231 123rd Street
About this property
Welcome to The Apollo, a modern multifamily building located in the vibrant East Harlem neighborhood of Manhattan. This approximately 6-story elevator building offers 11 residential units and was developed with contemporary living in mind. The building features a modern design with great lighting, stylish kitchens with beautiful cabinetry and stainless-steel appliances. Many of the residences also offer private balconies or outdoor space. The property offers a variety of residential layouts, including 8 one-bedroom units and a penthouse with 3 bedrooms. The first floor includes front and rear duplex residences. Located in East Harlem, the property benefits from excellent access to transportation, shopping, dining, parks, and neighborhood amenities. The 4, 5, and 6 subway lines are located nearby, providing convenient access throughout Manhattan and beyond. With its modern construction, elevator access, contemporary finishes, and desirable East Harlem location, this property presents an attractive multifamily investment opportunity in Upper Manhattan.
Listing details
- Property Type
- Commercial Sale
- Sub-Type
- Multi Family
- Year Built
- 2018
- Lot Size
- 2,523 sqft
- County
- New York (Manhattan)
- MLS #
- KEY1035916
- Status
- Active
Street view & aerial
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FMR for New York (Manhattan), NY 10035
FY2025 · Nassau-Suffolk HUD Metro FMR Area
All bedroom sizes — ZIP 10035
| Unit Size | Monthly FMR | Annual Gross |
|---|---|---|
| Studio | $1,900 | $22,800 |
| 1 Bedroom | $2,156 | $25,872 |
| 2 Bedroom | $2,640 | $31,680 |
| 3 BedroomSubject | $3,324 | $39,888 |
| 4 Bedroom | $3,683 | $44,196 |
Source: U.S. Department of Housing & Urban Development — Nassau-Suffolk HUD Metro FMR Area, FY2025. FMR represents the 40th-percentile gross rent under the Section 8 Housing Choice Voucher program. Market rents in stable Long Island submarkets typically run 110–130% of FMR.
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Questions about this listing
Is 231 123rd Street in New York (Manhattan) still available?
Inventory changes daily. 231 123rd Street is currently listed as Active in OneKey® MLS. Contact East End Luxury Ltd. at (516) 449-2783 for the most up-to-date status, including any pending offers, auction date, or short-sale lender response.
Can I tour a foreclosure or short sale on Long Island?
Yes. Most distressed properties on Long Island, the Hamptons, and East End are available for showings by appointment. We coordinate access with the listing brokerage, asset manager, or seller's attorney and can typically schedule a tour within 24–72 hours.
How do offers work on a short sale or REO listing?
Short sales require lender approval and typically take 60–120 days from accepted offer to closing. REO/bank-owned listings follow asset-manager addenda and usually close in 30–45 days. Cash offers and pre-approved buyers receive priority. We guide you through every step.
Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Listing last updated: 08/24/2026, 04:59 PM ET
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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