The Rio

The Rio is a Co-op located 342 East 119th Street, in East Harlem, New York. The building was first built in 2004 and is 20 years old. The lot that the building was built on is 28 feet wide and 101 feet long. The official lot area is listed as 2,775 square feet. In total, 342 East 119th Street has a total floor area of 59,411 square feet. Of that, 59,411 square feet are used for residential purposes. There are a total of 41 units. Of those, 41 are residential units. 342 East 119th Street has a total of 8 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 56 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 279 days Meaning, listings tend to sell at a median of $576 price per square foot. The transaction that took the longest to complete was unit 3A, listed on Jun 13, 2021 for $587,500. This particular unit ultimately sold 368 days later for $580,000. The most recent transaction was for unit 4E, which was first advertised on Jul 18, 2023, sold for $550,000 on Dec 12, 2023. Fun fact, the oldest transaction we have on record took place on Jul 17, 1972. See the full transaction history for The Rio below.

East Harlem, where 342 East 119th Street is located, has a median asking price of $940,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $570,000. For interested buyers, that means the building's median asking price is around 0.39% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.