Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
387 Grand Street #K1405

For Sale · Listing by Compass

387 Grand Street #K1405

Lower East Side, Manhattan

$1,150,000

Interested in this property?
Active For Sale Co-op

$1,150,000

387 Grand Street #K1405

Lower East Side, Manhattan

Seward Park

MLS® #RLS20105803

RLS at REBNY

Listing by Compass

2
Bedrooms
1
Bath
N/A
Sq. Ft.
N/A
Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built N/A
Ownership Co-op
Maintenance $1,146/mo
Neighborhood Lower East Side
Floor 1

Property Highlights

  • Views: City
  • Exposure: East,West facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 1 Full
Floor 1
View City
Exposure East,West
Pets Yes
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00311/0013

Listing History

Event Date Price Change
Listed Jul 27, 2026 $1,150,000 -
Currently Jul 27, 2026 $1,150,000 -

Description

Welcome home to this high-floor two-bedroom, one-bathroom residence with desirable southwest exposures. Sunlight pours into the expansive living room throughout the day, enhancing the sense of space and creating a warm, inviting atmosphere that carries throughout the home. The layout is both functional and comfortable, offering distinct living and dining areas that are well-suited for everyday living as well as entertaining. The apartment has been thoughtfully updated with new flooring and a renovated, windowed eat-in kitchen featuring clean, modern cabinetry, ample counter space, and updated appliances. The bathroom has been refreshed with contemporary finishes, providing a clean and polished look. Both bedrooms are well-proportioned and easily accommodate a variety of furniture configurations, offering flexibility for sleeping, working, or additional storage needs. Generous closet space throughout the apartment ensures excellent storage and organization. Seward Park Co-op offers a full suite of amenities designed for convenience and lifestyle, including a fitness center, two private gated parks, a children’s playroom, a community room, laundry facilities, and attentive on-site management and maintenance. The co-op is pet-friendly, and dogs are permitted with registration. Ideally situated at the crossroads of the Lower East Side and Essex Crossing, the location offers immediate access to everyday essentials and neighborhood conveniences, including Trader Joe’s, Target, Lidl, Regal Cinemas, and Essex Market. A wide array of restaurants, cafes, and galleries are just moments away, reflecting the vibrancy of the surrounding neighborhood. Transportation is readily accessible, with the F train at East Broadway, the F/J/M/Z lines at Delancey–Essex, and the M14A SBS bus nearby, providing seamless connectivity across the city.

Features & Amenities

Interior Features

Common On Floor Common Area Flooring: Hardwood

Exterior Features

Building Courtyard

Building Amenities

Bike Storage Elevators Fitness Center

Appliances

Dishwasher

Building Information

Financial Details

Maintenance $1,146/mo

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

129

Median Asking Price

$1.15M

Median $/Sqft

$1,333

Avg Days on Market

N/A

New This Week

9

Price Reduced

27%

Sold (30 Days)

13

Median Sale Price

$850K

Live data from RLS at REBNY • Updated 7/27/26, 5:55 PM EST

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Location

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387 Grand Street #K1405, Lower East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1960
Year Built
66 years old
21
Floors
866
Residential Units
R8
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $74,142,450
Land Value: $8,955,000
Exemptions: $1,871,744

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

Lot Area: 293,600 SF
Building Area: 1,025,341 SF
Built FAR: 3.49
Allowed FAR: 6.02

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 $1,146 per month. Confirm the exact amount with Milton Coste 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 2 bedrooms and 1 full bathroom.

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 Milton Coste.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.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: RLS20105803
First Listed: 7/27/2026
On Market: 7/27/2026
Price Changed: 7/27/2026
Contract Date: 3/17/2026

Listing Courtesy of Compass - Rachel Yohai

Listing Contact: (917) 406-4349

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 7/27/2026 at 9:55 PM UTC

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Lower East Side Market Update

13 sales last 30 days · $1.15M median · 9.9 months supply

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New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood Lower East Side Borough Manhattan
County New York
Floor 1
First Listed 7/27/2026
Maintenance $1,146/mo

Monthly Costs Estimate

Down Payment 20%

$230,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,146
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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