--- title: "475 FDR Drive #L902, New York City, NY 10002" description: "475 FDR Drive #L902, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $839,000. 2 bed, 1 bath, 1,000 sqft Illustrative Buyer Commission Share of $12,585 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/475-fdr-drive-l902-L902-ny-10002" source: "Real Estate Rebate Team" dateModified: "2026-09-04T03:10:20.399Z" status: "Active" --- # 475 FDR Drive #L902, New York City, NY 10002 Lower East Side, New York City, NY Courtesy of Berkshire Hathaway HomeServices New York Properties Last updated: September 3, 2026, 11:10 PM ## At a Glance - **Listing Price**: $839,000 - **Beds**: 2 - **Baths**: 1 - **Sqft**: 1,000 - **Common Charges**: $1,643 / mo - **Price per Sqft**: $839 - **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**: $839,000 - **Illustrative Buyer Commission Share**: -$12,585* - **Illustrative Net Cost**: $826,415 *Illustrative Buyer Savings of $12,585 — 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) ![475 FDR Drive #L902, New York City, NY 10002 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/110f7c16-8651-4fe8-8aa9-a4b65f7e6c8a.jpg) ![475 FDR Drive #L902, New York City, NY 10002 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/92867f60-f729-41b6-93cd-0c1654ef5a03.jpg) ![475 FDR Drive #L902, New York City, NY 10002 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3d221e10-8eb4-47ef-b17c-b289e6e5643a.jpg) ![475 FDR Drive #L902, New York City, NY 10002 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/93144d76-8dc0-457c-8ab0-7a6390851a37.jpg) ![475 FDR Drive #L902, New York City, NY 10002 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8265e494-c986-49ca-b40d-53318e43dcce.jpg) ![475 FDR Drive #L902, New York City, NY 10002 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b6234853-b29a-4417-924e-cebe239cfc14.jpg) ![475 FDR Drive #L902, New York City, NY 10002 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/122738f8-37a8-4a0e-99e8-8758fefa9558.jpg) ![475 FDR Drive #L902, New York City, NY 10002 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e1982cfb-8ff3-4322-b6bb-8878f84d7976.jpg) ![475 FDR Drive #L902, New York City, NY 10002 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e01c845e-582c-4ded-b1f9-ff01f7c2c4dc.jpg) ![475 FDR Drive #L902, New York City, NY 10002 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/de7e0237-5b6e-436e-93ce-58a93d4bcb83.jpg) ## Property Overview High floor two bed, one bath, with balcony & views of downtown Manhattan, including One World Trade Center, the Woolworth Building, and the East River, L-902 offers a Two-Bedroom/One-Bath home bathed in light, where you can enjoy all from your private balcony. A large walk-in closet right next to the entrance has room for everything, and a fully renovated, windowed kitchen has been updated with stainless steel appliances and lots of cabinets. The dining alcove just opposite can accommodate a table and chairs, just right for cozy dining. The large Living Room has a picture window, and the balcony's glass door assures you will remain in light. Generously sized, the Main Bedroom has those downtown views, and two closets, one oversized, for an abundance of storage. The Second Bedroom is nicely proportioned, has two windows, and a good-sized closet as well. Alongside the updated bath sits another deep closet that can hold...a lot! Eight-foot-plus ceilings, original solid oak parquet floors, and newly painted, too. East River Housing Corporation's amenities include a 24-hour laundry room, playroom, and gym. There's bicycle storage, parking, and storage rooms, all fee-based and each subject to a waitlist. Please note that East River Housing Corporation is pet-friendly; however, dogs are not permitted. Residents enjoy private parks between buildings with lawns, plantings, benches, and playgrounds. Our lobby is staffed full-time, and nearby transportation choices are many. The M14A, M22, and M21 buses are right outside our doors, and not one, but two Citibike stations are close by. The New York City Ferry is just around the corner at Corlears Hook Park. Nearby subways include the J, M, Z, and F at the Delancey/Essex Street station, right next to the Essex Market, where you will find the multi-screen Regal Essex Crossing Movie Theater. Lots of fun shopping nearby, too: The Doughnut Plant, Kossar's Bialys, The Pickle Guys, Sugar Sweet Sunshine Cupcakes, Trader Joe's and Target are all just a short walk away. Assessment of $144 per month in place thru April, 2028. ## Property Details - **Property Type**: Co-op - **Beds**: 2 - **Baths**: 1 - **Rooms**: 5 - **Sqft**: 1,000 sqft - **Stories**: 21 - **Year Built**: 1955 - **Price per Sqft**: $839 - **Common Charges**: $1,643 / Monthly - **Listed On**: Dec 19, 2025 - **Days on Market**: 268 Days ### Residence Features - In Unit - Building Courtyard - Balcony - Private Outdoor Space Under 60 Sqft - Dishwasher - Washer Dryer Allowed - City - River ## Sales Evidence ### Recent closed sales 20 apartments at East River have recorded sales since September 2021, the most recent for $600,000 in June 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | L1204 (Apartment) | 1 | — | $600,000 | — | June 3, 2026 | City record · MLS | | L804 (Apartment) | 1 | — | $675,000 | — | May 27, 2026 | City record · MLS | | L2104 (Apartment) | 1 | 750 | $620,000 | $827/ft² | December 11, 2025 | City record · MLS | | L104 (Apartment) | 1 | — | $610,000 | — | October 27, 2025 | City record · MLS | | L1504 (Apartment) | 1 | — | $650,000 | — | July 29, 2025 | City record · MLS | | L804 (Apartment) | — | — | $600,000 | — | July 23, 2025 | City record | | L806 (Apartment) | 1 | — | $625,000 | — | June 18, 2025 | City record · MLS | | L904 (Apartment) | 1 | 750 | $600,000 | $800/ft² | March 31, 2025 | City record · MLS | | L1503 (Apartment) | — | — | $599,000 | — | March 13, 2025 | City record | | L1606 (Apartment) | 1 | — | $615,000 | — | August 26, 2024 | City record · MLS | | L407 (Apartment) | 1 | — | $611,000 | — | August 14, 2024 | City record · MLS | | L1707 (Apartment) | — | — | $620,000 | — | April 17, 2024 | City record | | L906 (Apartment) | 1 | — | $630,000 | — | April 19, 2023 | City record · MLS | | L1702 (Apartment) | 2 | 1,000 | $835,000 | $835/ft² | February 16, 2023 | City record · MLS | | L1903 (Apartment) | 1 | — | $520,000 | — | December 1, 2022 | City record · MLS | | L203 (Apartment) | 1 | — | $535,000 | — | September 28, 2022 | City record · MLS | | L-1802 (Apartment) | 2 | — | $840,000 | — | July 26, 2022 | City record · MLS | | L1101 (Apartment) | 2 | — | $807,500 | — | June 27, 2022 | City record · MLS | | L1505 (Apartment) | 3 | — | $1,065,000 | — | December 16, 2021 | City record · MLS | | L707 (Apartment) | 1 | 800 | $600,000 | $750/ft² | November 18, 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 East River is $835,000, based on 3 sales between June 2022 and February 2023. This home is asking $839,000, $4,000 above that median. The middle half of those sales closed between $821,250 and $837,500. - **Median closed price**: $835,000 - **Middle half**: $821,250 – $837,500 - **Based on**: 3 two-bedroom sales at East River - **Period**: June 2022 – February 2023 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**: 121 days (about 17 weeks) - **In contract → closed**: 97 days (about 14 weeks) Half of these homes were in contract within 121 days (about 17 weeks) of coming to market, based on the 3 with a recorded listing date. Once a deal was agreed, closing took a further 97 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 3 two-bedroom sales at East River, June 2022 – February 2023. 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 East River](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/east-river-housing-corporation) ## Price and Property History for 475 FDR Drive, Unit L902 Review the recorded listing activity for 475 FDR Drive, Unit L902, including asking-price changes and prior market dates. | Date | Price | Listing event | | --- | --- | --- | | December 19, 2025 | $839,000 | Listed for sale by Berkshire Hathaway HomeServices New York Properties | | July 3, 2018 | — | Sold | | September 28, 2017 | $835,000 | Listed for sale by Loho Realty Inc. | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 839 apartments. The corporation’s 2026 property tax bill was $5,882,000 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 East River](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/east-river-housing-corporation) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### East River Lower East Side · Stock Cooperative 475 FDR Drive, New York, NY 10002 A building in Lower East Side, currently featuring 3 active listings. - **Year Built**: 1955 - **Total Units**: 3 - **Floors**: 21 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/east-river-housing-corporation) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [L902](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/475-fdr-drive-l902-L902-ny-10002) | 2 | 1 | 1,000 sqft | $839 | $839,000 | Berkshire Hathaway HomeServices New York Properties | Dec 19, 2025 | 267 days | | [L301-7](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/475-fdr-drive-l301-7-L3017-ny-10002) | 4 | 2 | 1,800 sqft | $806 | $1,450,000 | LoHo Realty Inc | Jun 10, 2026 | 94 days | | [K1004](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/473-fdr-drive-k1004-K1004-ny-10002) | 2 | 1 | — | — | $700,000 (-4.0%) | Brown Harris Stevens Residential Sales LLC | Jun 26, 2026 | 78 days | ## Estimated Monthly Payment **$5,885 / month**, assuming a 20% down payment ($167,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,242 - **Common Charges**: $1,643 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 - [East River — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/east-river-housing-corporation) - [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.