--- title: "387 Grand Street #K1107, New York City, NY 10002" description: "387 Grand Street #K1107, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $1,200,000. 2 bed, 1 bath, 1,000 sqft Illustrative Buyer Commission Share of $18,000 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/387-grand-street-k1107-K1107-ny-10002" source: "Real Estate Rebate Team" dateModified: "2026-09-07T10:32:35.849Z" status: "Active" --- # 387 Grand Street #K1107, New York City, NY 10002 Lower East Side, New York City, NY Courtesy of LoHo Realty Inc Last updated: September 7, 2026, 6:32 AM ## At a Glance - **Listing Price**: $1,200,000 - **Beds**: 2 - **Baths**: 1 - **Sqft**: 1,000 - **Common Charges**: $1,675 / mo - **Price per Sqft**: $1,200 - **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**: $1,200,000 - **Illustrative Buyer Commission Share**: -$18,000* - **Illustrative Net Cost**: $1,182,000 *Illustrative Buyer Savings of $18,000 — 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) ![387 Grand Street #K1107, New York City, NY 10002 — photo 1 of 10](https://realestaterebatesnewyork.com/api/assets/6d31de87-b851-41a8-a18a-f4d02d7998c8) ![387 Grand Street #K1107, New York City, NY 10002 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3e94e3d5-ff45-4107-aa8f-aa8227beaa44.jpg) ![387 Grand Street #K1107, New York City, NY 10002 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3ca01014-a329-48e3-8705-df83b1a52dc9.jpg) ![387 Grand Street #K1107, New York City, NY 10002 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b974c669-c442-414e-9a48-f5317545591a.jpg) ![387 Grand Street #K1107, New York City, NY 10002 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5316be32-5bbf-432b-a6da-27f545f47f45.jpg) ![387 Grand Street #K1107, New York City, NY 10002 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ed4560ed-bb5b-46ef-a633-70238142780b.jpg) ![387 Grand Street #K1107, New York City, NY 10002 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2d914723-c954-43c8-9c32-28375f8a03c9.jpg) ![387 Grand Street #K1107, New York City, NY 10002 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e57124ff-f296-4426-8a8d-4239e98525ae.jpg) ![387 Grand Street #K1107, New York City, NY 10002 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/78dfc5fd-9705-41b8-94b3-f88e4cecd526.jpg) ![387 Grand Street #K1107, New York City, NY 10002 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3d685ef1-3927-4d6f-9fa6-c7684e931b4f.jpg) ## Property Overview **All appointments - including Sunday Open Houses - 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** **High Floor, Outer-Corner Two-Bedroom with Skyline Views & Private Balcony** Welcome to this beautifully renovated two-bedroom residence showcasing open views of the Freedom Tower and the downtown skyline. An inviting entry foyer welcomes you into the home and offers ample space for a formal dining area. From there, the open layout flows seamlessly into the windowed kitchen and expansive living room. The living area is flooded with natural light from walls of windows spanning two exposures, including a glass door that opens directly onto your private balcony—an ideal setting to enjoy the skyline views. Open to the living room, the windowed kitchen enhances the home's airy feel and sense of connection. Thoughtfully renovated, it features a custom breakfast bar, abundant cabinetry, updated countertops and backsplash, and stainless-steel appliances, including a dishwasher and mounted microwave. A convenient pass-through window also provides direct access to the balcony. The windowed bathroom has been tastefully updated with floor-to-ceiling tile, a deep soaking tub, a mirrored medicine cabinet, and a modern vanity. Two generously proportioned king-size bedrooms, each with room for dressers, nightstands, and additional furnishings, complete the home. Additional highlights include: • 8'2" ceilings • Original parquet floors • New moldings • Five oversized closets • Updated electrical panel 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**: 2 - **Baths**: 1 - **Rooms**: 5 - **Sqft**: 1,000 sqft - **Stories**: 21 - **Year Built**: 1960 - **Price per Sqft**: $1,200 - **Common Charges**: $1,675 / Monthly - **Listed On**: Jun 18, 2026 - **Days on Market**: 83 Days ### Residence Features - Building Main Level ## Sales Evidence ### Recent closed sales 17 apartments at 387 Grand Street have recorded sales since September 2021, the most recent for $1,437,000 in August 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | [K707](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/387-grand-street-k707-K707-ny-10002) (Apartment) | 2 | — | $1,437,000 | — | August 19, 2026 | MLS | | K1407 (Apartment) | — | — | $1,089,000 | — | December 23, 2025 | City record | | 10002 (Apartment) | — | — | $1,050,000 | — | December 18, 2025 | City record | | K606 (Apartment) | — | — | $2,625,000 | — | August 6, 2025 | City record | | K406 (Apartment) | 2 | — | $990,000 | — | June 12, 2025 | City record · MLS | | K1401/K1402 (Apartment) | — | — | $1,700,000 | — | December 27, 2024 | City record | | K806 (Apartment) | 2 | 1,001 | $1,425,000 | $1,424/ft² | May 6, 2024 | City record · MLS | | K104 (Apartment) | — | — | $975,000 | — | April 19, 2024 | City record | | K807 (Apartment) | 2 | 1,001 | $1,200,000 | $1,199/ft² | February 9, 2024 | City record · MLS | | K1106 (Apartment) | — | — | $1,250,000 | — | October 13, 2023 | City record | | 1302 (Apartment) | — | — | $830,000 | — | July 27, 2022 | City record | | 1303 (Apartment) | — | — | $885,000 | — | July 27, 2022 | City record | | K301 (Apartment) | 1 | 800 | $677,000 | $846/ft² | May 23, 2022 | City record · MLS | | K203 (Apartment) | 1 | — | $797,500 | — | March 22, 2022 | City record · MLS | | K1707 (Apartment) | — | — | $1,112,500 | — | March 22, 2022 | City record | | K903 (Apartment) | 1 | — | $750,000 | — | January 21, 2022 | City record · MLS | | K1802 (Apartment) | 1 | — | $850,000 | — | November 1, 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 two-bedroom sales at 387 Grand Street is $1,200,000, based on 3 sales between February 2024 and June 2025. This home is asking exactly that figure. The middle half of those sales closed between $1,095,000 and $1,312,500. - **Median closed price**: $1,200,000 - **Middle half**: $1,095,000 – $1,312,500 - **Based on**: 3 two-bedroom sales at 387 Grand Street - **Period**: February 2024 – June 2025 Square footage is recorded for only 2 of these 3 sales (67%), 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 95.3% of what it originally asked. 100% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 95.3% of the original ask - **Closed below ask**: 100% of 3 sales - **Listed → in contract**: 309 days (about 44 weeks) - **In contract → closed**: 76 days (about 11 weeks) Across the 3 of these sales with a published asking price, the median closed at 95.3% of what it originally asked. 100% of them closed below the original ask. Half of these homes were in contract within 309 days (about 44 weeks) of coming to market, based on the 3 with a recorded listing date. Once a deal was agreed, closing took a further 76 days (about 11 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 3 two-bedroom sales at 387 Grand Street, February 2024 – June 2025. 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 387 Grand Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/387-grand-street) ## 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 387 Grand Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/387-grand-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 387 Grand Street 387 Grand Street, New York, NY 10002 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1960 - **Total Units**: 1 - **Floors**: 21 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/387-grand-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [K1107](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/387-grand-street-k1107-K1107-ny-10002) | 2 | 1 | 1,000 sqft | $1,200 | $1,200,000 | LoHo Realty Inc | Jun 18, 2026 | 82 days | ## Estimated Monthly Payment **$7,743 / month**, assuming a 20% down payment ($240,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $6,068 - **Common Charges**: $1,675 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 - [387 Grand Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/387-grand-street) - [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.