Friday, August 10, 2012

☞ DWELL: 123 West 118th Street Townhouse

OPEN HOUSE:  Sunday, August 12th, 11:30AM-1:30PM.  A spectacular 20-foot-wide limestone townhouse is up on the market at 123 West 118th Street for the asking of $2.695 million. The roughly 5,000-square-foot, 3-family home has had the same owner since the mid 90s and appears to have all of the original details intact and restored.  Photos of kitchens and baths are not included so this one might need a little work done to it.

As one Bespoke reader mentioned, the area around the Mount Morris Park Historic District has one of the best housing stock in Harlem, and is located close to many amenities.  Also noted by the said reader is that most of the house selling above the $2 million mark have been turnkey so it is unclear if this one is priced accordingly.  On the other hand, updating the kitchen and baths will probably be less of hassle financially since the rest of the house does not need a gut renovation. More photos and details on Streeteasy: LINK


  1. I LOVE it but I'm betting all the mechanicals are in need of updating. Willie Kathyn Suggs is the queen of fantasy pricing.

    I'd have an inspector/ engineer go over this with a fine tooth comb. But it's gorgeous and a lovely block.

  2. SM - having been there myself, I agree. While a gut reno means taking a house down to its studs, which would be a shame in such a beautiful house, restoration and updating within the confines of historic house can cost just as much if not more. You are working with plaster not sheetrock, you have wordwork to restore (the current owner took good care of it but you can see it needs work in some places), the floors need work, all of the bathrooms. But a beautiful place and given detail, location, and width I think it will get over 2 but not more than 2.5. I call 2.2, and the owner will spend 500k plus renovating ...

  3. Oh, I wasn't even thinking about the renovation. I was making the (totally without foundation) assumption That if it's been in the same family for years and years the boiler, the roof, the wiring et al are probably not brand spanking new.

    That said, just look at that ceiling. Is that to die for?

  4. I am a neighbor of the current owner (s) and will be so sad to see them go. A beautiful house though and wishing them Godspeed and great blessing.

    1. I hope they are moving to someplace they've always wanted to go. What a jewel that hours is; hope you will be equally blessed with the new neighbours