One-Bedroom Residential Income
342 E 119th Street LB, New York City, NY 10035
For Sale
$550,000
Updated electrical and plumbing complement a well-maintained residence with high ceilings and hardwood floors.
Property Size1,000 SF
Price / SF$550
Days on Market93
Property Features for 342 E 119th Street LB
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Rafael Barbosa
(917) 435-6611
Source:
Bondnyre
Added: Aug 9
Changed: Oct 31
Last Checked: Nov 8 at 3:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
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Investment Insights
Based on property information with market context.
This one-bedroom co-op residence combines a practical layout with high ceilings, hardwood flooring, and large windows oriented toward northern city views. Electrical and plumbing systems have been updated. The property is located in a building constructed in 2004, with resident amenities that include a fitness center, laundry facilities, landscaped outdoor areas, and a pet-friendly policy. On-site parking is available through a waiting list.
The residence is at 342 E 119TH Street 6D in New York City’s East Harlem. Shopping, dining, parks, and public transportation are located nearby, adding convenience for daily residential use.
The residence is at 342 E 119TH Street 6D in New York City’s East Harlem. Shopping, dining, parks, and public transportation are located nearby, adding convenience for daily residential use.
Key Highlights
- One‑bedroom co‑op residence at 342 E 119TH Street 6D
- Building constructed in 2004
- High ceilings, hardwood floors, and large windows with northern city views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,287
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,740
$625.7K
Cap Rate 7%
$446,957
$447.0K
Cap Rate 9%
$347,633
$347.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$59.9K $59.88/SF
− Vacancy
−$3.0K −$2.99/SF
EGI
$56.9K $56.89/SF
− OpEx
−$25.6K −$25.60/SF
NOI
$31.3K $31.29/SF
Area
New York, NY
Vacancy
5.00%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,740
Cap Rate 7%
$446,957
Cap Rate 9%
$347,633
Alternative Uses
Best Use
Apartment 5plus
$447.0K
$391.1K – $521.5K
NOI $31,287 @ 7.0% cap · market cap 5.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$699.1K
$611.7K – $815.6K
NOI $48,938 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
5,598
Businesses Nearby
Explore this area
Business Placement
Demographics for 10035, NY
35,980
Population
16,340
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
25,700
Density / Sq Mi
$40,556
Median Household Income
$44,042
Median Earnings
$1,283
Median Rent
$663,500
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in New York City, NY
Properties on Market for Residential income properties in New York City
Frequently Asked Questions
What type of property is this?
Residential income property - Updated electrical and plumbing complement a well-maintained residence with high ceilings and hardwood floors.
Where is this residential income property located?
The property is located at 342 E 119th Street LB New York City, NY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: One‑bedroom co‑op residence at 342 E 119TH Street 6D; Building constructed in 2004; High ceilings, hardwood floors, and large windows with northern city views
