Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
455 FDR Drive #B405

For Sale · Listing by Compass

455 FDR Drive #B405

Lower East Side, Manhattan

$1,125,000

Interested in this property?
Active For Sale Co-op

$1,125,000

455 FDR Drive #B405

Lower East Side, Manhattan

East River Co-ops

MLS® #RLS20113765

RLS at REBNY

Listing by Compass

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
  • Exposure: East,North facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 1 of 21
View Water
Exposure East,North
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 Sep 9, 2026 $1,125,000 -
Currently Sep 9, 2026 $1,125,000 -

Description

Welcome to Residence B405 at 455 FDR Drive, a beautifully renovated three-bedroom, two-bathroom home offering nearly 1,300 square feet of space, spectacular open views of the East River and Williamsburg Bridge, and an exceptionally low monthly maintenance. From the moment you enter, a gracious foyer with a generous coat closet leads to an expansive great room filled with natural light and dramatic north- and east-facing views. With gleaming wood parquet floors and an exceptionally versatile layout, the space easily accommodates generous living and dining areas, as well as a dedicated home office. At the heart of the home is a thoughtfully designed, fully renovated chef’s kitchen. A large window brings in additional light, while more than 15 feet of cabinetry and counter space provide abundant storage and workspace. Stone countertops, stainless steel appliances, and two dedicated pantries complete this highly functional kitchen. A separate hallway creates a wonderful sense of privacy between the entertaining and sleeping areas. The spacious primary bedroom easily accommodates a king-sized bed and additional furnishings and features large west-facing windows and a deep closet. The renovated windowed en-suite bath offers a glass-enclosed shower, classic subway tile, and a warm wood vanity. Two additional oversized bedrooms—an increasingly rare find in New York City—comfortably accommodate queen-sized beds and furnishings, while offering peaceful views toward the East River and Williamsburg Bridge. A second full bathroom with a soaking tub and two additional hallway closets complete the home. Move-in ready, generously proportioned, and filled with light and open views, Residence B405 offers an exceptional combination of space, condition, and value. East River Housing Co-op offers an impressive array of amenities, including two private parks, children's playground and playroom, fully equipped fitness center, laundry room, community room, and 24-hour lobby attendant. Convenient transportation options include Citi Bike, the East River Ferry to downtown, the M14, M21 and M22 buses, the F train at East Broadway, and the F, J, Z and M trains at Delancey/Essex. The Lower East Side is one of Manhattan's most vibrant and culturally diverse neighborhoods, with an abundance of restaurants, nightlife, shopping, and entertainment. Neighborhood favorites include Kossar's, The Doughnut Plant, Trader Joe's, Target, and Regal Cinemas. Additional Details: Dogs are not permitted. Gifting and guarantors permitted with Board approval. Subletting permitted after two years of ownership. $144/month assessment through April 2028. Some photographs have been virtually staged; kitchen and bathroom finishes are actual. All dimensions are approximate; buyer to verify. Showings by appointment with 24–48 hours' advance notice.

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 Clubhouse Security System Security Gate Security Guard

Appliances

Gas Cooktop Stainless Steel Appliances

Building Information

Building East River Co-ops
Building Data View Compliance & Permits
Total Units 1675
Stories 21
Structure HighRise,MultiFamily

Financial Details

Maintenance $1,948/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

101

Median Asking Price

$1.10M

Median $/Sqft

$1,314

Avg Days on Market

N/A

New This Week

4

Price Reduced

38%

Sold (30 Days)

15

Median Sale Price

$840K

Live data from RLS at REBNY • Updated 9/9/26, 3:33 PM EST

Location

Loading map...

455 FDR Drive #B405, Lower East Side, New York County

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: $2,102,394

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 Milton Coste 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 Milton Coste for weight limits or breed restrictions.

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: RLS20113765
First Listed: 9/9/2026
On Market: 9/9/2026
Price Changed: 9/9/2026
Contract Date: 7/29/2026

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 9/9/2026 at 7:33 PM UTC

See it in person

Lower East Side Market Update

15 sales last 30 days · $1.10M median · 6.7 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood Lower East Side Borough Manhattan
County New York
Floor 1 of 21
Year Built 1955
First Listed 9/9/2026
Maintenance $1,948/mo

Monthly Costs Estimate

Down Payment 20%

$225,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,948
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$11,250

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

Back to Search

Find more properties

Buying a Co-op? Start Here

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

NYC Flip Tax Guide for Sellers

What co-op flip taxes are, how they're calculated, and who pays.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email