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for saleRealtyLens property overview
$575,000
550 Grand St Apt H1B
New York, NY, 10002
View more New York, NY property pages1Beds
1Baths
750Sqft
$767$/sqft
Listing Notes
**All appointments - including Sunday Open Houses - are by appointment only. If you are working with another agent, that agent needs to reach out to make the appointment and is required to be present** **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.
Market Insights
Near nearby median+0.9%
$767/sqft vs a nearby median of $760/sqft.
Nearby median$760/sqft
Nearby properties8
Property size750 sqft
- +0.9% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 750 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$516k$457k – $575k · 25% confidence
vs ask $575k+$59k (+10.3%)
Asking price is about 10.3% above where comps + adjustments land — there is room to negotiate.
$760/sqft median across 3 tight comps × 750 sqft= $570k
- Open Class C HPD violations−$34k −6.0%
- Days-on-market gravity−$17k −3.0%
- Virtually staged−$6k −1.0%
- Transit access+$3k +0.5%
Cumulative NYC adjustments−$54k−9.5%
Property Read
The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 208 days
- Last price change
- No change recorded
- Listed
- Oct 16, 2025
- Photos
- 22 photos
- Property type
- coop
- Status
- for sale
- Last sold
- Jul 10, 2012 · $349,000
Features & Amenities
High CeilingOpen HouseParkPlaygroundMaintenance
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
$575,000for 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.