East River Coop, 473 FDR Drive - Lower East Side
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The co-op at 473 FDR Drive is part of East River Co-op, a four-building complex that counts 1,672 apartments within. This particular building is situated at the foot of the Williamsburg Bridge, allowing for dramatic vistas of the suspension span, the East River, and Brooklyn beyond from many units even on the lower floors. Many apartments feature large picture windows and balconies.
The co-op features a 24-hour attended lobby, a fitness center, a children’s playroom, and a community room. The complex offers expansive landscaped grounds that also include on-site parking. Moreover, the building sits across from the Corlears Hook Park and the East River Promenade, which offer ample green space and sports fields on and off the waterfront.
The building sits in a quiet corner of the Lower East Side, yet the neighborhood’s famed shopping, dining, arts, and entertainment lie within a short walk, as do the East Broadway and DelanceySt/Essex St stations of the F/J/M/Z trains. The M14A, M21 & M22 buses stop in front of the building, and Citibike stations are located nearby. A supermarket and a 24-hour convenience store are located within a block, while the Essex Crossing complex with a Trader Joe’s, Target, and Regal Cinemas is also located nearby.
The co-op permits guarantors, pied-a-terres, gifting, and subleasing (after two years of ownership and with a sublet fee). Dogs are not permitted.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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