SOLD FOR $550,000
· Sold at asking price · Closed December 13, 2023
$550,000
$576 per sq ft
342 E 119th Street #4-E
MLS® #RLS10921933
Listing by The Agency Brokerage
2
Bedrooms
2
Baths
955
Sq. Ft.
2006
Year Built
Sale Details
Property Summary
Description
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.
Property Details
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Listing courtesy of Joan Kagan at The Agency Brokerage. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.