Two-Bedroom Cooperative
For Sale
$550,000
342 E 119th Street 2A, New York City, NY 10035
A 908-square-foot residence combines an open kitchen and breakfast bar with two full bathrooms and a private primary suite.
Property Size908 SF
Price / SF$605.73
Days on Market71
Property Features for 342 E 119th Street 2A
General Information
Standard status
Active
Size
908 SF
Elevators
Yes
Property subtype
Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Amenities
elevator
live-in superintendent
video intercom system
fitness center
laundry room
shared outdoor terrace and courtyard
garage parking
Building Details
Building Size
908 SF
Year Built
2004
Listing Agency:
Compass
Listed By:
Rafael Barbosa
(917) 435-6611
Source:
Decodenyc
Added: Aug 26
Changed: Oct 27
Last Checked: Nov 4 at 6:41AM
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.
Residence 2A is a two-bedroom, two-bathroom cooperative apartment with 908 square feet. Its living and dining area connects to an open kitchen with full-size appliances, cabinet storage, and a breakfast bar. The primary bedroom has a walk-in closet and en-suite bathroom; the second bedroom is near the other full bathroom. The building was completed in 2004 and includes an elevator, fitness center, laundry room, video intercom, live-in superintendent, shared terrace and courtyard, and garage parking. Pets are permitted.
The property is at 342 East 119th Street in East Harlem. East River Plaza, with Costco and Aldi among its retailers, is nearby. The 4 and 6 subway lines, local bus service, and FDR Drive provide transportation options.
The property is at 342 East 119th Street in East Harlem. East River Plaza, with Costco and Aldi among its retailers, is nearby. The 4 and 6 subway lines, local bus service, and FDR Drive provide transportation options.
Key Highlights
- 908‑square‑foot cooperative apartment with two bedrooms and two full bathrooms
- Open kitchen with full‑size appliances, storage cabinets, and a breakfast bar
- Primary bedroom includes a walk‑in closet and en‑suite bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,409
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,180
$568.2K
Cap Rate 7%
$405,843
$405.8K
Cap Rate 9%
$315,656
$315.7K
Market Conditions
NOI Build-Up for 908 SF
Gross rent
$54.4K $59.88/SF
− Vacancy
−$2.7K −$2.99/SF
EGI
$51.7K $56.89/SF
− OpEx
−$23.2K −$25.60/SF
NOI
$28.4K $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%
$568,180
Cap Rate 7%
$405,843
Cap Rate 9%
$315,656
Alternative Uses
Best Use
Apartment 5plus
$405.8K
$355.1K – $473.5K
NOI $28,409 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.26M
$1.98M – $2.64M
NOI $158,210 @ 7.0% cap · market cap 28.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A 908-square-foot residence combines an open kitchen and breakfast bar with two full bathrooms and a private primary suite.
Where is this residential income property located?
The property is located at 342 E 119th Street 2A 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: 908‑square‑foot cooperative apartment with two bedrooms and two full bathrooms; Open kitchen with full‑size appliances, storage cabinets, and a breakfast bar; Primary bedroom includes a walk‑in closet and en‑suite bathroom
