Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
385 Grand Street #601L

For Sale · Listing by Leven Real Estate

385 Grand Street #601L

Lower East Side, Manhattan

$1,399,000

Interested in this property?
Active For Sale • Co-op

$1,399,000

385 Grand Street #601L

Lower East Side, Manhattan

SEWARD PARK HOUSES

MLS® #RLS20118432

RLS at REBNY

Listing by Leven Real Estate

Open Houses Scheduled

Saturday, October 3 • 12:00 PM – 2:00 PM

Sunday, October 4 • 12:00 PM – 1:00 PM

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

3
Bedrooms
2
Baths
N/A
Sq. Ft.
1960
Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Year Built 1960
Ownership Co-op
Maintenance $1,432/mo
Parking Garage
Neighborhood Lower East Side

Property Highlights

  • Exposure: East,North,West facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Exposure East,North,West
Heating Other
Pets Yes
Cross Street ESSEX AND CLINTON STREETS
Year Built 1960
Parking Garage Available
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00311/0013

Listing History

Event Date Price Change
Listed Sep 30, 2026 $1,399,000 -
Currently Oct 1, 2026 $1,399,000 -

Description

HIGH-FLOOR CORNER 3-BEDROOM, 2-BATH WITH LOW MAINTENANCE & IN-UNIT W/D ALLOWED Welcome to Apartment L601 at 385 Grand Streeta beautifully renovated, turn-key corner 3-bedroom, 2-bath residence in the highly sought-after Seward Park Co-op. Perched on a high floor, this sun-drenched home offers dual southeastern and northwestern exposures with serene tree-line views, open-concept living, and complete infrastructure upgrades behind the walls. LIVING SPACE & CHEF'S KITCHEN Designed for both effortless entertaining and quiet relaxation, the expansive great room features wide-plank wood flooring, custom radiator enclosures, and five wrap-around windows streaming radiant natural light. The dining area comfortably accommodates seating for 10+, flowing seamlessly into a sleek, upgraded windowed kitchen. Kitchen Highlights: European-style white gloss cabinetry with undermount LED lighting Premium quartz countertops & marble mosaic subway backsplash Custom breakfast bar with seating High-end stainless steel appliance suite (5-burner gas range & integrated dishwasher) Commercial-grade wired Cat6 network integration for smart home devices BEDROOMS & SPA-CALIBER BATHS Tucked down a private residential hallway, all three spacious bedrooms feature expanded floor-to-ceiling closets and serene light. Primary Suite: Sunlit northwest exposure, king-sized footprint, and a windowed en-suite spa bath featuring a double vanity, powered recessed medicine cabinets, and radiant heated floors. Secondary Bedrooms: Bright northeast exposures, flexible for guest rooms, nursery, or dedicated home offices. Luxury Baths: Outfitted with Kohler deep soaking tubs and fixtures, European vanities, Calacatta Gold wall tiling, and slate-style radiant heated floors. INFRASTRUCTURE & THOUGHTFUL DETAILS Completely modernized behind the walls with all-new plumbing, a new dedicated electrical panel, modern recessed lighting with mood controls, full-height solid core doors, and high-end fixtures throughout. *Washer/Dryer installation permitted with Board approval.* BUILDING AMENITIES & LOW MONTHLY MAINTENANCE Seward Park Co-op is renowned for its financial strength, low maintenance costs, and full-service lifestyle amenities: 24-hour lobby attendant & security, on-site management, and full maintenance staff Fully equipped fitness center / gym Two private gated parks, outdoor playground, and BBQ/dining areas Community room, soft playroom, and central laundry facilities Covered and outdoor parking (waitlist/subject to availability) LOCATION Situated in the heart of the Lower East Side, you are steps from Essex Crossing (Trader Joe's, Target, Regal Cinemas, and the historic Essex Market). Enjoy world-class dining, cafes, and galleries along Ludlow, Orchard, and Broome Streets. SoHo, Nolita, Little Italy, FiDi, and the East Village are all within walking distance. Transit Access: F, J, M, and Z trains just 1.5 blocks away at Delancey St / Essex St.

Features & Amenities

Interior Features

Eat In Kitchen High Ceilings Building Inside Common Area None Flooring: Hardwood

Building Amenities

Elevators Health Club

Appliances

Dishwasher Microwave Stainless Steel Appliances

Building Information

Financial Details

Maintenance $1,432/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

119

Median Asking Price

$1.11M

Median $/Sqft

$1,382

Avg Days on Market

N/A

New This Week

7

Price Reduced

29%

Sold (30 Days)

12

Median Sale Price

$1.19M

Live data from RLS at REBNY • Updated 9/30/26, 11:30 PM EST

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Location

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385 Grand Street #601L, Lower East Side, New York County • Near ESSEX AND CLINTON STREETS

Floor Plans

Floor Plan 1

Floor Plan

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: $2,148,933

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 $1,432 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 3 bedrooms and 2 full bathrooms.

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. Contact Milton Coste for weight limits or breed restrictions.

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: RLS20118432
First Listed: 9/30/2026
On Market: 9/30/2026
Price Changed: 9/30/2026
Contract Date: 9/14/2026

Listing Courtesy of Leven Real Estate - Caglar Acar

Listing Contact: (347) 570-5316

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 10/1/2026 at 3:30 AM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Lower East Side Market Update

12 sales last 30 days · $1.11M median · 9.9 months supply

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New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood Lower East Side Borough Manhattan
County New York
Year Built 1960
First Listed 9/30/2026
Parking Garage
Maintenance $1,432/mo

Monthly Costs Estimate

Down Payment 20%

$279,800

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,432
Total Monthly $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

$13,990

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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