Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $550,000

· Closed January 18, 2022

Closed For Sale Co-op

$550,000

$764 per sq ft

550 GRAND Street #H8G

Lower East Side, Manhattan

HILLMAN HOUSING COR

MLS® #RLS10730590

RLS at REBNY

Listing by LoHo Realty Inc

1

Bedroom

1

Bath

720

Sq. Ft.

1948

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 720 sq ft
Year Built 1948
Ownership Co-op
Maintenance $829/mo
Parking Garage
Neighborhood Lower East Side
Floor 8 of 12

Property Highlights

  • Exposure: East facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 8 of 12
Exposure East
Pets Yes
Cross Street Lewis Street
Year Built 1948
Living Area 720 sq ft
Parking Garage Available
Parcel # 0331-0120-00550-000-0000H8G

Listing History

Event Date Price Change
Listed Jul 8, 2021 $599,000 -
Price Reduced Jan 18, 2022 $565,000 -5.7%
Currently May 4, 2026 $550,000 -2.7%

Description

Step into this sun-filled apartment and be wowed by the eastern light from EVERY ROOM! The large entry foyer and dining area leads to generously proportioned living room. For a more open layout remove the hallway wall and open the kitchen wall towards the living room. The windowed kitchen features an abundance of cabinets, stainless steel appliances, (including dishwasher), and stainless-steel wall paneling & backsplash. At the opposite end of the apartment are the king-sized bedroom and windowed bathroom. Apartment highlights include Hillmans charming, beamed ceilings (approx. 8' 6"), 3 large closets, and newly refinished hardwood, parquet floors throughout.

Co-op amenities (additional fees and wait lists may apply) include 24/7 state-of-the-art fitness center and 24/7 modern laundry room, children's playroom, private parks and playgrounds with water feature (plus use of neighboring parks/playgrounds at East River cooperative), on-site maintenance staff, community garden, composting, bike storage, parking (wait list) electronics recycling. Washers allowed. Dogs (up to 35lb. weight limit) are allowed subject to registration, fee & approval. Co-purchase, pied-a-terre and gifting are allowed. Subleasing after 2 years of ownership. Shareholder required continuing to pay base maintenance in addition to a sublet fee. Short walk to Target, Trader Joes and Regal Cinemas. Transportation: M14D, M21, & M22 buses. J, M and F trains at Delancey & Essex Streets. F train at East Broadway & Rutgers Streets.

Building Information

Financial Details

Maintenance $829/mo
Original Price $599,000
Sale Price $550,000
Previous Price $565,000

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

115

Median Asking Price

$1.29M

Median $/Sqft

$1,411

Avg Days on Market

N/A

New This Week

13

Price Reduced

29%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/4/26, 6:48 PM EST

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Location

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550 GRAND Street #H8G, Lower East Side, New York County • Near Lewis Street

Virtual Tour

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 $829 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 720 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1948, making it approximately 78 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.

At the current list price of $550,000 for 720 sq ft, the asking price per square foot is approximately $764. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10730590
First Listed: 7/8/2021
Price Changed: 1/18/2022
Closed: 1/18/2022
Contract Date: 7/8/2021

Listing Courtesy of LoHo Realty Inc - Jacob Goldman

Listing Contact: (212) 388-1115

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 5/4/2026 at 10:48 PM UTC

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