254 West 124 Street
Harlem, Manhattan
Parcel ID (BBL): 1019290057
Owner: Rester Management
Debt: May 08, 2026, $113.9 million
Built: 2021
Renovated: 2018
SF: 165,607
Dwelling units: 168
No. of buildings: 1
Class: Fireproof (Standard Construction Without Stores) (D3)
Floors: 18
Legacy BBLs: 1019290057
Transactions:
• Rester Management and Carthage Advisors borrowed $113.9 million from Dwight Capital for 2070 Adam C Powell Blvd, Harlem, Manhattan on May 08, 2026.
• Carthage Advisors borrowed $100 million from Dwight Capital for 224 West 124th Street and 234 West 124th Street, Harlem, Manhattan on November 06, 2023.
• Carthage Real Estate Advisors borrowed $59.8 million from Bank Leumi for None, Central Harlem, Manhattan on February 11, 2021.
Development:
• Carthage Real Estate Advisors filed new building job 121188856 for 414,957 sqft R-2 building with 149 apartments in Harlem, Manhattan, on July 02, 2018.
• James Howard filed major alteration job 120426379 for 76,840 sqft R-2 building with 72 apartments in Harlem, Manhattan, on July 28, 2010.
• Princess Palmer filed major alteration job 110049313 for R-2 building with 160 apartments in Harlem, Manhattan, on January 08, 2008.
• Edward Poteat filed alteration job M08028037 for 186,990 sqft R-2 building with 168 apartments in Harlem, Manhattan, on October 28, 2022.
• Chaim Leifer filed alteration job M00525722 for 1 sqft building with 168 apartments in Harlem, Manhattan, on May 27, 2021.
• Chaim Leifer filed alteration job M00515722 for 186,990 sqft R-2 building with 168 apartments in Harlem, Manhattan, on May 17, 2021.
• Eddie Gazheli filed alteration job M00515936 for 186,990 sqft building with 168 apartments in Harlem, Manhattan, on May 04, 2021.
• Eddie Gazheli filed alteration job M00450112 for 186,990 sqft building with 168 apartments in Harlem, Manhattan, on March 31, 2021.
Violations:
According to city public data, the properties have received $1,250 in ECB penalties, eight housing violations, $1,250 in OATH penalties, and one housing litigation in the last year.