--- title: "577 Grand Street #F1607, New York City, NY 10002" description: "577 Grand Street #F1607, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $999,000. 2 bed, 1 bath, 963 sqft Illustrative Buyer Commission Share of $14,985 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/577-grand-street-f1607-ny-10002" source: "Real Estate Rebate Team" dateModified: "2026-09-09T19:03:59.472Z" status: "Active" --- # 577 Grand Street #F1607, New York City, NY 10002 Lower East Side, New York City, NY Courtesy of LoHo Realty Inc Last updated: September 9, 2026, 3:03 PM ## At a Glance - **Listing Price**: $999,000 - **Beds**: 2 - **Baths**: 1 - **Sqft**: 963 - **Common Charges**: $1,664 / mo - **Price per Sqft**: $1,037 - **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**: $999,000 - **Illustrative Buyer Commission Share**: -$14,985* - **Illustrative Net Cost**: $984,015 *Illustrative Buyer Savings of $14,985 — 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) ![577 Grand Street #F1607, New York City, NY 10002 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/949ba471-b675-450a-9a81-435b7cad7a19.jpg) ![577 Grand Street #F1607, New York City, NY 10002 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dc94784e-470d-4cb4-9733-6631b0303f43.jpg) ![577 Grand Street #F1607, New York City, NY 10002 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c7c8420e-9ba5-4efc-bd24-181cf4fbea66.jpg) ![577 Grand Street #F1607, New York City, NY 10002 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1fc05206-75a7-4ac1-a171-285f67068376.jpg) ![577 Grand Street #F1607, New York City, NY 10002 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/49e7e5b6-6208-4b0a-a495-a41257d0c243.jpg) ![577 Grand Street #F1607, New York City, NY 10002 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5e8d2f4d-08e5-45c7-8e5e-ab897546bee7.jpg) ![577 Grand Street #F1607, New York City, NY 10002 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ee84503c-9ae9-49ed-946a-3c1ddf094972.jpg) ![577 Grand Street #F1607, New York City, NY 10002 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e7a3a207-8bac-4d55-8cb0-f87a7090e63b.jpg) ![577 Grand Street #F1607, New York City, NY 10002 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bcf18ed8-28e5-48b4-8ec8-2914f4a5a2a2.jpg) ![577 Grand Street #F1607, New York City, NY 10002 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4b4920a8-d700-4310-b5f2-d2c1be7e985d.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** Elevated on the 16th floor, Residence F1607 is a bright corner home with South and West exposures, a private balcony, and sweeping views of the East River, Williamsburg Bridge, and Downtown Manhattan skyline. The spacious living and dining area is filled with natural light and offers plenty of room for separate seating and dining areas. Step outside onto the private balcony to enjoy open river and skyline views. The open kitchen features rich wood cabinetry, stainless steel appliances, a mosaic-tile backsplash, and a breakfast bar. Both bedrooms are generously proportioned with hardwood floors and ample closet space. The updated windowed bathroom features mosaic tile accents, a floating vanity, modern fixtures, and a soaking tub. A welcoming entry foyer with multiple deep closets provides excellent additional storage. High-floor views, abundant light, private outdoor space, and a desirable corner layout make F1607 a standout home at 577 FDR Drive. Building Amenities Residents enjoy 24-hour security, state-of-the-art fitness center, modern laundry facilities, playrooms, beautiful private landscaped grounds, and convenient access to East River Park, the Lower East Side, and public transit. ## Property Details - **Property Type**: Co-op - **Beds**: 2 - **Baths**: 1 - **Rooms**: 5 - **Sqft**: 963 sqft - **Stories**: 20 - **Year Built**: 1955 - **Price per Sqft**: $1,037 - **Common Charges**: $1,664 / Monthly - **Listed On**: Sep 9, 2026 - **Days on Market**: 1 Days ### Residence Features - Building Main Level ## Sales Evidence ### Recent closed sales 9 apartments at 577 Grand Street have recorded sales since September 2021, the most recent for $850,000 in July 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | [F504](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/577-grand-street-f504-F504-ny-10002) (Apartment) | 2 | 1,000 | $850,000 | $850/ft² | July 14, 2026 | MLS | | F1407 (Apartment) | 2 | — | $890,000 | — | March 4, 2026 | City record · MLS | | F1507 (Apartment) | — | — | $965,000 | — | July 22, 2025 | City record | | F503 (Apartment) | 1 | 800 | $607,500 | $759/ft² | August 28, 2024 | City record · MLS | | F701 (Apartment) | 1 | 800 | $620,000 | $775/ft² | January 30, 2024 | City record · MLS | | F2001 (Apartment) | — | — | $785,000 | — | July 10, 2023 | City record | | F805 (Apartment) | — | — | $825,000 | — | November 4, 2022 | City record | | F1004 (Apartment) | — | — | $815,000 | — | August 31, 2022 | City record | | F507 (Apartment) | 2 | — | $875,000 | — | December 20, 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 co-op two-bedroom sales in Lower East Side is $832,500, based on 40 sales between September 2024 and June 2026. This home is asking $999,000, $166,500 above that median. The middle half of those sales closed between $800,000 and $999,000. - **Median closed price**: $832,500 - **Middle half**: $800,000 – $999,000 - **Based on**: 40 co-op two-bedroom sales in Lower East Side - **Period**: September 2024 – June 2026 - **Median $/ft²**: $800/ft² Across the 37 of these sales with a published asking price, the median closed at 98.8% of what it originally asked. 57% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Lower East Side instead. ### How these sales were negotiated - **Sold vs original ask**: 98.8% of the original ask - **Closed below ask**: 57% of 37 sales - **Listed → in contract**: 106 days (about 15 weeks) - **In contract → closed**: 106 days (about 15 weeks) Across the 37 of these sales with a published asking price, the median closed at 98.8% of what it originally asked. 57% of them closed below the original ask. Half of these homes were in contract within 106 days (about 15 weeks) of coming to market, based on the 37 with a recorded listing date. Once a deal was agreed, closing took a further 106 days (about 15 weeks), based on the 36 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 40 co-op two-bedroom sales in Lower East Side, September 2024 – June 2026. 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 577 Grand Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/577-grand-street) ## 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 577 Grand Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/577-grand-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 577 Grand Street Lower East Side · Stock Cooperative 577 Grand Street, New York, NY 10002 A building in Lower East Side, currently featuring 2 active listings. - **Year Built**: 1955 - **Total Units**: 2 - **Floors**: 20 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/577-grand-street) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [F1607](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/577-grand-street-f1607-ny-10002) | 2 | 1 | 963 sqft | $1,037 | $999,000 | LoHo Realty Inc | Sep 9, 2026 | 1 days | | [F504](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/577-grand-street-f504-F504-ny-10002) | 2 | 1 | 1,000 sqft | $850 | $850,000 (-1.7%) | LoHo Realty Inc | Jan 15, 2026 | 238 days | ## Estimated Monthly Payment **$6,715 / month**, assuming a 20% down payment ($199,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $5,051 - **Common Charges**: $1,664 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 - [577 Grand Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/577-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.