Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $450,000

Listed at $475,000 · Sold 5.3% below asking · Closed August 11, 2025

Closed For Sale Co-op

$475,000

$864 per sq ft

575 Grand Street #E403

Lower East Side, Manhattan

MLS® #RLS10987922

RLS at REBNY

Listing by LoHo Realty Inc

1

Bedroom

1

Bath

550

Sq. Ft.

1955

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 550 sq ft
Lot Size 212,250 sq ft
Year Built 1955
Ownership Co-op
Maintenance $737/mo
Neighborhood Lower East Side

Property Highlights

  • Exposure: East facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Exposure East
Pets CatsOk
Year Built 1955
Living Area 550 sq ft
Structure Type MultiFamily
Lot Size 212,250 sq ft
Parcel # 0263-0008-00575-000-000E403
Block/Lot 263/8

Listing History

Event Date Price Change
Listed Dec 5, 2024 $475,000 -
Price Reduced Jul 16, 2024 $499,000 +5.1%

Description

**All appointments - including Sunday Open Houses - are by appointment only. If you are working with another agent, that agent needs to reach out to make the appointment and is required to be present** There’s nothing to do except move into this great 1-bedroom apartment...it’s BRAND NEW! The Pullman kitchen, with modern cabinetry and stainless-steel appliances (including dishwasher & full-size fridge) and an abundance of cabinets, leads to a large living room offering the ability to entertain at one end and have a separate dining area at the other end. Two large eastern facing windows overlook the co-ops beautifully manicured private park. Enjoy these same views from the king-sized which can easily fit an entertainment center, dressers & more! New base molding and hardwood flooring, and three large closets for ample storage throughout. **Assessment: $144/month through April 2028** 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. Short walk to the supermarket, 24-hour deli/convenience store, dry cleaners as well as neighborhood staples including Market, Doughnut Plant, Kossar’s, 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

Interior Features

Building Main Level

Building Information

Building Data View Compliance & Permits
Total Units 837
Stories 20
Structure MultiFamily

Financial Details

Maintenance $737/mo
Sale Price $450,000
Previous Price $499,000

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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575 Grand Street #E403, Lower East Side, New York County

Virtual Tour

Building Information

Official NYC property records for this building

1955
Year Built
71 years old
20
Floors
833
Residential Units
R7-2
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $81,285,300
Land Value: $7,155,000
Exemptions: $1,679,526

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

Lot Area: 212,250 SF
Building Area: 923,000 SF
Built FAR: 4.35
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 $737 per month. Confirm the exact amount with the listing broker 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.

The listed interior living area is 550 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.

Pets are permitted at this property: Call Listing Agent,Building Pets Allowed Comments:Call Listing Agent. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $475,000 for 550 sq ft, the asking price per square foot is approximately $864. 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: RLS10987922
First Listed: 2/29/2024
On Market: 12/5/2024
Price Changed: 7/16/2024
Closed: 8/11/2025
Contract Date: 6/23/2023

Listing Courtesy of LoHo Realty Inc - Jacob J 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 5/1/2026 at 4:51 PM UTC

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