Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,100,000

Listed at $1,090,000 · Sold 0.9% above asking · Closed November 20, 2020

577 GRAND Street #F601-602
Closed For Sale Co-op

$1,090,000

$681 per sq ft

577 GRAND Street #F601-602

Lower East Side, Manhattan

EAST RIVER HOUSES

MLS® #RLS10614997

RLS at REBNY

Listing by The Corcoran Group

3

Bedrooms

2

Baths

1,600

Sq. Ft.

1955

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,600 sq ft
Year Built 1955
Ownership Co-op
Maintenance $1,757.29/mo
Parking Garage
Neighborhood Lower East Side
Floor 6 of 20

Property Highlights

  • Exposure: East,North,South facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Floor 6 of 20
Exposure East,North,South
Pets Yes
Cross Street Cherry Street & Madison Street
Year Built 1955
Living Area 1,600 sq ft
Parking Garage Available

Listing History

Event Date Price Change
Listed Feb 20, 2020 $1,495,000 -
Currently May 5, 2026 $1,090,000 -27.1%

Description

Welcome to 577 Grand Street in the East River Coop on Manhattan?s historic Lower East Side! This rarely available approx. 1600 Sq Ft residence has an incredibly low monthly maintenance of $1,508 and if eligible for the STAR CREDIT, the average monthly maintenance is $1,375! . Enter into a spacious center gallery and huge open living dining room combination, ideally suited for entertaining. The corner bedrooms have glorious East River views and the 3rd bedroom can serve as a den or office. Amazing closet space throughout including a massive walk-in. The windowed eat-in kitchen includes granite counter tops and stainless steel appliances. Each marble bathroom also has a window. East River Coop amenities include: large, fully-equipped fitness center, two private parks, 24 hr security/attended lobby, playroom and community rooms. Just one block from Corlears Hook Park on the waterfront with ball fields, tennis courts, jogging paths and an amphitheater for outdoor concerts. Great restaurants, bakeries and cafes, and the new Essex Market all close by. Public transportation readily available. Please contact me today for a showing!

Features & Amenities

Interior Features

Eat In Kitchen Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Courtyard Building Garden

Building Information

Financial Details

Maintenance $1,757.29/mo
Original Price $1,495,000
Sale Price $1,100,000

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, 10:38 AM EST

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Location

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577 GRAND Street #F601-602, Lower East Side, New York County • Near Cherry Street & Madison Street

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 $1,757.29 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 1,600 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $1,090,000 for 1,600 sq ft, the asking price per square foot is approximately $681. 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: RLS10614997
First Listed: 2/20/2020
Closed: 11/20/2020
Contract Date: 3/2/2020

Listing Courtesy of The Corcoran Group - Michael Gordon

Listing Contact: (212) 753-3111

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 2:38 PM UTC

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