Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,500,000

· Closed June 2, 2021

Closed For Sale Co-op

$1,500,000

$1,200 per sq ft

385 GRAND Street #L406

Lower East Side, Manhattan

Seward Park

MLS® #RLS10101696

RLS at REBNY

Listing by LoHo Realty Inc

3

Bedrooms

2

Baths

1,250

Sq. Ft.

1960

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,250 sq ft
Year Built 1960
Ownership Co-op
Maintenance $1,149/mo
Parking Garage
Neighborhood Lower East Side
Floor 406 of 21

Property Highlights

  • Exposure: East,West facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Floor 406 of 21
Exposure East,West
Pets Yes
Cross Street Essex Street & Clinton Street
Year Built 1960
Living Area 1,250 sq ft
Parking Garage Available
Parcel # 0311-0013-00385-000-000L406

Listing History

Event Date Price Change
Listed Jan 29, 2021 $1,500,000 -
Price Reduced May 4, 2017 $1,325,000 -11.7%

Description

True 3 bedroom / 2 bath, fully renovated apartment (at appx. 1,250 sq. ft.), in the most desirable building in Seward Park! The apartment opens to a well-proportioned living room with separate dining area. The windowed kitchen has white stone countertops, tiled backsplash, flooring, an abundance of espresso finished wood cabinets and stainless-steel LG appliances including dishwasher, range, and overhead microwave. There is even a washer/dryer combo!!! The king-sized master bedroom (with windowed bathroom en-suite) features an oversized walk-in closet. The main bath (as well as master) have new vanities, mirrored medicine cabinets, floor-to-ceiling tiling and shower stalls with pebble flooring to prevent slipping). The two additional large bedrooms can accommodate queen-sized beds, dresser, end tables and more! Other nice features throughout the apartment include double exposures (East & West), updated electric, hardwood flooring, base molding, overhead LED light fixtures and 4 additional large closets (including a walk-in upon entry). Amenities (additional fees & wait lists may apply) include 2 private parks complete with playgrounds & water park, a fully equipped fitness center, indoor children's playroom, 24/7 lobby attendant, 24/7 modern laundry room, on-site maintenance, community garden, composting, bike storage, shared work space, and community room complete with modern kitchen for events. Short walk to Trader Joes, Target, Regal Cinemas and the newly opened Essex Market! Short walk to Chinatown; Little Italy and cultural venues. Subleasing after 2 years of ownership. Shareholder required continuing to pay base maintenance in addition to a sublet fee. Dogs allowed subject to registration/approval. Washers / dryers allowed in-unit pending co-op approval.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $1,149/mo
Sale Price $1,500,000
Previous Price $1,325,000

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

11

Price Reduced

29%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/5/26, 5:14 AM EST

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Location

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385 GRAND Street #L406, Lower East Side, New York County • Near Essex Street & Clinton Street

Virtual Tour

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 $1,149 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 2 full bathrooms.

The listed interior living area is 1,250 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1960, making it approximately 66 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 $1,500,000 for 1,250 sq ft, the asking price per square foot is approximately $1,200. 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: RLS10101696
First Listed: 1/29/2021
Price Changed: 5/4/2017
Closed: 6/2/2021
Contract Date: 1/29/2021

Listing Courtesy of LoHo Realty Inc - Jacob J Goldman

Listing Contact: (212) 388-1115

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 9:14 AM UTC

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