Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $500,000

· Closed October 6, 2025

500 GRAND Street #B3B
Closed For Sale Co-op

$500,000

500 GRAND Street #B3B

Lower East Side, Manhattan

Hillman Housing Corporation

MLS® #RLS20016515

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1

Bath

N/A

Sq. Ft.

1949

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1949
Ownership Co-op
Maintenance $1,079/mo
Neighborhood Lower East Side
Floor 3 of 12

Property Highlights

  • Views: Other
  • Exposure: West facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 3 of 12
View Other
Exposure West
Pets Yes
Year Built 1949
Structure Type HighRise
Basement Other
Block/Lot 00331/0065

Listing History

Event Date Price Change
Listed Apr 15, 2025 $525,000 -
Price Reduced Oct 6, 2025 $499,000 -5.0%
Currently May 1, 2026 $500,000 +0.2%

Description

This spacious, sunlit, and beautifully proportioned one-bedroom easily converts into a two-bedroom or home office setup. It's bright and airy with natural light and northern and western exposures. Special features include a king-sized bedroom, lovely treetop views, excellent storage and closets, and gorgeously refinished hardwood floors. The sun-filled, windowed eat-in kitchen is spacious and functional, featuring generous cabinetry and large counter space. A fully renovated, windowed bathroom adds a modern and clean feel.

Residents of the Hillman Cooperative enjoy an array of desirable amenities, including 18-hour attending security, on-site management, two gated private parks, an in-building laundry playroom, a fitness center, and a bike room. Dogs weighing up to 35 lbs are welcome with registration.
Hillman cooperative is situated in a prime Lower East Side location, close to the F, M, J, and Z trains at Delancey/Essex, plus Essex Market, Trader Joe's, Target, CVS, and the M14A bus

Features & Amenities

Interior Features

Building Other

Exterior Features

Building Courtyard Private Outdoor Space Under60 Sqft

Building Amenities

Common Playroom

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $1,079/mo
Original Price $525,000
Sale Price $500,000
Previous Price $499,000

The Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.

Lower East Side Live Market Data

View Neighborhood

Active Listings

110

Median Asking Price

$1.28M

Median $/Sqft

$1,400

Avg Days on Market

N/A

New This Week

9

Price Reduced

30%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/1/26, 11:44 AM EST

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Location

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500 GRAND Street #B3B, Lower East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1949
Year Built
77 years old
12
Floors
258
Residential Units
R7-2
Zoning District
Elevator Apartments NYC Landmark

Tax & Assessment

Assessed Value: $19,659,600
Land Value: $6,300,000
Exemptions: $571,108

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 92,400 SF
Building Area: 299,510 SF
Built FAR: 3.24
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,079 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1949, making it approximately 77 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20016515
First Listed: 4/15/2025
On Market: 4/15/2025
Price Changed: 10/6/2025
Closed: 10/6/2025
Contract Date: 4/15/2025

Listing Courtesy of Corcoran Group - Abigail Perlman

Listing Contact: (917) 399-4496

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 3:44 PM UTC

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