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387 Grand Street #K807
Coop in Lower East Side •  building info
2bd • 1ba • 1,001ft² $1,199 per ft²
Sold price

$1,200,000

Key Details
Days on market
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Last price change
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Estimated payment
$7,187/mo
Taxes
Included in maintenance fees
Maintenance
$1,276/mo
Description
Be the first to enjoy this newly renovated apartment featuring 2 bedrooms, 1 bathroom, a balcony, with sweeping views of the Lower East Side throughout. The oversized windowed eat-in kitchen has brand new stainless steel appliances, quartz countertops, and ample cabinet space with soft-close drawers. Both spacious bedrooms can fit king sized beds. The living room features new radiator covers and large windows that flood the room with natural light and provide sweeping vistas of the cityscape including the iconic Freedom Tower and 56 Leonard (aka the Jenga building). The apartment also has a large private balcony from which you can enjoy majestic sunsets. The monthly maintenance charge is only $1,276. Situated in the Seward Park Cooperative in the desirable Lower East Side of Manhattan where residents enjoy 24-hour attended lobby, a gym, indoor childrens playroom, two private outdoor playgrounds with water features, lawns for recreation, a community room (available for private parties), shared office space, an organic community garden, on-site valet indoor and outdoor parking (wait list), electric car charging stations, bicycle storage, personal storage (wait list), and 24-hour building and grounds maintenance services on-site, all spread across 13 acres of private green space. The coop is currently installing new elevators in all the residential buildings and plans to renovate the lobbies, beginning sometime in 2024, all of which will be accomplished without an assessment. Pets, subletting, gifting, co-purchasing, and guarantors are permitted with Board approval. A washer and dryer is permitted to be installed in the apartment (currently not installed). 387 Grand Street is conveniently located near the subway at Delancey/Essex St (F/M/J/Z) and East Broadway (F), north and south access to the FDR, and the M15 and M14A Select Bus Service. The property is situated for easy vehicle access to Brooklyn via the Brooklyn, Manhattan, and Williamsburg Bridges. The Lower East Side has a trendy and relaxed vibe and continues to evolve into one of the most eclectic neighborhoods in NYC. It offers a fun mix of classic establishments and a thriving art, restaurant, and nightlife scene that is often written about on Eater, Thrillist, The Infatuation, and Time Out New York. The neighborhood is home to Essex Crossing, a new commercial development located one block north of the coop, in which there is a Regal Cinema multiplex, bowling alley, indoor European style food halls, and specialty food vendors. Also in the neighborhood are The International Center of Photography, the largest Trader Joes on the Eastern Seaboard, Target, and an NYU-Langone medical facility.

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Important Stuff
Washer/Dryer in unit
Elevator
Full Time Doorman
Cats and Dogs allowed
Policies
Smoke-free
Gifts Allowed
Sublets Allowed
Gaurantor Permitted
Co-purchase Allowed
Parents Buying Allowed
Pied-a-Terre Allowed
Unit features
Dishwasher
Private outdoor space

Balcony, Terrace

View

City, Skyline

Building amenities
Services and facilities
Bike Room
Community Recreation Facility
Fios Available
Laundry in Building
Live In Super
Package Room
Parking

Garage, Valet

Storage

Locker/Cage

Wheelchair Access
Wellness and recreation
Children's Playroom
Gym
Shared outdoor space
Courtyard
Garden
Patio
Building info

History
What it'll cost
Purchase price
$1,200,000
Asking Price: $1,200,000
Term
30 Years
Down Payment
$240,000 (20%)
Min: 20% (240,000)
Rate
6.25 %
Mortgage Amount
$960,000
Mortgage Payment
$5,911
Maintenance
$1,276
Estimated closing cost
$19,000
Total monthly cost $7,187
Listing Courtesy of Compass

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