Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $499,000

· Closed August 19, 2013

550 GRAND Street #J3B
Closed For Sale Co-op

$499,000

550 GRAND Street #J3B

Lower East Side, Manhattan

HILLMAN

MLS® #RLS10002034

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

2

Bedrooms

2

Baths

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built N/A
Ownership Co-op
Maintenance $848/mo
Neighborhood Lower East Side

Property Highlights

  • Exposure: East,North facing
  • New Construction: Brand new building

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths null Full
Exposure East,North
Pets Yes
Cross Street Lewis
Parcel # 0331-0120-00550-000-0000J3B

Listing History

Event Date Price Change
Listed Mar 21, 2013 $499,000 -
Currently May 10, 2026 $499,000 -

Description

Excellent space and value. Windowed eat-in kitchen can be opened lengthwise to the living room for those preferring a more loft-like feel. Two real bedrooms (one with double exposures), windowed bath and lots of closets. 8'7" beamed ceilings (approx) and parquet strip wood floors throughout. Come make this home your own. Steps to East River Park with tennis courts, ball fields, running track and esplanade. Four city bus lines within a block. F,J,M&Z trains at Delancey/Essex. In buidling playroom and laundry, private gated park with playground, fully equipped gym in neighboring building. Call or email today for a private showing.

Building Information

Financial Details

Maintenance $848/mo

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)

5

Median Sale Price

$1.15M

Live data from RLS at REBNY • Updated 5/9/26, 11:40 PM EST

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Location

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550 GRAND Street #J3B, Lower East Side, New York County • Near Lewis

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 $848 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

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: RLS10002034
First Listed: 3/21/2013
Closed: 8/19/2013

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 5/10/2026 at 3:40 AM UTC

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