Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
477 Fdr Drive #M1602

For Sale · Listing by R New York

477 Fdr Drive #M1602

Lower East Side, Manhattan

$899,000

Interested in this property?
Active For Sale Co-op

$899,000

$1,124 per sq ft

477 Fdr Drive #M1602

Lower East Side, Manhattan

MLS® #RLS20117105

RLS at REBNY

Listing by R New York

2
Bedrooms
1
Bath
800
Sq. Ft.
1955
Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 800 sq ft
Year Built 1955
Ownership Co-op
Maintenance $1,164/mo
Neighborhood Lower East Side

Property Highlights

  • Views: River
  • Exposure: North,West facing
  • Climate Control: Window Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 1 Full
View River
Exposure North,West
Cooling Window Units
Pets CatsOk
Cross Street Grand Street/Delancey Street
Year Built 1955
Living Area 800 sq ft
Structure Type HighRise
Parcel # 0321-0001-00477-000-00M1602
Block/Lot 0321/0001

Listing History

Event Date Price Change
Listed Sep 24, 2026 $899,000 -
Currently Sep 24, 2026 $899,000 -

Description

Meticulously renovated with a fresh, modern aesthetic, this two-bedroom residence at 477 FDR Drive, M1602, pairs beautifully updated interiors with striking New York City views. The spacious living room sets an inviting tone with wood floors, crisp white walls, recessed lighting and an open layout that comfortably accommodates both relaxing and entertaining. The fully-renovated kitchen combines clean design with everyday practicality. White Shaker cabinetry, sleek white stone countertops and a charcoal penny-tile backsplash create a sophisticated palette, complemented by stainless steel appliances, including a French-door refrigerator, gas range, microwave and dishwasher. An undermount sink with a spring-coil faucet and a breakfast peninsula beneath a slender pendant light complete the space, keeping the kitchen connected to the living area. The windowed bathroom has been thoughtfully transformed with pale, large-format wall tiles, charcoal herringbone flooring and a glass shower enclosure featuring a rainfall showerhead, handheld spray and recessed niche. A white vanity, mirrored medicine cabinet and contemporary lighting bring together style and useful storage. Two bedrooms continue the apartment’s cohesive finishes, with fresh white walls and ample natural light. Multiple closets throughout the home provide generous storage for clothing, linens and everyday essentials. Windows throughout the apartment create a bright, airy atmosphere, framing views of the Williamsburg Bridge, the Midtown Manhattan skyline and the East River. The combination of open sky, iconic architecture and water gives this home a distinctly New York backdrop. Beyond the apartment, residents enjoy landscaped private parks, two outdoor playgrounds, a well-equipped gym, basketball courts, a spacious laundry room and an indoor playroom, an appealing collection of amenities that makes daily life more convenient. A standout neighborhood attraction is the newly reimagined East River Park, part of the transformative East Side Coastal Resiliency project. Bjarke Ingels Group developed the original coastal-protection concept and participated in the design team, with the NYC Department of Design and Construction leading delivery alongside its city partners. The renewed waterfront brings together sweeping river views, inviting lawns, landscaped gathering places and recreation, making the park a natural extension of life at home. Enjoy a refreshing water-play feature during the summer months, along with tennis and basketball courts, ballfields and spaces for soccer and other outdoor activities as the park’s phased reopening progresses. The broader park renewal includes facilities for football and running, supporting an active outdoor lifestyle across the seasons. Waterfront paths offer a scenic setting for walks and runs, while planned improvements at East 14th Street will strengthen connections to paths farther north. Continuing waterfront improvements to the south will enhance access toward South Street Seaport and Battery Park. Nearby, the Corlears Hook NYC Ferry landing offers a scenic commute to Wall Street/Pier 11 in approximately five to seven minutes, depending on the sailing. Direct service and connections across the ferry network put DUMBO, Greenpoint, Williamsburg, Red Hook, Pier 6, Sunset Park, Bay Ridge, Governors Island, East 34th Street, East 90th Street, Battery Park City, Midtown West, Roosevelt Island, Astoria, Long Island City and Rockaway within reach. Getting around by land is equally convenient, with M14A-SBS, M22 and M21 bus service close to your doorstep, plus the M9 and F, M, J and Z trains at Delancey/Essex within walking distance. Beautifully renovated interiors, iconic skyline views and Manhattan’s revitalized waterfront at your doorstep make this home as inviting as its surroundings. Come experience the light, the views and the thoughtful details for yourself. Schedule your private showing today and discover your next chapter at 477 FDR Drive.

Features & Amenities

Interior Features

Kitchen Window Common Area

Exterior Features

Building Garden

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Stories 21
Structure HighRise

Financial Details

Maintenance $1,164/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

108

Median Asking Price

$1.10M

Median $/Sqft

$1,319

Avg Days on Market

N/A

New This Week

7

Price Reduced

33%

Sold (30 Days)

12

Median Sale Price

$893K

Live data from RLS at REBNY • Updated 9/24/26, 8:03 AM EST

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Location

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477 Fdr Drive #M1602, Lower East Side, New York County • Near Grand Street/Delancey Street

Floor Plans

Floor Plan 1

Floor Plan

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: $1,368,098

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 $1,164 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 800 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1955, making it approximately 71 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $899,000 for 800 sq ft, the asking price per square foot is approximately $1,124. 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 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: RLS20117105
First Listed: 9/24/2026
On Market: 9/24/2026
Price Changed: 9/24/2026
Contract Date: 9/15/2026

Listing Courtesy of R New York - Socrates Gomez

Listing Contact: (917) 330-5532

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 9/24/2026 at 12:03 PM UTC

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Lower East Side Market Update

12 sales last 30 days · $1.10M median · 9 months supply

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Quick Facts

Status Active Type Co-op Neighborhood Lower East Side Borough Manhattan
County New York
Year Built 1955
First Listed 9/24/2026
Living Area 800 sqft
Maintenance $1,164/mo

Monthly Costs Estimate

Down Payment 20%

$179,800

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,164
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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