Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,080,000

· Closed August 22, 2023

550 GRAND Street #G5F
Closed For Sale Co-op

$1,080,000

550 GRAND Street #G5F

Lower East Side, Manhattan

HILLMAN

MLS® #RLS10880479

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

3

Bedrooms

2

Baths

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Year Built N/A
Ownership Co-op
Maintenance $1,744/mo
Neighborhood Lower East Side
Floor 5 of 12

Property Highlights

  • Location: Lower East Side, Manhattan
  • Property Type: Co-op

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 5 of 12
Pets Yes
Cross Street Lewis
Parcel # 0331-0120-00550-000-0000G5F

Listing History

Event Date Price Change
Listed Apr 13, 2023 $1,095,000 -
Currently May 3, 2026 $1,080,000 -1.4%

Description

Spacious move in ready three bedroom two bath home with triple exposures! Enter via a gracious foyer/seating area into the large living/dining with 5 window banquette! Exposures are east and south to sky, tree tops and LES streetscape. The opposing windowed eat in kitchen features striking black granite counters & warm wood cabinetry and looks on to a private gated park below. A suite of three as built bedrooms are located in the rear of the apartment for nice separation and privacy from the main living areas. The primary bedroom with double exposures is very nicely proportioned and features a full windowed bath with oversized walk-in shower stall. Use the inner bedroom either as its own bedroom or current use as a home office with pull out bed. The third bedroom, larger than the second, has double exposures that include downtown views. A windowed main bath in period style tiling with soaking tub rounds out the offering. 8'7" beamed ceilings and parquet strip floors grace the apartment throughout.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 $182.40.

Building Information

Financial Details

Maintenance $1,744/mo
Original Price $1,095,000
Sale Price $1,080,000
Previous Price $1,095,000

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, 6:54 PM EST

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Location

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550 GRAND Street #G5F, Lower East Side, New York County • Near Lewis

Floor Plans

Floor Plan 1

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 $1,744 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 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: RLS10880479
First Listed: 4/13/2023
Price Changed: 8/22/2023
Closed: 8/22/2023
Contract Date: 3/24/2023

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Jeremy Bolger

Listing Contact: (212) 381-6516

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 10:54 PM UTC

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