Lower East Side recorded 5 closed sales in the last 30 days at a median close price of $990K. Active inventory stands at 126 listings with a median asking price of $1.20M ($1,435/sqft). Condos dominate at 51% of inventory. 30.2% price reductions among active listings. 7 new listings hit the market this week, while 54 properties are under contract. At current absorption rates, Lower East Side has approximately 25.2 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.
Lower East Side Market Report May 2026: $1.20M Median
Milton Coste
Live from REBNY/RLS
June 14, 2026
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
126
Active Listings
$1.20M
Median Asking
5
Sold (30 Days)
25.2
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 126 |
| Pending Sales | 54 |
| Median Asking Price | $1.20M |
| Median Price/Sqft | $1,435 |
| Avg Days on Market | N/A |
| New This Week | 7 |
| Price Reduced | 38 (30.2%) |
| Sold (Last 30 Days) | 5 |
| Sold (Last 90 Days) | 7 |
| Median Sale Price (90d) | $990K |
| Sale-to-List Ratio | 99.0% |
| Months of Supply | 25.2 (buyer's market) |
Property Mix
Condo 51% (64)
Co-op 46% (58)
Condop 0% (0)
Recent Transactions
|
475 Fdr Drive #L804, Apt L804 | $675,000 | 1 BR | May 27, 2026 |
|
266 E BROADWAY #B1406, Apt B1406 | $1,800,000 | 3 BR | Jun 9, 2026 |
|
383 GRAND Street #M2002, Apt M2002 | $990,000 | 1 BR | May 28, 2026 |
|
550 Grand Street #H4D, Apt H4D | $570,000 | 1 BR | May 19, 2026 |
|
264 E Broadway #C-405, Apt C-405 | $1,250,000 | 2 BR | May 18, 2026 |
Rental Market
3
Closed Rentals (30 Days)
$4,600/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| 2 BR | 3 | $4,600/mo | $4,500 - $8,100 |
Based on 3 transactions. Limited volume may result in atypical metrics.
Recent Transactions
|
105 NORFOLK Street #5B, Apt 5B | $8,100/mo | 2 BR | Jun 12, 2026 |
|
163 CHRYSTIE Street #2, Apt 2 | $4,600/mo | 2 BR | Jun 8, 2026 |
|
141 ATTORNEY Street #4D, Apt 4D | $4,500/mo | 2 BR | May 27, 2026 |
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Active Listings in Lower East Side
View All
$625,000
477 Fdr Drive #M1002
1 bed
1 bath
800 sqft
Co-op
$1,450,000
475 Fdr Drive #L301-7
4 beds
2 baths
1,800 sqft
Co-op
$735,000
550 Grand Street #J4B
2 beds
1 bath
1,000 sqft
Co-op
$825,000
473 Fdr Drive #K1304
2 beds
1 bath
1,000 sqft
Co-op
$685,000
266 E Broadway #B1905
1 bed
1 bath
725 sqft
Co-op
$815,000
477 Fdr Drive #206
2 beds
1 bath
1,000 sqft
Co-op
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.