Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
475 Fdr Drive #L-1802
Closed For Sale Co-op

$850,000

475 Fdr Drive #L-1802

Lower East Side, Manhattan

MLS® #RLS10786066

RLS at REBNY

Listing by Compass

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1953

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1953
Ownership Co-op
Maintenance $1,321/mo
Parking Garage
Neighborhood Lower East Side
Floor 18 of 21

Property Highlights

  • Views: River
  • Exposure: East,South,West facing
  • Outdoor Space: Balcony

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 18 of 21
View River
Exposure East,South,West
Cooling Window Units
Pets CatsOk
Cross Street Grand Street/Delancey Street
Year Built 1953
Parking Garage Available
Block/Lot 321/1

Listing History

Event Date Price Change
Listed Oct 21, 2021 $850,000 -
Price Reduced Dec 14, 2021 $849,500 -0.1%

Description

Welcome home to this bright and sunny, large two bedroom apartment at the East River Co-ops. This generously proportioned two bedroom, one bath home features both south and east exposures with sweeping vistas, a large southern facing balcony, a windowed eat-in kitchen with stainless steel appliances, numerous oversized closets, and hardwood floors throughout. The sun-drenched corner living room is a joy with dual exposures and opens up onto the nearly 60sf balcony. Both bedrooms receive ample light and can each accommodate a king-size bed. Located on the 18th floor of the building, the open Southern views include all of Lower Manhattan, including a view of One World Trade, as well as Southeastern views to East River and Manhattan Bridge from both the living room and primary bedroom. The East River Coop features two private, beautifully maintained parks with playgrounds, 24-hour in building doorman, community room, playroom, and in building laundry. Close to East River Park and 4 bus lines M14A and D, M22, and M21. F, J, M & Z Trains at Delancey/Essex and F at East Broadway. Co-purchasing, guarantors and gifting allowed. Subleasing permitted after 2 years of ownership.

Features & Amenities

Interior Features

Common Area

Exterior Features

Building Garden Balcony Balcony

Building Information

Financial Details

Maintenance $1,321/mo
Sale Price $850,000
Previous Price $849,500

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

112

Median Asking Price

$1.27M

Median $/Sqft

$1,407

Avg Days on Market

N/A

New This Week

9

Price Reduced

29%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/4/26, 11:03 AM EST

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Location

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475 Fdr Drive #L-1802, Lower East Side, New York County • Near Grand Street/Delancey Street

Floor Plans

Floor Plan 1

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 $1,321 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 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.

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: RLS10786066
First Listed: 10/21/2021
Price Changed: 12/14/2021
Closed: 7/29/2022
Contract Date: 10/21/2021

Listing Courtesy of Compass - Jonathan Lavoie

Listing Contact: (516) 717-7281

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 5/4/2026 at 3:03 PM UTC

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