Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $442,000

· Closed February 21, 2015

475 FDR Drive #L2003
Closed For Sale Co-op

$442,000

$804 per sq ft

475 FDR Drive #L2003

Lower East Side, Manhattan

EAST RIVER HOUSES

MLS® #RLS10085979

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

1

Bedroom

1

Bath

550

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 550 sq ft
Year Built N/A
Ownership Co-op
Maintenance $445/mo
Parking Garage
Neighborhood Lower East Side

Property Highlights

  • Exposure: South,West facing
  • Style: Prewar architecture
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths null Full
Exposure South,West
Pets Yes
Cross Street Grand Street/Delancey Street
Living Area 550 sq ft
Parking Garage Available
Architectural Style Prewar
Parcel # 0321-0001-00475-000-00L2003

Listing History

Event Date Price Change
Listed Sep 10, 2014 $449,000 -
Currently May 9, 2026 $442,000 -1.6%

Description

Downtown's skyline truly creates the most beautiful panoramic sights here, on the 20th floor, next to the top floor of the building. Reward yourself after a hard day's work: there's nothing between you and the view. This renovated apartment is quiet. Sleek modern renovations include stainless steel fridge, a state of the art Convection Oven and gas range with an opulent countertop beneath under-counter lighting. Lots of cabinet space and shelf area for storage above a refinished wood floor. Renovated bath with marble floor, light and mirrors to prepare for any outing. This home and its chic finishes invite you relax and enjoy all the natural light. The building's health club/gym annual membership $216 is optional. This generous-sized one bedroom offers you the lowest monthly you will find with a dramatic and incomparable view, night and day.

Building Information

Financial Details

Maintenance $445/mo
Original Price $449,000
Previous Price $449,000

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

116

Median Asking Price

$1.30M

Median $/Sqft

$1,400

Avg Days on Market

N/A

New This Week

10

Price Reduced

28%

Sold (30 Days)

6

Median Sale Price

$1.15M

Live data from RLS at REBNY • Updated 5/9/26, 5:40 PM EST

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Location

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475 FDR Drive #L2003, Lower East Side, New York County • Near Grand Street/Delancey Street

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 $445 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 550 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $442,000 for 550 sq ft, the asking price per square foot is approximately $804. 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: RLS10085979
First Listed: 9/10/2014
Price Changed: 2/23/2015
Closed: 2/21/2015
Contract Date: 8/28/2014

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Amy Rea

Listing Contact: (212) 317-7882

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 5/9/2026 at 9:40 PM UTC

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