HARLEM

204 West 123rd Street
Four-story town house
Asking price: $1.5 million
Selling price: $1.5 million
Time on the market: 2.5 months

SHATTERED RECORD The sale of this 16-foot-wide building on 123rd Street breaks new ground for pricing town houses above 118th Street by reaching beyond the $300 a foot price common for the neighborhood. This 3,456-squarefoot building sold for $434.03 a foot.

Users, or buyers who live in a residence while also renting out some units as an investment, are now willing to pay $400 a foot, said the listing broker Shimon Shkury of Massey Knakal, who worked on the deal with fellow Massey Knakal broker Patrick O’Malley.

“Users have exhausted the markets below 110th Street and realize the opportunities to own are further north,” Mr. Shkury said.

The town house, on a tree-lined street near Columbia University, has a duplex unit on the ground floor and three floor-through rental apartments on the upper floors. The sellers, a couple who are buying a larger property in Westchester, renovated the building in line with its original details. It has seven fireplaces, a garden, a completed basement replete with cameras for security, new bathrooms, and a kitchen.

“If you look down the street, you can see six or seven of these town houses that are being renovated by young, professional couples,” Mr. O’Malley said. The buyers, who were represented by Chris Halliburton of Warburg Realty Partnership, plan to rent the apartments to Columbia students.

UPPER EAST SIDE

309 East 87th Street
One-bedroom, one-bath cooperative
Asking price: $485,000
Selling price: $480,000
Monthly charges: $805

COLOR CODED The sound engineer for the Black Crows and his young actress wife sold this 800-square-foot junior four to move to Florida and raise a family. The buyer, the daughter of a senior Conair executive, loved the apartment’s “use of color – it was almost feng shui-ish,” the listing broker, Wendy Jodel of Citi Habitat, said. The rocker couple had painted each room in the apartment a distinct color, including violet, rose, and green.

The building, which is a six-floor mid-rise, is located between First and Second avenues. “If it had been a high-rise luxury building closer to Third or Lexington avenues, it would have been priced in the mid-$500,000 range,” Ms. Jodel said.

Meredith Luck of the Corcoran Group represented the buyer.