Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Closed For Sale Co-op

$805,000

$805 per sq ft

475 FDR Drive #L1702

Lower East Side, Manhattan

EAST RIVER HOUSING

MLS® #RLS10827393

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

1

Bath

1,000

Sq. Ft.

1955

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 1,000 sq ft
Year Built 1955
Ownership Co-op
Maintenance $1,325/mo
Neighborhood Lower East Side
Floor 17 of 21

Property Highlights

  • Exposure: South,West facing
  • Outdoor Space: Balcony

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 17 of 21
Exposure South,West
Pets Yes
Cross Street FDR DRIVE EXIT 4 SOUTHBOUND and DELANCEY STREET PE
Year Built 1955
Living Area 1,000 sq ft
Parcel # 0321-0001-00475-000-00L1702

Description

BOARD APPROVED!

Placed on a high floor, with views of downtown Manhattan, including One World Trade Center, The Woolworth Building, plus the East River, L-1702 offers a Two-Bedroom/One-Bath home bathed in light, where you can enjoy all from your private balcony.

A large (Large!) walk-in closet is the highlight of the entrance. Customized with shelves, cabinets, hanging hardware, and lighting, there's a place for everything. Opposite the entrance is the renovated Kitchen, updated with a suite of Frigidaire Stainless Steel appliances (oven, dishwasher, and microwave). The kitchen wall has been opened up, creating a light, airy space, perfect for casual dining at the lovely breakfast bar/counter, finished with polished black stone countertops. There's a Dining Alcove alongside the Kitchen, too, that accommodates a dining table and chairs for those who prefer to gather round the table.

The Living Room is a comfortable 16' x 13', and the picture window, and balcony's see-through glass door, assure you will remain in light.

The generously sized Main Bedroom, at approximately 15' x 11', has an oversized closet, plus a built-in wall-unit, for an abundance of storage. You'll enjoy those downtown views from the main bedroom, too. The Second Bedroom is a nicely proportioned 13' x 10', with two windows, and a good sized closet as well. In the hallway leading to the vintage bath, tiled in a classic black & white motif, and updated with a new vanity and medicine cabinet, you will find yet another large closet just outside. Deep, with shelving installed, this closet can hold...a lot!

We have eight-foot ceilings, refinished original solid oak parquet floors, crown, rail, and baseboard moldings, and we're newly painted, too.

East River Housing Corporation's amenities include an upgraded 24-hour laundry room, with all-new machines and finishes, a playroom, as well as our recently reopened ground floor gym. There's a bicycle room, parking lot, and storage rooms, all fee-based and each subject to a waitlist.

At a time when outdoor space is coveted, residents may enjoy private parks between buildings where there are lawns, plantings, benches, and playgrounds. Our lobby is staffed full-time, and nearby transportation choices are many - The M14A, M22, and M21 busses are right outside our doors, and not one, but two Citibike stations are close by, as is the New York City Ferry just around the corner at Corlears Hook Park. Nearby subways include the J, M, Z, and F trains at the Delancey/Essex Street stations next to the Essex Market, where you will find The Market Line down below, and the Regal Essex Crossing Movie Theater up above. All are open for business, along with a new Trader Joe's and Target store conveniently located nearby.

Features & Amenities

Exterior Features

Balcony Balcony

Building Information

Building EAST RIVER HOUSING
Total Units 400
Stories 21

Financial Details

Maintenance $1,325/mo
Original Price $925,000
Sale Price $805,000
Previous Price $839,000

The Lower East Side (LES) is a neighborhood where New York’s gritty history meets its high-end future. Known for its legendary nightlife and deep immigrant 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

105

Median Asking Price

$1.20M

Median $/Sqft

$1,333

Avg Days on Market

N/A

New This Week

1

Price Reduced

39%

Sold (30 Days)

7

Median Sale Price

$999K

Live data from RLS at REBNY • Updated 3/7/26, 6:33 PM EST

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Location

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475 FDR Drive #L1702, Lower East Side, New York County • Near FDR DRIVE EXIT 4 SOUTHBOUND and DELANCEY STREET PE

Virtual Tour

MLS® ID: RLS10827393
First Listed: 10/1/2021
Price Changed: 2/16/2023
Closed: 2/16/2023
Contract Date: 7/31/2022

Listing Courtesy of Douglas Elliman Real Estate - Mark Lynch

Listing Contact: (917) 363-5776

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.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/7/2026 at 11:33 PM UTC

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