Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $750,000

Listed at $715,000 · Sold 4.9% above asking · Closed May 18, 2015

475 Fdr Drive #L-1701
Closed For Sale Co-op

$715,000

$715 per sq ft

475 Fdr Drive #L-1701

Lower East Side, Manhattan

MLS® #RLS10094796

RLS at REBNY

Listing by R New York

2

Bedrooms

1

Bath

1,000

Sq. Ft.

1953

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 1,000 sq ft
Year Built 1953
Ownership Co-op
Maintenance $800.47/mo
Parking Garage
Neighborhood Lower East Side
Floor 17 of 21

Property Highlights

  • Exposure: East,West facing
  • Climate Control: Window Units
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 17 of 21
Exposure East,West
Cooling Window Units
Pets CatsOk
Cross Street Grand Street/Delancey Street
Year Built 1953
Living Area 1,000 sq ft
Parking Garage Available
Block/Lot 321/1

Listing History

Event Date Price Change
Listed Jan 16, 2015 $715,000 -
Currently May 9, 2026 $715,000 -

Description

High floor two bedroom with postcard views of the Williamsburg Bridge from your living room and one bedroom. Apartment has been freshly painted and has ample closets. Great light and views from living room and the other bedroom faces to the west. Kitchen and bathroom need some TLC. The amount of shares for sale is 28 1/8 not 28, Olr would not list fractions. Bus stop is around the corner, parking available on premises, fitness room, storage room, laundry in building, super on premises,outdoor gated play space for children as well. F train is six blocks away and M22 bus goes crosstown fairly quickly. Open views, height and light. Accepted Offer Febuary 4th, 2015. In Contract as of February 19th, 2015. Closing set for May 18th.

Features & Amenities

Interior Features

Common Area

Exterior Features

Building Garden

Building Information

Financial Details

Maintenance $800.47/mo
Sale Price $750,000

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)

6

Median Sale Price

$1.15M

Live data from RLS at REBNY • Updated 5/9/26, 4:50 PM EST

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Location

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475 Fdr Drive #L-1701, Lower East Side, New York County • Near Grand Street/Delancey Street

Building Information

Official NYC property records for this building

1955
Year Built
71 years old
20
Floors
839
Residential Units
R7-2
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $59,220,000
Land Value: $8,595,450
Exemptions: $1,092,922

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

Lot Area: 298,550 SF
Building Area: 1,231,250 SF
Built FAR: 4.12
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 $800.47 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 1,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1953, making it approximately 73 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.

At the current list price of $715,000 for 1,000 sq ft, the asking price per square foot is approximately $715. 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: RLS10094796
First Listed: 1/16/2015
Closed: 5/18/2015
Contract Date: 1/16/2015

Listing Courtesy of R New York - Asher Sarnoff

Listing Contact: (212) 994-9965

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 8:50 PM UTC

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