Last Sold on Dec 12, 2023 for $550,000
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2 beds, 2 baths | Approx. 955 ft2
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- Buyers
- Marko Kovacevic
- Russell Lilie
- Sellers
- Shahriar M Sharghi
Pricing History
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Previous Photos & Floor Plan
Key Details
-
Listed: Jul 18, 2023Days on Market: 0Building Type: CooperativeNeighborhood: East Harlem (Manhattan)Listing viewed 773 times
Monthly Maintenance:
$1,183
($1.24/ft2)
Est. Monthly Mortgage:
-
Mortgage calculator
Total Est. Monthly Carrying Cost:
$4,211
($4.41/ft2)
Note: the above is based on a down payment of 20% ($110,000),
which is the minimum amount permitted by the building.
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.
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.
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About The Palm-Rio, 342 East 119th Street
- Co-op
- Built in 2004
- 41 Apartments
- 8 Floors
Building Amenities
- Elevator
- Fitness Center
- On-Site Parking
- Laundry Room
All content above are visible to screen reader users, so you may ignore the show more button below.
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.
CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.
CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.
An equal housing opportunity 
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