---
title: "385 Grand Street #L1101, New York City, NY 10002"
description: "385 Grand Street #L1101, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $1,029,000. 2 bed, 1 bath Illustrative Buyer Commission Share of $15,435 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/385-grand-street-l1101-L1101-ny-10002"
source: "Real Estate Rebate Team"
dateModified: "2026-09-07T15:27:48.017Z"
status: "Active"
---

# 385 Grand Street #L1101, New York City, NY 10002

Lower East Side, New York City, NY

Courtesy of Hauseit LLC

Last updated: September 7, 2026, 11:27 AM

## At a Glance

- **Listing Price**: $1,029,000
- **Beds**: 2
- **Baths**: 1
- **Common Charges**: $1,506 / mo
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $1,029,000
- **Illustrative Buyer Commission Share**: -$15,435*
- **Illustrative Net Cost**: $1,013,565

*Illustrative Buyer Savings of $15,435 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![385 Grand Street #L1101, New York City, NY 10002 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b5eb0d0c-7dec-4cd3-b26c-ad8029fed819.jpg)
![385 Grand Street #L1101, New York City, NY 10002 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c1d052b8-afaf-41ac-9c6b-f575f083504a.jpg)
![385 Grand Street #L1101, New York City, NY 10002 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d50725b9-4509-4916-b6dc-0b363f2a4c6e.jpg)
![385 Grand Street #L1101, New York City, NY 10002 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2448b639-c50e-4475-bff1-cf971062cd27.jpg)
![385 Grand Street #L1101, New York City, NY 10002 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9d42de6d-a63e-442d-8b6c-8577270b7d46.jpg)
![385 Grand Street #L1101, New York City, NY 10002 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b3407700-910f-4b20-8725-15aa72f47c3e.jpg)
![385 Grand Street #L1101, New York City, NY 10002 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fb50a7a0-2bfe-4852-a799-38e5b4952cb2.jpg)
![385 Grand Street #L1101, New York City, NY 10002 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/175b0a96-8677-4179-ae8a-97fffd2bf1be.jpg)
![385 Grand Street #L1101, New York City, NY 10002 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b152c075-501b-435d-9008-4f30476f849e.jpg)
![385 Grand Street #L1101, New York City, NY 10002 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/48c7c294-ff97-47fd-a70a-605fa6924472.jpg)

## Property Overview

Rising above the Lower East Side on the 11th floor, Apt L1101 welcomes you with open?sky views and natural light streaming in from every room. The home opens into a warm, organized space featuring a walk?in closet and a custom walnut shoe cabinet that keeps daily life running smoothly. Bamboo flooring and windows throughout create a bright, breathable atmosphere, while both bedrooms offer comfortable proportions and upgraded closet shelving for practical, everyday comfort.

The living room stands out for its steady natural light and windows that look out over the neighborhood, giving the space an open, uplifting feel. The kitchen is clean and modern, with frosted glass cabinetry, a metallic mosaic backsplash, and appliances in great condition, including a Bosch refrigerator, GE dishwasher, and Samsung range. The bathroom benefits from a window for natural light and ventilation, along with a new elongated toilet and updated plumbing. All modern lighting fixtures will remain with the property.

Daily convenience is exceptional: Target and Trader Joes are directly across the street, and Essex Crossing is just steps away with Essex Market, The Market Line, Regal Cinema, and a wide mix of cafs and restaurants. The neighborhoods energy adds a lively rhythm to everyday routines.

Seward Park Co?op offers a well?rounded mix of amenities including a full?time doorman, on?site management, a gym, two private gated parks, a childrens playroom, and in?building laundry. With close access to the F, J, M, and Z trains, Apt L1101 combines bright, elevated living with one of the most convenient and vibrant pockets of the Lower East Side.

## Property Details

- **Property Type**: Co-op
- **Beds**: 2
- **Baths**: 1
- **Rooms**: 5
- **Stories**: 21
- **Year Built**: 1960
- **Common Charges**: $1,506 / Monthly
- **Listed On**: Jun 16, 2026
- **Days on Market**: 85 Days

### Residence Features

- Building Inside
- Common Area
- Building Courtyard
- Courtyard
- Private Outdoor Space Under 60 Sqft
- Eat-in Kitchen
- Dishwasher
- Hardwood
- City

## Sales Evidence

### Recent closed sales

18 apartments at SEWARD PARK HOUSES have recorded sales since September 2021, the most recent for $785,000 in December 2025. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| L1807 (Apartment) | 1 | — | $785,000 | — | December 22, 2025 | City record · MLS |
| L106 (Apartment) | 3 | 1,250 | $1,470,000 | $1,176/ft² | December 16, 2025 | City record · MLS |
| L502 (Apartment) | Studio | 500 | $488,000 | $976/ft² | October 29, 2025 | City record · MLS |
| L301 (Apartment) | 3 | — | $1,450,000 | — | May 28, 2025 | City record · MLS |
| L605 (Apartment) | 1 | 725 | $600,000 | $828/ft² | March 7, 2025 | City record · MLS |
| L203/L204 (Apartment) | 4 | — | $1,390,000 | — | January 23, 2025 | City record · MLS |
| L1502 (Apartment) | 1 | — | $560,000 | — | November 22, 2024 | City record · MLS |
| L-101 (Apartment) | — | — | $359,964 | — | October 7, 2024 | City record |
| L2007 (Apartment) | — | — | $860,000 | — | July 15, 2024 | City record |
| L307 (Apartment) | — | — | $780,000 | — | February 9, 2024 | City record |
| L902 (Apartment) | Studio | 500 | $460,000 | $920/ft² | January 4, 2024 | City record · MLS |
| L302 (Apartment) | Studio | — | $515,000 | — | December 19, 2023 | City record · MLS |
| L1507 (Apartment) | — | — | $800,000 | — | August 17, 2023 | City record |
| L1603 (Apartment) | 1 | 700 | $803,000 | $1,147/ft² | December 14, 2022 | City record |
| L1801 (Apartment) | 3 | 1,700 | $1,860,000 | $1,094/ft² | April 14, 2022 | City record · MLS |
| L1106 (Apartment) | 3 | — | $1,630,000 | — | November 19, 2021 | City record · MLS |
| L404 (Apartment) | 1 | 750 | $675,000 | $900/ft² | November 18, 2021 | City record · MLS |
| L1506 (Apartment) | 3 | — | $1,395,000 | — | October 12, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable co-op two-bedroom sales in Lower East Side is $832,500, based on 40 sales between September 2024 and June 2026. This home is asking $1,029,000, $196,500 above that median. The middle half of those sales closed between $800,000 and $999,000.

- **Median closed price**: $832,500
- **Middle half**: $800,000 – $999,000
- **Based on**: 40 co-op two-bedroom sales in Lower East Side
- **Period**: September 2024 – June 2026
- **Median $/ft²**: $800/ft²

Across the 37 of these sales with a published asking price, the median closed at 98.8% of what it originally asked. 57% of them closed below the original ask.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Lower East Side instead.

### How these sales were negotiated

- **Sold vs original ask**: 98.8% of the original ask
- **Closed below ask**: 57% of 37 sales
- **Listed → in contract**: 106 days (about 15 weeks)
- **In contract → closed**: 106 days (about 15 weeks)

Across the 37 of these sales with a published asking price, the median closed at 98.8% of what it originally asked. 57% of them closed below the original ask.

Half of these homes were in contract within 106 days (about 15 weeks) of coming to market, based on the 37 with a recorded listing date.

Once a deal was agreed, closing took a further 106 days (about 15 weeks), based on the 36 with both dates recorded. A co-op board package and its interview account for much of that.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 40 co-op two-bedroom sales in Lower East Side, September 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for co-op two-bedroom sales in Lower East Side, 2017 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $848,500 | 18 |
| 2018 | $865,000 | 18 |
| 2019 | $845,000 | 25 |
| 2020 | $950,000 | 15 |
| 2021 | $842,500 | 36 |
| 2022 | $840,000 | 35 |
| 2023 | $835,000 | 25 |
| 2024 | $844,500 | 18 |
| 2025 | $815,000 | 27 |
| 2026 | $950,000 | 11 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Lower East Side instead.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at SEWARD PARK HOUSES](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/seward-park-houses)

## Price and Property History for 385 Grand Street, Unit L1101

Review the recorded listing activity for 385 Grand Street, Unit L1101, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $30,000, or 2.8%, on July 28, 2026
- **Originally listed**: June 12, 2026 at $1,089,000
- **Current asking price**: $1,029,000

| Date | Price | Listing event |
| --- | --- | --- |
| July 28, 2026 | $1,029,000 | Asking price reduced by $30,000, or 2.8% |
| June 12, 2026 | $1,089,000 | Listed for sale by Hauseit LLC |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 866 apartments. The corporation’s 2026 property tax bill was $8,713,957 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for SEWARD PARK HOUSES](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/seward-park-houses)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### SEWARD PARK HOUSES

385 Grand Street, New York, NY 10002

A building in the neighborhood, currently featuring 2 active listings.

- **Year Built**: 1960
- **Total Units**: 2
- **Floors**: 21

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/seward-park-houses)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [L1101](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/385-grand-street-l1101-L1101-ny-10002) | 2 | 1 | — | — | $1,029,000 (-2.8%) | Hauseit LLC | Jun 16, 2026 | 84 days |
| [L1606](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/385-grand-street-l1606-ny-10002) | 3 | 2 | 1,250 sqft | $1,140 | $1,425,000 | LoHo Realty Inc | Jul 27, 2026 | 43 days |

## Estimated Monthly Payment

**$6,709 / month**, assuming a 20% down payment ($205,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $5,203
- **Common Charges**: $1,506

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Lower East Side

Overview of Lower East Side

[Explore Lower East Side](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Lower East Side

- [Chinatown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chinatown)
- [Little Italy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/little-italy)
- [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita)
- [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village)
- [Two Bridges real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/two-bridges)
- [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho)

## Related Links

- [SEWARD PARK HOUSES — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/seward-park-houses)
- [Lower East Side neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
