Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $830,000

Listed at $875,000 · Sold 5.1% below asking · Closed July 17, 2024

500 Grand Street #C5A
Closed For Sale Co-op

$875,000

$875 per sq ft

500 Grand Street #C5A

Lower East Side, Manhattan

MLS® #RLS10989177

RLS at REBNY

Listing by LoHo Realty Inc

2

Bedrooms

1

Bath

1,000

Sq. Ft.

1949

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 1,000 sq ft
Lot Size 92,400 sq ft
Year Built 1949
Ownership Co-op
Maintenance $1,382/mo
Neighborhood Lower East Side

Property Highlights

  • Exposure: North,West facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Exposure North,West
Pets SizeLimit
Year Built 1949
Living Area 1,000 sq ft
Structure Type MultiFamily
Lot Size 92,400 sq ft
Parcel # 0331-0065-00500-000-0000C5A
Block/Lot 331/65

Listing History

Event Date Price Change
Listed Aug 11, 2023 $875,000 -
Price Reduced Jan 10, 2024 $879,000 +0.5%

Description

**All Sunday Open Houses by appointment ONLY. CO-BROKERS MUST BE PRESENT!** This stunning fully renovated 2 bedroom / 1 Bath is turnkey and move in ready. The unit boasts a modernized open floorplan, natural light throughout, high beamed ceiling, hardwood floors, double exposure to the West and South, quiet tree-lined street, and adjacent to the brand-new Luther Gulick Park. The home features a spacious open floorplan with a large living area, chef’s kitchen with top-of-the-line custom made Italian kitchen cabinets, quartz countertops, backsplash, and waterfall island, high-end stainless-steel appliances, large 30-inch sink, under cabinet lights, and a large pull out pantry. This unique apartment has been thoughtfully designed to allow for maximum storage space. There are closets in the entryway foyer, two additional oversized custom Italian closets in the hallways, and custom Italian closets in both bedrooms. The bathroom includes top of the line designer tiles from Italy and top of the line fixtures such as Toto modern toilet and Hans Grohe faucet and shower system. The bathroom includes an Italian bathroom vanity, premium shower doors, and built-in shower niche. Hillman coops have a more intimate feel than their surrounding buildings with security outside the building, a well-equipped fitness center in the complex, laundry room downstairs, 2 private keyed landscaped parks with playgrounds, on-site management and maintenance staff, Cats/Dogs permitted subject to registration (35lbs max weight limit), with easy access to the newly restored Luther Gulick park. Indoor garage parking $225 per month available to shareholders (waitlist may apply), bike room. 5-10 Minute walk to the F/M/J/Z Delancey Essex street subway stop, M14A bus, Essex Market, The Market Line, Trader Joes, CVS, Target, Regal Cinema, The Gutter bowling alley, the East River waterfront and an incredible lively and community driven neighborhood with some of the city’s best dining, green markets and parks.

Features & Amenities

Interior Features

Building In Basement

Building Information

Building Data View Compliance & Permits
Total Units 263
Stories 12
Structure MultiFamily

Financial Details

Maintenance $1,382/mo
Sale Price $830,000
Previous Price $879,000

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, 10:38 AM EST

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Location

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500 Grand Street #C5A, Lower East Side, New York County

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 $1,382 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 1,000 square feet. Verify dimensions independently during due diligence.

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.

Pet policy requires confirmation with the listing broker. Additional notes: Call Listing Agent,Building Pets Allowed Comments:Call Listing Agent

At the current list price of $875,000 for 1,000 sq ft, the asking price per square foot is approximately $875. 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: RLS10989177
First Listed: 8/11/2023
On Market: 8/11/2023
Price Changed: 1/10/2024
Closed: 7/17/2024
Contract Date: 8/8/2023

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 5/3/2026 at 2:38 PM UTC

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