Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
385 Grand Street #L1606

For Sale · Listing by LoHo Realty Inc

385 Grand Street #L1606

Lower East Side, Manhattan

$1,425,000

Interested in this property?
Active For Sale Co-op

$1,425,000

$1,140 per sq ft

385 Grand Street #L1606

Lower East Side, Manhattan

MLS® #RLS20105809

RLS at REBNY

Listing by LoHo Realty Inc

3
Bedrooms
1.5
Baths
1,250
Sq. Ft.
1960
Year Built

Quick Summary

Bedrooms 3
Bathrooms 2 full, 1 half
Living Area 1,250 sq ft
Lot Size 293,600 sq ft
Year Built 1960
Ownership Co-op
Maintenance $1,923/mo
Neighborhood Lower East Side

Property Highlights

  • Exposure: East,West facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 1 Full, 1 Half
Exposure East,West
Pets Yes, DogsOk
Year Built 1960
Living Area 1,250 sq ft
Structure Type MultiFamily
Lot Size 293,600 sq ft
Block/Lot 311/13

Listing History

Event Date Price Change
Listed Jul 27, 2026 $1,425,000 -
Currently Jul 27, 2026 $1,425,000 -

Description

**Photos Coming Soon!** **High-Floor, Spacious 3-Bedroom with Stunning Downtown Western Skyline Views** This true 3-bedroom, 1.5-bath apartment in the desirable Seward Park co-ops has great bones, endless potential and is ready for your personal vision! Spanning approximately 1,250 sq. ft., the flexible layout offers multiple reconfiguration options—including the potential to open the wall between the expansive living room, generous dining area, and windowed eat-in kitchen for a more modern, open-concept feel. The king-sized primary bedroom features a windowed half-bath en suite, which can easily be converted to a full bathroom with a shower stall. Two additional well-sized bedrooms provide plenty of space for guests, family, or a home office. The full bathroom includes a deep soaking tub. Additional highlights throughout: • 8’2” ceilings • Original parquet floors • Seven closets (including three walk-ins) • Dual exposures (East and West) for excellent natural light and cross-ventilation Bring your architect or designer—this is your chance to create the home you've always wanted. Be sure to check out the alternate floor plan for inspiration! 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 $1,923/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

$1.15M

Median $/Sqft

$1,333

Avg Days on Market

N/A

New This Week

9

Price Reduced

27%

Sold (30 Days)

13

Median Sale Price

$850K

Live data from RLS at REBNY • Updated 7/27/26, 5:33 PM EST

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Location

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385 Grand Street #L1606, Lower East Side, New York County

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 $1,923 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 1 full bathroom and 1 half bathroom.

The listed interior living area is 1,250 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $1,425,000 for 1,250 sq ft, the asking price per square foot is approximately $1,140. 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: RLS20105809
First Listed: 7/27/2026
On Market: 7/27/2026
Price Changed: 7/27/2026
Contract Date: 7/20/2026

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 7/27/2026 at 9:33 PM UTC

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Lower East Side Market Update

13 sales last 30 days · $1.15M median · 9.9 months supply

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Quick Facts

Status Active Type Co-op Neighborhood Lower East Side Borough Manhattan
County New York
Year Built 1960
First Listed 7/27/2026
Living Area 1,250 sqft
Maintenance $1,923/mo

Monthly Costs Estimate

Down Payment 20%

$285,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,923
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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