Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
504 Grand Street #B-42
Interested in this property?
Active For Sale Co-op

$1,490,000

$876 per sq ft

504 Grand Street #B-42

Lower East Side, Manhattan

MLS® #RLS20058294

RLS at REBNY

Listing by Find Properties

3

Bedrooms

2

Baths

1,700

Sq. Ft.

1929

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,700 sq ft
Year Built 1929
Ownership Co-op
Maintenance $2,578/mo
Neighborhood Lower East Side

Property Highlights

  • Views: City
  • Exposure: East,West facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
View City
Exposure East,West
Cooling Wall Units
Pets CatsOk
Cross Street Columbia Street/Willett Street
Year Built 1929
Living Area 1,700 sq ft
Architectural Style Prewar
Structure Type None
Block/Lot 0331/0001

Listing History

Event Date Price Change
Listed Jan 6, 2025 $1,599,000 -
Currently May 4, 2026 $1,490,000 -6.8%

Description

SUBSTANTIAL PRICE REDUCTION! ONE OF THE VERY FEW OVERSIZED HOMES AT THIS PRICE POINT ON THE LOWER EAST SIDE-

This quiet and spacious flex-4 bedroom home preserves original and classic pre-war architectural details coupled with an updated kitchen. The apartment features: multiple exposures to the East and West, original hardwood flooring (some rooms preserved under carpeting) with inset Walnut border, original plaster cove ceiling (living/dining/great room), original metal window casings, a modern eat-in and windowed kitchen outfitted with a suite of stainless steel appliances and dual sinks, walk-in pantry/utility closet, built-in home office area, updated cabinetry, ample closets and storage, classic bathroom with original cast-iron tub, and a dual-exposure king sized master bedroom with ensuite bathroom.

Additionally, a windowed laundry/utility room can be updated or converted into a 4th bedroom, home office, or simply a huge walk-in storage room (90+ square feet).

Further, this home offers numerous options for the removal of walls and reconfiguration of the space, allowing for enhanced natural light and optimization of the space to suit your lifestyle. An additional bathroom may also be added. This unit is the by-product of two apartments that have been previously combined, creating one of the largest units in the cooperative.

The Amalgamated Dwellings is a 236 unit, 6 story cooperative located on Grand St on the Lower East Side. Built in 1929, this coop maintains its original art deco and European charm. The property is known for original details, including intricate plaster work, high ceilings, windowed hallways, classic European-style elevators, wide entrance archways, and its private central courtyard with fountains. Nestled amongst other much, larger coops, this property evokes a charming throwback to an earlier era.

In addition to its unique art deco attributes, the coop also features updated laundry facilities, a gym, a community room, bicycle storage, package room, 24 hour security, and on-site maintenance staff. The coop is also close to major transportation hubs (F,M,J,Z, M14A, Ferry), Trader Joes/Target, Essex Crossing, East River Park, and many restaurants and cafes.

Features & Amenities

Interior Features

Kitchen Window Pantry Building Washer Dryer Install Allowed Common Area In Unit

Exterior Features

Building Storage Building Garden

Building Amenities

Elevators

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Stories 6
Structure None
Style Prewar

Financial Details

Maintenance $2,578/mo
Original Price $1,599,000
Previous Price $1,599,000

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, 6:29 AM EST

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Location

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504 Grand Street #B-42, Lower East Side, New York County • Near Columbia Street/Willett Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1929
Year Built
97 years old
6
Floors
237
Residential Units
R7-2
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $24,639,300
Land Value: $1,845,000
Exemptions: $470,103

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 60,175 SF
Building Area: 216,200 SF
Built FAR: 3.59
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 $2,578 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 2 full bathrooms.

The listed interior living area is 1,700 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1929, making it approximately 97 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 $1,490,000 for 1,700 sq ft, the asking price per square foot is approximately $876. 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: RLS20058294
First Listed: 11/5/2025
On Market: 1/6/2025
Price Changed: 2/25/2026
Contract Date: 1/6/2025

Listing Courtesy of Find Properties - Eric Levine

Listing Contact: (917) 740-5381

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 10:29 AM UTC

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