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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10027
  6. 1 West 123RD Street
Property thumbnail
1 / 16
•South Harlem

1 West 123RD Street, New York City, NY 10027

Listing Courtesy of Brown Harris Stevens Residential Sales LLC

$6,500,000

Potential Rebate: $97,500

6 Beds
4 Baths
15 Rooms
11,995 sqft
Built 1910
5 Stories
542/ft²
Listed on Nov 24, 2025
33 days on market
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Overview

<strong>1 West 123rd Street --- 31 Mt Morris Park West<br> <br> Winner of the 2022 LUCY G. MOSES PRESERVATION Award<br> <br> THE JOHN DWIGHT HOUSE - PAST IS PROLOGUE&nbsp;<br> <br> NOW REDUCED BY NEARLY $1,000,000<br> </strong> <br> Following the lead of McKim, Mead &amp; White, this house was built in 1890 in the neo-Renaissance Revival style by architect Frank Hill Smith for John Dwight. It was erected during The Gilded Age (from 1875 to 1900 or 1910), and financed by his baking soda empire, Arm and Hammer. This product dominated the market from 1873 onward and is still popular today. Frank Hill Smith was also a painter who collaborated with William Morris Hunt in the 1880s, which may account for his preoccupation with interior design and color, which is reflected in the house we see today.<br> <br> AWARD WINNING HISTORIC RENOVATION<br> <br> During their decade long ownership, the present owners engaged the illustrious architect, Samuel G. White, the great grandson of Stanford White, to restore the interior design elements and original floor plan of this house. The mission of White's varied architectural practice is defined as "combining historic restoration and adaptive reuse with new designs and historic settings" and this house offered the perfect palette. Among many other projects, White has modernized Stanford White's Astor Court in Rhinebeck with a similar philosophy. Astor Court was built originally built for John Jacob Astor IV and inspired by The Grand Trianon at Versailles.<br> <br> CORNER HOUSE WITH EXCEPTIONAL LIGHT<br> <br> As New York townhouses tend to be adjacent to each other facing north and south, finding a corner house with light on three sides is extremely rare.<br> <br> This house faces west, south and east, with sets of huge square windows and an amazing five corner rooms. The numerous windows on the long side of the house infuse the interior with an exceptional amount of light. Further adding to the abundant light are four oval rooms on the long side of the building also with huge sets of windows.<br> <br> In total, the house possesses 52 large windows, an extraordinary number. Few houses are so blessed with this amount of natural light.<br> <br> LAYOUT<br> <br> Basement<br> Approx. 2,540 SqFt<br> Four Storage Rooms<br> Wine Cellar<br> Gas/Meter Room<br> Two Sidewalk Vaults<br> Laundry Room<br> Powder Room<br> Meter Room<br> Boiler Room<br> Elevator/Mechanics Room<br> Workshop/Storage Room<br> <br> Ground Floorr<br> Approx. 2,260 SqFt Interior, 795 SqFt Exterior<br> Entry Hall<br> Dining Room<br> Powder Room<br> Corridor<br> Eat-In Kitchen<br> Pantry<br> Library<br> Elevator<br> Double-Door Entrance (Steel Door and Wooden Door)<br> <br> Parlor Floor<br> Approx. 2,160 SqFt<br> Large Hall<br> Oval Reading Room + Fireplace<br> Corridor<br> Back Room<br> Library with Skylight<br> Elevator<br> Drawing Room + Fireplace<br> <br> Third Floor<br> Approx. 1,665 SqFt Interior, 495 SqFt Exterior<br> Large Hall<br> Bedroom/Study + Fireplace<br> Terrace<br> Full Bathroom<br> Oval Bedroom + Fireplace<br> Elevator<br> Dressing Room<br> <br> Fourth Floor<br> Approx. 1,665 SqFt<br> Anteroom<br> Bedroom/Study + Fireplace<br> Dressing Room<br> Full Bathroom<br> Oval Bedroom + Fireplace<br> Elevator<br> <br> Fifth Floor<br> Approx. 1,665 SqFt<br> Skylight Room<br> Kitchen and Laundry Room<br> Dressing Room<br> Full Bathroom<br> Bedroom / Study + Fireplace<br> Oval Bedroom<br> Elevator<br> <br> Building: 25 FT Wide and 92 FT Depth<br> Lot: 25 FT Wide and 100 FT Depth<br> Rooms: 15<br> Bedrooms: 6<br> Full Bathrooms: 3<br> Powder Rooms: 2<br> Two Kitchens<br> Two Laundry Rooms<br> Two Sets of Staircases<br> Elevator (Non-functional, can be restored)(Original mechanics)<br> <br> With a total Gross Interior Square Footage of Approx. 11,955 (including the Basement of Approx. 2,540 Gross Square Feet). The total Exterior space is approx. 1,290 Square Feet, this includes the front outdoor space and the terrace (the outdoor square footage is separate from the interior Gross Square Footage).<br> <br> THE FUTURE IS YOURS<br> <br> These owners have been loyal custodians of the restoration of the interior design elements and original floorplan of this illustrious building. Now it will be the next owner's opportunity to carry forward their own vision within this remarkable property.

Home Features

  • •In Unit
  • •Private Outdoor Space Over 60 Sqft
  • •Smoke Free

Estimated Monthly Payment

$33,060 per month

30 year fixed, 6.28% Interest

Principal and Interest
$32,119
Property Taxes
$941
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$97,500

Monthly savings impact

$271/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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Listings

RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Brown Harris Stevens Residential Sales LLC

Data Source: TRESTLE #RLS20061200

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Price Analysis

Compare average listing prices and value metrics for 1 West 123RD Street against the surrounding South Harlem market.

Based on 1 active units in building vs 46 in area

Average List Price

Building$6.5M
Neighborhood$1.7M

Price Per SqFt

Building Avg$542/ft²
Neighborhood Avg$1,029/ft²
Value Opportunity

47.36% Lower

than the South Harlem price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

South Harlem

Overview of South Harlem

South Harlem is the gateway to Harlem. For buyers seeking South Harlem Manhattan real estate, it offers prime location.

Living in South Harlem is vibrant. As a Manhattan NYC neighborhood, it connects downtown.

Real Estate

Homes for sale in South Harlem are competitive.

Lifestyle

The lifestyle is dining-focused.

Transportation

B/C/2/3 trains.

Amenities

Central Park acces.

Best For

Commuters.

South Harlem GuideAll Neighborhoods
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