127 West 112th Street (Parc North)Recorded sales & closing prices

The building recorded its first closings in December 2022 and has closed steadily but slowly since — fourteen residences across roughly two and a half years, with the most recent recorded transfers in mid-2025. On a per-foot basis it prices in the middle band for South Harlem condominium product: above the converted brownstone and small prewar inventory, below the Central Park North frontage and the larger amenitised Harlem towers.

The pricing dynamic that matters here is the presence of sponsor inventory. With roughly eleven residences still unsold, the sponsor sets the effective ceiling and often the effective floor for the building. A resale seller cannot price above active sponsor inventory of comparable quality, and a resale buyer should be pricing against the sponsor's terms — including concessions — rather than against closed comparables alone.

The other pricing input is the unabated tax line. Buyers moving through Harlem's condominium inventory will encounter buildings with active benefits running well into the 2030s, and at those addresses the monthly carrying cost bears very little relation to the eventual one. Here, what you see is what you carry, permanently. On a total-cost-of-ownership basis that makes the building more comparable to some abated inventory than the sticker prices suggest — but only if the comparison is actually run. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.