Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,000,000

Listed at $608,000 · Sold 64.5% above asking · Closed November 2, 2017

577 Grand Street #F-1502
Closed For Sale Co-op

$608,000

577 Grand Street #F-1502

Lower East Side, Manhattan

MLS® #RLS10045430

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1956

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1956
Ownership Co-op
Maintenance $699.5/mo
Parking Garage
Neighborhood Lower East Side

Property Highlights

  • Views: River
  • Exposure: East,South facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
View River
Exposure East,South
Pets CatsOk
Cross Street Cherry Street/Madison Street
Year Built 1956
Parking Garage Available
Block/Lot 263/8

Listing History

Event Date Price Change
Listed Feb 28, 2017 $608,000 -
Price Reduced Jun 13, 2017 $599,000 -1.5%

Description

This high floor, sun flooded spacious one bedroom is now available at 577 Grand Street. The large living room shines with eastern light and has ample space for lots of seating areas. There is a sizable dining area off of the windowed galley kitchen, with room to expand or open the kitchen if desired as well. The corner bedroom with windows facing east and south, features stunning views of the river, neighborhood parks, and the Brooklyn skyline. A gray tiled windowed bath with adjacent linen closet is just outside the bedroom. Parquet floors have been kept in good condition throughout the home. Concrete walls and ceilings provide for great sound attenuation. There are also four closets total, including a walk in closet at the entrance. The building features friendly 24 hour security, a private locked park, sizable gym with equipment updated in 2016 (including cardio and weight training machinery), a children's playroom, a children's playground, and access to basketball courts and playing fields steps away. Transportation includes the M15 bus, and the F train at either East Broadway or Delancey. Steps to the best of the LES, including Ost Cafe, the Donut Factory, and Kossar's Bialy's.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Garden

Building Information

Financial Details

Maintenance $699.5/mo
Sale Price $1,000,000
Previous 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

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)

5

Median Sale Price

$1.14M

Live data from RLS at REBNY • Updated 5/9/26, 5:23 AM EST

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Location

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577 Grand Street #F-1502, Lower East Side, New York County • Near Cherry Street/Madison Street

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 $699.5 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1956, making it approximately 70 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. 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: RLS10045430
First Listed: 2/28/2017
Price Changed: 6/13/2017
Closed: 11/2/2017
Contract Date: 2/28/2017

Listing Courtesy of Compass - David Margolies

Listing Contact: (917) 679-7263

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 9:23 AM UTC

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