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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10002
  6. 477 FDR Drive #M1304
Property thumbnail
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Stock Cooperative•Lower East Side

477 FDR Drive #M1304, New York City, NY 10002

Listing Courtesy of Sothebys International Realty

$910,000

Potential Rebate: $13,650

Stock Cooperative
2 Beds
1 Bath
5 Rooms
1,231,250 sqft
Built 1953
21 Stories
1/ft²
Listed on Oct 10, 2025
78 days on market
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Overview

Refined Living, Ready Now

Sun-splashed high-floor 2BR with balcony offering tremendous value — truly cheaper than renting! Expansive southern and western exposures fill the home with light, while a wall of west-facing windows — including a striking picture window — frames open river and park views.

The open, windowed kitchen features custom wood cabinetry, stainless steel appliances, and a sleek dining bar perfect for both cooking and entertaining. A gracious entry foyer with three closets enhances the sense of flow. The spacious primary bedroom includes two deep closets, while the well-proportioned second bedroom offers built-ins. The windowed bath has been tastefully updated with a soaking tub and pedestal sink.

Brand-new wide plank hickory floors run throughout, adding warmth and a clean, modern appeal.

Building amenities include a fully equipped gym, two private parks, 24-hour attended lobby, in-building laundry, and on-site maintenance. Convenient access to the M14A, M21, M22, and M14D buses, and F, J, M & Z trains at Delancey. East River Park — with ball fields, an esplanade, and ferry service — is just moments away.

Gifting, guarantors, and pied-à-terre permitted. Subleasing allowed after two years of ownership.

Assessment: $144/month through April 2028.

Home Features

  • •Common On Floor
  • •Building Courtyard
  • •Building Garden
  • •Balcony
  • •Private Outdoor Space Under 60 Sqft
  • •Kitchen Window
  • •Dishwasher
  • •Hardwood

Estimated Monthly Payment

$6,052 per month

30 year fixed, 6.28% Interest

Principal and Interest
$4,497
Property Taxes
$0
Maintenance/Common Charges
$1,555

Estimated Rebate for this Home

One-time rebate at closing

$13,650

Monthly savings impact

$38/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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Listings

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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Sothebys International Realty

Data Source: TRESTLE #RLS20053922

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for East River Co-Op I against the surrounding Lower East Side market.

Based on 1 active units in building vs 100 in area

Average List Price

Building$910.0K
Neighborhood$1.6M

Price Per SqFt

Building Avg$1/ft²
Neighborhood Avg$1,362/ft²
Value Opportunity

99.95% Lower

than the Lower East Side price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Lower East Side

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