---
title: "501 West 123rd Street #12E, New York City, NY 10027"
description: "501 West 123rd Street #12E, New York City, NY 10027 — Morningside Heights, New York City, NY. Listing Price $310,000. In contract 9/5/2026. Studio bed, 1 bath, 500 sqft Illustrative Buyer Commission Share of $4,650 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/501-west-123rd-street-e-12E-ny-10027"
source: "Real Estate Rebate Team"
dateModified: "2026-09-10T17:32:29.059Z"
status: "Pending"
---

# 501 West 123rd Street #12E, New York City, NY 10027

Morningside Heights, New York City, NY

Courtesy of Douglas Elliman Real Estate

Last updated: September 10, 2026, 1:32 PM

## At a Glance

- **Listing Price**: $310,000
- **Status**: In contract 9/5/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: Studio
- **Baths**: 1
- **Sqft**: 500
- **Common Charges**: $1,160 / mo
- **Price per Sqft**: $620
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $310,000
- **Illustrative Buyer Commission Share**: -$4,650*
- **Illustrative Net Cost**: $305,350

*Illustrative Buyer Savings of $4,650 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![501 West 123rd Street #12E, New York City, NY 10027 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/df858d5f-4487-4edf-9db7-10f5eb8755b5.jpg)
![501 West 123rd Street #12E, New York City, NY 10027 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/eff0a470-3b29-4039-884d-624fadb453f6.jpg)
![501 West 123rd Street #12E, New York City, NY 10027 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7dab4904-e635-4c19-9cf7-a3f4ddb48c2a.jpg)
![501 West 123rd Street #12E, New York City, NY 10027 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dceb7ff7-b2f4-4d66-8d2f-0b18da33c1f9.html)
![501 West 123rd Street #12E, New York City, NY 10027 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/35632cdc-2c16-4202-a3ae-4e117cde9362.jpg)
![501 West 123rd Street #12E, New York City, NY 10027 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/03e2d36f-bb64-4645-a8f0-61d824f20898.jpg)
![501 West 123rd Street #12E, New York City, NY 10027 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9295fdeb-cb3a-4eb5-8a01-75b95c84a0cf.jpg)
![501 West 123rd Street #12E, New York City, NY 10027 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/47363c1f-b216-4584-802b-b48ef7da3199.jpg)
![501 West 123rd Street #12E, New York City, NY 10027 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e7ebc4c5-3edf-4833-8774-23c406f4eef6.jpg)
![501 West 123rd Street #12E, New York City, NY 10027 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bab0c854-8757-40ac-9f63-cfb7100644bf.jpg)

## Property Overview

Let the Sun Flood In - New To Market!

  Morningside Gardens @ 123rd & LaSalle St (124th St) Btw Amst & Bway.

  Live in the Heart of both Columbia's South & the New North Campus on 125th.

 Charming, Spacious & Bright Studio (500 SF Approx) apt with large (17'11 X 17'1) Living Area with Gorgeous light all day from oversized wall to ceiling windows facing East & South with open city views. Windowed Eat-In-Kitchen has nice wooden cabinets & a stainless Refrigerator. Bathroom in good original condition, hardwood floors thru-out, high ceilings & generous closets, (3 in total). What a great opportunity to make this Wonderful Apt Your New Home!

  Morningside Gardens has completed a full complex overhaul to upgrade the connecting walkways, signage, parking facilities, playground, picnic & sitting areas, gardens, plantings & ornamental trees.

  This well-kept financially stable pro-active Community Complex of six (6) Buildings on eight (8) acres of beautifully landscaped flowering gardens & planting including fig & apple trees. Residents benefit from amazing amenities including a state-of-the-art gym, children's indoor playrooms, outdoor playground & day care, "Tweens" activity room w/ pool table, air hockey & table-tennis; numerous clubs & workshops, ceramic's, woodworking, photography, computer, etc., theater & meeting rooms, laundry, storage, parking garage, pet friendly, 24/7 security & easy Board process.

  Sorry, No Pied-A-Terre's, Guarantors or Co-Purchasing, Gifting is OK & Must be Primary Residence.

  Surrounded by great restaurants & around the corner from the Hot Spots & Night Life of Morningside Heights, Columbia & Central Harlem, more stellar restaurants & nightlife, great shopping, health clubs, movie theaters, Morningside Park Farmers Market & Whole Foods. Enjoy Life, you CAN have it ALL!

  Walking distance to Columbia, Barnard, Teachers College, Manhattan School of Music, Jewish & Union Theological Seminaries, Riverside Church, Grant's Tomb, St-Luke's Hospital, Riverside, Sakura, Morningside, Hudson River Parks & Harlem River Piers, great running & bike paths, tennis courts and so much more.

  Conveniently near Bus & Subway transportation, steps away from the 1/2/3/A/B/C/D trains & M4, M11, M60, M100, M101, M104 & BX15 buses.

  Learn all about Columbia Manhattanville North Campus Expansion. www.manhattanville.columbia.edu

## Property Details

- **Property Type**: Co-op
- **Baths**: 1
- **Rooms**: 2
- **Sqft**: 500 sqft
- **Stories**: 21
- **Year Built**: 1956
- **Price per Sqft**: $620
- **Common Charges**: $1,160 / Monthly
- **Listed On**: Feb 1, 2026
- **Days on Market**: 223 Days

### Residence Features

- Window Unit(s)
- Building Other
- Building Courtyard
- High Ceilings
- City Lights
- City

## Sales Evidence

### Recent closed sales

105 apartments at MORNINGSIDE GARDENS have recorded sales since September 2021, the most recent for $310,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [6E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/70-la-salle-street-e-6E-ny-10027) (Apartment) | Studio | 500 | $310,000 | $620/ft² | August 18, 2026 | MLS |
| [8E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/90-la-salle-street-e-8E-ny-10027) (Apartment) | Studio | — | $300,000 | — | July 29, 2026 | MLS |
| 7B (Apartment) | 1 | — | $539,000 | — | June 22, 2026 | City record · MLS |
| 12H (Apartment) | 1 | — | $510,000 | — | May 19, 2026 | City record · MLS |
| 10H (Apartment) | 1 | — | $350,000 | — | May 7, 2026 | City record · MLS |
| 8C (Apartment) | 2 | — | $595,000 | — | February 9, 2026 | City record · MLS |
| 11H (Apartment) | 1 | — | $560,000 | — | January 20, 2026 | City record · MLS |
| 6B (Apartment) | 2 | — | $665,000 | — | January 8, 2026 | City record · MLS |
| 3a (Apartment) | 2 | 950 | $635,000 | $668/ft² | December 18, 2025 | City record · MLS |
| 10C (Apartment) | 2 | — | $600,000 | — | October 27, 2025 | City record · MLS |
| 13C (Apartment) | 2 | — | $605,000 | — | October 21, 2025 | City record · MLS |
| 21D (Apartment) | 2 | — | $690,000 | — | October 20, 2025 | City record · MLS |
| 14C (Apartment) | 2 | — | $718,000 | — | October 15, 2025 | City record · MLS |
| 19H (Apartment) | 1 | — | $530,000 | — | August 14, 2025 | City record · MLS |
| 6D (Apartment) | 1 | — | $475,000 | — | August 13, 2025 | City record · MLS |
| 5A (Apartment) | 2 | — | $550,000 | — | July 28, 2025 | City record · MLS |
| 15D (Apartment) | 2 | — | $685,000 | — | July 21, 2025 | City record · MLS |
| 11H (Apartment) | 1 | — | $525,000 | — | July 21, 2025 | City record · MLS |
| 16E (Apartment) | Studio | — | $275,000 | — | July 1, 2025 | City record · MLS |
| 15B (Apartment) | 2 | — | $650,000 | — | June 11, 2025 | City record · MLS |
| 2B (Apartment) | 2 | — | $620,000 | — | May 15, 2025 | City record · MLS |
| 18G (Apartment) | 2 | 950 | $775,000 | $816/ft² | May 8, 2025 | City record · MLS |
| 7G (Apartment) | 2 | 950 | $605,000 | $637/ft² | March 26, 2025 | City record · MLS |
| 11G (Apartment) | 2 | — | $725,000 | — | March 20, 2025 | City record · MLS |
| 4A (Apartment) | 2 | — | $610,000 | — | March 13, 2025 | City record · MLS |
| 21A (Apartment) | 2 | — | $700,000 | — | March 10, 2025 | City record · MLS |
| 9F (Apartment) | 3 | — | $1,050,000 | — | February 25, 2025 | City record · MLS |
| 11F (Apartment) | 3 | — | $903,000 | — | February 5, 2025 | City record · MLS |
| 20-D (Apartment) | 2 | — | $628,000 | — | January 22, 2025 | City record · MLS |
| 10G (Apartment) | 2 | 950 | $642,000 | $676/ft² | January 14, 2025 | City record · MLS |
| 19C (Apartment) | 2 | — | $595,000 | — | December 18, 2024 | City record · MLS |
| 13B (Apartment) | 2 | 950 | $610,000 | $642/ft² | December 18, 2024 | City record · MLS |
| 18F (Apartment) | 3 | — | $1,200,000 | — | December 12, 2024 | City record · MLS |
| 4F (Apartment) | 3 | 1,200 | $985,000 | $821/ft² | November 5, 2024 | City record · MLS |
| 12E (Apartment) | Studio | — | $325,000 | — | October 30, 2024 | MLS |
| 11H (Apartment) | 1 | — | $430,000 | — | October 17, 2024 | MLS |
| 2B (Apartment) | 1 | — | $420,000 | — | October 17, 2024 | MLS |
| 21D (Apartment) | 2 | — | $625,000 | — | October 16, 2024 | City record · MLS |
| 5C (Apartment) | — | — | $606,500 | — | October 9, 2024 | City record |
| 4-D (Apartment) | 2 | 950 | $635,000 | $668/ft² | August 28, 2024 | City record · MLS |

Showing the 40 most recent of 105 recorded sales in this period.

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable studio sales at MORNINGSIDE GARDENS is $305,000, based on 11 sales between January 2022 and July 2025. This home is asking $310,000, $5,000 above that median. The middle half of those sales closed between $286,000 and $308,500.

- **Median closed price**: $305,000
- **Middle half**: $286,000 – $308,500
- **Based on**: 11 studio sales at MORNINGSIDE GARDENS
- **Period**: January 2022 – July 2025

Square footage is recorded for only 3 of these 11 sales (27%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

Across the 8 of these sales with a published asking price, the median closed at 93.1% of what it originally asked. 100% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 93.1% of the original ask
- **Closed below ask**: 100% of 8 sales
- **Listed → in contract**: 154 days (about 22 weeks)
- **In contract → closed**: 90 days (about 13 weeks)

Across the 8 of these sales with a published asking price, the median closed at 93.1% of what it originally asked. 100% of them closed below the original ask.

Half of these homes were in contract within 154 days (about 22 weeks) of coming to market, based on the 9 with a recorded listing date.

Once a deal was agreed, closing took a further 90 days (about 13 weeks), based on the 9 with both dates recorded. A co-op board package and its interview account for much of that.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 11 studio sales at MORNINGSIDE GARDENS, January 2022 – July 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at MORNINGSIDE GARDENS](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/morningside-gardens)

## Price and Property History for 501 West 123RD Street, Unit 12E

Review the recorded listing activity for 501 West 123RD Street, Unit 12E, including asking-price changes and prior market dates.

- **Entered contract**: September 5, 2026
- **Last sold**: $325,000 on October 30, 2024

| Date | Price | Listing event |
| --- | --- | --- |
| September 5, 2026 | $310,000 | Entered contract |
| February 1, 2026 | $310,000 | Listed for sale by Douglas Elliman Real Estate |
| October 30, 2024 | $325,000 | Sold |
| June 26, 2024 | $325,000 | Entered contract |
| May 16, 2024 | $335,000 | Listed for sale by Corcoran Group |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 982 apartments. The corporation’s 2026 property tax bill was $8,557,953 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for MORNINGSIDE GARDENS](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/morningside-gardens)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### MORNINGSIDE GARDENS

Morningside Heights · Stock Cooperative

90 LA SALLE Street, New York, NY 10027

A building in Morningside Heights, currently featuring 15 active listings.

- **Year Built**: 1956
- **Total Units**: 15
- **Floors**: 21

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/morningside-gardens)

### Available Residences — For Sale (15)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [12E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/501-west-123rd-street-e-12E-ny-10027) | Studio | 1 | 500 sqft | $620 | $310,000 — In contract | Douglas Elliman Real Estate | Feb 1, 2026 | 223 days |
| [3G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/549-west-123rd-street-3g-ny-10027) | 2 | 1 | 950 sqft | $721 | $685,000 (-2.0%) — In contract | Douglas Elliman Real Estate | Jun 14, 2023 | 1,186 days |
| [18E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/549-west-123rd-street-e-18E-ny-10027) | Studio | 1 | — | — | $350,000 — In contract | Bond New York Properties LLC | Sep 17, 2025 | 360 days |
| [5E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/100-la-salle-street-e-5E-ny-10027) | Studio | 1 | 500 sqft | $598 | $299,000 | Douglas Elliman Real Estate | Dec 31, 2025 | 255 days |
| [2E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/80-la-salle-street-e-2E-ny-10027) | Studio | 1 | 525 sqft | $570 | $299,000 (-3.5%) — In contract | Corcoran Group | Jan 20, 2026 | 235 days |
| [5E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/70-la-salle-street-e-5E-ny-10027) | Studio | 1 | 500 sqft | $620 | $310,000 | Corcoran Group | Jan 20, 2026 | 235 days |
| [9A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/80-la-salle-street-9a-ny-10027) | 1 | 1 | — | — | $510,000 (-2.9%) | Corcoran Group | Jan 29, 2026 | 226 days |
| [6E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/70-la-salle-street-e-6E-ny-10027) | Studio | 1 | 500 sqft | $620 | $310,000 | Douglas Elliman Real Estate | Feb 1, 2026 | 223 days |
| [8E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/90-la-salle-street-e-8E-ny-10027) | Studio | 1 | — | — | $300,000 | Compass | Mar 2, 2026 | 194 days |
| [7G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/80-la-salle-street-g-7G-ny-10027) | 2 | 1 | 950 sqft | $658 | $625,000 — In contract | Douglas Elliman Real Estate | Jun 24, 2026 | 80 days |
| [21H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/549-west-123rd-street-21h-ny-10027) | 1 | 1 | 750 sqft | $799 | $599,000 — In contract | Douglas Elliman Real Estate | Jul 15, 2026 | 59 days |
| [7B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/501-west-123rd-street-7b-ny-10027) | 2 | 1 | 950 sqft | $683 | $649,000 — In contract | Douglas Elliman Real Estate | Jul 21, 2026 | 53 days |
| [2A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/501-west-123rd-street-2a-ny-10027) | 2 | 1 | — | — | $635,000 — In contract | Corcoran Group | Jul 30, 2026 | 44 days |
| [9H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/80-la-salle-street-9h-ny-10027) | 1 | 1 | — | — | $525,000 — In contract | Corcoran Group | Aug 13, 2026 | 30 days |
| [8A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/80-la-salle-street-8a-ny-10027) | 1 | 1 | — | — | $550,000 | Corcoran Group | Sep 8, 2026 | 4 days |

## Estimated Monthly Payment

**$2,728 / month**, assuming a 20% down payment ($62,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $1,568
- **Common Charges**: $1,160

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Morningside Heights

Overview of Morningside Heights

[Explore Morningside Heights](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Morningside Heights

- [Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/harlem)
- [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem)
- [Upper West Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-west-side)
- [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park)

## Related Links

- [MORNINGSIDE GARDENS — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/morningside-gardens)
- [Morningside Heights neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.