Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $686,000

Listed at $678,000 · Sold 1.2% above asking · Closed August 14, 2017

387 Grand Street #K1601
Closed For Sale Co-op

$678,000

387 Grand Street #K1601

Lower East Side, Manhattan

Seward Park

MLS® #RLS10098232

RLS at REBNY

Listing by Elliman

1

Bedroom

1

Bath

N/A

Sq. Ft.

1960

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1960
Ownership Co-op
Maintenance $701/mo
Neighborhood Lower East Side
Floor 16 of 20

Property Highlights

  • Location: Lower East Side, Manhattan
  • Property Type: Co-op
  • Built: 1960

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths null Full
Floor 16 of 20
Pets Yes
Cross Street Essex & Clinton Streets
Year Built 1960
Parcel # 0311-0013-00387-000-00K1601

Listing History

Event Date Price Change
Listed May 7, 2017 $678,000 -
Currently May 14, 2026 $678,000 -

Description

One Bedroom co-op on high floor on the Lower East Side. Renovate to your taste! Original Parquet floors, excellent closet space and large windowed eat in kitchen. The bedroom is a corner overlooking Uptown and the Lower East Side. Low monthly maintenance of $ 701/month plus assessment of $ 44 until July 2019. Minimum 20% downpayment. Pet Friendly!

Building Information

Financial Details

Maintenance $701/mo
Sale Price $686,000

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

115

Median Asking Price

$1.27M

Median $/Sqft

$1,382

Avg Days on Market

N/A

New This Week

6

Price Reduced

30%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/14/26, 7:41 PM EST

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Location

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387 Grand Street #K1601, Lower East Side, New York County • Near Essex & Clinton Streets

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 $701 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

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 not permitted at this property per the current listing information. Confirm with the listing broker directly.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. 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: RLS10098232
First Listed: 5/7/2017
Closed: 8/14/2017
Contract Date: 5/1/2017

Listing Courtesy of Elliman - Susanne C. Gutermuth

Listing Contact: (917) 225-5196

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 5/14/2026 at 11:41 PM UTC

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