Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $749,000

· Closed September 26, 2012

550 GRAND Street #1
Closed For Sale Condo

$749,000

$472 per sq ft

550 GRAND Street #1

Williamsburg, Brooklyn

MLS® #RLS10059204

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2

Baths

1,587

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,587 sq ft
Year Built 1920
Ownership Condo
HOA/Common Charges $426/mo
Property Taxes $2,412/yr
Neighborhood Williamsburg
Floor 1 of 4

Property Highlights

  • Exposure: South facing
  • Outdoor Space: Building Terrace
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 1 of 4
Exposure South
Cooling Central Air
Pets Yes
Cross Street Union Avenue & Lorimer Street
Year Built 1920
Living Area 1,587 sq ft
Architectural Style Prewar
Parcel # 02785-1102

Listing History

Event Date Price Change
Listed Oct 3, 2016 $749,000 -
Currently Apr 26, 2026 $749,000 -

Description

The Quintessential Duplex Loft with Backyard!!!! 550 Grand Street welcomes you to the neighborhood with wide open arms. Offering a fresh, creative approach to living, keeping you and the environment in mind. Different style for different taste, this 6 unit boutique building has thrown the cookie cutter away. Simply put, finally there is a real creative condo building in Brooklyn where each unit is designed differently. Soundly situated in the lively, energetic heart of Williamsburg in arms reach of local flavorful eateries, shops, cafes, and the Lorimer Street L train. Enter the building and take a deep breath knowing you are surrounded by environmentally conscious elements including beautiful bamboo floors, energy star appliances, and sustainable heating and cooling. This spacious curvy duplex boasts striking features including stainless steel appliances, exposed brick columns, stonewalls and blends of classic & modern finishes creates a truly unique home. A sense of light and air fills the space with Southern exposure through over-sized windows will brighten your everyday from morning until night. Enjoy a great home cooked meal in your chef's kitchen or walk outside to your private back yard and soak in the sunshine.

Features & Amenities

Interior Features

Eat In Kitchen Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Garden Building Terrace

Building Information

Building Data View Compliance & Permits
Total Units 6
Stories 4
Style Prewar

Financial Details

Common Charges $426/mo
RE Taxes $2,412/yr ($201/mo)
Sale Price $749,000

Williamsburg is the global face of Brooklyn's cultural and residential renaissance. Defined by its stunning waterfront parks and the iconic L-train connection to Manhattan, the neighborhood offers a high-energy lifestyle. The real estate market is dominated by sleek, glass-walled luxury condominiums along the East River, alongside historic warehouse conversions and boutique new developments that cater to a wide range of buyers and renters.

Williamsburg Live Market Data

View Neighborhood

Active Listings

188

Median Asking Price

$1.99M

Median $/Sqft

$1,644

Avg Days on Market

N/A

New This Week

16

Price Reduced

10%

Sold (30 Days)

26

Median Sale Price

$1.41M

Live data from RLS at REBNY • Updated 4/26/26, 9:39 AM EST

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Location

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550 GRAND Street #1, Williamsburg, Kings County • Near Union Avenue & Lorimer Street

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

4
Floors
6
Residential Units
R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $1,286,102
Land Value: $42,751
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 7,102 SF
Built FAR: 2.84
Allowed FAR: 4

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 common charges are $426 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $2,412, or roughly $201 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,587 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

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

At the current list price of $749,000 for 1,587 sq ft, the asking price per square foot is approximately $472. 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: RLS10059204
First Listed: 10/3/2016
Closed: 9/26/2012
Contract Date: 3/6/2011

Listing Courtesy of The Corcoran Group - Chris Cavorti

Listing Contact: (914) 804-7091

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 4/26/2026 at 1:39 PM UTC

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