Seven-Unit Multifamily
241 East 123rd Street Unit 17 Manhattan, NY 10035
For Sale
$2,700,000
Seven-unit multifamily property with a mix of free-market and rent-stabilized apartments.
Days on Market94
Property Features for 241 East 123rd Street Unit 17
General Information
- Standard status
- Active
- Property subtype
- Multi Family Townhouse
Building Details
- Year Built
- 1910
Listing Agency:
Daniel Gale of Brooklyn LLC
(631) 433-9407
Listed By:
Liam Killie · License #10401385098
(631) 433-9407
Source:
Compass
Added: Apr 22
Changed: Jul 23
Last Checked: Jul 23 at 9:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Daniel Gale of Brooklyn LLC
Investment Insights
Based on property information with market context.
This seven-unit multifamily building offers a balanced mix of free-market and rent-stabilized units. The current configuration includes a garden-level two-bedroom apartment with full ceiling height and private outdoor space, providing an additional living option within the building.
The property is located in an R7B zoning district and is positioned within an Opportunity Zone. Public transit access is highlighted with proximity to the 4, 5, and 6 subway lines, Metro-North, and major transportation routes including the RFK and Willis Avenue Bridges. Nearby East River Plaza and surrounding retail amenities support everyday tenant convenience.
The building presents an in-place income opportunity with upside tied to future income adjustments through unit turnover and rent alignment. Buyer to verify any additional buildable potential.
The property is located in an R7B zoning district and is positioned within an Opportunity Zone. Public transit access is highlighted with proximity to the 4, 5, and 6 subway lines, Metro-North, and major transportation routes including the RFK and Willis Avenue Bridges. Nearby East River Plaza and surrounding retail amenities support everyday tenant convenience.
The building presents an in-place income opportunity with upside tied to future income adjustments through unit turnover and rent alignment. Buyer to verify any additional buildable potential.
Key Highlights
- 7‑unit multifamily building with a mix of free‑market and rent‑stabilized apartments
- Approximately $136K in NOI reported in the listing
- R7B zoning district plus an Opportunity Zone designation (buyer to verify any buildable potential)
Property Analytics
Location Intelligence
Current Use by Public Records
La Sienna
Hostel
FAQs
What type of property is this?
Apartment building - Seven-unit multifamily property with a mix of free-market and rent-stabilized apartments.
Where is this apartment building located?
The property is located at 241 East 123rd Street Unit 17 Manhattan, NY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 7‑unit multifamily building with a mix of free‑market and rent‑stabilized apartments; Approximately $136K in NOI reported in the listing; R7B zoning district plus an Opportunity Zone designation (buyer to verify any buildable potential)
