Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $599,000

· Closed March 20, 2020

475 FDR Drive #L1404
Closed For Sale Co-op

$599,000

$749 per sq ft

475 FDR Drive #L1404

Lower East Side, Manhattan

EAST RIVER HOUSES

MLS® #RLS10599946

RLS at REBNY

Listing by Loho Realty Inc.

1

Bedroom

1

Bath

800

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 800 sq ft
Year Built N/A
Ownership Co-op
Maintenance $827.5/mo
Neighborhood Lower East Side

Property Highlights

  • Exposure: South,West facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Exposure South,West
Pets CatsOk
Living Area 800 sq ft
Architectural Style Prewar
Parcel # 0321-0001-00475-000-00L1404

Listing History

Event Date Price Change
Listed Jun 14, 2019 $599,000 -
Currently May 5, 2026 $599,000 -

Description

This high-floor, renovated one bedroom/balcony apartment has a spacious and bright living room with big picture window and is perfect for relaxing or entertaining! Just off of the living room and over looking the co-op's beautifully manicured park is the private balcony facing southwest with views of the East River and downtown city skyline. The windowed kitchen has been renovated to include elegant white cabinetry, stainless steel refrigerator, overhead microwave and a custom island that now replaces the wall that once separated the kitchen from the living room. At the opposite end of the apartment is the spacious bedroom and renovated bath with updated wall & floor tiling, vanity, mirror and shelving. New wood floors throughout the entire apartment and 4 large closets round out this lovely apartment! Co-op amenities (additional fees and wait lists may apply) include 24-hour attended lobbies, 2 large private parks, children's playroom (plus access to neighboring Hillman co-op's park and playroom), community room, and fully equipped fitness center. 1 block to supermarket, 24-hour deli/convenience store, dry cleaner and more. Newly opened Trader Joe's, Target & Regal Cinemas. Transportation: M14A, M21 & M22 bus stops outside your door, and short walk to M14D providing direct access to Chinatown, Little Italy, East Village, SoHo, West Village, Financial District, Battery Park City, Union Square, Chelsea, Meat Packing and Kips Bay. J, M and F trains at Delancey & Essex Streets. F train at East Broadway & Rutgers Streets. Citibike stations nearby. Dogs not permitted. Gifting, guarantors, pied-a-terre, permitted. Subleasing after 2 years of ownership (Owner pays regular monthly maintenance charge plus additional monthly fee of 100% of maintenance for the first two years, 112.5% of maintenance for years three and four and 125% of maintenance for years five and​​‌​​​​‌​​‌‌​​‌​​‌​​​​‌‌​​‌‌​​​‌​​‌‌​‌​​ beyond).

Features & Amenities

Interior Features

Common Area

Building Information

Financial Details

Maintenance $827.5/mo
Sale Price $599,000

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

115

Median Asking Price

$1.29M

Median $/Sqft

$1,411

Avg Days on Market

N/A

New This Week

12

Price Reduced

29%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/5/26, 12:55 PM EST

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Location

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475 FDR Drive #L1404, 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: $1,092,922

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 $827.5 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 800 square feet. Verify dimensions independently during due diligence.

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.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $599,000 for 800 sq ft, the asking price per square foot is approximately $749. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.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: RLS10599946
First Listed: 6/14/2019
Closed: 3/20/2020
Contract Date: 6/14/2019

Listing Courtesy of Loho Realty Inc. - Jacob Goldman

Listing Contact: (212) 388-1115

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.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/5/2026 at 4:55 PM UTC

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