Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $600,000

· Closed November 18, 2021

Closed For Sale Co-op

$600,000

$750 per sq ft

475 FDR Drive #L707

Lower East Side, Manhattan

EAST RIVER HOUSES

MLS® #RLS10704367

RLS at REBNY

Listing by LoHo Realty Inc

1

Bedroom

1

Bath

800

Sq. Ft.

1955

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 800 sq ft
Year Built 1955
Ownership Co-op
Maintenance $1,034/mo
Parking Garage
Neighborhood Lower East Side
Floor 707 of 20

Property Highlights

  • Exposure: East,South facing
  • Outdoor Space: Balcony
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 707 of 20
Exposure East,South
Pets Yes
Cross Street Grand Street & Delancey Street
Year Built 1955
Living Area 800 sq ft
Parking Garage Available
Parcel # 0321-0001-00475-000-000L707

Listing History

Event Date Price Change
Listed Mar 11, 2021 $650,000 -
Price Reduced Nov 18, 2021 $630,000 -3.1%
Currently May 5, 2026 $600,000 -4.8%

Description

Renovated one bedroom with balcony apartment featuring direct views of the East River and Williamsburg Bridge! Step into the apartment and be delighted by the light flooding into the living room through the triple-width picture windows, with additional light coming through the glass door that leads to a private enclosed balcony. The windowed, eat-in kitchen is sleek with lots of white cabinetry, granite counter tops, and stainless-steel appliances(including dishwasher). The bathroom(also windowed) has been updated with Carrera marble floors & wall tiles, sink & recessed medicine cabinet from Pottery barn, and glass door & recessed shelving in shower. The bedroom has double exposures, overlooks the balcony, and can accommodate a king-sized bed, nightstands, a dresser & more! Other apartment highlights include ample storage with 3 oversized closets (one at entry, combined double closet in the hallway and an additional one in the bedroom), custom crown molding and hardwood parquet floors throughout. 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 Joes, Target& Regal Cinemas. Transportation: Bus: M14A, M14D, M21 & M22; Train: J,M, F, Z. Citibike stations nearby. Dogs not permitted. Gifting, guarantors, pied-a-terre, permitted. Subleasing after 2 years of ownership. Shareholder required continuing to pay base maintenance in addition to a sublet fee.

Features & Amenities

Exterior Features

Balcony Balcony

Building Information

Financial Details

Maintenance $1,034/mo
Original Price $650,000
Sale Price $600,000
Previous Price $630,000

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

11

Price Reduced

29%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/4/26, 10:47 PM EST

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Location

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475 FDR Drive #L707, Lower East Side, New York County • Near Grand Street & Delancey Street

Virtual Tour

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 $1,034 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.

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 the listing broker.

At the current list price of $600,000 for 800 sq ft, the asking price per square foot is approximately $750. 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: RLS10704367
First Listed: 3/11/2021
Price Changed: 11/18/2021
Closed: 11/18/2021
Contract Date: 3/11/2021

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 2:47 AM UTC

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