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New York (South Harlem), NY, 10035 | $2,000,000
7 East 124th Street presents a rare opportunity to reimagine a 20-foot-wide, park-front Italianate townhouse in one of Harlem's most iconic settings. Directly across from Mount Morris Park and just off Fifth Avenue, this 1905 brownstone now comes with a newly issued April 2025 Certificate of No Harassment (CONH), clearing the path for a full-scale 21st-century restoration.
South-facing sunlight pours through the home's grand facade, illuminating interiors rich with preserved architectural detail. The parlor level offers 11'4" ceilings and grandly scaled living and dining rooms, rich with original detail - ornate plasterwork, carved window surrounds, wood shutters, marble mantels, and three remarkable pier and over-mirrors designed to amplify light and volume. The scale and architectural integrity remain intact, providing an exceptional foundation for renovation.
The garden level extends nearly 42 feet to the rear, offering rare depth and meaningful outdoor potential. Currently configured with multiple rooms and a sunroom opening to the garden, this floor invites thoughtful redesign. Above, the third and fourth levels retain their classic front-and-rear bedroom layouts, original mantels, and adjoining dressing rooms or ancillary windowed spaces that lend themselves to offices, nurseries, or expanded suites.
With over 6, 000 square feet of potential usable floor area and a current multiple dwelling designation, the property offers significant scale and development opportunity. Buyers are encouraged to conduct their own zoning analysis to explore expansion or reconfiguration possibilities. The building is being sold as-is, in estate condition, and can be delivered vacant. The parlor and upper floors are not currently in use and require comprehensive renovation.
For the discerning purchaser with vision, 7 East 124th Street is a chance to create a landmark-quality, sun-filled townhouse overlooking one of Manhattan's most treasured parks. Bring your architect and restore this exceptional Harlem brownstone to its next chapter.
Feel free to email us for a Zoning and Development Analysis.
Features
- Town: New York
- Rooms: 12
- Bedrooms: 5
- Baths: 3 full
- Lot Size: 101.00x20.00
- Laundry: In Unit
- Year Built: 1909
- Basement: Other
- Lot Size: 101.00x20.00
- Est. Taxes: $14,592
- View: Other
- Pet Policy: Building Yes,No
- MLS#: RLS20075421
- Days on Market: 81 days
- Website: https://www.raveis.com
/eprop/RLS20075421/7e124thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Douglas Elliman Real Estate Phone: (212) 891-7000
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888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
New York (South Harlem), NY, 10035
$2,000,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,600,000 | $1,600,000 | $1,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,216 | $1,216 | $1,216 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,960 | $9,722 | $13,394 |
| Total Monthly Payment | $10,301 | $11,063 | $14,735 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535