---
title: "457 FDR Drive #A502, New York City, NY 10002"
description: "457 FDR Drive #A502, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $565,000. 1 bed, 1 bath Illustrative Buyer Commission Share of $8,475 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/457-fdr-drive-a502-A502-ny-10002"
source: "Real Estate Rebate Team"
status: "Active"
---

# 457 FDR Drive #A502, New York City, NY 10002

Lower East Side, New York City, NY

Courtesy of Keller Williams NYC

## At a Glance

- **Listing Price**: $565,000
- **Beds**: 1
- **Baths**: 1
- **Common Charges**: $1,075 / 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**: $565,000
- **Illustrative Buyer Commission Share**: -$8,475*
- **Illustrative Net Cost**: $556,525

*Illustrative Buyer Savings of $8,475 — 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)

![457 FDR Drive #A502, New York City, NY 10002 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a093a9e7-bb33-4a02-8501-0a2212551851.jpg)
![457 FDR Drive #A502, New York City, NY 10002 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/43a38326-333a-4166-9f67-4fc884d38495.jpg)
![457 FDR Drive #A502, New York City, NY 10002 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e29ca6c3-476c-4145-9218-5d40778fd9bb.jpg)
![457 FDR Drive #A502, New York City, NY 10002 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/75341a67-9a28-4231-a738-a5d151083072.jpg)
![457 FDR Drive #A502, New York City, NY 10002 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2e78eaea-dcc2-4e17-8ad4-9a89161a37fa.jpg)
![457 FDR Drive #A502, New York City, NY 10002 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/08d521d6-d501-4509-aa38-9c59fc5dd456.jpg)
![457 FDR Drive #A502, New York City, NY 10002 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/552bd88a-3b44-4a8d-86ab-b81028b3ba12.jpg)
![457 FDR Drive #A502, New York City, NY 10002 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cd0de5c4-6a97-4ee3-ae94-5f90429fd885.jpg)
![457 FDR Drive #A502, New York City, NY 10002 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/265012b6-d825-451b-b699-ebd6142737b8.jpg)
![457 FDR Drive #A502, New York City, NY 10002 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4da20e9a-3ec4-414c-b327-a3bd7724013d.jpg)

## Property Overview

If you are looking for a bucolic, leafy location with a downtown vibe, Apartment A502 is a must-see!
 
This spacious, light-dappled residence looks directly into the lush, manicured garden from the many windows in all rooms, which provide exceptional light throughout the day.  Mature plantings create a natural green screen that provides a level of privacy rarely seen in a 5th floor apartment.  Anchored by the bright, expansive living/dining combo, you can easily imagine making memories with friends and family when hosting large-scale or intimate gatherings.  The updated and beautifully appointed windowed kitchen will delight whether you are a home chef or takeout aficionado with its expansive granite countertops, warm maple cabinetry and a full suite of stainless-steel appliances.  When it is time to retire, the commodious bedroom will accommodate a full suite of king furnishings without compromise.  The bathroom is fresh and bright, also with a window that offers leafy views!  Add classic parquet flooring, closets galore, and check, check, check!
 
East River Co-ops is comprised of four buildings and was originally built for iron workers in the 1950s.  Residents enjoy a 24-hour lobby, fitness center, common laundry, and children’s playrooms. Flexible ownership allows gifting, guarantors, and pied-a-terre ownership.  Subletting is permitted, with board approval, after two years of ownership.  Sorry, dogs are not permitted.
 
Residents can walk across the overpass to the FDR Drive and find the newly refurbished East River Park. The park provides jogging paths, tennis courts, baseball and soccer fields as well as an amphitheater. Just a short walk to Trader Joe’s and The Essex Street market, and public transportation provided by many bus lines and the J/M/F/Z subway, and local Citibike stations make this location unbeatable!

## Property Details

- **Property Type**: Co-op
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Stories**: 21
- **Year Built**: 1956
- **Common Charges**: $1,075 / Monthly
- **Listed On**: May 26, 2026
- **Days on Market**: 110 Days

### Residence Features

- Common On Floor
- Common Area
- Laundry Room

## Sales Evidence

### Recent closed sales

17 apartments at 457 FDR Drive have recorded sales since September 2021, the most recent for $670,774 in May 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| A904 (Apartment) | 2 | 1,000 | $670,774 | $671/ft² | May 14, 2026 | City record |
| A604 (Apartment) | 2 | 1,000 | $895,000 | $895/ft² | December 4, 2025 | City record · MLS |
| A406 (Apartment) | 2 | 1,000 | $825,000 | $825/ft² | August 26, 2025 | City record · MLS |
| A902 (Apartment) | — | — | $590,000 | — | August 7, 2025 | City record |
| A505 (Apartment) | 2 | 1,100 | $800,000 | $727/ft² | June 20, 2025 | City record · MLS |
| A1601 (Apartment) | 1 | 800 | $600,000 | $750/ft² | March 11, 2025 | City record · MLS |
| A106 (Apartment) | — | — | $800,000 | — | March 20, 2024 | City record |
| A1207 (Apartment) | — | — | $800,000 | — | February 12, 2024 | City record |
| A802 (Apartment) | 1 | — | $600,000 | — | February 5, 2024 | City record · MLS |
| A2002 (Apartment) | 3 | — | $1,775,000 | — | December 19, 2023 | City record · MLS |
| A405 (Apartment) | 2 | — | $820,000 | — | July 28, 2023 | City record · MLS |
| A1404 (Apartment) | 2 | — | $835,000 | — | June 14, 2023 | City record · MLS |
| A-807 (Apartment) | 2 | — | $867,700 | — | November 30, 2022 | City record · MLS |
| A1004 (Apartment) | 2 | — | $810,000 | — | October 11, 2022 | City record · MLS |
| A1902 (Apartment) | 1 | — | $900,000 | — | September 22, 2022 | City record · MLS |
| A1903 (Apartment) | 2 | — | $900,000 | — | February 23, 2022 | City record · MLS |
| 407A (Apartment) | — | — | $768,000 | — | November 16, 2021 | City record |

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 one-bedroom sales at 457 FDR Drive is $600,000, based on 3 sales between September 2022 and March 2025. This home is asking $565,000, $35,000 below that median. The middle half of those sales closed between $600,000 and $750,000.

- **Median closed price**: $600,000
- **Middle half**: $600,000 – $750,000
- **Based on**: 3 one-bedroom sales at 457 FDR Drive
- **Period**: September 2022 – March 2025

Square footage is recorded for only 1 of these 3 sales (33%), 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.

### How these sales were negotiated

- **Listed → in contract**: 89 days (about 13 weeks)
- **In contract → closed**: 92 days (about 13 weeks)

Half of these homes were in contract within 89 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 92 days (about 13 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 one-bedroom sales at 457 FDR Drive, September 2022 – March 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 one-bedroom sales in Lower East Side, 2017 to 2025. 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 | $640,000 | 29 |
| 2018 | $642,000 | 24 |
| 2019 | $599,000 | 25 |
| 2020 | $639,500 | 24 |
| 2021 | $630,000 | 39 |
| 2022 | $615,000 | 42 |
| 2023 | $622,500 | 24 |
| 2024 | $615,000 | 27 |
| 2025 | $602,500 | 34 |

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 457 FDR Drive](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/457-fdr-drive)

## Price and Property History for 457 FDR Drive, Unit A502

Review the recorded listing activity for 457 FDR Drive, Unit A502, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $30,000, or 5%, on June 23, 2026
- **Originally listed**: April 28, 2026 at $595,000
- **Current asking price**: $565,000

| Date | Price | Listing event |
| --- | --- | --- |
| June 23, 2026 | $565,000 | Asking price reduced by $30,000, or 5% |
| April 28, 2026 | $595,000 | Listed for sale by Keller Williams NYC |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 833 apartments. The corporation’s 2026 property tax bill was $9,039,042 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 457 FDR Drive](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/457-fdr-drive)

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

## About The Building

### 457 FDR Drive

Lower East Side · Stock Cooperative

457 FDR Drive, New York, NY 10002

A building in Lower East Side, currently featuring 2 active listings.

- **Year Built**: 1956
- **Total Units**: 2
- **Floors**: 21

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/457-fdr-drive)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [A502](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/457-fdr-drive-a502-A502-ny-10002) | 1 | 1 | — | — | $565,000 (-5.0%) | Keller Williams NYC | May 26, 2026 | 109 days |
| [A1002](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/457-fdr-drive-a1002-ny-10002) | 1 | 1 | — | — | $549,000 (-4.5%) | Berkshire Hathaway HomeServices New York Properties | Aug 4, 2026 | 39 days |

## Estimated Monthly Payment

**$3,932 / month**, assuming a 20% down payment ($113,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $2,857
- **Common Charges**: $1,075

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)

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## Related Links

- [457 FDR Drive — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/457-fdr-drive)
- [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.
