Market Notebook · Lower East Side

What Came to Market in Lower East Side This Week

8 new sale listings reached the Lower East Side market this week. Homes here typically take about 113 days to reach a signed contract, so this week's arrivals are genuinely fresh.

None of these are my listings. I track new inventory across Lower East Side every week because the first read on a building, how a unit prices against its own past sales, is the part a search portal will not assemble for you.

Priced at the Median

1 listing came in within a few percent of the neighborhood median.

413 Grand Street #F1603, a 1-bedroom co-op, a short walk from the F train, asks $815,000. That is effectively the neighborhood's $850,000 1-bedroom co-op median. The last 1-bedroom to close in the building, #F103, sold for $769,000.

Below the Benchmark

5 arrivals priced below the neighborhood median.

477 Fdr Drive #M1002, a 1-bedroom co-op, asks $625,000. It is among the more affordable 1-bedroom co-ops to list this week. The last 1-bedroom to close in the building, #M1905, sold for $870,000.

385 Grand Street #L1101, a 2-bedroom, steps from the F train, is listed at $1,089,000. The ask comes in at the lower end of the 2-bedroom co-op range.

#2D, the most recent 2-bedroom to close here, went for $1,750,000. 50 CLINTON Street #3A, a 2-bedroom, a short walk from the F, J, M and Z trains, comes to market at $1,500,000. The number sits below the area median of $1,650,000 for 2-bedroom condos.

385 Grand Street #L207, a 1-bedroom with a fitness room, steps from the F train, asks $699,000. That runs below the neighborhood's $850,000 1-bedroom co-op median. The last 1-bedroom to close in the building, #L605, sold for $600,000.

154 ATTORNEY Street #603, a 841 sq ft 2-bedroom, a short walk from the F, J, M and Z trains, is listed at $1,195,000. The ask comes in at the lower end of the 2-bedroom condo range. In the same building, #303 last traded at $1,225,000.

Where Size and Light Set the Price

2 listings priced above the median, where square footage, floor, or exposure account for the number.

66 CLINTON Street #PHA, a 3-bedroom condo, a short walk from the F, J, M and Z trains, asks $4,990,000. At 2,195 square feet, it is one of the larger 3-bedroom layouts on the market this week.

196 ORCHARD Street #4N, a studio, steps from the F train, is listed at $950,000. The 613-square-foot floor plan runs generous for a studio condo. In the same building, #6M last traded at $950,000.

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