251 East 123rd Street, Manhattan
technical data · neighborhood and transit
251 East 123rd Street, Manhattan: owner of record 251 E 123RD ST REALTY, LLC, assessed at $893,700, 32 open housing violations. Sourced directly from official city and county records.
Quick answers
- Who owns 251 East 123rd Street?
- 251 E 123RD ST REALTY, LLC is the owner of record, per NYC Department of Finance (BBL 1017880022).
- When did 251 East 123rd Street last change hands?
- 2022-08-17 to 251 E 123RD ST REALTY, LLC, by a deed recorded with no sale price in NYC ACRIS.
- What is the assessed value of 251 East 123rd Street?
- $893,700, set by the NYC Department of Finance.
- Does 251 East 123rd Street have open housing violations?
- Yes. NYC HPD lists 32 open violations, 2 immediately hazardous (class C).
- What is the 2026 conforming loan limit in New York County?
- $1,209,750 for a single-unit home, per FHFA. Larger loans are jumbo loans.
- Is radon a problem here?
- EPA radon zone 2, moderate potential.
- What natural disasters is 251 East 123rd Street at risk for?
- FEMA's National Risk Index rates the area relatively moderate overall, with elevated inland flooding and heat wave risk.
Property records
Owner of record
251 E 123rd St Realty, LlcTax assessment
$893,700 · class C7
- Deed (other)Aug 17, 2022
Grantor (seller): Jose Palma Irrevocable Trust, Vallejos, As Trustee, Maria M, Palma, Jose Jr · Grantee (buyer): 251 E 123rd St Realty, Llc
Recorded document scan - DeedMay 6, 2021
Grantor (seller): The Jose Palma Irrevocable Trust Dated May 1, 2019, Maria M. Vallejos, As Trustee · Grantee (buyer): 251 E. 123rd St. Realty, Llc.
Recorded document scan - DeedJan 28, 2020
Grantor (seller): 251 E. 123rd St. Realty, Llc. · Grantee (buyer): The Jose Palma Irrevocable Trust, Vallejos, Maria M
Recorded document scan - DeedOct 14, 2010
Grantor (seller): Palma, Jose · Grantee (buyer): 251 E. 123rd St Realty, Llc
Recorded document scan - DeedOct 22, 1985
Grantor (seller): Pouso, Carmen · Grantee (buyer): Palma, Jose
- DeedAug 8, 1979
Grantor (seller): Delgado, Juan · Grantee (buyer): Pausa, Carmen
- DeedJul 20, 1977
Grantor (seller): Broadfield Associates · Grantee (buyer): 2401 Second Ave Corp
- DeedJul 20, 1977
Grantor (seller): 2401 Second Ave Corp · Grantee (buyer): Delgado, Juan
- DeedJan 29, 1975
Grantor (seller): Kritcher, Lea, Kritcher, Charlotte · Grantee (buyer): Broadfield Associates
- DeedJan 29, 1975
Grantor (seller): Broadfield Associates · Grantee (buyer): 2401 Second Ave Corp
Sourced directly from official city and county records. BBL 1017880022
NYC records
Pre-war walk-upTenant and buyer signals
Rent stabilization
Likely stabilized
Built 1920 with 15 homes, the profile NYC rent stabilization covers. Ask for the apartment's rent history from NYS HCR.
Elevator
Walk-up, 5 floors
Top floor is 4 flights of stairs. City building class C7.
Hurricane zone
Evacuation zone 4
Zone 1 evacuates first, zone 6 last. Check the flood insurance history.
Alcohol licenses
None within 200 ft
No active on-premises liquor license on file with the NY State Liquor Authority.
Sources: NYC PLUTO, NYC Emergency Management, NY State Liquor Authority, OpenStreetMap. Rent status is an estimate from the building profile.
Tax lot 1017880022
- Built
- 1920
- Floors
- 5
- Homes
- 15
- Zoning
- R9A
- Floor area
- 7,524 sq ft
- Lot
- 2,257 sq ft
- Tax assessment
- $894K
Nearest subway
Click a station for walking directions.
Housing violations (HPD)
32 open
2 immediately hazardous · 22 hazardous · 8 non-hazardous
Heat and hot water, 2 years
2 complaints
Most recent Jan 2026
Bedbug filing, 2024
0 of 15 units reported infested.
Residential evictions, 5 years
No marshal evictions executed.
311 calls within 260 ft, 12 months
388
- Noise - Residential · 241
- UNSANITARY CONDITION · 16
- HEAT/HOT WATER · 14
Safety and environment
FEMA natural hazard risk
Relatively Moderate
Highest for this area: inland flooding, heat wave. These drive insurance cost here.
FEMA National Risk Index, census tract
Superfund site
2.9 mi
Quanta Resources (NPL Site). Check groundwater and vapor reports on the EPA site page.
EPA National Priorities List
Leaking fuel tanks
7 within 1,650 ft
Nearest: 126th St Depot -Nyct, 2460 Second Avenue (150 ft), no further action. Every release here is closed by the state regulator.
EPA UST Finder, leaking underground storage tank releases
Brownfield site
1,200 ft
Acacia Gardens Hdfc. Former industrial land in EPA's cleanup and reuse program.
EPA ACRES Brownfields
Radon potential
Moderate
Average indoor levels of 2 to 4 pCi/L. EPA still suggests testing ground-floor and basement units.
EPA and USGS Geologic Radon Potential Map
Nearest public schools
100 ft
HARLEM PREP CHARTER SCHOOL (100 ft), URBAN DOVE TEAM CHARTER SCHOOL IV (100 ft), PS 96 JOSEPH LANZETTA (950 ft). Confirm the assigned school with the district.
U.S. Department of Education, NCES
Major airport
3.7 mi
LaGuardia (LGA). Homes this close can sit inside the 65 dB DNL noise contour. Visit at peak hours and check the airport's noise map.
FAA large-hub airports
Sinkhole-prone ground
Limestone karst
The bedrock here (marble, Inwood Marble) can dissolve and open sinkholes. Ask for a geotechnical report and check whether sinkhole coverage is in the insurance policy.
USGS Karst in the United States (OFR 2014-1156)
Conforming loan limit 2026
$1,209,750
New York County. Mortgages up to this amount qualify for Fannie Mae and Freddie Mac pricing. Above it, the loan is a jumbo with stricter terms.
FHFA Conforming Loan Limit Values, one-unit
Property tax after you buy
$7,000 a year
About $583 a month at New York's 1.40% median effective rate.
In New York City, small homes are capped at 6% a year (20% over five years), and the cap stays with the property through a sale.
Rough estimate. U.S. Census ACS median effective rates. Your county assessor sets the final bill.
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Who lives and works in Manhattan
Finance, media and law, with the country's densest job market
Manhattan is built around work. Most households rent, most trips happen on foot or on the subway, and the day starts early in Midtown and downtown. Apartments are small by national standards and the premium goes to the commute, not the square footage.
- $99,880
- median household income
- 20.5%
- residents aged 25 to 34
- 24%
- households that own their home
What pays the bills
- Finance and insurance
- Media and publishing
- Law and consulting
- Healthcare
- Tech offices
Who anchors the economy
JPMorgan Chase · Goldman Sachs · NYU · Mount Sinai · Google NYC
The market is shaped around
- Young professionals
- Dual-income couples
- People who want to live without a car
More on East 123rd Street
All addressesViewing recommendations
What's worth checking in person before deciding.
- Test water pressure and temperature at the tap, in the bathroom and kitchen, for at least a minute.
- Ask for the latest maintenance bill from a winter month, not a summer one: that's where the real cost of living there shows up.
- Schedule a viewing on a weekday too, between 6:00 and 7:30 PM, the window when the building is busiest: neighbors, parking, elevator.
- Ask specifically where you'd park: is there paid city parking, who currently holds it, what the permit costs, and how long the waitlist is.
- Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
- Knock on a neighboring door and ask two things: what bothers them most often, and what work is planned for the building.
Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.
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