Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Lower East Side real estate

Lower East Side Market Update: March 2026

Milton Coste Live from REBNY/RLS March 24, 2026
Milton Coste

Milton Coste

Licensed Associate Broker at Keller Williams NYC

NY License #10401274378 | (917) 416-7433

Lower East Side recorded 9 closed sales in the last 30 days at a median close price of $1.08M. Active inventory stands at 106 listings with a median asking price of $1.15M ($1,246/sqft). Co-ops dominate at 56% of inventory. 36.8% price reductions among active listings. 5 new listings hit the market this week, while 41 properties are under contract. At current absorption rates, Lower East Side has approximately 11.8 months of supply, making it a buyer's market. As a Lower East Side specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Lower East Side, call me at (917) 416-7433 for a personalized market analysis.

106

Active Listings

$1.15M

Median Asking

9

Sold (30 Days)

11.8

Months of Supply

Price Trends

Inventory Breakdown

Metric Value
Active Listings 106
Pending Sales 41
Median Asking Price $1.15M
Median Price/Sqft $1,246
Avg Days on Market N/A
New This Week 5
Price Reduced 39 (36.8%)
Sold (Last 30 Days) 9
Sold (Last 90 Days) 26
Median Sale Price (90d) $1.08M
Sale-to-List Ratio 99.6%
Months of Supply 11.8 (buyer's market)

Property Mix

Condo 42% (44) Co-op 56% (59) Condop 0% (0)

Recent Transactions

38 Delancey Street #Unit 12C 38 Delancey Street #Unit 12C, Apt Unit 12C $1,120,000 1 BR Mar 4, 2026
115 Norfolk Street #34 115 Norfolk Street #34, Apt 34 $1,450,000 2 BR Mar 23, 2026
242 BROOME Street #7C 242 BROOME Street #7C, Apt 7C $2,180,000 2 BR Mar 19, 2026
199 Bowery #7F 199 Bowery #7F, Apt 7F $935,000 1 BR Mar 11, 2026
417 GRAND Street #D504 417 GRAND Street #D504, Apt D504 $1,400,000 2 BR Mar 19, 2026
504 Grand Street #E52 504 Grand Street #E52, Apt E52 $575,000 1 BR Mar 4, 2026
577 GRAND Street #F1407 577 GRAND Street #F1407, Apt F1407 $890,000 2 BR Mar 4, 2026
212 E Broadway #G1205 212 E Broadway #G1205, Apt G1205 $980,000 2 BR Mar 2, 2026
383 Grand Street #M705 383 Grand Street #M705, Apt M705 $950,000 2 BR Feb 26, 2026

Rental Market

1

Closed Rentals (30 Days)

$5,495/mo

Median Rent

Type Count Median Rent Range
2 BR Limited data Limited data Limited data

Based on 1 transaction. Limited volume may result in atypical metrics.

Recent Transactions

45 Beekman Street #4S 45 Beekman Street #4S, Apt 4S $5,495/mo 2 BR Feb 23, 2026

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RLS at REBNY Data provided by the RLS at REBNY

This 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.

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