Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $525,000

· Closed September 11, 2025

550 GRAND Street #H5G
Closed For Sale Co-op

$525,000

550 GRAND Street #H5G

Lower East Side, Manhattan

Hillman Housing Corporation

MLS® #RLS20008341

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

1

Bedroom

1

Bath

N/A

Sq. Ft.

1945

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1945
Ownership Co-op
Maintenance $1,050/mo
Neighborhood Lower East Side
Floor 5 of 12

Property Highlights

  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 12
Cooling Other
Pets Yes
Year Built 1945
Structure Type HighRise
Basement Other
Parcel # 0331-0120-00550-000-0000H5G
Block/Lot 01824/0016

Listing History

Event Date Price Change
Listed Mar 11, 2025 $595,000 -
Price Reduced Jun 4, 2025 $549,000 -7.7%
Currently May 1, 2026 $525,000 -4.4%

Description

Triple mint renovated one bedroom with sunny eastern exposures! Open modern windowed kitchen, expanded fully redone bathroom, lots of closets, and new wood floors throughout. Nicely proportioned bedroom, with two east facing windows, can easily accommodate a king or queen size bed.

Hillman co-op amenities include 2 private gated parks with seating and playgrounds, indoor parking (waitlisted)- $225/month and up, bike storage (waitlisted), in building laundry, gym, 24 hour security and on-site management. 550 Grand building entry on Lewis Street. F J, M, Z trains at Delancey/Essex and F at East Broadway. M14A SBS stop by within 1 block. Nearby Essex Crossing with Trader Joe's, Target, Regal Cinema, Essex Market, and more! Dogs permitted subject to registration (35 lbs. max weight limit).

Features & Amenities

Interior Features

Building Other

Exterior Features

Building Courtyard Private Outdoor Space Under60 Sqft

Building Amenities

Common Playroom Storage

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $1,050/mo
Original Price $595,000
Sale Price $525,000
Previous Price $549,000

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, 12:51 PM EST

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Location

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550 GRAND Street #H5G, 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
525
Residential Units
R7-2
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $33,624,450
Land Value: $6,300,000
Exemptions: $961,881

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

Lot Area: 129,224 SF
Building Area: 532,006 SF
Built FAR: 4.12
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 $1,050 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 1945, making it approximately 81 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: 35 lbs Up to 35 Lb,Building Pets Allowed Comments:35 lbs Up to 35 Lb. 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: RLS20008341
First Listed: 3/11/2025
On Market: 3/11/2025
Price Changed: 6/4/2025
Closed: 9/11/2025
Contract Date: 3/11/2025

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Jeremy J Bolger

Listing Contact: (212) 381-6516

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 4:51 PM UTC

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