523 121 Street
About this property
Estate sale opportunity in the charming, pre-war "The Spencer" Co-operative, in the heart of Morningside Heights. This spacious 2 bed, 1 bath co-op offers a rare chance to create a completely custom home. The unit has great bones, just needs to be restored. Low monthly maintenance: $1,781.53. Individual investors welcome as well. Unit highlights: - Massive living room - Tall ceilings - Abundant closet space, including walk-in closet - Many oversized windows - Hardwood floors - Foyer Amenities: 24/7 doorman, live-in super, in-building laundry, bike storage and storage unit. Elevator in building. Dogs and cats allowed. About Morningside Heights: Nestled between the Upper West Side and Harlem, Morningside Heights offers an extraordinary blend of intellectual energy, architectural grandeur, and authentic neighborhood charm that is increasingly rare in Manhattan. Here, tree-lined streets meet world-class institutions. Plenty of action, while still being able to have space. Grab a coffee at one of the independent cafes along Broadway, get lost in the farmers market on Saturdays in Morningside Park, go for a river-walk along the 4 miles of Riverside Park, or visit any of the nearby world class cultural institutions with free community events. Short walk to the 1, A, B, C, D subway lines, Columbia University, Barnard College, Morningside Park, and Riverside Park. PRICE REFLECTS THE CONDITION.
Listing details
- Property Type
- Residential
- Sub-Type
- Stock Cooperative
- Year Built
- 1926
- Living Area
- 850 sqft
- County
- New York (Manhattan)
- MLS #
- KEY967588
- Status
- Pending
Street view & aerial
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FMR for New York (Manhattan), NY 10027
FY2025 · Nassau-Suffolk HUD Metro FMR Area
All bedroom sizes — ZIP 10027
| Unit Size | Monthly FMR | Annual Gross |
|---|---|---|
| Studio | $1,900 | $22,800 |
| 1 Bedroom | $2,156 | $25,872 |
| 2 BedroomSubject | $2,640 | $31,680 |
| 3 Bedroom | $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 523 121 Street in New York (Manhattan) still available?
Inventory changes daily. 523 121 Street is currently listed as Pending 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: 06/13/2026, 07:34 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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