NOT LISTED FOR SALE

342 E 119th St Unit 4-E New York, NY 10035

East Harlem Neighborhood
2 Beds
2 Baths
955 Sq Ft
$1,183/mo HOA Fee

Last Sold December 13, 2023

Last sale price $550,000 $576 Per Sq Ft

62 Days on Market

Highlights

  • Community Garden
  • Garage
  • South Facing Home
  • Cooling System Mounted In Outer Wall Opening
  • Laundry Facilities
  • 4-minute walk to Wagner Playground

About This Home

As of December 2023

NO INCOME RESTRICTIONS! This is NOT an HDFC.

You can afford a free-market 2-bedroom, 2-bath home in a co-op with a garden, elevator, fitness room, laundry room and parking!

You can’t help but smile when you open the door to your home and are greeted with sunny south-facing windows, the sounds of birds chirping outside your windows, and you have enough closet space to organize all of your belongings and a large open kitchen to prepare meals. The apartment has 955 square feet of possibilities.

The primary bedroom includes a walk-in closet and en-suite bathroom with a shower stall. There is a cheerful second bedroom and second bathroom with a tub.

The Palm-Rio is a co-op with an elevator, private garden, fitness room, laundry room and parking (wait list for $135/month). Close to East River Plaza with Target, Costco, Burlington Coat Factory, and PetSmart. The neighborhood features trendy restaurants, bars, coffee shops and fitness studios.

Transportation options include the M15, M15 Limited, M116 and M125 crosstown buses and the 6 train.

Please note that there is a tax abatement until 2031 where it is being phased within a period of 4 years. The low maintenance of $1,183 is increasing at the rate of 6.31%/year to prepare for the end of the tax abatement period.

Seller is offering a 2% credit for closing costs.

Last Agent to Sell the Property

Joan Kagan

Compass License #10301210813 Listed on: 07/18/2023

Compass

Co-Listed By

David Palermo

The Agency Brokerage License #10401327465

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 2006

HOA Fees

  • $1,183 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 955 Sq Ft Home
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • South Facing Home
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Legal Lot and Block 35 / 1795

Community Details

Overview

  • East Harlem Subdivision
  • 7-Story Property

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,183 per month

Listing Details

  • Cross Street: Second Avenue/First Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East Harlem
  • Entry Level: 4
  • Structure Type: None
  • Special Features: VirtualTour
  • Property Sub Type: Coop
  • Stories: 7

Interior Features

  • Living Area: 955.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1183.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Building Info

  • New Construction: No
  • Total Stories: 7
  • Year Built: 2006

Tax Info

  • Tax Block: 1795
  • Tax Lot: 35

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $550,000 0.0% $576 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $550,000 -- $576 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10921933

Real Estate Board of New York (REBNY)