Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
387 Grand Street #K806
Closed For Sale Co-op

$1,425,000

$1,424 per sq ft

387 Grand Street #K806

Lower East Side, Manhattan

MLS® #RLS10970840

RLS at REBNY

Listing by Compass

2

Bedrooms

1

Bath

1,001

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 1,001 sq ft
Year Built N/A
Ownership Co-op
Maintenance $1,416/mo
Parking Garage
Neighborhood Lower East Side
Floor 8

Property Highlights

  • Exposure: South,West facing
  • Outdoor Space: Balcony
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 8
Exposure South,West
Cooling Other
Pets CatsOk, DogsOk
Living Area 1,001 sq ft
Parking Garage Available
Parking Features Garage, Private
Structure Type HighRise
Furnished Unfurnished
Parcel # 0311-0013-00387-000-000K806
Block/Lot 00311/0013

Listing History

Event Date Price Change
Listed Nov 27, 2023 $1,495,000 -
Currently May 3, 2026 $1,425,000 -4.7%

Description

BRAND NEW - GUT RENOVATED APARTMENT AT SEWARD PARK Be the first to live in this stunning, newly renovated 2 bedroom apartment with a southwest facing balcony and Miele washer and dryer in unit, in Seward Park Cooperative, nestled in the heart of New York City's vibrant Lower East Side. This apartment boasts iconic views of 1 World Trade Center (the Freedom Tower), 56 Leonard (the Jenga Building) as well as historic brownstones and stunning sunsets. Apartment K806 has undergone a meticulous and comprehensive renovation, ensuring that every inch of the space is brand new, including electricity and plumbing and built to the highest contemporary standards. The living area is flooded with natural light, creating a warm and inviting ambiance. It offers ample space for both living and dining, making it ideal for entertaining or relaxing. The windowed open concept kitchen features brand new stainless steel appliances, custom cabinetry, and beautiful quartz countertops. There are two generously-sized bedrooms and a brand new bathroom featuring contemporary fixtures, a custom vanity, and tasteful tiling. Beautiful 5” wide plank wooden floors and recessed lighting complete this home. The monthly maintenance for this 2 bedroom apartment is only $1,276. Pets, subletting, gifting, co-purchasing, and guarantors are permitted with Board approval. Seward Park Cooperative features 24-hour attended lobby, a gym, indoor children’s playroom, two private outdoor playgrounds with water features, lawns for recreation, a community room (available for private parties), shared office space, an organic community garden, on-site valet indoor and outdoor parking (wait list), electric car charging stations, bicycle storage, personal storage (wait list), and 24-hour building and grounds maintenance services on-site, all spread across 13 acres of private green space. 387 Grand Street is conveniently located near the subway at Delancey/Essex St (F/M/J/Z) and East Broadway (F), north and south access to the FDR, and the M15 and M14A Select Bus Service. The property is situated for easy vehicle access to Brooklyn via the Brooklyn, Manhattan, and Williamsburg Bridges. The Lower East Side has a trendy and relaxed vibe and continues to evolve into one of the most eclectic neighborhoods in NYC. It offers a fun mix of classic establishments and a thriving art, restaurant, and nightlife scene that is often written about on Eater, Thrillist, The Infatuation, and Time Out New York. The neighborhood is home to Essex Crossing, a new commercial development located one block north of the coop, in which there is a Regal Cinema multiplex, bowling alley, indoor European style food halls, and specialty food vendors. Also in the neighborhood are The International Center of Photography, the largest Trader Joe’s on the Eastern Seaboard, Target, and an NYU-Langone medical facility.

Features & Amenities

Interior Features

Breakfast Bar Eat In Kitchen Kitchen Island Recessed Lighting Common On Floor Common Area Electric Dryer Hookup In Unit

Exterior Features

Balcony Courtyard Garden Balcony

Appliances

Cooktop Dryer Dishwasher Gas Cooktop Gas Oven Refrigerator Stainless Steel Appliances Washer

Building Information

Building Data View Compliance & Permits
Total Units 1
Structure HighRise

Financial Details

Maintenance $1,416/mo
Original Price $1,495,000
Sale Price $1,425,000
Previous Price $1,495,000

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

$1,407

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 5/3/26, 12:02 PM EST

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Location

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387 Grand Street #K806, 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 $1,416 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 2 bedrooms and 1 full bathroom.

The listed interior living area is 1,001 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $1,425,000 for 1,001 sq ft, the asking price per square foot is approximately $1,424. 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: RLS10970840
First Listed: 11/27/2023
On Market: 11/27/2023
Price Changed: 6/17/2024
Closed: 5/6/2024
Contract Date: 1/22/2023

Listing Courtesy of Compass - Jodi Zagoory

Listing Contact: (917) 952-9530

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 5/3/2026 at 4:02 PM UTC

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