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550 Grand Street H1BNew York, NY 10002

For Sale

$589,000

Smart Buyer Rebate $2,225

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**Beautifully Renovated 1-Bedroom on the Lower East Side!**

Welcome to this thoughtfully updated home located in one of Manhattan’s most vibrant neighborhoods. A spacious foyer opens into a generously sized living room, separate dining area, and a true cook’s kitchen — perfect for both everyday living and entertaining.

The windowed kitchen is outfitted with an abundance of wooden cabinetry, sleek quartz countertops, and a full suite of stainless-steel appliances, including a dishwasher.

A frosted glass door leads to the renovated bathroom, featuring classic white subway tile, recessed shelving in the bathtub/shower, a new vanity and sink, oversized mirrored medicine cabinet, and a window for natural light.

The king-sized bedroom enjoys double exposures (east and north), a large walk-in closet, and room to relax or work from home.

Additional highlights include:
• 8’6” ceilings
• Solid wood plank flooring throughout
• Elegant glass doorknobs and updated light fixtures
• Updated baseboards
• Two additional large closets

This home blends modern upgrades with classic post-war charm — a true gem in the heart of the Lower East Side!

Co-op amenities (additional fees and wait lists may apply) include 24/7 state-of-the-art fitness center and 24/7 modern laundry room, children’s playroom, private parks and playground, on-site super & maintenance staff, community garden, composting, bike storage, parking, electronics recycling & clothing donation. Washers/dryers allowed with management approval. Dogs (up to 35lb. weight limit) are allowed subject to registration, fee & approval. Co-purchase, pied-a-terre and gifting are allowed. Subleasing after 2 years of ownership. Short walk to Target, Trader Joes, Essex Market, Regal Cinemas & more! Transportation: M14A, M14D, M21, & M22 buses. J, M and F trains at Delancey & Essex Streets. F train at East Broadway & Rutgers Streets.

Listed by Jacob J Goldman

·

LoHo Realty Inc

·

(212) 388-1115

Last updated October 24, 2025

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Source: REBNY #RLS20054989

Listing Facts

  • TypeCo-op
  • NeighborhoodCooperative Village
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu8
  • HOA/Maint. Fees$1,080/month
  • Size750 sqft
  • Price per sqft$785

Location

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Listing History

10/16/2025
Listed by LoHo Realty Inc
$589,000

Estimated Closing Costs

Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $589,000 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 550 Grand Street H1B

Association

Amenities

  • Pets Allowed: Building Size Limit, No

Fees

  • Association Fee: $1,080.00 Monthly

Financial

  • Flip Tax Remarks: Call Listing Agent

Exterior

Construction

  • Number Of Units Total: 533
  • Stories Total: 12
  • Structure Type: Multi Family
  • Year Built: 1949

Features

  • Building Features: Elevator(s)

Measurements

  • Building Area Total: 129
  • Building Area Units: SquareFeet
  • Lot Size Area: 129,224
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 0331-0120-00550-000-0000H1B

Interior

Measurements

  • Living Area: 750
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Rooms Total: 3

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Lower East Side
  • Tax Block: 331
  • Tax Lot: 120

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.