Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $850,000

· Closed October 5, 2016

500 GRAND Street #A12C
Closed For Sale Co-op

$850,000

500 GRAND Street #A12C

Lower East Side, Manhattan

HILLMAN HOUSING COR

MLS® #RLS10013190

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1949

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1949
Ownership Co-op
Maintenance $1,037/mo
Neighborhood Lower East Side

Property Highlights

  • Exposure: East,West facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths null Full
Exposure East,West
Pets Yes
Cross Street EAST BROADWAY and EAST BROADWAY
Year Built 1949

Listing History

Event Date Price Change
Listed Jun 8, 2016 $829,000 -
Currently May 9, 2026 $850,000 +2.5%

Description

Extra large layout with windowed eat-in kitchen, dining foyer, windowed bath, and two nicely proportioned bedrooms! Removal of interior living room and kitchen walls creates one huge loft-like space with double exposures for those preferring a more open plan. Beautifully refinished parquet floors throughout as well as 8'7" beamed ceilings. Coop amenities include 24 hour attended security, fully equipped gym, in building laundry, private gated park with mature trees, seating and playgrounds and on site management & maintenance. 3 blocks to fully redone East River Park with ball fields, tennis courts, running track and esplanade. M14A bus right outside or F,J,M and Z trains at Delancey/Essex. Dogs permitted subject to registration (35 lbs. max weight limit). The current requirements as of May 2016 is that Hillman co-op permits subleasing after 2 years of ownership. Additional monthly fee is 75% of maintenance for the first five years, 100% of maintenance for years six and beyond. All subleases are subject to board approval.

Building Information

Financial Details

Maintenance $1,037/mo
Original Price $829,000
Sale Price $850,000
Previous Price $829,000

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

116

Median Asking Price

$1.30M

Median $/Sqft

$1,400

Avg Days on Market

N/A

New This Week

10

Price Reduced

28%

Sold (30 Days)

6

Median Sale Price

$1.15M

Live data from RLS at REBNY • Updated 5/9/26, 2:06 PM EST

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Location

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500 GRAND Street #A12C, Lower East Side, New York County • Near EAST BROADWAY and EAST BROADWAY

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 $1,037 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms 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: RLS10013190
First Listed: 6/8/2016
Price Changed: 10/6/2016
Closed: 10/5/2016
Contract Date: 6/8/2016

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Neal Young

Listing Contact: (212) 381-6510

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 5/9/2026 at 6:06 PM UTC

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