--- title: "385 Grand Street #L1606, New York City, NY 10002" description: "385 Grand Street #L1606, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $1,425,000. 3 bed, 2 bath, 1,250 sqft Illustrative Buyer Commission Share of $21,375 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/385-grand-street-l1606-ny-10002" source: "Real Estate Rebate Team" dateModified: "2026-09-06T03:49:55.726Z" status: "Active" --- # 385 Grand Street #L1606, New York City, NY 10002 Lower East Side, New York City, NY Courtesy of LoHo Realty Inc Last updated: September 5, 2026, 11:49 PM ## At a Glance - **Listing Price**: $1,425,000 - **Beds**: 3 - **Total Baths**: 2 - **Sqft**: 1,250 - **Common Charges**: $1,923 / mo - **Price per Sqft**: $1,140 - **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**: $1,425,000 - **Illustrative Buyer Commission Share**: -$21,375* - **Illustrative Net Cost**: $1,403,625 *Illustrative Buyer Savings of $21,375 — 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 #L1606, New York City, NY 10002 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/473e0c38-1f32-4ebc-876d-cd7c7c01cf92.jpg) ![385 Grand Street #L1606, New York City, NY 10002 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/827afb3f-6dee-4b5c-8d9c-cf61c1430f4e.jpg) ![385 Grand Street #L1606, New York City, NY 10002 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/daf7015a-b979-46ce-b63e-957bea1c38a0.jpg) ![385 Grand Street #L1606, New York City, NY 10002 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d2efa410-db14-4b8c-99f2-acc894dbf2d2.jpg) ![385 Grand Street #L1606, New York City, NY 10002 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/960ba2bb-88c5-4ea0-8dbe-2f4e58b1af51.jpg) ![385 Grand Street #L1606, New York City, NY 10002 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/23143612-77f6-4cf9-a118-e8cade418efd.jpg) ![385 Grand Street #L1606, New York City, NY 10002 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5b24b6fa-e645-45dc-94d3-10fa0d64d3fb.jpg) ![385 Grand Street #L1606, New York City, NY 10002 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ec38099a-50c0-41f5-ac57-dbc322a06a84.jpg) ![385 Grand Street #L1606, New York City, NY 10002 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/20cd7287-7b15-4801-b7e4-9e2b92c842df.jpg) ![385 Grand Street #L1606, New York City, NY 10002 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3dd4e525-929b-47c7-ac36-be5bcc9b3203.jpg) ## Property Overview **Photos Coming Soon!** **High-Floor, Spacious 3-Bedroom with Stunning Downtown Western Skyline Views** This true 3-bedroom, 1.5-bath apartment in the desirable Seward Park co-ops has great bones, endless potential and is ready for your personal vision! Spanning approximately 1,250 sq. ft., the flexible layout offers multiple reconfiguration options—including the potential to open the wall between the expansive living room, generous dining area, and windowed eat-in kitchen for a more modern, open-concept feel. The king-sized primary bedroom features a windowed half-bath en suite, which can easily be converted to a full bathroom with a shower stall. Two additional well-sized bedrooms provide plenty of space for guests, family, or a home office. The full bathroom includes a deep soaking tub. Additional highlights throughout: • 8’2” ceilings • Original parquet floors • Seven closets (including three walk-ins) • Dual exposures (East and West) for excellent natural light and cross-ventilation Bring your architect or designer—this is your chance to create the home you've always wanted. Be sure to check out the alternate floor plan for inspiration! The co-op offers an exceptional array of amenities (additional fees and waitlists may apply), including two private parks with playgrounds and a water play area, a fully equipped fitness center, an indoor children’s playroom, and a 24/7 attended lobby. Residents also enjoy a modern, around-the-clock laundry room, on-site maintenance, a community garden with composting, bike storage, shared workspaces, and a community room outfitted with a contemporary kitchen—perfect for hosting events. The location couldn’t be more convenient: just a short stroll to Trader Joe’s, Target, Regal Cinemas, the newly opened Essex Market, and the vibrant neighborhoods of Chinatown and Little Italy, along with numerous cultural attractions. Subletting is permitted after two years of ownership, with shareholders responsible for base maintenance plus a sublet fee. Dogs are welcome with registration and approval. In-unit washers and dryers are allowed pending co-op approval. ## Property Details - **Property Type**: Co-op - **Beds**: 3 - **Total Baths**: 2 - **Rooms**: 6 - **Sqft**: 1,250 sqft - **Stories**: 21 - **Year Built**: 1960 - **Price per Sqft**: $1,140 - **Common Charges**: $1,923 / Monthly - **Listed On**: Jul 27, 2026 - **Days on Market**: 42 Days ### Residence Features - Building Main Level ## 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 three-bedroom sales at SEWARD PARK HOUSES is $1,470,000, based on 5 sales between October 2021 and December 2025. This home is asking $1,425,000, $45,000 below that median. The middle half of those sales closed between $1,450,000 and $1,630,000. - **Median closed price**: $1,470,000 - **Middle half**: $1,450,000 – $1,630,000 - **Based on**: 5 three-bedroom sales at SEWARD PARK HOUSES - **Period**: October 2021 – December 2025 Square footage is recorded for only 2 of these 5 sales (40%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 3 of these sales with a published asking price, the median closed at 100% of what it originally asked. 33% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 100% of the original ask - **Closed below ask**: 33% of 3 sales - **Listed → in contract**: 91 days (about 13 weeks) - **In contract → closed**: 99 days (about 14 weeks) Across the 3 of these sales with a published asking price, the median closed at 100% of what it originally asked. 33% of them closed below the original ask. Half of these homes were in contract within 91 days (about 13 weeks) of coming to market, based on the 3 with a recorded listing date. Once a deal was agreed, closing took a further 99 days (about 14 weeks), based on the 3 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 5 three-bedroom sales at SEWARD PARK HOUSES, October 2021 – December 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. 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) ## 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 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [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 | 41 days | | [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 | 82 days | ## Estimated Monthly Payment **$9,129 / month**, assuming a 20% down payment ($285,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $7,206 - **Common Charges**: $1,923 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.