Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $705,000

· Closed January 12, 2024

550 GRAND Street #G2D
Closed For Sale Co-op

$705,000

550 GRAND Street #G2D

Lower East Side, Manhattan

HILLMAN

MLS® #RLS10929536

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

2

Bedrooms

1

Bath

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built N/A
Ownership Co-op
Maintenance $1,321/mo
Neighborhood Lower East Side
Floor 2 of 12

Property Highlights

  • Views: City
  • Climate Control: Window Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 2 of 12
View City
Cooling Window Units
Pets Yes
Structure Type HighRise
Basement Other
Parcel # 0331-0120-00550-000-0000G2D
Block/Lot 00331/0120

Listing History

Event Date Price Change
Listed Apr 14, 2023 $749,000 -
Price Reduced Jan 12, 2024 $719,000 -4.0%
Currently May 3, 2026 $705,000 -1.9%

Description

Spacious two bedroom with peaceful park views! Large living/dining with 5 window banquette. Patterned wood parquet flooring and 8'7" beamed ceilings (approx). Windowed eat-in kitchen can be opened lengthwise to the living room for those preferring a more loft-like layout. Two nicely proportioned bedrooms (one with double exposures) and lots of closets. Excellent value for a true two bedroom in the Hillman Cooperative.

Building entry on Lewis Street. F J, M, Z trains at Delancey/Essex and F at East Broadway M14A SBS stops right around the corner. Near Essex Crossing with Trader Joe's, Target, Regal Cinema, Essex Market, the Market Line and more...!Hillman co-op amenities include indoor parking - $225/month and up, 2 private gated parks with seating and playgrounds, in building laundry, gym, 24 hour security, on-site management and more... Dogs permitted subject to registration (35 lbs. max weight limit). Monthly tax abatement credit of $145.12.

Features & Amenities

Interior Features

Smoke Free Building Other

Exterior Features

Building Courtyard

Building Amenities

Common Playroom Green Building

Building Information

Building HILLMAN
Building Data View Compliance & Permits
Total Units 58
Stories 12
Structure HighRise

Financial Details

Maintenance $1,321/mo
Original Price $749,000
Sale Price $705,000
Previous Price $719,000

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, 5:38 PM EST

Similar Listings in Lower East Side

View All

Location

Loading map...

550 GRAND Street #G2D, Lower East Side, New York County

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 $1,321 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

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: 35 lbs Up to 35 Lb,Building Pets Allowed Comments:35 lbs Up to 35 Lb. 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: RLS10929536
First Listed: 5/2/2023
On Market: 4/14/2023
Price Changed: 1/12/2024
Closed: 1/12/2024
Contract Date: 5/2/2023

Listing Courtesy of 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 5/3/2026 at 9:38 PM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton