Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,200,000

· Closed July 18, 2024

Closed For Sale Co-op

$1,200,000

$1,200 per sq ft

500 GRAND Street #C7B

Lower East Side, Manhattan

HILLMAN HOUSING COR

MLS® #RLS10990661

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

1

Bath

1,000

Sq. Ft.

1949

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 1,000 sq ft
Year Built 1949
Ownership Co-op
Maintenance $1,309/mo
Neighborhood Lower East Side
Floor 7 of 12

Property Highlights

  • Views: Bridges, City Lights, City
  • Exposure: North facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 7 of 12
View Bridges, City Lights, City
Exposure North
Pets Yes
Year Built 1949
Living Area 1,000 sq ft
Structure Type HighRise
Basement Other
Block/Lot 00331/0065

Listing History

Event Date Price Change
Listed Mar 29, 2024 $995,000 -
Currently May 3, 2026 $1,200,000 +20.6%

Description

Welcome to a realm of unparalleled luxury and sophistication in the heart of Manhattan's vibrant Lower East Side. Perched on the 7th Floor of the Hillman Coops is apartment B, meticulously crafted by an esteemed architect with precise attention to detail, this extraordinary residence pays homage to the unconventional spirit of the late Quentin Crisp, creating a true masterpiece of curated design and architectural brilliance. Bask in the glow of natural light streaming through expansive windows, offering incredible northern views of the iconic Manhattan skyline including the Williamsburg Bridge and Empire State Building.

Entering the beautifully bespoke designed home is a feast for the senses. From the satisfying continuity of gorgeous materials like the distressed herringbone-patterned hardwood floors that add a touch of timeless elegance to the space, to the custom designed and produced solid brass doorknobs to the just as chic and substantial cabinet pulls show no detail was overlooked in this apartment's redesign. Deliciously soft and custom tailored Ralph Lauren wool window treatments and custom vintage-inspired button light switches further enhance the ambiance, creating a space that is both stylish and inviting. Designer-made one-of-a-kind wallpaper treatments, pencil molding on walls and custom light fixtures play harmoniously with every well thought detail of this residence, speaking to its unparalleled craftsmanship and sophistication.

Indulge your culinary passions in the meticulously curated gourmet kitchen featuring custom blue lacquered solid wood cabinetry and architecturally designed solid brass hardware. Equipped with premium appliances including an integrated Bosch dishwasher, Liebherr refrigerator, and ILVE Majestic customized stove, this kitchen is as functional as it is stylish. Honed, black Nero Marquina countertops with contrasting white speckle glazed subway tile backsplash complete the designer kitchen.

Retreat to your own private sanctuary in the sumptuous spa-like bathrooms adorned with matte black marble mosaic floor tiles, white glazed porcelain subway tiles, and luxurious Nero Marquina marble accents. The bespoke design extends to the custom glass linen cabinet, seamlessly integrating a washer dryer and built-in electric outlets for utmost hidden convenience and elegance.

Your corner king sized primary bedroom has two windows featuring Empire State building views and evening light. The second bedroom is large enough to fit a queen sized bed and enjoys western light and views. Retreating to the bedroom wing of the apartment is a privilege - which is complete with a bedroom sized, electrified and fully customized walk-in closet.

The Hillman Coops are comprised of 12-story brick buildings that comprise the Hillman cooperative, situated around private courtyard parks and beautifully landscaped grounds. Each of the three buildings, built between 1948 and 1950, has 3 sections with separate lobbies and elevator banks. Amenities include additional central laundry in each building, planted front courtyards, 24-hour manned security, and a private gated park with a playground. Recent renovations, including double-paned Traco windows and meticulously renovated lobby and halls. Residents also benefit from access to a fully equipped gym and on-site management office.

Features & Amenities

Interior Features

Smoke Free Building Other Washer Hookup In Unit

Exterior Features

Building Courtyard

Building Amenities

Common Playroom

Building Information

Financial Details

Maintenance $1,309/mo
Original Price $995,000
Sale Price $1,200,000
Previous Price $995,000

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 #C7B, Lower East Side, New York County

Virtual Tour

Floor Plans

Floor Plan 1

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 $1,309 per month. Confirm the exact amount with the listing broker before making an offer.

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.

At the current list price of $1,200,000 for 1,000 sq ft, the asking price per square foot is approximately $1,200. 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: RLS10990661
First Listed: 3/29/2024
On Market: 3/29/2024
Price Changed: 7/18/2024
Closed: 7/18/2024
Contract Date: 3/25/2024

Listing Courtesy of Douglas Elliman Real Estate - Jeffrey Silverstein

Listing Contact: (917) 686-3774

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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