--- title: "7 East 124th Street, New York City, NY 10035" description: "7 East 124th Street, New York City, NY 10035 — Townhouse in South Harlem, Manhattan, NY. Last Sold Price $1,710,000. Sold on 7/31/2026. 5 bed, 3 bath, 960 sqft" url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10035/7-east-124th-street-ny-10035" source: "Real Estate Rebate Team" status: "Closed" --- # 7 East 124th Street, New York City, NY 10035 Townhouse in South Harlem, Manhattan, NY Courtesy of Douglas Elliman Real Estate ## At a Glance - **Last Sold Price**: $1,710,000 - **Status**: Sold on 7/31/2026 - **Beds**: 5 - **Baths**: 3 - **Sqft**: 960 - **Monthly Taxes**: $1,216 / mo - **Price per Sqft**: $1,781 - **Brokerage Fee**: Share Eligible This listing was successfully closed and is no longer active on the market. [Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) ## Photos (10) ![7 East 124th Street, New York City, NY 10035 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/33c69855-b12e-4263-9452-ff9e231101f0.jpg) ![7 East 124th Street, New York City, NY 10035 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ad5f162b-bbae-407f-8fb4-e21eec61e4c5.jpg) ![7 East 124th Street, New York City, NY 10035 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ecaf0ade-75ee-432f-8a55-8d9de200ee75.jpg) ![7 East 124th Street, New York City, NY 10035 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/da24fd7d-4d49-4e19-9a48-2f6274e5aff7.jpg) ![7 East 124th Street, New York City, NY 10035 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/85abdd3d-2f57-4a46-b30a-30bfdc8e5341.jpg) ![7 East 124th Street, New York City, NY 10035 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0ee27d54-1b25-458a-b1d3-358c8a2244e0.jpg) ![7 East 124th Street, New York City, NY 10035 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dc16f0d4-b5c1-4bc6-beed-628e047766ce.jpg) ![7 East 124th Street, New York City, NY 10035 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/92c3e598-4a6f-47b4-801a-a4ac4a2f3758.jpg) ![7 East 124th Street, New York City, NY 10035 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1fc96862-39a3-4b36-a47e-dc3203ff75d9.jpg) ![7 East 124th Street, New York City, NY 10035 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/58bc10dd-2849-4d49-834d-96a61362c150.jpg) ## Property Overview 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. ## Property Details - **Property Type**: Single Family Residence - **Beds**: 5 - **Baths**: 3 - **Rooms**: 12 - **Sqft**: 960 sqft - **Stories**: 3 - **Year Built**: 1909 - **Price per Sqft**: $1,781 - **Monthly Taxes**: $1,216 / mo - **Listed On**: Mar 5, 2026 - **Days on Market**: 191 Days ### Residence Features - In Unit - Private Outdoor Space Over 60 Sqft - Smoke Free ## Sales Evidence ### Recent closed sales 7 East 124th Street has one recorded sale since September 2021, the most recent for $1,710,000 in July 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sold Price | Sold | Source | | --- | --- | --- | --- | --- | | Entire property (Single Family Residence) | 5 | $1,710,000 | July 31, 2026 | MLS | ### How this price compares The median closed price for comparable house sales in South Harlem is $2,800,000, based on 5 sales between April 2022 and July 2026. This home is asking $1,710,000, $1,090,000 below that median. The middle half of those sales closed between $1,960,000 and $2,999,999. - **Median closed price**: $2,800,000 - **Middle half**: $1,960,000 – $2,999,999 - **Based on**: 5 house sales in South Harlem - **Period**: April 2022 – July 2026 - **Median $/ft²**: $753/ft² Across the 3 of these sales with a published asking price, the median closed at 89.6% of what it originally asked. 100% of them closed below the original ask. A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across South Harlem. Apartment sales are excluded from it entirely. ### How these sales were negotiated - **Sold vs original ask**: 89.6% of the original ask - **Closed below ask**: 100% of 3 sales - **Listed → in contract**: 90 days (about 13 weeks) - **In contract → closed**: 52 days (about 7 weeks) Across the 3 of these sales with a published asking price, the median closed at 89.6% of what it originally asked. 100% of them closed below the original ask. Half of these homes were in contract within 90 days (about 13 weeks) of coming to market, based on the 4 with a recorded listing date. Once a deal was agreed, closing took a further 52 days (about 7 weeks), based on the 4 with both dates recorded. 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 5 house sales in South Harlem, April 2022 – July 2026. 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 7 East 124TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/7-east-124th-street) ## Price and Property History for 7 East 124TH Street Review the recorded listing activity for 7 East 124TH Street, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $290,000, or 14.5%, on August 5, 2026 - **Originally listed**: March 5, 2026 at $2,000,000 - **Last sold**: $1,710,000 on July 31, 2026 | Date | Price | Listing event | | --- | --- | --- | | August 5, 2026 | $1,710,000 | Asking price reduced by $290,000, or 14.5% | | July 31, 2026 | $1,710,000 | Sold | | June 29, 2026 | $2,000,000 | Listing removed from the market | | June 22, 2026 | $2,000,000 | Entered contract | | March 5, 2026 | $2,000,000 | Listed for sale by Douglas Elliman Real Estate | ## Property Tax History Taxes at 7 East 124th Street were $15,834 in 2026, up 8.0% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $264,150 | $110,700 | $153,450 | $126,669 | $15,834 | 12.5% (estimated) | | 2025 (FY 2025/26) | $227,700 | $110,700 | $117,000 | $117,287 | $14,661 | 12.5% (estimated) | | 2024 (FY 2024/25) | $250,560 | $110,700 | $139,860 | $108,601 | $13,575 | 12.5% | | 2023 (FY 2023/24) | $208,800 | $110,700 | $98,100 | $108,601 | $13,577 | 12.502% | | 2022 (FY 2022/23) | $256,500 | $110,700 | $145,800 | $105,232 | $12,909 | 12.267% | | 2021 (FY 2021/22) | $301,500 | $110,700 | $190,800 | $97,438 | $11,922 | 12.235% | | 2020 (FY 2020/21) | $320,850 | $110,700 | $210,150 | $90,221 | $11,067 | 12.267% | | 2019 (FY 2019/20) | $267,300 | $110,700 | $156,600 | $83,539 | $10,420 | 12.473% | | 2018 (FY 2018/19) | $83,539 | — | — | $83,539 | $10,536 | 12.612% | | 2017 (FY 2017/18) | $80,948 | — | — | $80,948 | $10,296 | 12.719% | | 2016 (FY 2016/17) | $74,952 | — | — | $74,952 | $9,663 | 12.892% | | 2015 (FY 2015/16) | $69,401 | — | — | $69,401 | $8,941 | 12.883% | | 2014 (FY 2014/15) | $64,261 | — | — | $64,261 | $8,261 | 12.855% | | 2013 (FY 2013/14) | $64,261 | — | — | $64,261 | $8,447 | 13.145% | | 2012 (FY 2012/13) | $62,268 | — | — | $62,268 | $8,208 | 13.181% | | 2011 (FY 2011/12) | $57,656 | — | — | $57,656 | $7,745 | 13.433% | | 2010 (FY 2010/11) | $53,386 | — | — | $53,386 | $7,129 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 1017490007. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 7 East 124th Street South Harlem · Townhouse 7 East 124th Street, New York, NY 10035 A Townhouse in South Harlem built in 1909. - **Year Built**: 1909 - **Total Units**: 1 - **Floors**: 3 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/7-east-124th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10035/7-east-124th-street-ny-10035) | 5 | 3 | 960 sqft | $1,781 | $1,710,000 (-14.5%) | Douglas Elliman Real Estate | Mar 5, 2026 | 191 days | ## Estimated Monthly Payment **$9,863 / month**, assuming a 20% down payment ($342,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $8,647 - **Property Taxes**: $1,216 Estimates only. Actual payments may vary. Confirm terms with your lender. ## South Harlem Overview of South Harlem [Explore South Harlem](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/south-harlem) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby South Harlem - [Morningside Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights) - [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem) ## Related Links - [7 East 124TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/7-east-124th-street) - [South Harlem neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/south-harlem) - [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.