Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

568 Grand Street #J406-407
Interested in this property?
Pending For Sale Co-op

$1,750,000

$875 per sq ft

568 Grand Street #J406-407

Lower East Side, Manhattan

MLS® #RLS20052088

RLS at REBNY

Listing by LoHo Realty Inc

5

Bedrooms

2

Baths

2,000

Sq. Ft.

1955

Year Built

Quick Summary

Bedrooms 5
Bathrooms 2
Living Area 2,000 sq ft
Lot Size 298,550 sq ft
Year Built 1955
Ownership Co-op
Maintenance $3,290/mo
Neighborhood Lower East Side

Property Highlights

  • Exposure: North,West facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 10
Baths 2 Full
Exposure North,West
Pets CatsOk
Year Built 1955
Living Area 2,000 sq ft
Structure Type MultiFamily
Lot Size 298,550 sq ft
Block/Lot 321/1

Listing History

Event Date Price Change
Listed Oct 1, 2025 $1,795,000 -
Currently May 13, 2026 $1,750,000 -2.5%

Description

**All appointments - including Sunday Open Houses - are by appointment only. If you are working with another agent, that agent needs to reach out to make the appointment and is required to be present** **Spacious Luxury Apartment – Rare Opportunity!** This beautifully remodeled apartment offers the perfect balance of elegance, comfort, and functionality for modern family living. With over 2,000 square feet of thoughtfully designed space, this rare home provides room for everyone — and then some. This home was designed for families who value both style and practicality. From spacious common areas for entertaining to quiet corners for relaxation, every detail supports comfortable day-to-day living while maintaining a sense of sophistication. **Home Features** • Open Concept Living – A beautifully expanded, modern kitchen flows seamlessly into a stunning dining area, which opens into a spacious living room — perfect for entertaining and gatherings. o Custom floating built-in units in both the living and dining rooms for TV, display, and storage. o Kitchen featuring a Wolf double oven, Fisher & Paykel refrigerator, space for a counter-height wine cooler, under-cabinet microwave, warming drawer, and a dishwasher. o Elegant light fixtures in the kitchen and dining areas, with generous quartz Caesarstone countertops throughout. • Four Spacious Bedrooms – Perfect for guests, children, or setting up a home office. • Luxurious Primary Suite – Features a full en-suite bathroom complete with a relaxing jetted bathtub. • Flexible Bonus Room – Oversized pantry/mudroom that can easily be converted into a fifth bedroom, third bathroom or home office. • Two Fully Renovated Bathrooms – Thoughtfully designed with sleek modern finishes and family-friendly functionality. • Two Private Porches – Ideal for morning coffee, outdoor dining, or use as a peaceful home office space. o Upgraded with stylish tiling and a hanging hammock-style chair for added comfort. • Abundant Storage – Rare in New York City, the apartment offers exceptional closet space throughout: o Combined closets on both sides of the apartment to create an oversized front coat closet and a spacious linen closet. o Primary bedroom - closets were merged to form one expansive walk-in and a separate standard-sized closet. • Modern Upgrades Throughout – Includes brand new interior doors and thoughtfully chosen fixtures that enhance both style and functionality. This home was designed for anyone who value both style and practicality. From spacious common areas for entertaining to quiet corners for relaxation, every detail supports comfortable day-to-day living while maintaining a sense of sophistication. **Assessment: $288/month through April 2028** Co-op amenities (additional fees and wait lists may apply) include 24-hour attended lobbies, 2 large private parks, children’s playroom (plus access to neighboring Hillman co-op’s park and playroom), community room, and fully equipped fitness center. Short walk to the supermarket, 24-hour deli/convenience store, dry cleaners as well as neighborhood staples including Market, Doughnut Plant, Kossar’s, Trader Joes, Target & Regal Cinemas. Transportation: Bus: M14A, M14D, M21 & M22; Train: J, M, F, Z. Citibike stations nearby. Dogs not permitted. Gifting, guarantors, pied-a-terre, permitted. Subleasing after 2 years of ownership. Shareholder required continuing to pay base maintenance in addition to a sublet fee.

Features & Amenities

Interior Features

Building Main Level

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Stories 20
Structure MultiFamily

Financial Details

Maintenance $3,290/mo
Original Price $1,795,000
Previous Price $1,795,000

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

118

Median Asking Price

$1.28M

Median $/Sqft

$1,388

Avg Days on Market

N/A

New This Week

7

Price Reduced

29%

Sold (30 Days)

5

Median Sale Price

$1.14M

Live data from RLS at REBNY • Updated 5/13/26, 12:10 PM EST

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Location

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568 Grand Street #J406-407, Lower East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1955
Year Built
71 years old
20
Floors
839
Residential Units
R7-2
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $59,220,000
Land Value: $8,595,450
Exemptions: $1,092,922

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 298,550 SF
Building Area: 1,231,250 SF
Built FAR: 4.12
Allowed FAR: 3.44

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 $3,290 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 5 bedrooms and 2 full bathrooms.

The listed interior living area is 2,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1955, making it approximately 71 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 $1,750,000 for 2,000 sq ft, the asking price per square foot is approximately $875. 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: RLS20052088
First Listed: 10/1/2025
On Market: 10/1/2025
Price Changed: 3/5/2026
Pending Since: 4/30/2026
Contract Date: 9/9/2025

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 5/13/2026 at 4:10 PM UTC

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