Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $525,000

Listed at $535,000 · Sold 1.9% below asking · Closed November 9, 2023

500 Grand Street #B7G
Closed For Sale Co-op

$535,000

500 Grand Street #B7G

Lower East Side, Manhattan

Hillman Co-Op

MLS® #RLS10945355

RLS at REBNY

Listing by Level Group Inc

1

Bedroom

1

Bath

N/A

Sq. Ft.

1947

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Lot Size 92,400 sq ft
Year Built 1947
Ownership Co-op
Maintenance $950/mo
Parking Garage
Neighborhood Lower East Side
Floor 7 of 12

Property Highlights

  • Exposure: West facing
  • Style: Prewar architecture
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 7 of 12
Exposure West
Pets Yes
Year Built 1947
Parking Garage Available
Architectural Style Prewar
Structure Type None
Furnished Unfurnished
Lot Size 92,400 sq ft
Block/Lot 00331/0065

Listing History

Event Date Price Change
Listed Aug 3, 2023 $535,000 -
Currently May 3, 2026 $535,000 -

Description

Limited showings – tenant in place. Welcome home to this true one bedroom apartment! A large foyer leads to a spacious living room, followed by the dining room with a separate windowed kitchen. The king sized bedroom is separated from the living area by a long hallway allowing for maximum privacy. Additional features include large, windowed bathroom, ample closet space, hardwood floors and high, beamed ceilings. This home has beautiful light all day, and overlooks a tree lined street. Building’s amenities include 24/7 on-site security, laundry room, private garden with a playground. The complex’s gym and bike room are available for additional fees. The building is just a brief walk from M, F, Z trains, Essex Market, Trader Joe’s, Target, and CVS.

Features & Amenities

Interior Features

Elevator Kitchen Window Storage Common On Floor Common Area Laundry Room

Exterior Features

Building Courtyard Courtyard

Building Information

Building Hillman Co-Op
Building Data View Compliance & Permits
Total Units 258
Stories 12
Structure None
Style Prewar

Financial Details

Maintenance $950/mo
Sale Price $525,000

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

113

Median Asking Price

$1.27M

Median $/Sqft

$1,407

Avg Days on Market

N/A

New This Week

11

Price Reduced

29%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/3/26, 3:57 PM EST

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Location

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500 Grand Street #B7G, 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 $950 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 1947, making it approximately 79 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: RLS10945355
First Listed: 8/3/2023
On Market: 8/3/2023
Price Changed: 8/3/2023
Closed: 11/9/2023
Contract Date: 8/3/2023

Listing Courtesy of Level Group Inc - Alina Furer

Listing Contact: (917) 414-8240

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 5/3/2026 at 7:57 PM UTC

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