New York (Morningside Heights), NY, 10027 | $725,000

*****Newly Renovated***** Welcome to Apartment 3A at 501 West 123rd Street — a freshly renovated home in the heart of Morningside Heights, offering modern updates, generous space, and access to an amenity-rich co-op community. This spacious 2-bedroom, 1-bath residence has just been thoughtfully updated to combine comfort and style. Recent renovations include luxury vinyl flooring throughout, fresh paint, and new lighting fixtures that brighten every room. The kitchen features a brand-new Whirlpool refrigerator and Whirlpool stove/oven, perfect for everyday cooking and entertaining. The bathroom has been completely remodeled, now featuring updated tile flooring, new shower tile, and modern lighting, creating a clean and contemporary feel. Located in the highly coveted “A line, ” Apartment 3A is known for its soaring ceilings, expansive layout, and oversized windows that flood the home with natural light and offer peaceful views of landscaped gardens and mature trees. With nine closets throughout, storage is abundant and effortless. Set within a lush 8-acre complex, the co-op offers an exceptional list of amenities, including: -24-hour security -State-of-the-art fitness center -On-site parking garage (available for a fee) -Children’s playroom and outdoor playground -Woodworking and pottery studios -Game room and in-house theater company -Pre-K program, community meeting rooms -Active retirement association for seniors Recent upgrades to the outdoor common areas — including new plantings and accessible ramps — further enhance the beauty and functionality of the property. The location offers unbeatable convenience, just minutes from grocery stores like Trader Joe’s, Whole Foods, and Fairway, as well as a vibrant mix of restaurants, cafés, and nightlife. Prestigious institutions such as Columbia University, Barnard College, and the Manhattan School of Music are all nearby, along with beloved parks and cultural destinations. Move right in and enjoy the rare combination of renovated interiors and a welcoming community — all in one of Manhattan’s most dynamic neighborhoods.

Features

  • Town: New York
  • Levels: 21
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Lot Size: 776.93 x 503.67
  • Laundry: Common Area,Laundry Room
  • Complex: Morningside Gardens
  • Year Built: 1957
  • Common Charge: $1,462 Monthly
  • Approx Sq. Feet: 950
  • Est. Taxes: $0
  • Pet Policy: Building Yes,Yes
  • MLS#: RLS11019175
  • Days on Market: 113 days
  • Website: https://www.raveis.com
    /prop/RLS11019175/501w123rdstreet_newyork_ny?source=qrflyer
Copyright © 2025  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Daniel Gale Sotheby's International Realty   Phone: (631) 423-1180

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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New York (Morningside Heights), NY, 10027

$725,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $580,000 $580,000 $580,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.025% 6.132%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,666 $3,810 $4,855
Total Monthly Payment $3,758 $3,902 $4,947

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.