BuySellBlogBrowse Listings

504 Grand Street B42New York, NY 10002

For Sale

$1,599,000

Smart Buyer Rebate $19,988

PRICE REDUCED. 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.

Listed by Eric Levine

·

License #10401241840

·

Level Group Inc

·

(917) 740-5381

Last updated September 07, 2025

·

Source: REBNY #RLS11027256

Listing Facts

  • TypeCo-op
  • NeighborhoodCooperative Village
  • Bedrooms4
  • Bathrooms2
  • Days on Prevu247
  • HOA/Maint. Fees$2,261.81/month

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

07/10/2025
Price Decreased
$1,599,000
03/20/2025
Price Decreased
$1,675,000
01/17/2025
Status changed to Active
$1,750,000
01/16/2025
Status changed to Removed from Feed
$1,750,000
01/06/2025
Listed by Level Group Inc
$1,750,000

Estimated Closing Costs

Total
$25,490
Attorney Fees
$4,000
NYC Mansion Tax
$15,990
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,599,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 504 Grand Street B42

Association

Amenities

  • Concierge: Lobby Attendant Yes

Fees

  • Association Fee: $2,261.81 Monthly

Financial

  • Flip Tax: 15.0%
  • Flip Tax Remarks: Seller Pays. 15% Of Net Sales Profit (Sale Price Minus Purchase Price)

Compensation

Commissions

  • Buyer Agency Compensation: 2.5Percent

Exterior

Construction

  • Number Of Units Total: 237
  • Property Condition: Average Condition
  • Stories Total: 6
  • Structure Type: High Rise
  • Year Built: 1929
  • Building Name: Amalgamated Dwellings

Features

  • Direction Faces: West

Measurements

  • Building Area Total: 216,200
  • Building Area Units: SquareFeet
  • Lot Size Area: 60,175
  • Lot Size Dimensions: 200
  • Lot Size Units: SquareFeet

Interior

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Rooms Total: 8

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Lower East Side
  • Tax Block: 00331
  • Tax Lot: 0001

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Steam
  • Has Heating: Yes
  • Laundry Features: Common Area, Laundry Room, In Unit

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.