The Agency The Agency

342 E 119th St #4-E

East Harlem, Manhattan, NY 10035

Second Avenue & First Avenue
Sale Price $600,000
Property Type Co-op
Bed 2
Bath 2

Estimated Monthly Payments

Monthly Total $4,307
Fees $1,113
Interest 7.00%
Down Payment 20.00%

Property Specifics

Property Type: Co-op
Maintenance Fees: $1,113
Estimated Sq. Foot: 955
Price per Sq. Foot: $628
Building Units: 41
Building Stories: 7
Pet Policy: Pets Allowed
Source ID: 1970019
Source Status: Active

Building Amenities

Laundry In Building Gym Elevator Doorman Parking Post-war Public Outdoor Space Concierge Garden Mid Rise

Unit Amenities

Dishwasher Microwave Stainless Steel Appliances Open Kitchen Refrigerator Walk In Closet Oven Wideplank Floors Through The Wall

Views & Exposures

Courtyard ViewsGarden ViewsOpen Views South Exposure

Property 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 $1,113.28 is increasing at the rate of 6.31%/year to prepare for the end of the tax abatement period.

The Palm Rio is approved by First Republic's Eagle Loan Program with 3.28% on a 30-year fixed rate mortgage. Please ask for more details.

Also available for rent.

Building Information

Building Name: Rio, the
Property Type: Co-op
Building Type: N/A
Pet Policy: Pets Allowed
Units: 41
Stories: 7
Built In: 2006
Sale Listings: 3
Rental Listings: 2
Land Lease: N/A

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East Harlem, Manhattan, NY 10035

Broker Reciprocity disclosure: Listing information are from various brokers who participate in IDX (Internet Data Exchange).

Last checked: Dec 6, 2022, 1:45 AM UTC