Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $458,000

· Closed October 26, 2020

550 Grand Street #J-7D
Closed For Sale Co-op

$458,000

$881 per sq ft

550 Grand Street #J-7D

Lower East Side, Manhattan

MLS® #RLS10632596

RLS at REBNY

Listing by Compass

Studio

1

Bath

520

Sq. Ft.

1945

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 520 sq ft
Year Built 1945
Ownership Co-op
Maintenance $598/mo
Parking Garage
Neighborhood Lower East Side
Floor 7 of 13

Property Highlights

  • Style: Prewar architecture
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 7 of 13
Pets Yes
Cross Street Columbia Street/Lewis Street
Year Built 1945
Living Area 520 sq ft
Parking Garage Available
Architectural Style Prewar
Block/Lot 331/120

Listing History

Event Date Price Change
Listed May 18, 2020 $458,000 -
Currently May 5, 2026 $458,000 -

Description

This Lower East Side alcove studio has bright and open views of the Williamsburg Bridge, affording beautiful light throughout the day. With a spacious, loft-like white interior, beamed ceilings and hardwood floors throughout, there is room for living, dining, kitchen and a bookcase-lined sleeping nook. Both the kitchen and bathroom are windowed, and the kitchen has good storage space while maintaining its open feeling. Closets and storage have been integrated into this home. The Hillman Housing Co-op includes private courtyard parks with seating and playgrounds, beautifully landscaped grounds, in-building laundry, gym, on-site management and 24-hour attended security. Dog-friendly (up to 35 pounds) with an easy board application (no financials), this home is close to Trader Joe's and the new Essex Market, the East River Park, Chinatown, Little Italy and the Delancey/Essex subway station. Co-purchasing, pied-a-terres and gifting are all permitted. There is an assessment of $50/month through 5/21 for elevator upgrades.

Features & Amenities

Interior Features

Dining Area Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Courtyard Building Garden

Building Information

Financial Details

Maintenance $598/mo
Sale Price $458,000

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

115

Median Asking Price

$1.29M

Median $/Sqft

$1,411

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 5/5/26, 10:38 AM EST

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Location

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550 Grand Street #J-7D, Lower East Side, New York County • Near Columbia Street/Lewis 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 $598 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 520 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1945, making it approximately 81 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.

At the current list price of $458,000 for 520 sq ft, the asking price per square foot is approximately $881. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10632596
First Listed: 5/18/2020
Price Changed: 2/5/2021
Closed: 10/26/2020
Contract Date: 5/19/2020

Listing Courtesy of Compass - Laurie Stolowitz

Listing Contact: (914) 772-4321

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 5/5/2026 at 2:38 PM UTC

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