Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

This apartment is in contract

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473 FDR Drive #K1401

Pending · Listing by Compass

473 FDR Drive #K1401

Lower East Side, Manhattan

$599,000

Pending For Sale • Co-op

$599,000

473 FDR Drive #K1401

Lower East Side, Manhattan

East River Co-ops

MLS® #RLS20058414

RLS at REBNY

Listing by Compass

1
Bedroom
1
Bath
N/A
Sq. Ft.
1955
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1955
Ownership Co-op
Maintenance $1,256.32/mo
Neighborhood Lower East Side
Floor 14

Property Highlights

  • Views: Bridges, River, Skyline, Water

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 14
View Bridges, River, Skyline, Water
Pets Yes
Year Built 1955
Structure Type HighRise
Flooring Parquet
Furnished Unfurnished
Parcel # 0321-0001-00473-000-00K1401
Block/Lot 00321/0001

Listing History

Event Date Price Change
Listed Nov 5, 2025 $599,000 -
Currently Oct 20, 2026 $599,000 -

Description

Unobstructed Views! Welcome to K1401, this stunning, bright one-bedroom apartment in the East River Co-ops, offering unobstructed river and Williamsburg Bridge views and a generous layout ready to be tailored to your style. The East River Co-op offers a modern fitness center, two beautifully maintained private parks with playgrounds, a staffed lobby with 24/7 security, a community room, playroom, and on-site laundry facilities. Maintenance includes heat, hot water, and gas. Conveniently located near the East River Park and several transit options — M14A/D, M21, and M22 bus lines, plus the F, J, M & Z trains at Delancey/Essex and the F train at East Broadway. Co-purchasing and gifting are permitted, and subletting is allowed after two years of ownership. Just moments from the vibrant Essex Crossing development featuring Trader Joe’s, Target, Regal Cinemas, and the Essex Street Market, with NYC Ferry access off the FDR. Monthly assessment of $144 is in place through April 2028. No dogs allowed, Cats ok.

Features & Amenities

Interior Features

Common On Floor Common Area Flooring: Parquet

Building Amenities

Bike Storage Common Playroom Elevators Fitness Center Security Guard

Building Information

Financial Details

Maintenance $1,256.32/mo

The Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.

Lower East Side Live Market Data

View Neighborhood

Active Listings

117

Median Asking Price

$1.05M

Median $/Sqft

$1,421

Avg Days on Market

N/A

New This Week

5

Price Reduced

32%

Sold (30 Days)

13

Median Sale Price

$1.30M

Live data from RLS at REBNY • Updated 10/19/26, 9:43 PM EST

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Location

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473 FDR Drive #K1401, Lower East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1955
Year Built
71 years old
20
Floors
839
Residential Units
R7-2
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $59,220,000
Land Value: $8,595,450
Exemptions: $1,368,098

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 298,550 SF
Building Area: 1,231,250 SF
Built FAR: 4.12
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,256.32 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1955, making it approximately 71 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with Milton Coste.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20058414
First Listed: 11/5/2025
On Market: 11/5/2025
Price Changed: 11/5/2025
Pending Since: 7/9/2026
Contract Date: 10/8/2025

Listing Courtesy of Compass - Rachel Yohai

Listing Contact: (917) 406-4349

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/20/2026 at 1:43 AM UTC

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Lower East Side Market Update

13 sales last 30 days · $1.05M median · 9 months supply

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New listings in this building

Quick Facts

Status Pending
Type Co-op Neighborhood Lower East Side Borough Manhattan
County New York
Floor 14
Year Built 1955
First Listed 11/5/2025
Maintenance $1,256.32/mo

Monthly Costs Estimate

Down Payment 20%

$119,800

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,256.32
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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