# 217 West 123rd Street, Manhattan

Apartment building · 27 units · built 2025 · Block 1929, Lot 23.

On Umarelli: https://umarelli.org/nyc/1019290023/217-west-123-street

More construction in Harlem: https://umarelli.org/nyc/manhattan/harlem.md

## Building permits

- Alteration, filed Sep 16, 2024, estimated cost $6K, described as “Installation of temporary needle beam as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 22, 2024, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 22, 2024, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jun 20, 2024, estimated cost $1K, described as “Installation of a temporary wooden construction fence.”
- Alteration, filed Nov 20, 2019, estimated cost $1K, described as “Temporary Construction fence.”

## Property taxes

- Assessment: $1,760,400
- 2026–27 tax: $10,712
- Market value (city estimate): $3,912,000
- Taxable value: $86,120
- Assessed land: $215,100
- Assessed improvements: $1,545,300

## Tax breaks

- 421-a exemption, through Jun 30, 2060, about $208,264 a year below the full tax.

## Zoning

R7A (part of the lot is R8): floor area ratio 4.27 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jul 3, 2024: $1,875,000
- Jun 14, 2017: $816,666

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[New Multifamily Project Underway At 217 West 123rd Street In Harlem, Manhattan](https://newyorkyimby.com/2024/07/new-multifamily-project-underway-at-217-west-123rd-street-in-harlem-manhattan.html), New York YIMBY, Jul 9, 2024.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology