Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
475 FDR Drive #L1504
Closed For Sale Co-op

$650,000

475 FDR Drive #L1504

Lower East Side, Manhattan

East River Housing Corporation

MLS® #RLS11030411

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

1

Bedroom

1

Bath

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built N/A
Ownership Co-op
Maintenance $1,255/mo
Parking Garage
Neighborhood Lower East Side
Floor 150 of 21

Property Highlights

  • Exposure: North,South,West facing
  • Outdoor Space: None, Balcony
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 150 of 21
Exposure North,South,West
Cooling Other
Pets Yes
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0321-0001-00475-000-00L1504
Block/Lot 00321/0001

Listing History

Event Date Price Change
Listed Jan 23, 2025 $669,000 -
Currently May 1, 2026 $650,000 -2.8%

Description

Meticulously renovated 1BR/Balcony! Perched on the 15th floor, this spacious unit has an open concept layout perfect for entertaining. Living room has double exposures (northwest and southwest) including a huge picture window and glass door leading to a private balcony. Kitchen has been fully redone and features new cabinetry, granite countertops and LG stainless steel appliances. Newly renovated bath with Kohler faucets and Totop toilet. Five large closets throughout including two walk ins and separate Pax Ikea wardrobe with built in dressers. Excellent light, beautiful downtown views and quietly situated on the back side of the building.

The East River Coop features a fully equipped state of the art gym, two private parks with playgrounds, 24-hour in building security/lobby attendant, community room, playroom, and in building laundry. Proximity to East River Park and 4 bus lines - M14A and D, M22, and M21. F, J, M & Z Trains at Delancey/Essex and F at East Broadway. Co-purchasing and gifting allowed. Subleasing permitted after 2 years of ownership. Sorry, no dogs. Close to nearby Essex Crossing with Trader Joe's, Target, Regal Cinemas, and the new Essex Street Market! $144/month assessment until April 2028.

Features & Amenities

Interior Features

Building Other

Exterior Features

Building Courtyard Balcony Private Outdoor Space Under60 Sqft None Balcony

Building Amenities

Bike Storage Common Playroom

Building Information

Financial Details

Maintenance $1,255/mo
Original Price $669,000
Sale Price $650,000
Previous Price $669,000

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

110

Median Asking Price

$1.28M

Median $/Sqft

$1,400

Avg Days on Market

N/A

New This Week

9

Price Reduced

30%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/1/26, 12:51 PM EST

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Location

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475 FDR Drive #L1504, Lower East Side, New York County

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 $1,255 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

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.

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: RLS11030411
First Listed: 1/23/2025
On Market: 1/23/2025
Price Changed: 7/31/2025
Closed: 7/31/2025
Contract Date: 1/23/2025

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Jeremy J Bolger

Listing Contact: (212) 381-6516

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 5/1/2026 at 4:51 PM UTC

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