Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $478,000

· Closed August 16, 2022

500 GRAND Street #7D
Closed For Sale Co-op

$478,000

500 GRAND Street #7D

Lower East Side, Manhattan

HILLMAN HOUSING COR

MLS® #RLS10790166

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

N/A

Sq. Ft.

1949

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1949
Ownership Co-op
Maintenance $643/mo
Neighborhood Lower East Side
Floor 7 of 12

Property Highlights

  • Location: Lower East Side, Manhattan
  • Property Type: Co-op
  • Built: 1949

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 7 of 12
Pets Yes
Cross Street EAST BROADWAY and EAST BROADWAY
Year Built 1949

Listing History

Event Date Price Change
Listed Mar 24, 2022 $500,000 -
Price Reduced Aug 17, 2022 $485,000 -3.0%
Currently May 4, 2026 $478,000 -1.4%

Description

Take in the scenic views from this renovated and spacious two room alcove studio in the heart of the Lower East Side. This lovely home overlooks Hillman Gardens and has open protected skyline views of Manhattan, Brooklyn and the East River! Solid Harwood floors and oversize windows throughout with tons of closet and storage space, this apt is situated very nicely with a Queen size Murphy Bed in the Livingroom. There is also and alcove space that would make a nice office/desk/changing room! The windowed, eat in kitchen is quite large and has tons of storage and counterspace. The wall between the kitchen and living room can easily be opened up creating a nice open space with excellent sight lines of the gorgeous view. The renovated bath has a nice view of the Empire State Building from its extra large window.Where else can you find maintenance this low and be loaded with this many amenities? This Elevator building is part of Hillman Co-ops along the ultra trendy Grand Street! The amenities are spot on with its large private courtyard and playground, herb and vegetable garden, central laundry room, dog run, bike storage and private storage and brand new 24/7 fitness center Co-purchase, pied-a-terre and gifting are allowed. Subleasing after 2 years of ownership. Short walk to the Doughnut Plant, Kossar's, Essex Market, Metro Acres Market, Target, Trader Joes, The Gutter, Regal Cinemas and more! Short walk to M14D, M21, & M22 buses. J/M/Z and F trains at Delancey & Essex Streets. F train at East Broadway & Rutgers Streets

Building Information

Financial Details

Maintenance $643/mo
Original Price $500,000
Sale Price $478,000
Previous Price $485,000

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

9

Price Reduced

29%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/4/26, 9:14 AM EST

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Location

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500 GRAND Street #7D, Lower East Side, New York County • Near EAST BROADWAY and EAST BROADWAY

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 $643 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

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.

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: RLS10790166
First Listed: 3/24/2022
Price Changed: 8/17/2022
Closed: 8/16/2022
Contract Date: 3/21/2022

Listing Courtesy of Douglas Elliman Real Estate - Scott Hockens

Listing Contact: (917) 520-6544

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 5/4/2026 at 1:14 PM UTC

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