Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
387 GRAND Street #K406
Closed For Sale Co-op

$990,000

387 GRAND Street #K406

Lower East Side, Manhattan

Seward Park

MLS® #RLS10970760

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1959

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1959
Ownership Co-op
Maintenance $1,488/mo
Parking Garage
Neighborhood Lower East Side
Floor 4 of 20

Property Highlights

  • Exposure: South,West facing
  • Outdoor Space: None, Balcony
  • Climate Control: Window Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 4 of 20
Exposure South,West
Cooling Window Units
Pets Yes
Year Built 1959
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0311-0013-00387-000-000K406
Block/Lot 00311/0013

Listing History

Event Date Price Change
Listed May 10, 2024 $1,049,000 -
Price Reduced Jun 16, 2025 $999,000 -4.8%
Currently May 2, 2026 $990,000 -0.9%

Description

Spacious 2BR/Balcony! Fantastic layout with a wall of west facing windows with treetop views along with sliding glass doors leading to your own private balcony. Double exposures (west and south) provide excellent light all day long. Windowed eat-in kitchen has plenty of room for a dining table or remove both kitchen walls to connect to the living space for a more open, loft like feel. Both bedrooms are generously proportioned and can easily accommodate a king size bed plus additional furnishings. Windowed bath and excellent storage throughout.

The Seward Park Co-op amenities include a fully equipped gym, two private gated parks, playroom, community room, in building laundry and on site management and maintenance. Just 1.5 blocks to the F train at East Broadway and 2.5 blocks to F, J, M, Z at Delancey/Essex. Close to great restaurants, cafes, galleries, etc. on Ludlow, Orchard, Division and Broome streets. Steps to Essex Crossing with Trader Joe's, Target, Regal Cinema, Essex Market, the Market Line and more!

Features & Amenities

Interior Features

Smoke Free Building Other

Exterior Features

Balcony Private Outdoor Space Under60 Sqft None Balcony

Building Amenities

Elevators

Building Information

Building Seward Park
Building Data View Compliance & Permits
Total Units 130
Stories 20
Structure HighRise

Financial Details

Maintenance $1,488/mo
Original Price $1,049,000
Sale Price $990,000
Previous Price $999,000

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

113

Median Asking Price

$1.27M

Median $/Sqft

$1,393

Avg Days on Market

N/A

New This Week

12

Price Reduced

29%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/1/26, 10:06 PM EST

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Location

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387 GRAND Street #K406, Lower East Side, New York County

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 $1,488 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1959, making it approximately 67 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: Pets Allowed,Building Pets Allowed Comments:Pets Allowed. 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: RLS10970760
First Listed: 5/10/2024
On Market: 5/10/2024
Price Changed: 6/16/2025
Closed: 6/16/2025
Contract Date: 5/10/2024

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Neal B Young

Listing Contact: (212) 381-6510

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 5/2/2026 at 2:06 AM UTC

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