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East River Coop, 473 FDR Drive, #M1602

$499,000 ($624 per ft2) -10.9% | 1 bed, 1 bath | Approx. 800 ft2
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69 days on Market

Key Details

  • Listed: Feb 23, 2024
    Last Price Change: -10.9% ($61,000) on Apr 15
    Days on Market: 69
    Building Type: Cooperative
    Neighborhood: Lower East Side (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $996 ($1.25/ft2)
Est. Monthly Mortgage: $2,769
Total Est. Monthly Carrying Cost: $3,765 ($4.71/ft2)
Note: the above is based on a down payment of 20% ($99,800), which is the minimum amount permitted by the building.

Description

HIGH FLOOR EXCELLENT VALUE A Spacious home, which is bright and Views of the East River- This high floor, large 1-Bedroom,1-Bathroom cooperative unit is the best deal on the Lower East Side.
Measuring approximately 800SF, the room sizes are very generous with ample closets throughout.
The windowed Eat in kitchen can be opened or expanded. The windowed bathroom features original tile that is in excellent condition.
Living room faces West and receives great natural sunlight as does the kitchen and bath. The bedroom faces West as well as North with a great skyline view of the Empire State Building, plus a partial East River view.

It is truly panoramic!
The original wide parquet floors are in great condition and can easily be refurbished or re-stained for a more modern look.
Baseboard heating throughout and in window air conditioning units are already.
The East River Coop features a fully equipped state of the art gym, two private parks, 24-hour attended lobby, community room, and in-building laundry room.
East River Park A few blocks away and 4 bus lines - M14A and D, M22, and M21. F, J, M & Z Trains at Delancey/Essex and F at East Broadway. Co-purchasing,
guarantors and gifting allowed.

Subleasing allowed after 2 years of ownership.
Close to nearby Essex Crossing with Trader Joe’s, Target, Regal Cinemas, and the new Essex Street Market. Sorry, dogs are not allowed.
Maximum financing allowed is 80%. ($107/month assessment only until June 2024).

LOW
MAINTENANCE of $996/month includes taxes, heat, and all amenities aside from parking and storage.

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Apartment Amenities

  • River View

Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About East River Coop, 473 FDR Drive

70

East River Coop, 473 FDR Drive has received a CityRealty Rating of 70, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

24
Out of 44
+
26
Out of 36
+
12
Out of 39
+
8
=
70
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
More than 15 0 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Very Attractive 3 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points
  • Co-op
  • Built in 1955
  • 21 Floors

Building Amenities

  • Attended Lobby
  • FT Doorman
  • High-Rise
  • Post War
  • Full Service Garage
  • Garden
  • Elevator
  • Mail Room
  • On-Site Parking
  • Outdoor Entertainment Space
  • Courtyard
  • Laundry Room
  • Terraces / Balconies

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Pros
  • Fine views
  • Concierge
  • Luah landscaping
  • Close to the East River Park
  • Close to Williamsburg Bridge
  • Community rooms
  • Fitness center
Cons
  • Many apartments
  • No roof deck
  • No doorman
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