For Sale · Listing by Compass
387 Grand Street #K1405
Lower East Side, Manhattan
$1,150,000
387 Grand Street #K1405
MLS® #RLS20105803
Listing by Compass
- 2
- Bedrooms
- 1
- Bath
- N/A
- Sq. Ft.
- 1960
- Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: East,West facing
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jul 27, 2026 | $1,150,000 | - |
| Currently | Oct 27, 2026 | $1,150,000 | - |
Description
Welcome home to this high-floor two-bedroom, one-bathroom residence with desirable southwest exposures. Sunlight pours into the expansive living room throughout the day, enhancing the sense of space and creating a warm, inviting atmosphere that carries throughout the home. The layout is both functional and comfortable, offering distinct living and dining areas that are well-suited for everyday living as well as entertaining. The apartment has been thoughtfully updated with new flooring and a renovated, windowed eat-in kitchen featuring clean, modern cabinetry, ample counter space, and updated appliances. The bathroom has been refreshed with contemporary finishes, providing a clean and polished look. Both bedrooms are well-proportioned and easily accommodate a variety of furniture configurations, offering flexibility for sleeping, working, or additional storage needs. Generous closet space throughout the apartment ensures excellent storage and organization. Seward Park Co-op offers a full suite of amenities designed for convenience and lifestyle, including a fitness center, two private gated parks, a children’s playroom, a community room, laundry facilities, and attentive on-site management and maintenance. The co-op is pet-friendly, and dogs are permitted with registration. Ideally situated at the crossroads of the Lower East Side and Essex Crossing, the location offers immediate access to everyday essentials and neighborhood conveniences, including Trader Joe’s, Target, Lidl, Regal Cinemas, and Essex Market. A wide array of restaurants, cafes, and galleries are just moments away, reflecting the vibrancy of the surrounding neighborhood. Transportation is readily accessible, with the F train at East Broadway, the F/J/M/Z lines at Delancey–Essex, and the M14A SBS bus nearby, providing seamless connectivity across the city.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Lower East Side
View All Lower East Side ListingsThe 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 NeighborhoodActive Listings
112
Median Asking Price
$1.02M
Median $/Sqft
$1,477
Avg Days on Market
N/A
New This Week
2
Price Reduced
35%
Sold (30 Days)
12
Median Sale Price
$1.29M
Live data from RLS at REBNY • Updated 10/27/26, 12:02 PM EST
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Location
387 Grand Street #K1405, Lower East Side, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $1,568 per month. Confirm the exact amount with Milton Coste 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.
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.
Pet policy requires confirmation with Milton Coste.
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) 416-7433Listing Courtesy of Compass - Rachel Yohai
Listing Contact: (917) 406-4349
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.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 10/27/2026 at 4:02 PM UTC
See it in person
Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 387 Grand Street #K1405
At $1,150,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
Your info is secure and never shared.
You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
Lower East Side Market Update
12 sales last 30 days · $1.02M median · 9.3 months supply
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Quick Facts
Monthly Costs Estimate
$230,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$11,500
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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