241 E 123rd Street #1-7, Manhattan, NY 10035
Local realty services provided by:CENTURY 21 Awaye Realty
241 E 123rd Street #1-7,Manhattan, NY 10035
$2,700,000
- 7 Beds
- 7 Baths
- 3,600 sq. ft.
- Multi-family
- Active
Listed by: liam killie
Office: daniel gale of brooklyn llc.
MLS#:RLS20087967
Source:NY_REBNY
Price summary
- Price:$2,700,000
- Price per sq. ft.:$750
About this home

241 East 123rd Street presents the opportunity to acquire a 7-unit multifamily building in the heart of East Harlem. The property features a balanced mix of free market and rent-stabilized units, providing stable in-place income with a clear path to future growth.
The current configuration offers immediate cash flow with approximately $136K in NOI, alongside the ability to increase revenue through unit turnover and rent alignment. The unit mix includes a garden-level 2-bedroom apartment with full ceiling height and private outdoor space, supporting strong rental demand.
Located within an R7B zoning district, the property benefits from additional buildable potential (buyer to verify) and is positioned within an Opportunity Zone.
The property benefits from excellent connectivity, located near the 4, 5, and 6 subway lines, Metro-North, and major transportation routes including the RFK and Willis Avenue Bridges. Proximity to East River Plaza and surrounding retail amenities supports strong tenant demand and long-term rental stability.
Ideal for investors seeking a combination of in-place income and long-term upside....
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Home facts
- Year built:1910
- Listing ID #:RLS20087967
- Added:1 day(s) ago
- Updated:May 01, 2026 at 10:48 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:7
- Full bathrooms:7
- Rooms Total:31
- Basement:Yes
- Living area:3,600 sq. ft.
Heating and cooling
- Heating:Oil
Structure and exterior
- Year built:1910
- Building area:3,600 sq. ft.
- Levels:3 Story
Finances and disclosures
- Price:$2,700,000
- Price per sq. ft.:$750
- Tax amount:$10,490
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