Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $875,000

· Closed December 30, 2021

577 GRAND Street # F507
Closed For Sale Co-op

$875,000

577 GRAND Street # F507

Lower East Side, Manhattan

MLS® #RLS10737097

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1956

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Lot Size 212,250 sq ft
Year Built 1956
Ownership Co-op
Maintenance $1,283/mo
Parking Garage
Neighborhood Lower East Side
Floor 5 of 20

Property Highlights

  • Views: City, Park Greenbelt, River
  • Exposure: South,West facing
  • Outdoor Space: Balcony

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 5 of 20
View City, Park Greenbelt, River
Exposure South,West
Pets Yes
Year Built 1956
Parking Garage Available
Lot Size 212,250 sq ft

Listing History

Event Date Price Change
Listed Aug 13, 2021 $865,000 -
Currently May 5, 2026 $875,000 +1.2%

Description

Move right into this highly coveted outside corner layout with views from every window to the East River or downtown skyline. This open and airy apartment boasts superb light from every room. Relax in your private south west facing balcony with views of the park and east river. The renovated opened kitchen with custom dining bar has been thoughtfully outfitted with custom cabinetry to maximize storage. Living and Dining area have double exposures, south and west, for excellent light all day long! Primary bedroom has incorporated the back-hall way making it even more spacious. The living room features a huge picture window across the entire west facing wall. There is a roomy dining foyer for serving holiday meals and gatherings. Wide plank flooring throughout the apartment! A renovated windowed bathroom and lots of closets completes this special home. A superb apartment that represents one of todays best opportunities for East River Coop living. East River Coop amenities includes state of the art fitness center, 24/7 attended lobby, 24/7 laundry services, private gated parks, in building package room, and a community room. Emergency power for water and lights. It is a tranquil enclave with private playgrounds, basketball court, and parks. Other building amenities include full maintenance staff, bike room, and private security. Parking available (additional fee). Maintenance includes heat and hot water. Public transportation includes easy access to M14A, M14D, M21 and M22 buses and F, J, M, and Z subways. Close to several Citi bike racks and East River Ferry Service. Neighborhood includes trendy new LES shops, Essex Crossings with Trader Joes, Target and a Regal Cinema. Please contact us to view this amazing home!

Features & Amenities

Interior Features

Entrance Foyer Eat In Kitchen Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Courtyard Building Garden Balcony Courtyard Garden Balcony

Building Information

Financial Details

Maintenance $1,283/mo
Original Price $865,000
Sale Price $875,000
Previous Price $865,000

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

115

Median Asking Price

$1.29M

Median $/Sqft

$1,411

Avg Days on Market

N/A

New This Week

13

Price Reduced

29%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/4/26, 8:06 PM EST

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Location

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577 GRAND Street # F507, Lower East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1955
Year Built
71 years old
20
Floors
833
Residential Units
R7-2
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $81,285,300
Land Value: $7,155,000
Exemptions: $1,679,526

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

Lot Area: 212,250 SF
Building Area: 923,000 SF
Built FAR: 4.35
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 $1,283 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 1956, making it approximately 70 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.

Pet policy requires confirmation with the listing broker.

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: RLS10737097
First Listed: 8/13/2021
Price Changed: 12/30/2021
Closed: 12/30/2021
Contract Date: 8/13/2021

Listing Courtesy of Sotheby's International Realty, Inc. - James Keenan

Listing Contact: (917) 299-6554

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 5/5/2026 at 12:06 AM UTC

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