Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

550 Grand Street #G3E
Interested in this property?
Pending For Sale Co-op

$850,000

$842 per sq ft

550 Grand Street #G3E

Lower East Side, Manhattan

MLS® #RLS11016511

RLS at REBNY

Listing by Compass

2

Bedrooms

1

Bath

1,010

Sq. Ft.

1949

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 1,010 sq ft
Year Built 1949
Ownership Co-op
Maintenance $1,466/mo
Parking Garage
Neighborhood Lower East Side
Floor 1 of 12

Property Highlights

  • Exposure: South,West facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 1 of 12
Exposure South,West
Pets Yes, CatsOk, DogsOk
Year Built 1949
Living Area 1,010 sq ft
Parking Garage Available
Parking Features Garage
Structure Type MultiFamily
Furnished Unfurnished
Parcel # 0331-0120-00550-000-0000G3E
Block/Lot 00331/0120

Listing History

Event Date Price Change
Listed Oct 18, 2024 $850,000 -
Currently Jul 3, 2026 $850,000 -

Description

Lower East Side Gem! Welcome to this bright and spacious 2 bedroom corner home! The gracious sun-filled living room offers ample space for living and entertaining. The well-proportioned bedrooms, high-beamed ceilings, and abundant closets resemble in character and charm prewar architecture. The windowed kitchen has been updated with white lacquered cabinets offering ample amounts of counter and storage space for all of your culinary needs. Additional features of the home are an updated bathroom with a south-facing window and in-unit washer / dryer. Hillman co-op's list of amenities includes fitness center, children's playroom, bike storage, laundry room, wood workshop, private park, dog park, on-site super, maintenance staff, and 24 hour attended security, Building entry is located on Lewis Street. F J, M, Z trains at Delancey/Essex and F at East Broadway. Bus M14A - SBS stops right around the corner. You will enjoy being conveniently close to Essex Crossing with Trader Joe’s, Target, Regal Cinema, the versatile and vibrant Essex Market, and more! Please note, while this is a pet friendly building, dogs up to 35 lbs are permitted.

Features & Amenities

Interior Features

Walk In Closets Building Washer Dryer Install Allowed Common On Floor Common Area

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Total Units 79
Stories 12
Structure MultiFamily

Financial Details

Maintenance $1,466/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

127

Median Asking Price

$1.10M

Median $/Sqft

$1,375

Avg Days on Market

N/A

New This Week

2

Price Reduced

29%

Sold (30 Days)

6

Median Sale Price

$969K

Live data from RLS at REBNY • Updated 7/2/26, 11:18 PM EST

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Location

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550 Grand Street #G3E, Lower East Side, New York County

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 $1,466 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 1,010 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $850,000 for 1,010 sq ft, the asking price per square foot is approximately $842. 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 [email protected]. 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: RLS11016511
First Listed: 10/18/2024
On Market: 10/18/2024
Pending Since: 11/22/2024
Contract Date: 10/8/2024

Listing Courtesy of Compass - Margarita Podolej

Listing Contact: (917) 325-7077

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 7/3/2026 at 3:18 AM UTC

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