127 West 123rd Street

4,285 Sq. Ft.
$688 / Sq. Ft.
4,285
Sq. Ft.
$688
per Sq. Ft.

Description

Welcome to 127 West 123rd Street, an expansive two-family townhouse in the heart of South Harlem offering: space, flexibility, and exceptional outdoor living.
Spanning approximately 3,585 square feet plus a cellar for a total of 4,285 SF, along with 1,308 SF of outdoor space. It offers multiple options for an end user, including the opportunity to live in a move-in-ready single-family mansion, and have a suburban-sized home in a beautiful Manhattan neighborhood, or as an investment property generating
...Welcome to 127 West 123rd Street, an expansive two-family townhouse in the heart of South Harlem offering: space, flexibility, and exceptional outdoor living.

Spanning approximately 3,585 square feet plus a cellar for a total of 4,285 SF, along with 1,308 SF of outdoor space. It offers multiple options for an end user, including the opportunity to live in a move-in-ready single-family mansion, and have a suburban-sized home in a beautiful Manhattan neighborhood, or as an investment property generating income by renting the upper floors.

As you enter, you are welcomed into a spacious triplex. The garden level features a windowed kitchen overlooking your private backyard, a dining area, powder room, and in-unit washer and dryer.

The second floor offers a bright living room with soaring 10’5” ceilings, a primary bedroom with an en-suite bathroom and walk-in closet, and a balcony with access to the garden. The third floor includes two king-sized bedrooms and a full bathroom, with ceiling heights of 9’5”.
The second apartment has two bedrooms, a galley kitchen, dining area, and full bathroom on the fourth floor. Above it, a living room/office, features impressive 13’ ceilings, a full bathroom, a lofted area, washer/dryer hook-up, and a private terrace with open skyline views.

The home is filled with character, featuring high ceilings, hardwood floors and generous proportions on every level. Natural light flows beautifully, especially on the upper floors where open views stretch across the skyline.

Outdoor space truly sets this property apart. A deep, private backyard offers a peaceful retreat with plenty of room for gardening, lounging, pets, or children’s playground. The top-floor terrace provides open views, and above it all, a fully finished rooftop sits approximately 72 feet above the ground, offering sweeping north and south-facing Manhattan skyline views and the perfect setting for outdoor living.

With approximately 1,620 square feet of additional buildable area, the property also offers future upside for expansion. The building is part of the Harlem Opportunity Zone/federal QOF Zone, allowing for significant tax savings for owner/investors. The home will be delivered fully vacant, with no existing tenants, and a Certificate of Occupancy for a Two-Family House.

Located on a prime tree-lined block, this is one of the best locations in South Harlem, just moments from Morningside Park, Whole Foods, Trader Joe’s, and Target, and close to some of the best restaurants the neighborhood has to offer, including Red Rooster, Settepani, and Barawine. You’re also just minutes from Marcus Garvey Park and a nearby dog park, with easy access to major subway lines (A, B, C, D, 2, 3, 4, 5, 6) and Metro-North. For work, specifically, Columbia University, Harlem Hospital, and Mt. Sinai Morningside Hospital are all within 15-minute-walking distance.

This is a rare opportunity to own a townhouse that checks every box: space, light, outdoor living, and long-term investment potential.

Amenities

  • Primary Ensuite
  • Balcony
  • Private Terrace
  • Private Yard
  • Common Roof Deck
  • Decorative Fireplace
  • Crown Mouldings
  • Built-Ins
LISTING UPDATED: 04/28/2026 03:56 PM

Property Details for 127 West 123rd Street

StatusActive
Days on Market13
Taxes$1,020 / month
Maintenance-
Min. Down Pymt10%
Total Rooms13.5
Property TypeTownhouse
MLS Type-
Year Built1910
Lot Size1,513 SF / 15' x 101'
CountyNew York County
Buyer's Agent Compensation2.5%
Compensation Remarks2.5% to buyer's agent

Building

127 W 123rd St

2 Units5 StoriesBuilt in 1910

Location

Listing Courtesy of: .

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Building Information for 127 West 123rd Street

Stories5Residences2Year Built1910Building Size15' x 54'Building Sq. Ft4,050 SFLot Size1,513 SF / 15' x 101'Building Age-Building Type-

Payment Calculator

$17,732 per month

30 year fixed, 6.46% Interest

Principal and Interest

$16,712

Property Taxes

$1,020

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property History for 127 West 123rd Street

DateEvent & SourcePriceAppreciation
Apr 22, 2026

Listed (Active)

Manual

$2,950,000
DateEvent & SourcePrice
04/22/2026

Listed (Active)

Manual

$2,950,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 127 West 123rd Street

This home is within New York City Geographic District # 3.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 6 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 242 The Young Diplomats Magnet School
PublicPK to 5

Jhs 54 Booker T Washington
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Harlem
Harlem
Where history feels like home. Harlem first rose to fame as the birthplace of the 1920s renaissance movement, and is now a thriving mix of cultural traditions and avant garde creativity. Generations of art, food, and demographic shifts mean that newcomers and life-long residents continue to...

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127 West 123rd Street is a townhouse for sale in Harlem. This property was listed for sale on April 22, 2026 by Compass, it's currently listed at $2,950,000. This listing's school district is New York City Geographic District # 3. Nearby schools include P.S. 242 The Young Diplomats Magnet School, Wadleigh Secondary School for the Performing and Visual Arts and Frederick Douglass Academy II Secondary School. 127 West 123rd Street is a 5-bed, 5-bath, 4,285 sqft townhouse built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.