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Palm Tree Condominiums, 3 West 122nd Street, #2D

$750,000 ($905 per ft2) -9.1% | 2 beds, 1 bath | Approx. 829 ft2
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34 days on Market

Key Details

  • Listed: Apr 4, 2024
    Last Price Change: -9.1% ($75,000) on Apr 24
    Days on Market: 34
    Building Type: Condominium
    Neighborhood: Harlem (Manhattan)
    Doorman: PT Doorman
Monthly Common Charges: $1,148
Monthly Real Estate Taxes: $281
Total Taxes & Fees: $1,429 ($1.72/ft2)
Est. Monthly Mortgage: $4,146
Total Est. Monthly Carrying Cost: $5,575 ($6.72/ft2)
Note: the above is based on a down payment of 20% ($150,000), which is the minimum amount permitted by the building.

Description

Situated adjacent to the beautiful Mt. Morris Park and in the highly sought-after neighborhood of Harlem, this spacious two-bedroom, pre-war condominium is near everything you need and just a stone’s throw away from your doorstep. Nestled on a picturesque tree-lined street that is surrounded by multi-million dollar townhouses, the apartment offers unrivaled privacy- three out of the four exterior walls of this home are not attached to any other unit or building. The long corridor features original stained glass transom details and original oak doors and trim.

Other highlights include a primary bedroom with an adjacent extra large walk-in closet, a second bedroom that could serve as a perfect home office, two large north-facing windows in the living area that bring in plenty of sunshine, and an updated kitchen equipped with modern appliances. Additionally, there is washer/dryer in the unit. Spanning 829 square feet, this home boasts nine windows and is one of only four units on each floor in this historic circa 1899 elevator building.

The lobby showcases elegant Carrara marble walls, and there is a live-in superintendent available for any maintenance needs. Residents also have access to a bike room. All of this comes with low monthly carrying charges and taxes. This home is part of the Mt. Morris Park Historic District, which is meticulously maintained by the Mt.

Morris Park Community Improvement Association (MMPCIA). The neighborhood is renowned for its beautifully restored Victorian row houses, abundant restaurants and convenient transportation- making it a truly special place to call home.

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Listing courtesy of CORE Group Marketing LLC

Pricing History

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About Palm Tree Condominiums, 3 West 122nd Street

68

Palm Tree Condominiums, 3 West 122nd Street has received a CityRealty Rating of 68, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

18
Out of 44
+
26
Out of 36
+
16
Out of 39
+
8
=
68
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
Some 0 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
Yes 1 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • PT Doorman
  • Pre War
  • Washer/Dryer in building
  • Fitness Center
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent

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Pros
  • Doorman
  • Pet friendly
  • Colonnaded entrance
  • Attractive lobby
  • Very close to Mount Morris Park
  • Laundry
  • Fitness center
  • Bicycle room
  • Security cameras
  • Resident superintendent
  • Close to Subway
Cons
  • Four-step-up entrance
  • No concierge
  • No roof deck
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Subways

  1. 2
  2. 3
at Lenox Ave 0.15 miles
  1. 4
  2. 5
  3. 6
at Lexington Ave 0.43 miles
  1. B
  2. C
at Frederick Douglass Blvd 0.49 miles

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