11-Unit Elevator Apartment
For Sale
$2,699,000
231 E 123rd Street, Manhattan, NY 10035
Business Opportunity, Manhattan, NY
Property Size11,576 SF
Lot Size0.06 Acres
Price / SF$233.15
Days on Market21
Property Features for 231 E 123rd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
11
Full bathrooms
11
Rooms
Bathroom 11, Bathroom 9, Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 6, Bathroom 10, Bathroom 2, Bathroom 8, Bathroom 5, Bathroom 7
Subdivision
East Harlem
High school district
MANHATTAN CHARTER SCHOOL
Directions
East 125th St/Dr Martin Luther King Jr Blvd to 2nd Ave, right onto East 123rd Street
Standard status
Active
Size
11,576 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
204736
Utilities
Heating system
Natural Gas
Building Details
Year built
2018
Floors in Building
6
Flooring type
Laminate
Listing Agency:
ISLAND ADVANTAGE REALTY LLC
(631) 351-6000
Listed By:
Todd Yovino · License #49YO0956714
Added: Aug 7
Changed: Aug 25
Last Checked: Aug 27 at 12:06PM
MLS# 11922690
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 11,576-square-foot multifamily property was completed in 2018 and spans approximately six stories. An elevator serves the building, which contains 11 residential units with a mix that includes 8 one-bedroom apartments, a three-bedroom penthouse, and first-floor front and rear duplex residences. Select homes provide private balconies or other outdoor areas. Interior features include laminate flooring, natural gas heating, cabinetry, and stainless-steel appliances.
The property is located at 231 E 123rd Street in East Harlem, Manhattan, within ZIP Code 10035. The 4, 5, and 6 subway lines are nearby, along with shopping, dining, parks, and neighborhood amenities. The site encompasses 0.06 acres in New York County.
The property is located at 231 E 123rd Street in East Harlem, Manhattan, within ZIP Code 10035. The 4, 5, and 6 subway lines are nearby, along with shopping, dining, parks, and neighborhood amenities. The site encompasses 0.06 acres in New York County.
Key Highlights
- 11 residential units in an approximately 6‑story elevator building
- 11,576 square feet on a 0.06‑acre site
- Completed in 2018
Property Analytics
Property Profile
Current Use
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
5,868
Businesses Nearby
Explore this area
Business Placement
Demographics for 10035, NY
35,980
Population
16,340
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
25,700
Density / Sq Mi
$40,556
Median Household Income
$44,042
Median Earnings
$1,283
Median Rent
$663,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Built in 2018 with contemporary kitchens, stainless-steel appliances, and outdoor space at select residences.
Where is this apartment building located?
The property is located at 231 E 123rd Street Manhattan, NY.
What is the asking price?
The asking price for this property is $2,699,000.
What are key features of this property?
This property features: 11 residential units in an approximately 6‑story elevator building; 11,576 square feet on a 0.06‑acre site; Completed in 2018
