
|---|---|---|
11/9/2026 | $2,395,000 | Price decreased by 6% |
6/11/2026 | $2,549,000 | Price decreased by 6% |
4/30/2026 | $2,700,000 | Listed by Daniel Gale Sotheby's International Realty |
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Explore East Harlem
Transit
| Location | Distance |
|---|---|
456at 125th St | 0.19 miles |
6at 116th St | 0.4 miles |
23at 125th St | 0.66 miles |
6at 110th St | 0.69 miles |
23at 116th St | 0.75 miles |
About East Harlem
Sales
Median asking price
7 beds
$2M
East Harlem has a wealth of mom-and-pop shops, a lively art scene, and is home to East River Plaza shopping mall known for its big-box stores, including Costco.
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