Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
575 Grand Street #E1505

For Sale · Listing by DGSIR Realty

575 Grand Street #E1505

Lower East Side, Manhattan

$1,298,000

Interested in this property?
Active For Sale Co-op

$1,298,000

$1,038 per sq ft

575 Grand Street #E1505

Lower East Side, Manhattan

MLS® #RLS20099654

RLS at REBNY

Listing by DGSIR Realty

3
Bedrooms
2
Baths
1,250
Sq. Ft.
1955
Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,250 sq ft
Year Built 1955
Ownership Co-op
Maintenance $1,642/mo
Neighborhood Lower East Side

Property Highlights

  • Location: Lower East Side, Manhattan
  • Property Type: Co-op
  • Built: 1955

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Pets CatsOk
Year Built 1955
Living Area 1,250 sq ft
Structure Type None
Parcel # 0263-0008-00575-000-00E1505
Block/Lot 263/8

Listing History

Event Date Price Change
Listed Jun 22, 2026 $1,350,000 -
Price Reduced Aug 15, 2026 $1,325,000 -1.9%
Currently Aug 16, 2026 $1,298,000 -2.0%

Description

Sun-Drenched 3-Bedroom Haven in East River Co-op This fully renovated 3-bedroom, 2-bath residence on the 15th floor of the prestigious East River Co-op offers the perfect blend of Manhattan convenience and family-friendly tranquility. With sweeping open-sky views and high-end finishes, this home is a rare find in the city. Interior Highlights Chef’s Kitchen: Modern renovation featuring quartz countertops, marble backsplash, stainless appliances, and pantry. Primary Suite: Spacious retreat with a fully renovated ensuite bath and custom-tiled shower. Flexible Layout: Two additional well-proportioned bedrooms, perfect for children, guests, or a home office. Storage: Extensive closet space throughout. Renovated Hall Bath: Featuring a soaking tub. Finishes: Warm, walnut-hued hardwood floors throughout. Building & Community Amenities East River Co-op offers a private, secure sanctuary , featuring: Green Space: Two private, gated parks with playgrounds exclusively for residents. Safety: 24-hour security and on-site management. Facilities: Fitness center, children’s playroom, and on-site laundry. Top-Tier Education This home is, located steps from NEST+m, Manhattan’s premier K-12 Gifted & Talented school. Other highly-rated nearby options include PS 110, PS 184, and University Neighborhood High School. Neighborhood & Lifestyle Located in the vibrant Lower East Side, you are minutes from the convenience of Essex Crossing (Trader Joe’s, Target, Essex Market, and Regal Cinema). Outdoor Living: Enjoy immediate access to the East River Park and Esplanade for biking, jogging, and recreation. Commuter’s Dream: Exceptional accessibility with a 96 Transit Score. Easy access to the F, J, M, and Z subway lines, plus multiple bus routes. Property Details Type: Stock Cooperative (1955 Brick Construction) Monthly HOA: $1,642 (includes gas, heat, and water) Policy: No dogs allowed; Co-op board application required. This home offers the rare combination of space, light, community, and access to the city’s best schools—all in an unbeatable location.

Features & Amenities

Interior Features

Building Main Level Main Level

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 836
Stories 20
Structure None

Financial Details

Maintenance $1,642/mo
Original Price $1,350,000
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

107

Median Asking Price

$1.10M

Median $/Sqft

$1,222

Avg Days on Market

N/A

New This Week

0

Price Reduced

37%

Sold (30 Days)

9

Median Sale Price

$785K

Live data from RLS at REBNY • Updated 8/15/26, 9:58 PM EST

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Location

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575 Grand Street #E1505, 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: $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 $1,642 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.

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 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 $1,298,000 for 1,250 sq ft, the asking price per square foot is approximately $1,038. 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: RLS20099654
First Listed: 6/24/2026
On Market: 6/22/2026
Price Changed: 8/15/2026
Contract Date: 6/16/2026

Listing Courtesy of DGSIR Realty - Huai Ling Deng

Listing Contact: (917) 859-7718

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 8/16/2026 at 1:58 AM UTC

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Lower East Side Market Update

9 sales last 30 days · $1.10M median · 11.9 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 6/24/2026
Living Area 1,250 sqft
Maintenance $1,642/mo

Monthly Costs Estimate

Down Payment 20%

$259,600

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,642
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

$12,980

Run the numbers on a different offer price

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

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