118 W 123rd St Unit 74, New York, NY 10026

$545,000
3
BD
1
BA

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List Price
$545,000
Status
ACTIVE
MLS#
RLS20107507
Property Type
StockCooperative
Year Built
1914
Days on Market
37
Bedrooms
3
Bathrooms
1
Baths Full
1
County
New York
Subdivision
South Harlem
Neighborhood
South Harlem
Total Number of Rooms
5
Region
Manhattan
Hoa Fee
$979

Property Description

The Victory Renaissance (118-122 W 123rd St) is a fully renovated pre-war HDFC co-op, squarely in the middle of everything that is happening in Harlem today! A quick walk will take you to Whole Foods and the 2/3 subway stop, with Trader Joe's, the Red Rooster and more additional highly rated restaurants than you could shake a spatula at only a few blocks away! Not to mention the Magic Johnson Cinemas and the legendary Apollo Theater, along with major national store chains and one-of-a-kind boutiques and sidewalk vendors side-by-side... As well as historic Marcus Garvey Park, complete with playing fields, the historic Watchtower Hill, and a public swimming pool! With, of course, easy access to Central Park and the rest of the city... only a swipe of your OMNI pass away! But, while the Victory Renaissance is truly in the midst of the vibrant life and activity of uptown Manhattan, the block, itself, is quiet and friendly—with a beautiful and verdant community garden right next door, to which the co-op's residents have secure access to plant vegetables and flowers—or to simply enjoy the peace of an urban oasis. Apartment 7-4 is one of only four apartments on the seventh floor. As an estate property, it awaits the energy and personality of its new owners to move into the next stage in its evolution... which could be accomplished as simply as applying a fresh coat of paint - or - well, it will be up to you! The windowed kitchen and living room look west across rooftops to the skyline; the primary bedroom and the second bedroom look north to the street and sky, while the third bedroom faces south, with, again, a variegated view of buildings, rooftops, and clouds. 3 exposures in all, with lots of light and a variety of views. A large and modernized in-building laundry room is an elevator ride downstairs, with bike storage and storage lockers (subject to availability) adjacent. Due to its status as an HDFC co-op (complete with a lower real estate tax than "regular co-ops", and, hence, a correspondingly lower maintenance charge), potential purchasers at the Victory Renaissance will need to comply with the 2026 120% AMI income caps ($142,560 for a 1-person household, $162,840 for 2 people, $183,240 for 3 people, and $203,520 for a 4-person household)... while making a 20% down payment and using the co-op as their primary residence. Which, given the verdict of the many long-term residents of the co-op, would be one of the best decisions a person could make! Please check in to ask any unanswered questions, including - when's the best time to come and take a look! Note: your bank's lending officer will be delighted at the strong financials of the building - with a number of major banks working with incentivizing programs for the neighborhood.

Additional Information

Cooling
Other
View
City
Building Name
Victory Renaissance
Number Of Units
36
Building Stories
9
Laundry
None
Pets
No, No

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Douglas A Booth (dbooth@bhsusa.com) from Listing Office: Brown Harris Stevens Residential Sales LLC.

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