Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
455 FDR Drive #B405
Interested in this property?
Active For Sale Co-op

$1,125,000

455 FDR Drive #B405

Lower East Side, Manhattan

East River Housing Corp.

MLS® #RLS20077776

RLS at REBNY

Listing by Compass

Open House Scheduled

Sunday, May 10 • 12:30 PM – 1:30 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

3

Bedrooms

2

Baths

N/A

Sq. Ft.

1955

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Year Built 1955
Ownership Co-op
Maintenance $1,948/mo
Neighborhood Lower East Side
Floor 1 of 21

Property Highlights

  • Views: Water
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 1 of 21
View Water
Cooling Other
Pets CatsOk
Year Built 1955
Structure Type HighRise,MultiFamily
Flooring Hardwood, Parquet
Furnished Unfurnished
Block/Lot 00263/0008

Listing History

Event Date Price Change
Listed Mar 25, 2026 $1,125,000 -
Price Reduced May 8, 2026 $1,199,000 +6.6%

Description

Welcome home to Residence B405 at 455 FDR Drive, a stunningly renovated three-bedroom, two-bathroom sanctuary offering breathtaking open views of the Williamsburg Bridge and the East River. Spanning nearly 1,300 square feet and low monthly maintenance, this turnkey home represents an incredible value. A long foyer with a spacious coat closet leads you into an expansive great room, where you are immediately met by bright, open skies and direct north and east-facing river views. Gleaming wood parquet floors run throughout the space, which offers a versatile footprint for large-scale living, formal dining, and a dedicated home office. The fully renovated chef’s kitchen is a standout, featuring a large window, over 15 feet of cabinetry and counter space on each wall, stone countertops, a full suite of stainless steel appliances, and two dedicated pantries. A thoughtful hallway provides perfect separation between the entertaining areas and the quiet sleeping quarters. The primary suite is a true retreat, easily accommodating a king-sized bed plus additional furniture, complemented by large west-facing windows and a deep closet. Its windowed en-suite bathroom serves as a soothing sanctuary with a glass shower, beautiful subway tiling, and a warm wood vanity. Two additional oversized bedrooms—a rare luxury in NYC—each comfortably fit a queen-sized bed and furnishings while offering serene views of the bridge and river. A second full bathroom with a soaking tub and two additional hallway closets complete this thoughtfully designed home. Don’t miss this opportunity to own a move-in-ready home with unparalleled space, light, and views at an exceptional price. Shown by appointment with 24-48 hours advanced notice. The East River Housing Co-op offers a full suite of amenities including 2 private parks, a children's playground, children's playroom, fully equipped fitness center, laundry room, community room, and a 24 hour lobby attendant. Nearby transportation options include Citibike, the ferry to downtown, the M14, M22 and M21 buses, the F train on East Brodway, and the F, J, Z, and M trains on Delancey and Essex. Dogs not permitted. Gifting and guarantors are permitted with board approval. Subletting allowed after 2 years of ownership. The Lower East Side is a culturally diverse neighborhood full of restaurants, nightlife and shopping. Close neighborhood favorites include Kossar’s, The Doughnut Plant, Trader Joe's, Target, and Regal Cinemas. ***Some photos have virtually staged furniture. Kitchen and bathrooms are actual finishes. *** All dimensions are estimates. Buyer to verify ***$144.00 assessment through April 2028

Features & Amenities

Interior Features

Common On Floor Common Area Flooring: Hardwood, Parquet

Exterior Features

Building Courtyard Building Garden

Building Amenities

Common Lounge Common Playroom Elevators Fitness Center Management On Site Management Recreation Room Security System Security Gate Security Guard

Appliances

Gas Cooktop Stainless Steel Appliances

Building Information

Building East River Housing Corp.
Building Data View Compliance & Permits
Total Units 1675
Stories 21
Structure HighRise,MultiFamily

Financial Details

Maintenance $1,948/mo
Previous Price $1,199,000

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)

5

Median Sale Price

$1.15M

Live data from RLS at REBNY • Updated 5/10/26, 9:55 AM EST

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Location

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455 FDR Drive #B405, 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 $1,948 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms.

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: Cats Allowed,Building Pets Allowed Comments:No Dogs Allowed Cats Only. 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: RLS20077776
First Listed: 3/17/2026
On Market: 3/25/2026
Price Changed: 5/8/2026
Contract Date: 2/5/2026

Listing Courtesy of Compass - Ryan Gloor

Listing Contact: (415) 860-5665

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 5/10/2026 at 1:55 PM UTC

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