Listing Courtesy of Brown Harris Stevens Residential Sales LLC
$450,000
Potential Rebate: $6,750
157 West 123rd is a well-run HDFC cooperative bordering the Mount Morris Park Historic District. Monthly maintenance (including heat and hot water) is a very affordable $490/month. This is a Housing Development Fund Corporation (HDFC) building, subject to income restrictions. This property also comes with primary residency requirements. This lovely home is is near Harlem's Restaurant Row, and close to the 2/3 and A/B/C/D subway lines. Shopping on 125th Street (including the new Trader Joe's and Whole foods and Target) is close by. For recreation, the home is close to Mount Morris Park and and a short distance of Central Park. <br> This home was thoughtfully renovated with the best finishes. The ceilings are high with exquisite light fixtures. Custom closets throughout. Gorgeous ceramic floors. A windowed kitchen with stainless appliances, including a Liebherr refrigerator Fisher Paykel dishwasher, The windowed bath has Keros Ceramic tile and Hansgrohe hardware throughout. Excellent light throughout.<br> <BR><br> Primary residents only, no investors, Subject to Board approval and income guidelines apply..<br> Convenient to transportation the 2/3 subway is on 125th and Malcom X Blvd, and the A, C, B & D trains are on 125th and Manhattan Ave. Income limits are calculated on a worksheet / formula based on New York City 576 regulations and are approximately $160,000. Flip Tax based on profit upon resale The apartment is occupied so 24 hour notice is required.
$2,714 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$6,750
Monthly savings impact
$19/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).
2.5%
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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.
The Real Estate Rebate Team
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
Data Source: TRESTLE #RLS20048760

Compare average listing prices and value metrics for 157 West 123RD Street against the surrounding South Harlem market.
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 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.
Homes for sale in South Harlem are competitive.
The lifestyle is dining-focused.
B/C/2/3 trains.
Central Park acces.
Commuters.

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