Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
385 Grand Street ##2002
Closed For Sale Co-op

$510,000

$1,020 per sq ft

385 Grand Street ##2002

Lower East Side, Manhattan

Seward Park

MLS® #RLS10474652

RLS at REBNY

Listing by The Corcoran Group

Studio

1

Bath

500

Sq. Ft.

1960

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 500 sq ft
Year Built 1960
Ownership Co-op
Maintenance $502.68/mo
Parking Garage
Neighborhood Lower East Side
Floor 20 of 20

Property Highlights

  • Views: City
  • Climate Control: Window Units
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 20 of 20
View City
Cooling Window Units
Pets Yes
Cross Street NORFOLK STREET and SUFFOLK STREET
Year Built 1960
Living Area 500 sq ft
Parking Garage Available

Listing History

Event Date Price Change
Listed Mar 3, 2017 $499,000 -
Currently May 9, 2026 $510,000 +2.2%

Description

Exceptional Value in the Lower East Side!

Welcome home to apartment 2002 at 385 Grand Street, a well laid-out studio with abundant storage, spacious windowed eat-in kitchen and great light and open views. Located on the top floor of the building, unit 2002 has a a large living / sleeping area that allows for great separation between spaces and distinct living and sleeping areas. The kitchen has clean white appliances and includes a dishwasher and wine fridge. The bathroom has white subway tile with black tile accents. The apartment also comes with a custom built-in Murphy Bed and storage unit. The entire home just received a fresh coat of paint.

385 Grand Street permits subletting, guarantors, co-purchasing, pied-a-terres and pets with registration. Included at the building are 2 private parks, fitness center, kid's playroom, full-time lobby attendant, laundry room, community garden, bike storage and community room.

The building is moments away East Broadway and Delancey Street (F, J, M & Z trains) subway stations; M14 bus at the corner and a short walk to M15, M21 & M22 buses. Located in the heart of a neighborhood that has quickly evolved into one of Manhattan's most dynamic, vibrant and exciting neighborhoods, the building is moments away from all of the great shopping, restaurants and cafe's that the Lower East Side has to offer.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Courtyard Building Garden

Building Information

Financial Details

Maintenance $502.68/mo
Original Price $499,000
Sale Price $510,000
Previous Price $499,000

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

$1.14M

Live data from RLS at REBNY • Updated 5/9/26, 8:32 AM EST

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Location

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385 Grand Street ##2002, Lower East Side, New York County • Near NORFOLK STREET and SUFFOLK STREET

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 $502.68 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 500 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 $510,000 for 500 sq ft, the asking price per square foot is approximately $1,020. 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: RLS10474652
First Listed: 3/3/2017
Price Changed: 7/14/2017
Closed: 7/14/2017
Contract Date: 3/3/2017

Listing Courtesy of The Corcoran Group - Shakti C'Ganti

Listing Contact: (212) 444-7873

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 5/9/2026 at 12:32 PM UTC

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