The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$409,000
550 Grand St Apt J8D
New York, NY, 10002
View more New York, NY property pagesStudioBeds
1Baths
500Sqft
$818$/sqft
Market Insights
Above nearby median+8.6%
$818/sqft vs a nearby median of $753/sqft.
Nearby median$753/sqft
Nearby properties8
Property size500 sqft
- +8.6% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 500 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$341k$321k – $361k · 82% confidence
vs ask $409k+$68k (+16.6%)
Asking price is about 16.6% above where comps + adjustments land — there is room to negotiate.
$753/sqft median across 7 tight comps × 500 sqft= $377k
- Open Class C HPD violations−$23k −6.0%
- Days-on-market gravity−$11k −3.0%
- Visible condition issues−$4k −1.0%
- Transit access+$2k +0.5%
Cumulative NYC adjustments−$36k−9.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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Listing Details
- Days on market
- 356 days
- Last price change
- No change recorded
- Listed
- May 21, 2025
- Photos
- 20 photos
- Property type
- coop
- Status
- for sale
Photos
Building Facts
- Year built
- 1949
- Stories
- 12
- Total units
- 533
- Residential units
- 525
- Building area
- 12.21 ac
- Lot size
- 2.97 ac
- Land use
- Multi-family elevator buildings
- Building class
- D4
From NYC public records where available.
Price History
May 4, 2026Initial record
$409,000for sale
Public Records
DOB violations2 open
8 total recorded against the building
HPD violations108 open
13 class C (immediately hazardous)
ACRIS documents502
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)30,713
Top: noise - residential
Top complaint types in ZIP 10002
- Noise - Residential3,934
- Illegal Parking3,286
- Noise - Commercial2,917
- Noise - Street/Sidewalk1,993
- HEAT/HOT WATER1,752
Recent DOB
- Feb 22, 2024V-DOB VIOLATION - ACTIVE · FISPNRF-NO REPORT AND / OR LATE FILING (FACADE) FACADE REQUIRED
- Dec 22, 2021V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
- Dec 22, 2021V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
- Dec 22, 2021V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
Recent HPD
- Nov 22, 2024Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Nov 22, 2024Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Sep 10, 2024Class B · § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT SOUTH WALL IN THE 1st ROOM FROM EAST AT NORTH LOCATED AT APT 1F, 2nd STORY, ...
- Sep 10, 2024Class B · § 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT SOUTH WALL IN THE 1st ROOM FROM EAST AT NORTH LOCATED AT APT 1F, 2nd STORY, 1st APARTME...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.