Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $489,000

· Closed September 23, 2016

550 Grand Street #D
Closed For Sale Co-op

$489,000

550 Grand Street #D

Lower East Side, Manhattan

MLS® #RLS10036656

RLS at REBNY

Listing by New York Living Solutions

Studio

1

Bath

N/A

Sq. Ft.

1949

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1949
Ownership Co-op
Maintenance $550/mo
Neighborhood Lower East Side
Floor 10

Property Highlights

  • Views: City

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths null Full
Floor 10
View City
Pets Yes
Cross Street Lewis Street/Columbia Street
Year Built 1949

Listing History

Event Date Price Change
Listed May 11, 2016 $489,000 -
Currently May 9, 2026 $489,000 -

Description

Rarely available junior one bedroom on a high, light filled floor. The kitchen wall has been removed to expand the living area and allow for great entertaining. A thoughtful renovation created a private sleep area which accommodates a queen size bed, dresser, and chair, with elegant, warm LED lighting. Storage was not compromised as the design incorporated three closets (1) walk-in, (2) laundry (a washer can be installed), (3) hall/coat closet all framed with crisp shaker doors. The electric has been upgraded with Lutron Dimmers which allow you to soften lights as needed. The large kitchen includes a full size refrigerator and full size dishwasher. Beautiful hardwood floors and beamed ceiling add warmth and charm, to the crisp European lines. Very low monthly maintenance.

Amenities include 24 hour security, fully equipped gym, 2 private parks with playgrounds, and in-building laundry. Dogs (35lb weight limit) allowed subject to building registration and approval. Co-purchase, pied-a-terre and gifting acceptable. Co-op board does not require financial documentation but does perform credit & criminal background checks. Convenient to F/J/M/Z trains. Buses M22, M14 M21. (F train at East Broadway and Delancey) M22 bus cross town to World Financial Center.





Features & Amenities

Interior Features

Common Area

Financial Details

Maintenance $550/mo
Sale Price $489,000

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

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)

6

Median Sale Price

$1.15M

Live data from RLS at REBNY • Updated 5/9/26, 2:06 PM EST

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Location

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550 Grand Street #D, Lower East Side, New York County • Near Lewis Street/Columbia Street

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 $550 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: RLS10036656
First Listed: 5/11/2016
Closed: 9/23/2016
Contract Date: 5/10/2016

Listing Courtesy of New York Living Solutions - Michael Turner

Listing Contact: (212) 838-3700

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 5/9/2026 at 6:06 PM UTC

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