Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $659,000

· Closed March 16, 2021

Closed For Sale Co-op

$659,000

$879 per sq ft

577 GRAND Street #F1601

Lower East Side, Manhattan

EAST RIVER HOUSES

MLS® #RLS10685994

RLS at REBNY

Listing by LoHo Realty Inc

1

Bedroom

1

Bath

750

Sq. Ft.

1955

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 750 sq ft
Year Built 1955
Ownership Co-op
Maintenance $896/mo
Parking Garage
Neighborhood Lower East Side
Floor 160 of 20

Property Highlights

  • Exposure: South,West facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 160 of 20
Exposure South,West
Pets Yes
Cross Street Cherry Street & Madison Street
Year Built 1955
Living Area 750 sq ft
Parking Garage Available
Parcel # 0263-0008-00577-000-00F1601

Listing History

Event Date Price Change
Listed Dec 3, 2020 $659,000 -
Currently May 5, 2026 $659,000 -

Description

This high-floor 1-bedroom has been beautifully renovated to take advantage of and enhance the apartments natural light that floods into the apartment from the west. Enjoy the views of the East River and the downtown city skyline, including the Manhattan Bridge & Freedom Tower, from every room in the apartment! The kitchen has been completely renovated to include an abundance of cabinets for ample storage, countertops, backsplash, and deep basin sink. The wall was opened towards the living space allowing for a pass-through with very large breakfast bar for eating. At the other end of the apartment is the sun-filled bedroom, with double exposures (south and west), capturing additional views of the East River Park. It's large enough to accommodate a king-sized bed, dresser and more. The windowed bathroom has been elegantly updated with floor to ceiling subway tiling on the walls, honeycomb tiling on the floor, and sleek sink with a recessed mirrored cabinet above. Other nice touches throughout the apartment including modern light fixtures, updated molding, original hardwood parquet flooring, and 4 large closets 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.

Building Information

Financial Details

Maintenance $896/mo
Sale Price $659,000

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 5/5/26, 7:52 AM EST

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Location

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577 GRAND Street #F1601, Lower East Side, New York County • Near Cherry Street & Madison 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
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 $896 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 750 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 $659,000 for 750 sq ft, the asking price per square foot is approximately $879. 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: RLS10685994
First Listed: 12/3/2020
Price Changed: 2/5/2021
Closed: 3/16/2021
Contract Date: 12/3/2020

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 5/5/2026 at 11:52 AM UTC

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