--- title: "523 West 121st Street #2, New York City, NY 10027" description: "523 West 121st Street #2, New York City, NY 10027 — Morningside Heights, New York City, NY. Listing Price $749,000. In contract 7/31/2026. 2 bed, 1 bath Illustrative Buyer Commission Share of $11,235 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/523-west-121st-street-2-ny-10027" source: "Real Estate Rebate Team" status: "Pending" --- # 523 West 121st Street #2, New York City, NY 10027 Morningside Heights, New York City, NY Courtesy of Serhant ## At a Glance - **Listing Price**: $749,000 - **Status**: In contract 7/31/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 2 - **Baths**: 1 - **Common Charges**: $1,782 / mo - **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**: $749,000 - **Illustrative Buyer Commission Share**: -$11,235* - **Illustrative Net Cost**: $737,765 *Illustrative Buyer Savings of $11,235 — 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) ![523 West 121st Street #2, New York City, NY 10027 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c74b4315-6fc1-480f-8583-54af5e9d95eb.jpg) ![523 West 121st Street #2, New York City, NY 10027 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e0e4499b-5a1c-43b1-897e-69222a1436f4.jpg) ![523 West 121st Street #2, New York City, NY 10027 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8be27559-c314-4a80-8ce4-19f1d860e116.jpg) ![523 West 121st Street #2, New York City, NY 10027 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/649c68ff-7f3c-4d57-8d72-9069869dc016.jpg) ![523 West 121st Street #2, New York City, NY 10027 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/05da6c4f-801f-4a5d-b9a5-e87c3270a048.jpg) ![523 West 121st Street #2, New York City, NY 10027 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a0ed1754-ae98-4e0a-8579-97eca1924e9c.jpg) ![523 West 121st Street #2, New York City, NY 10027 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f6686f88-ef8b-46cc-bf08-7d4bd807953f.jpg) ![523 West 121st Street #2, New York City, NY 10027 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c9d6f478-696d-4b74-b7de-6acff0d01859.jpg) ![523 West 121st Street #2, New York City, NY 10027 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e8d79e35-ec77-4d14-9fdf-26e389b681f0.jpg) ![523 West 121st Street #2, New York City, NY 10027 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e1093336-9ac7-42b5-9aab-ecdf1ef237b2.jpg) ## Property Overview Welcome to this beautifully detailed 2-bedroom, 1-bath home in the heart of Morningside Heights, located on West 121st Street between Broadway and Amsterdam. With generous proportions, classic pre-war character, and the flexibility to explore a potential 3-bedroom configuration, this home offers the space, charm, and long-term versatility that is increasingly hard to find in Manhattan. The apartment opens with a gracious foyer and leads into a massive living and dining area that was formerly configured as separate living and formal dining rooms. Today, the space lives beautifully as an expansive open entertaining area, with tall ceilings, hardwood floors, oversized windows, and rich pre-war details throughout. The scale of the room also creates a compelling opportunity for buyers to consider an alternate 3-bedroom layout, while still preserving comfortable living and dining space. Original-style wainscoting, transoms, picture moldings, and substantial base moldings add warmth and architectural texture throughout the home. These details give the apartment a sense of character and craftsmanship that newer homes often lack, while the current layout provides the openness and functionality today's buyers want. The windowed kitchen offers excellent storage, abundant countertop space, wood cabinetry, and a practical layout that makes everyday cooking easy. Both existing bedrooms are true bedrooms, and the home also offers abundant closet space, including a walk-in closet. The beautifully tiled bathroom features a Jacuzzi tub. A major added benefit is the large private storage closet included with the sale. Unlike a typical storage bin, this is a robust private storage space with built-in shelving, making it especially useful for seasonal items, luggage, sports equipment, bulk household goods, or anything you want close by but out of the apartment. Set within a lovely turn-of-the-century elevator co-op, the building offers attended front desk coverage, a live-in super, in-building laundry, bike storage, and pet-friendly policies welcoming both dogs and cats. Mail is delivered directly to each owner's door, adding another layer of convenience. Perfectly positioned between the Upper West Side and Harlem, Morningside Heights offers a rare mix of neighborhood charm, architectural beauty, green space, and cultural energy. Enjoy easy access to Columbia University, Barnard College, Teachers College, Morningside Park, Riverside Park, local cafes, restaurants, Saturday farmers markets, and world-class cultural institutions. The 1, A, B, C, and D subway lines are all within reach, making this a highly convenient Manhattan home with space, character, flexibility, and strong long-term appeal. ## Property Details - **Property Type**: Co-op - **Beds**: 2 - **Baths**: 1 - **Rooms**: 5 - **Stories**: 6 - **Year Built**: 1904 - **Common Charges**: $1,782 / Monthly - **Listed On**: Jun 3, 2026 - **Days on Market**: 105 Days ### Residence Features - Building In Basement ## Sales Evidence ### Recent closed sales 2 apartments at The Spencer have recorded sales since September 2021, the most recent for $953,500 in July 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 43 (Apartment) | 2 | 1,201 | $953,500 | $794/ft² | July 31, 2025 | City record · MLS | | 1 (Apartment) | — | — | $599,000 | — | December 6, 2022 | City record | 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 co-op two-bedroom sales in Morningside Heights is $638,500, based on 34 sales between September 2024 and June 2026. This home is asking $749,000, $110,500 above that median. The middle half of those sales closed between $601,250 and $762,500. - **Median closed price**: $638,500 - **Middle half**: $601,250 – $762,500 - **Based on**: 34 co-op two-bedroom sales in Morningside Heights - **Period**: September 2024 – June 2026 Square footage is recorded for only 9 of these 34 sales (26%), 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 33 of these sales with a published asking price, the median closed at 95.1% of what it originally asked. 76% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Morningside Heights instead. ### How these sales were negotiated - **Sold vs original ask**: 95.1% of the original ask - **Closed below ask**: 76% of 33 sales - **Listed → in contract**: 92 days (about 13 weeks) - **In contract → closed**: 88 days (about 13 weeks) Across the 33 of these sales with a published asking price, the median closed at 95.1% of what it originally asked. 76% of them closed below the original ask. Half of these homes were in contract within 92 days (about 13 weeks) of coming to market, based on the 32 with a recorded listing date. Once a deal was agreed, closing took a further 88 days (about 13 weeks), based on the 32 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 34 co-op two-bedroom sales in Morningside Heights, September 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for co-op two-bedroom sales in Morningside Heights, 2017 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $1,155,000 | 14 | | 2018 | $758,750 | 16 | | 2019 | $786,000 | 19 | | 2021 | $715,000 | 29 | | 2022 | $690,000 | 22 | | 2023 | $659,500 | 18 | | 2024 | $705,000 | 18 | | 2025 | $667,500 | 22 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Morningside Heights instead. 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 The Spencer](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-spencer) ## Price and Property History for 523 West 121ST Street, Unit 2 Review the recorded listing activity for 523 West 121ST Street, Unit 2, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $50,000, or 6.3%, on June 27, 2026 - **Originally listed**: June 3, 2026 at $799,000 - **Entered contract**: July 31, 2026 | Date | Price | Listing event | | --- | --- | --- | | July 31, 2026 | $749,000 | Entered contract | | June 27, 2026 | $749,000 | Asking price reduced by $50,000, or 6.3% | | June 3, 2026 | $799,000 | Listed for sale by Serhant | | June 25, 2013 | — | Sold | | February 14, 2013 | $620,000 | Listed for sale by The Corcoran Group | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 24 apartments. The corporation’s 2026 property tax bill was $212,533 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 The Spencer](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-spencer) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### The Spencer 523 West 121st Street, New York, NY 10027 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1904 - **Total Units**: 1 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-spencer) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [2](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/523-west-121st-street-2-ny-10027) | 2 | 1 | — | — | $749,000 (-6.3%) — In contract | Serhant | Jun 3, 2026 | 104 days | ## Estimated Monthly Payment **$5,569 / month**, assuming a 20% down payment ($149,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $3,787 - **Common Charges**: $1,782 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 - [The Spencer — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-spencer) - [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.