Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $515,000

Listed at $500,000 · Sold 3.0% above asking · Closed December 19, 2023

385 Grand Street #L302
Closed For Sale Co-op

$500,000

385 Grand Street #L302

Lower East Side, Manhattan

Seward Park II

MLS® #RLS10922783

RLS at REBNY

Listing by Level Group Inc

Studio

1

Bath

N/A

Sq. Ft.

1958

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Lot Size 293,600 sq ft
Year Built 1958
Ownership Co-op
Maintenance $613/mo
Parking Garage
Neighborhood Lower East Side
Floor 3 of 21

Property Highlights

  • Views: Park Greenbelt
  • Exposure: East,South facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 3 of 21
View Park Greenbelt
Exposure East,South
Pets Yes
Year Built 1958
Parking Garage Available
Parking Features Electric Vehicle Charging Stations
Structure Type None
Furnished Unfurnished
Lot Size 293,600 sq ft
Parcel # 0311-0013-00385-000-000L302
Block/Lot 00311/0013

Listing History

Event Date Price Change
Listed Sep 11, 2023 $500,000 -
Currently May 3, 2026 $500,000 -

Description

This loft-like studio apartment is move-in ready and features: a large windowed kitchen complete with full-size stainless steel appliances, extensive cabinet storage (uppers and lowers, + floor to ceiling pantry wall), granite countertops (including a multi-tiered prep/seating counter), oversized closets, hardwood floors, and a classic NYC-style renovated bathroom complete with new tile and fixtures. The expansive main room can easily be divided into separate sleeping and living spaces with the installation of a dividing wall or clever placement of furniture/bookshelves. As currently configured, there is ample space for a desk/home office, a bed, a small dining table, a full-sized sofa, an entry foyer, all complimented by a full-size kitchen (this is not your typical studio!). The open kitchen coupled with three large windows and southeastern exposure, affords this home substantial natural light and a loft-like feel. The Seward Park Cooperative offers on-site parking, bicycle storage, personal storage, an indoor children’s playroom, two private outdoor playgrounds, a gym, a community room, shared office space, a children’s organic community garden, composting, 24/7 maintenance services on site, 24-hour lobby attendants/security, and several acres of grass and private green space for reading books and relaxing outdoors. Pets allowed. Gifting, co-purchasing, and guarantors permitted. Subletting permitted after two years of ownership. Monthly subletting fees apply during the term of sublease. Board approval required. Conveniently located within two blocks of the subway at Delancey/Essex St (F/M/J/Z) and East Broadway (F), north and south-bound access to the FDR, and just a few blocks from the M15 Select Bus Service, commuting is seamless. The property is situated for easy vehicular access to Brooklyn via the Williamsburg, Manhattan, and Brooklyn Bridges. The Cooperative also benefits from its proximity to Essex Crossing, an 8 acre development located one block north. A movie theater, bowling alley, indoor European style food hall, The International Center of Photography, Trader Joes, Target, a NYU medical facility, and more are all part of this neighboring development.

Features & Amenities

Interior Features

Elevator Galley Kitchen Kitchen Window Storage Common On Floor Common Area Laundry Room

Exterior Features

Building Courtyard Courtyard

Appliances

Dishwasher

Building Information

Financial Details

Maintenance $613/mo
Sale Price $515,000

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

113

Median Asking Price

$1.27M

Median $/Sqft

$1,407

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 5/3/26, 5:37 PM EST

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Location

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385 Grand Street #L302, Lower East Side, New York County

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 $613 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 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1958, making it approximately 68 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.

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: RLS10922783
First Listed: 9/11/2023
On Market: 9/11/2023
Price Changed: 9/11/2023
Closed: 12/19/2023
Contract Date: 9/11/2023

Listing Courtesy of Level Group Inc - Eric Levine

Listing Contact: (917) 740-5381

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 5/3/2026 at 9:37 PM UTC

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