---
title: "550 Grand Street Co-ops for Sale in Manhattan | Buyer Savings"
description: "View active listings, prices, and amenities at 550 Grand Street, located at 550 Grand Street, New York, NY 10002 in Manhattan. Buy a co-op with Buyer Advantage savings."
url: "https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/550-grand-street"
source: "Real Estate Rebate Team"
dateModified: "2026-09-12T15:49:11.751Z"
---

# 550 Grand Street

550 Grand Street, New York, NY 10002

Lower East Side · Stock Cooperative · Built 1949

Availability last updated: September 12, 2026, 11:49 AM

## At a Glance

- **Active Units**: 4 Units
- **Starting Price**: $409,000
- **Property Type**: Stock Cooperative
- **Year Built**: 1949

## Building Overview

About 550 Grand Street

550 Grand Street is situated in the Lower East Side, offering residents a vibrant community atmosphere. This cooperative building is part of the Hillman Housing Corporation, known for its spacious apartments and beautiful grounds. Residents enjoy private parks, a fitness center, and easy access to the East River. The neighborhood is rich in history and filled with diverse dining and cultural options.

## Illustrative Buyer Savings

**$12,750 at Closing**

Illustrative, based on a 3% buyer-broker commission on the highest-priced available residence. Régis shares 50% of the buyer-side commission actually received, so your figure follows the commission offered on your transaction.

Work with Régis before touring or submitting an offer to understand the building, evaluate pricing, and preserve eligible Buyer Advantage opportunities.

**Régis Roumila** — Principal Broker · NY & NJ. Private buyer representation for luxury resale and new development purchases. Verified Member: REBNY · NAR. NYDOS LIC#: 10491211335.

[Speak with Régis](mailto:info@real-estate-rebate.com?subject=Inquiry%3A%20550%20Grand%20Street) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Key Building Details

- **Year Built**: 1949
- **Stories / Floors**: 12
- **Neighborhood**: Lower East Side
- **Active Listings**: 4 units

## Building Amenities

- Building In Basement
- Pets: Building Size Limit
- Pets: Dogs OK

## Active Residence at 550 Grand Street

4 Active Residences

Buyer Advantage figures shown on these residences are illustrative, based on a 3% buyer-broker commission. Régis shares 50% of the buyer-side commission actually received on the transaction, so the figure follows the commission offered on the listing you buy. [How the Buyer Commission Share works](https://realestaterebatesnewyork.com/buyer-advantage)

| Residence | Type | Beds | Baths | Size | Price | Status | Estimated Buyer Advantage | Courtesy of |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [550 Grand Street #G3E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/550-grand-street-g3e-G3E-ny-10002) | Stock Cooperative | 2 | 1 | 1,010 ft² | $850,000 | Pending | $12,750* | Compass |
| [550 Grand Street #J8D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/550-grand-street-j8d-J8D-ny-10002) | Stock Cooperative | Studio | 1 | 500 ft² | $409,000 | Closed | $6,135* | LoHo Realty Inc |
| [550 Grand Street #JGC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/550-grand-street-jgc-JGC-ny-10002) | Stock Cooperative | 1 | 1 | 750 ft² | $565,000 | Active | $8,475* | LoHo Realty Inc |
| [550 Grand Street #J4B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/550-grand-street-j4b-J4B-ny-10002) | Stock Cooperative | 2 | 1 | 1,000 ft² | $725,000 | Active | $10,875* | LoHo Realty Inc |

> This 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.

## Sales History for 550 Grand Street

124 closings in this building. Prices are the consideration recorded on the deed with the City of New York wherever it has been filed.

| Unit # | Beds | Baths | Size | Closing Price | Price / Ft² | Asking Price | Sold On |
| --- | --- | --- | --- | --- | --- | --- | --- |
| J8D | 0 | 1 | 500 | $400,000 (-14%) | $800 | $465,000 | Aug 13, 2026 |
| H1B | 1 | 1 | 750 | $562,500 (-4.5%) | $750 | $589,000 | Jun 29, 2026 |
| H4D | 1 | 1 | 775 | $570,000 (-1.6%) — Public record | $735 | $579,000 | May 19, 2026 |
| J2F | 2 | 1 | 1,000 | $690,000 (-2.7%) — Public record | $690 | $709,000 | Jan 15, 2026 |
| G11D | 1 | 1 | — | $690,000 (+15.2%) — Public record | — | $599,000 | Oct 20, 2025 |
| J7G | 1 | 1 | 700 | $525,000 (-4.5%) — Public record | $750 | $550,000 | Oct 17, 2025 |
| H5G | 1 | 1 | — | $525,000 (-11.8%) — Public record | — | $595,000 | Sep 10, 2025 |
| GGA | 1 | 1 | 750 | $570,000 (-4.8%) — Public record | $760 | $599,000 | Jul 24, 2025 |
| J8E | 2 | 1 | 1,000 | $700,000 (-2.1%) — Public record | $700 | $715,000 | Jul 24, 2025 |

Showing the 9 most recent of 124 closings. The full record is on the building page.

Public record marks a price taken from the deed filed with the City of New York. Rows without it show the price reported to the listing service, which is what is available until the deed is recorded, typically about two weeks after closing.

The percentage beside a closing price is the sale measured against the original asking price. Rows with no asking price are sales with no listing behind them. Those are sponsor and off-market transfers taken from the public record.

> This 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.

## Property Tax History

Property taxes for the co-op corporation at 550 Grand Street were $4,017,424 in 2026, up 5.0% from 2025.

These figures are for the entire building across all 525 apartments, not for this apartment. A co-op is a single tax lot: the corporation pays one property tax bill and recovers it through shareholders’ monthly maintenance. There is no separate tax bill for an individual unit.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $33,624,450 | $6,300,000 | $27,324,450 | $33,111,360 | $4,017,424 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $35,872,200 | $6,300,000 | $29,572,200 | $31,650,210 | $3,827,424 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $31,637,250 | $6,300,000 | $25,337,250 | $30,305,880 | $3,647,497 | 12.5% |
| 2023 (FY 2023/24) | $32,054,850 | $6,300,000 | $25,754,850 | $29,653,020 | $2,525,051 after $1,035,815 abatement | 12.502% |
| 2022 (FY 2022/23) | $32,368,050 | $6,300,000 | $26,068,050 | $28,887,390 | $1,865,825 after $1,518,064 abatement | 12.267% |
| 2021 (FY 2021/22) | $26,318,700 | $6,300,000 | $20,018,700 | $26,318,700 | $709,660 after $2,354,298 abatement | 12.235% |
| 2020 (FY 2020/21) | $29,150,550 | $6,300,000 | $22,850,550 | $27,589,950 | $3,233,778 | 12.267% |
| 2019 (FY 2019/20) | $28,372,950 | $6,300,000 | $22,072,950 | $26,704,800 | $3,171,745 | 12.473% |
| 2018 (FY 2018/19) | $28,226,700 | $6,300,000 | $21,926,700 | $25,356,870 | $2,998,155 | 12.612% |
| 2017 (FY 2017/18) | $26,108,100 | $6,300,000 | $19,808,100 | $23,622,210 | $2,821,974 | 12.719% |
| 2016 (FY 2016/17) | $26,091,450 | $6,300,000 | $19,791,450 | $22,598,820 | $2,672,693 | 12.892% |
| 2015 (FY 2015/16) | $24,724,800 | $6,300,000 | $18,424,800 | $21,551,990 | $2,537,482 | 12.883% |
| 2014 (FY 2014/15) | $21,633,300 | $6,300,000 | $15,333,300 | $20,778,490 | $2,434,349 | 12.855% |
| 2013 (FY 2013/14) | $19,553,400 | $6,300,000 | $13,253,400 | $20,505,830 | $2,446,481 | 13.145% |
| 2012 (FY 2012/13) | $20,991,150 | $6,300,000 | $14,691,150 | $20,195,150 | $2,409,398 | 13.181% |
| 2011 (FY 2011/12) | $20,897,100 | $6,300,000 | $14,597,100 | $20,392,420 | $2,475,801 | 13.433% |
| 2010 (FY 2010/11) | $24,795,000 | $6,300,000 | $18,495,000 | $19,498,000 | $2,345,963 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1003310120. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## What to Review Before Buying in 550 Grand Street

Purchasing real estate in New York City or New Jersey goes beyond the apartment itself. To secure your asset and investment equity, we systematically analyze building structures, financials, board packages, and commission sharing arrangements.

1. **Building Quality** — Review construction, finishes, amenities, management, service level, and long-term resale value.
2. **Monthly Costs** — Understand common charges, property taxes, assessments, and the full carrying-cost picture.
3. **Transaction Strategy** — Evaluate pricing, sponsor terms, closing costs, negotiation leverage, and eligible Buyer Advantage opportunities before committing.

## Location & Neighborhood

550 Grand Street, New York, NY 10002

### Lower East Side

Lower East Side (LES) is a historic neighborhood in Manhattan, New York. Once the center of immigrant life in the city, it is now a trendy, vibrant area known for its nightlife, live music venues, and cutting-edge art galleries. It retains its gritty charm while offering some of the city's best dining and entertainment.

- [Lower East Side Guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side)
- [Browse Lower East Side Residences](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/lower-east-side-manhattan)
- [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

## Frequently Asked Questions

### Where is this building located?

550 Grand Street is in the Lower East Side.

### What subway is nearby?

The F, J, M, and Z trains at Delancey-Essex are accessible.

### Are there parks nearby?

Yes, the building has private parks and is near East River Park.

### What is the neighborhood vibe?

The LES is known for its history, food scene, and community feel.

Have questions about 550 Grand Street? [Speak with Régis before you tour.](mailto:info@real-estate-rebate.com)

## Considering a Residence at 550 Grand Street?

Speak with Régis before you tour, negotiate, or submit an offer. Receive private buyer-side guidance, pricing context, and eligible Buyer Advantage opportunities where available.

[Schedule a private consultation](https://realestaterebatesnewyork.com/contact) · [All buildings](https://realestaterebatesnewyork.com/buildings)