Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
387 Grand Street #K1107
3D Tour
Interested in this property?
Active For Sale Co-op

$1,200,000

$1,200 per sq ft

387 Grand Street #K1107

Lower East Side, Manhattan

MLS® #RLS20098693

RLS at REBNY

Listing by LoHo Realty Inc

Open House Scheduled

Sunday, June 21 • 1:15 PM – 2:15 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

2

Bedrooms

1

Bath

1,000

Sq. Ft.

1960

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 1,000 sq ft
Lot Size 293,600 sq ft
Year Built 1960
Ownership Co-op
Maintenance $1,675/mo
Neighborhood Lower East Side

Property Highlights

  • Exposure: North,West facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 1 Full
Exposure North,West
Pets Yes
Year Built 1960
Living Area 1,000 sq ft
Structure Type MultiFamily
Lot Size 293,600 sq ft
Block/Lot 311/13

Listing History

Event Date Price Change
Listed Jun 18, 2026 $1,200,000 -
Currently Jun 18, 2026 $1,200,000 -

Description

**High Floor, Outer-Corner Two-Bedroom with Skyline Views & Private Balcony** Welcome to this beautifully renovated two-bedroom residence showcasing open views of the Freedom Tower and the downtown skyline. An inviting entry foyer welcomes you into the home and offers ample space for a formal dining area. From there, the open layout flows seamlessly into the windowed kitchen and expansive living room. The living area is flooded with natural light from walls of windows spanning two exposures, including a glass door that opens directly onto your private balcony—an ideal setting to enjoy the skyline views. Open to the living room, the windowed kitchen enhances the home's airy feel and sense of connection. Thoughtfully renovated, it features a custom breakfast bar, abundant cabinetry, updated countertops and backsplash, and stainless-steel appliances, including a dishwasher and mounted microwave. A convenient pass-through window also provides direct access to the balcony. The windowed bathroom has been tastefully updated with floor-to-ceiling tile, a deep soaking tub, a mirrored medicine cabinet, and a modern vanity. Two generously proportioned king-size bedrooms, each with room for dressers, nightstands, and additional furnishings, complete the home. Additional highlights include: • 8'2" ceilings • Original parquet floors • New moldings • Five oversized closets • Updated electrical panel The co-op offers an exceptional array of amenities (additional fees and waitlists may apply), including two private parks with playgrounds and a water play area, a fully equipped fitness center, an indoor children’s playroom, and a 24/7 attended lobby. Residents also enjoy a modern, around-the-clock laundry room, on-site maintenance, a community garden with composting, bike storage, shared workspaces, and a community room outfitted with a contemporary kitchen—perfect for hosting events. The location couldn’t be more convenient: just a short stroll to Trader Joe’s, Target, Regal Cinemas, the newly opened Essex Market, and the vibrant neighborhoods of Chinatown and Little Italy, along with numerous cultural attractions. Subletting is permitted after two years of ownership, with shareholders responsible for base maintenance plus a sublet fee. Dogs are welcome with registration and approval. In-unit washers and dryers are allowed pending co-op approval.

Features & Amenities

Interior Features

Building Main Level

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 893
Stories 21
Structure MultiFamily

Financial Details

Maintenance $1,675/mo

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

129

Median Asking Price

$1.20M

Median $/Sqft

$1,468

Avg Days on Market

N/A

New This Week

10

Price Reduced

28%

Sold (30 Days)

5

Median Sale Price

$990K

Live data from RLS at REBNY • Updated 6/18/26, 6:07 PM EST

Similar Listings in Lower East Side

View All

Location

Loading map...

387 Grand Street #K1107, Lower East Side, New York County

Virtual Tour

View Virtual Tour

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 $1,675 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 2 bedrooms and 1 full bathroom.

The listed interior living area is 1,000 square feet. Verify dimensions independently during due diligence.

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 permitted at this property: Call Listing Agent,Building Pets Allowed Comments:Call Listing Agent. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,200,000 for 1,000 sq ft, the asking price per square foot is approximately $1,200. This figure is for reference only and may differ from appraised or assessed values.

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: RLS20098693
First Listed: 6/18/2026
On Market: 6/18/2026
Price Changed: 6/18/2026
Contract Date: 6/2/2026

Listing Courtesy of LoHo Realty Inc - Jacob J Goldman

Listing Contact: (212) 388-1115

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 6/18/2026 at 10:07 PM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

NYC Flip Tax Guide for Sellers

What co-op flip taxes are, how they're calculated, and who pays.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email