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1,746Units
21Stories
1960Year Built
Available Units
For Sale
For Rent
Highlights
Doorman
P.S. 184 Shuang Wen Rated A
Fitness Center
Elevator
River View
4 min walk to Martin Luther King, Jr. Community Park
Affordable co-op complex on the Lower East Side with historic ties to the labor movement
For many “true New Yorkers” — those that have lived in the city for at least a decade — it’s clear that the Lower East Side splits in two. Running from nearby SoHo through to the Williamsburg Bridge, Delancy Street cuts through the middle of this historically entrenched, artistically inclined and comparatively affordable downtown Manhattan neighborhood. Up until recently, everything north of this thoroughfare was more boisterous and nightlife focused, and everything south was quieter and more residential. And even if the hustle and bustle might have moved south a bit in the past few years — bringing a fresh crop of 20-somethings to the alternative bars and independent art galleries that position along Orchard Street or newly-minted microneighborhood Dimes Square— this less dense pocket of the city remains relatively calm. As one ventures away from this hubbub and toward the East River, a series of red brick co-op housing developments, otherwise known as Co-Op Village, emerge amid verdant greenery. The first they might encounter is the Seward Park Housing Cooperative. These interwar and midcentury complexes were developed by trade unions as affordable places for their members to live and programmed based on the collectivist ideals first put forward by the early 20th-century labor movement. Though operating with a more market-driven approach today, residences here remain inexpensive when compared to other options in the area. “People are drawn to these co-op developments for space, value and the elevated level of amenities they offer,” says Neal Young, a longtime Lower East Side resident and Brown Harris Stevens agent with extensive experience selling here. “The price per square foot is low and so are the maintenance fees. First time homebuyers or those looking to expand can get a lot of bang for their buck. Seward Park Housing Cooperative stands out, in particular, due to the generous size of its units.”
Housing less expensive than in Brooklyn
A New York Times article by John Freeman Gill published in May 2013 about this part of the Lower East Side tells the story of yoga instructor Julie Peacock moving into the complex as her children grew older and they needed more space. Brownstone and waterfront Brooklyn, areas often popular with expanding families, had already become too expensive. Though she was initially taken aback by Seward Park Cooperative’s boxy and seemingly outdated midcentury modern architecture, she was drawn to the multigenerational mix of its residents and the rather well-maintained state of its units. Young notes that a recent client was contemplating a move to Co-op City as an alternative to what has become especially expensive Dumbo right across the East River where this individual works. Such is the nature of New York’s shifting real estate market. Two decades ago, many Manhattanites flocked to Brooklyn for its better affordability and bigger spaces. Owing shifting demands, things have taken a full 180-degree turn.
A historic residential complex in the heart of an ever-changing neighborhood
Comprised of four similarly proportioned structures, each rising 20 stories and containing three interconnected towers, Seward Park Housing Cooperative was erected in 1960 by the United Housing Foundation, a consortium of cooperative housing societies, non-profit organizations and labor unions looking to create affordable dwellings. Owing to its collectivist origins, the complex's two lobbies are adorned in murals depicting “progressive” working class heroes once prominent in the neighborhood, painted by early 20th-Century socialist realist artist Hugo Gellert. The buildings were tilted at 45-degree angles from the street grid to make the most of unobstructed East River and skyline views and ensure that there would be enough green space below. The complex sits right next to its namesake, the actual Seward Park, which contains a locally beloved ping pong table as well as up-to-date basketball, tennis and pickleball courts. Though sectioned off, the housing development’s now mature gardens, ostensibly, blend in with the park. Though the complex was a limited-equity cooperative for thirty years, its shareholders passed a plan of reconstitution in 1995 and over the following five years, prices were gradually elevated to market rates. Nonetheless, Seward Park Housing Cooperative has remained an affordable, now more middle class, stalwart in this ever-changing pocket of the Lower East Side. Just north of adjacent Grand Street, a vast portion of the city grid was recently transformed into the upscale Essex Market and Essex Crossing mixed used commercial and condo/rental residential development, where prices are significantly higher.
A whopping 1,728 units in over 400 layout variations
As with any older building, the state of renovation — the age of appliances and fixtures, among other factors — varies greatly from unit to unit. According to Young, residences still feature the base-line quality finishes of hardwood parquet floors and sturdy through-plaster walls. Layouts range from standard “true one bedrooms” up to sizeable combined four bedrooms such as unit L203/204; selling for $1.5 million in Summer 2024. A 500 square-foot studio with separate kitchen — as is the case with most units — was selling for just under $500,000 around the same time. Toward the middle of the range, unit C1904 is a 1,100 square-foot two bedroom, on the market for $900,000 in Summer 2024. An anomaly, unit 306/406 is a duplex with a 16-foot-long living room and 12-foot-wide balcony. Corner residences benefit from an ample amount of these loggias with some being enclosed as extended interior spaces. As evident in these examples, there’s tons of variation across the complex’s 1,728-unit offering.
More amenities than are common in co-ops
“The amenities in Co-Op Village developments include gated parks with well-maintained playgrounds and state-of-the-art gyms,” Young says. On top of its recently updated ground-level fitness center, Seward Park Cooperative boasts 24/7 door attendants and porters, a children’s playroom and a garage with EV chargers installed long before it was popular to do so. Each of the four buildings contain their own bike, community and laundry rooms. While the finishes in common spaces might not be luxurious, they're durable and frequently maintained.
A neighborhood with plenty that’s authentic but also a lot that’s new
Seward Park Cooperative stands in the middle of the southern portion of the Lower East Side and is near a whole host of long-established alternative and community-oriented cultural venues like the Abrons Art Center, Paul Taylor Dance Center and Manny Cantor Community Center; which incorporates a preschool, open art class programs and a public gym. The area’s ever-growing raft of smaller, independent art galleries can be experience using the Darta phone app, which allows users to chart their own tours of the 20 or so platforms dotted throughout the neighborhood.
Though slightly set apart from more bustling parts of downtown Manhattan, the area is still well served by reliable transportation links. The Delancey / Essex Street subway station is a transit hub with the M and J lines connecting through from the northern section of Brooklyn, and the F filtering in from the borough's western and central reaches. All four link well into other parts of Lower and Midtown Manhattan. As Young notes, there are also numerous bus lines that get residents to Union Square, as well as a ferry service from Corlears Hook to Brooklyn Bridge Park in Dumbo and then Wall Street, where passengers can transfer on to other ferries that serve Governors Island and eventually The Rockaways. The previously mentioned Essex Street Market contains a large food hall with premium food counters, cheese shops, artisanal coffee vendors, choice bakeries, farm-fresh produce stands and a Regal cinema. While a Target and cost-conscious Trader Joe’s grocery store can be found right across Grand Street, so can a much larger variety of long established, owner-operated institutions like Kossar's Bagels & Bialys and the Manousheh Grand Lebanese restaurant. As Young concludes, “What really distinguishes this neighborhood is that there are only a few chain restaurants and big-box stores.”
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Quantarium
Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
4/ 10
Biker's Paradise
Bike Score®
97/ 100
Walker's Paradise
Walk Score®
100/ 100
Rider's Paradise
Transit Score®
100/ 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.
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
Martin Luther King, Jr. Community Park
4 min walk
Trails
Little Flower Playground
5 min walk
Basketball
Picnic Area
Playground
Captain Jacob Joseph Playground
5 min walk
Basketball
Playground
Henry M. Jackson Playground
6 min walk
Basketball
Playground
Luther Gulick Playground
6 min walk
Basketball
Playground
Allen Mall One
7 min walk
Basketball
Nathan Straus Playground
7 min walk
Basketball
Playground
Sara D. Roosevelt Park
9 min walk
Forsyth Plaza
9 min walk
Schools
Source:
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