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157 W 123rd Street #1C
Coop in South Harlem •  building info
studio • 1ba • 250ft² $676 per ft²
List Price

$169,000

Listing Agent
Robert D. Pair  • Harlem Lofts Inc.
Key Details
Days on market
62
Last price change
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Estimated payment
$1,205
Monthly taxes
N/A
Monthly maintenance
$350
Description
Showings are by appointment please contact the listing brokerage Harlem Lofts Inc for your private tour.Sunny, newly renovated, and wonderful value! This move-in ready studio apartment on the ground floor of an elevator building in fashionable South Harlem represents terrific value. The unit is freshly updated and in excellent condition with high ceilings, hardwood floors, a tiled bathroom, and well-equipped kitchen. 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 $350/month.This is a Housing Development Fund Corporation (HDFC) building, subject to income restrictions. New purchasers may not have an income greater than six times the annual cost of maintenance charges and utilities - please see Due Diligence folder for additional details. Based on this formula, we estimate an upper income limit of approximately $68,000 per year for a Buyer with less than three dependents please confirm independently with your real estate attorney. This property also comes with primary residency restrictions.This lovely home is located a few steps from Harlem's Restaurant Row, and close to the 2/3 and B/C subway lines. Shopping on 125th Street (including the new Trader Joe's and Target) is just a short walk away. For recreation, the home is close to Mount Morris Park and within walking distance of Central Park.This property is delivered vacant with all paperwork provided. Contact the listing brokerage, Harlem Lofts Inc., for your private viewing![*Please note that some photographs are virtually staged and are labeled as such]

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Important Stuff
Elevator
Pets allowed
Listing Amenities
Hardwood floors
City View
Building Amenities
Live In Super
Fios Available
Wheelchair Access
Building info

History
What it'll cost
Purchase price
$169,000
Asking Price: $169,000
Term
30 Years
Down Payment
$33,000 (20%)
Min: 20% (33,000)
Rate
6.5 %
Mortgage Amount
$135,200
Mortgage Payment
$855
Maintenance
$350
Estimated closing cost
$7,000
Total monthly cost $1,205
Listing Courtesy of Harlem Lofts Inc.

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