RealtyLens
for saleRealtyLens property overview
$3,499,000

240 W 123rd St Unit Terra

Manhattan, NY, 10027
View more Manhattan, NY property pages
4Beds
3.5Baths
2,156Sqft
$1623$/sqft

Market Insights

Above nearby median+92%

$1623/sqft vs a nearby median of $844/sqft.

Nearby median$844/sqft
Nearby properties8
Property size2,156 sqft
  • +92% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,156 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.84M$1.67M$2.00M · 50% confidence
vs ask $3.50M+$1.66M (+47.5%)

Asking price is about 47.5% above where comps + adjustments land — there is room to negotiate.

$844/sqft median across 7 tight comps × 2,156 sqft= $1.82M
  • Days-on-market gravity−$55k −3.0%
  • Transit access+$46k +2.5%
  • Modern construction+$27k +1.5%
Cumulative NYC adjustments+$18k+1.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+92% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
239 days
Last price change
No change recorded
Listed
Sep 15, 2025
Photos
14 photos
Property type
condos
Status
for sale

Photos

Building Facts

Year built
2023
Stories
7
Total units
2
Residential units
2
Building area
5,484 sqft
Lot size
1,396 sqft
Land use
One and two family buildings
Building class
B2

From NYC public records where available.

Price History

May 4, 2026Initial record
$3,499,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.