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East River Housing

East River Housing

East River Housing
Cooperative Building Complex
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

570 Grand St,
New York, NY 10002-4379
1,676 Units
20 Stories
1955 Year Built
$517K - $2.0M Value Range

Available Units

For Sale
For Rent

Highlights

  • Concierge
  • P.S. 110 Florence Nightingale Rated A
  • Fitness Center
  • Elevator
  • River View
  • 4 min walk to Henry M. Jackson Playground

A Lower East Side co-op enclave with river views and a housing-rights history

When the four-building East River Housing complex debuted in 1952, it received 1,672 applications for 5,000 available units.

Completed in 1955, the development is part of a group of four Lower East Side co-ops collectively known as "Co-op Village," the product of a united public, civic and workers’ union effort to create affordable housing for the working and middle class in the first half of the 20th century. The project's populist roots are evident in its financial sponsor, the International Ladies' Garment Workers' Union, as well as the names of each of the four buildings — selected to honor labor movement leaders of the time. In 2000, after decades of operating with severe resale restrictions, the residents voted for the co-op to go free-market. Current commercial tenants include Frank's Bike Shop, Paul Taylor Dance Company and Kate Ferris Projects.

More than 13 acres of tenement housing were razed to make way for the buildings, and architects George W. Springsteen and Herman J. Jessor positioned the four structures to ensure each residence received the maximum amount of sunlight and, whenever possible, a river view. At the time of its construction, it was the tallest reinforced concrete residential structure in the country. "The views are really phenomenal," says lawyer and Loho Realty owner Jacob Goldman, a longtime resident of the complex who has been selling real estate across all of Co-op Village since 1999. He names the East River, Brooklyn, downtown Manhattan, the Williamsburg Bridge and Domino Park as a few of the landscape highlights visible from the buildings’ homes. The complex contains 1,676 apartments across two 21-story buildings and two 20-story buildings, with three addresses at each structure. In addition to the incredible views, Goldman says that the strong sense of community, relative affordability and low maintenance fees are key elements of the development's appeal. That, and the ability to retreat from the urban churn. "It's in the city, but a little bit away from the noise and hecticness of the city," he says. “You want a home. When you’re in these buildings you’re not getting people making noise outside. You walk a few blocks for a great place to eat or drink but you don’t have to live with that.”

Efficiencies to three-bedrooms, many balconies and previous renovations

Homes include one-, two- and three-bedroom residences and a few larger units due to owners combining apartments. Goldman notes that the number of apartments in the development has decreased by about 100 due to these "break-throughs." Some one-bedrooms are efficiencies — apartments with galley or pullman kitchens. One-bedrooms range from 550 to 800 square feet and list for between $465,000 and $650,000. Two-bedrooms measure 900 to 1,100 square feet and ask about $680,000 to $1.1 million, and homes three-bedrooms and larger measuring 1,250 square feet to 1,650 square feet are priced at $1.25 million and up. Most homes have parquet wood floors, and a little more than half of the units include balconies. In some cases, owners have chosen to enclose those outdoor spaces to create additional living space, such as an office or sunroom. Homes on the top three floors of each building offer set-back terraces. Fixtures and finishes in units can vary widely due to individual residents' renovations and upgrades over the years.

Around the clock fitness center and laundry room, plus private parks and possible parking

The buildings' marble lobbies are attended 24 hours a day. Management and maintenance staff are on site, and porters are on call. In addition to well-maintained grounds landscaped with mature trees, shrubs and seasonal plantings, residents enjoy the use of two private parks with seating and two playgrounds. A spacious, 24-hour, fully equipped fitness room offers cable television. Laundry facilities, monitored by security cameras, also operate around the clock. Additional common spaces include a children's playroom and a recently renovated community room available to rent for $325/day. The co-op does offer parking at the cost of $225 a month, however there is a long waiting list. Maintenance is available seven days a week from 8 a.m. to midnight. Dogs are not permitted. Unlimited subletting is allowed after two years of ownership, and gifting and guarantors are allowed.

Steps from all the conveniences of the Lower East Side, public parks and popular schools

Located on the Lower East Side, East River Housing is steps from shopping, dining and nightlife options that have only increased as the neighborhood has developed. "Who wants to live uptown anymore?" asks Goldman. Grocery shopping can be done at Trader Joe's and Essex Street Market. Popular restaurants in the area include Dirt Candy, Russ & Daughters and the legendary Katz's Delicatessen. Nearby Essex Crossing is home to a Target and a Regal multiplex. Two blocks away, Hamilton Fish Park and its recreation center, housed in a beautiful Beaux-Art building, offer facilities including an Olympic-size outdoor swimming pool, fitness center and playgrounds. As part of the city's ongoing East Side Coastal Resiliency Project, nearby East River Park will be reimagined with new playgrounds, open green space, sports fields and athletic courts. Popular schools in the area include NEST + m, PS 110 and PS 184, which offers a Mandarin dual language program.

Bus stops outside the door, several subway lines, two bridges and a highway

The F, M, J and Z trains can be reached in 15 minutes on foot, and two bus lines, the M14 and M21, stop outside the complex on FDR Drive. For those traveling by car, FDR Drive provides quick access to all points uptown, and both the Brooklyn and Williamsburg Bridge are minutes away. The closest airport is Laguardia, which can be reached in about 40 minutes.

Available Units

Building Details

Views

  • River
  • City

Recreation

  • Community Playground
  • Fitness Center
  • Trails

Outdoor Features

  • Community Garden
  • Courtyard

Amenities

  • Concierge
  • Game Room
  • Children's Playroom
  • Laundry Facilities
  • Bike Room
  • 24 Hour Access

Parking

  • Garage

Condo Association

  • $1,541 Monthly HOA Fees
  • Monthly HOA Fees Range from $735 - $14,880
  • Association fees include electricity, water
  • East River Houses Condos
  • Lower East Side Subdivision
  • On-Site Maintenance

Building Design

  • Co-Op
  • Elevator
  • High-Rise Condominium

Unit Features

  • Balcony

Unit Information By Building

Unit
Beds
1 Bed
3 Beds
Baths
1 Bath
1.5 Baths
Sq Ft
800
1,250
Price
$580,000
$1,150,000
Price / Sq Ft
$725 / Sq Ft
$920 / Sq Ft
List Date
10/01/2024
01/09/2025

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
550 - 800
Est. Values
$517,000 - $1,460,000
2 Bedroom Units
Sq Ft Range
780 - 1,600
Est. Values
$703,878 - $1,460,000
3 Bedroom Units
Sq Ft Range
1,250 - 1,800
Est. Values
$517,000 - $2,040,000
4 Bedroom Units
Sq Ft Range
1,203 - 2,000
Est. Values
None Available
All Units
Sq Ft Range
550 - 2,000
Est. Values
$517,000 - $2,040,000

Map

Area Factors

Low Crime

Crime Score®

4 / 10

Biker's Paradise

Bike Score®

95 / 100

Walker's Paradise

Walk Score®

90 / 100

Rider's Paradise

Transit Score®

94 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

63 / 100

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Air Pollution®

N/A / 10

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Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Area

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Property Tax History

Source: Public Records

Building Website

Building Team

Architect
NY Building Associates Inc.
Property Management
Cooperative Village - East River Housing
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.