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East River Coop, 473 FDR Drive, #M10345

$2,275,000 ($813 per ft2) | 6 beds, 3 baths | Approx. 2,800 ft2
Building Profile  | 
13 days on Market

Key Details

  • Listed: Nov 7, 2024
    Last Price Change: ($20,000) on Nov 8
    Days on Market: 13
    Building Type: Cooperative
    Neighborhood: Lower East Side (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $3,787 ($1.35/ft2)
Est. Monthly Mortgage: $12,072
Total Est. Monthly Carrying Cost: $15,859 ($5.66/ft2)
Note: the above is based on a down payment of 20% ($455,000), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Sunday, Nov 24
By appointment only.

Insider Highlights

  • Spacious Living: Approx. 2,800 sq. ft. of expansive living space with abundant natural light. Features 6 king-sized bedrooms and a bonus room for versatile use.
  • Private Outdoor Space: Enjoy two private balconies totaling 140 sq. ft. for outdoor relaxation. Perfect for entertaining or enjoying serene views.
  • Renovation Potential: Opportunity to combine with a neighboring unit for a custom dream home. Kitchen can be opened to create a loft-like feel.
  • Luxury Amenities: Full-service building with 24-hour attended lobby and fitness center. Access to landscaped grounds and community spaces.
  • Prime Location: Located in the vibrant Lower East Side, close to parks, shopping, and dining. Easy access to public transportation options.
  • Co-op Flexibility: Permits gifting, guarantors, and pied-a-terre arrangements. Subleasing allowed after two years of ownership.

Description

**All showings – including Sunday s – 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.** EXTREME VALUE! RARE opportunity to own a 6+ Bedroom / 3+ Bathroom apartment with TWO private balconies in Manhattan!

This is likely the LARGEST apartment that has ever been on the market in the Grand Street co-ops. Combine this breakthrough unit and it’s neighboring apartment to create you huge new dream home! At approx. 2,800 sq. ft. (with an additional 140 sq. ft. of outdoor space with its two balconies), this residence opens to an incredibly expansive space with an abundance of natural light.

The apartment features an expansive entry/foyer, large sun-drenched living room, with an equally proportioned formal dining room, separate eat-in kitchen, a family/sitting room, 6 king-sized bedrooms, 3 full baths, 14 deep closets, windows in EVERY ROOM (the apartment encompasses all four directional views), and (original) hardwood parquet flooring throughout. There is even a bonus room that can easily be converted to a seventh bedroom, a fourth full bath, a workspace, or even a private home gym! And for those with renovations in their future, the kitchen can be opened toward the living room & dining room to create an even more open and loft-like feel.

** Assessment: $432/month begins January 2025** 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. 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.

Short walk to the supermarket, 24-hour deli/convenience store, dry cleaners as well as neighborhood staples including Essex Market, Doughnut Plant, Kossars, Trader Joes, Target & Regal Cinemas. Transportation: Bus: M14A, M14D, M21 & M22; Train: J, M, F, Z. Citibike stations nearby.

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Listing courtesy of LoHo Realty Inc

Pricing History

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About East River Coop, 473 FDR Drive

70

East River Coop, 473 FDR Drive has received a CityRealty Rating of 70, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

24
Out of 44
+
26
Out of 36
+
12
Out of 39
+
8
=
70
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
More than 15 0 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Very Attractive 3 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points
  • Co-op
  • Built in 1955
  • 21 Floors

Building Amenities

  • Attended Lobby
  • FT Doorman
  • High-Rise
  • Post War
  • Full Service Garage
  • Garden
  • Elevator
  • Mail Room
  • On-Site Parking
  • Outdoor Entertainment Space
  • Courtyard
  • Laundry Room
  • Terraces / Balconies

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Pros
  • Fine views
  • Concierge
  • Luah landscaping
  • Close to the East River Park
  • Close to Williamsburg Bridge
  • Community rooms
  • Fitness center
Cons
  • Many apartments
  • No roof deck
  • No doorman
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