---
title: "504 Grand Street #B-42, New York City, NY 10002"
description: "504 Grand Street #B-42, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $1,425,000. 3 bed, 2 bath, 1,700 sqft Illustrative Buyer Commission Share of $21,375 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/504-grand-street-b-42-B42-ny-10002"
source: "Real Estate Rebate Team"
status: "Active"
---

# 504 Grand Street #B-42, New York City, NY 10002

Lower East Side, New York City, NY

Courtesy of Find Properties

## At a Glance

- **Listing Price**: $1,425,000
- **Beds**: 3
- **Baths**: 2
- **Sqft**: 1,700
- **Common Charges**: $2,578 / mo
- **Price per Sqft**: $838
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $1,425,000
- **Illustrative Buyer Commission Share**: -$21,375*
- **Illustrative Net Cost**: $1,403,625

*Illustrative Buyer Savings of $21,375 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![504 Grand Street #B-42, New York City, NY 10002 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2185453e-7c4d-4fa3-b416-038300684a6a.jpg)
![504 Grand Street #B-42, New York City, NY 10002 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3fb5842e-8657-4c40-9897-87f17e23dcc9.jpg)
![504 Grand Street #B-42, New York City, NY 10002 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9de8e046-1690-4aa1-9ce7-61ee9dd1dd11.jpg)
![504 Grand Street #B-42, New York City, NY 10002 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0f74f544-c267-4143-99de-efd217ecef98.jpg)
![504 Grand Street #B-42, New York City, NY 10002 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bb7010c5-4ce4-4f7d-b0ab-f0bf15ba0899.jpg)
![504 Grand Street #B-42, New York City, NY 10002 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8cc334f9-6168-4340-a88e-285cb7b51224.jpg)
![504 Grand Street #B-42, New York City, NY 10002 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d41e438a-91e5-4deb-a411-d0d609af6334.jpg)
![504 Grand Street #B-42, New York City, NY 10002 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ad14414a-d3a9-498e-96e8-b8f14fcbd388.jpg)
![504 Grand Street #B-42, New York City, NY 10002 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dd566445-792f-41f8-821b-bba0be0073cf.jpg)
![504 Grand Street #B-42, New York City, NY 10002 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/74e90d14-9998-447e-af1f-90bed63a0ca8.jpg)

## Property Overview

Following a substantial price reduction, this oversized Lower East Side home now represents a rare opportunity at approximately $838 per square foot. It stands as one of the few properties of this scale currently available in the neighborhood.  The result of two apartments combined, this is one of the largest units in the cooperative, offering a level of space and versatility that is difficult to find.

This quiet and spacious flex-four-bedroom home blends classic pre-war character with a modern, updated kitchen.

The apartment features:

-Pre-War Details: Original plaster cove ceilings, metal window casings, and hardwood floors with inset Walnut borders (with original flooring preserved under current carpeting).

-Bright Layout: Dual east and west exposures that fill the home with natural light.

-Modern Kitchen: A windowed, eat-in kitchen complete with stainless steel appliances, dual sinks, updated cabinetry, and a walk-in pantry.

-Smart Spaces: A built-in home office area and excellent closet storage throughout.

-Bed & Bath: A classic main bathroom with an original cast-iron tub, alongside a king-sized primary bedroom featuring dual exposures and an ensuite bath.

Additionally, a windowed laundry/utility room can be updated or converted into a fourth bedroom, dedicated home office, or simply a huge walk-in storage room (90+ square feet).

Renovations & Upgrades

As a rare, combined double unit this property provides an exceptional canvas for customized structural and/or cosmetic renovations. Key upgrade opportunities include:

-Layout Reconfiguration: The flexible floor plan allows you to strategically remove select walls to open up sight-lines, including an open kitchen/dining/living room expanse.

-Enhanced Natural Light: Modifying the interior flow lets you fully maximize the home's bright east and west dual exposures.

-Value-Add Expansion: The expansive square footage comfortably supports the addition of a full or half secondary bathroom.

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.

*Please note there is currently an assessment in place through 6/1/2029 for a boiler installation, $343/month. Please inquire for additional details of the project and its payback expectations.

## Property Details

- **Property Type**: Co-op
- **Beds**: 3
- **Baths**: 2
- **Rooms**: 5
- **Sqft**: 1,700 sqft
- **Stories**: 6
- **Year Built**: 1929
- **Price per Sqft**: $838
- **Common Charges**: $2,578 / Monthly
- **Listed On**: Jan 6, 2025
- **Days on Market**: 615 Days

### Residence Features

- Wall Unit(s)
- Building Washer Dryer Install Allowed
- Common Area
- In Unit
- Building Storage
- Building Garden
- Kitchen Window
- Pantry
- Dryer
- Washer
- City

## Sales Evidence

### Recent closed sales

40 apartments at 504 Grand Street have recorded sales since September 2021, the most recent for $2,000,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [H24-25](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/504-grand-street-h24-25-H2425-ny-10002) (Apartment) | 4 | — | $2,000,000 | — | August 5, 2026 | MLS |
| E52 (Apartment) | 1 | 750 | $575,000 | $767/ft² | March 11, 2026 | City record · MLS |
| G32 (Apartment) | 2 | — | $820,000 | — | January 23, 2026 | City record · MLS |
| D22 (Apartment) | — | — | $770,000 | — | October 29, 2025 | City record |
| C33 (Apartment) | 1 | 700 | $572,500 | $818/ft² | July 17, 2025 | City record · MLS |
| C13 (Apartment) | 1 | — | $539,000 | — | July 9, 2025 | City record · MLS |
| 14C (Apartment) | 2 | — | $752,000 | — | May 22, 2025 | City record · MLS |
| D51 (Apartment) | 1 | 600 | $600,000 | $1,000/ft² | April 28, 2025 | City record · MLS |
| A53 (Apartment) | 2 | 1,000 | $680,000 | $680/ft² | February 10, 2025 | City record · MLS |
| A4 (Apartment) | — | — | $425,000 | — | January 17, 2025 | City record |
| F53 (Apartment) | — | — | $720,000 | — | October 8, 2024 | City record |
| B23 (Apartment) | 2 | 900 | $860,000 | $956/ft² | July 1, 2024 | City record · MLS |
| D33 (Apartment) | 3 | 1,152 | $1,025,000 | $890/ft² | June 12, 2024 | City record · MLS |
| E33 (Apartment) | 2 | 1,170 | $1,325,000 | $1,132/ft² | April 29, 2024 | City record · MLS |
| H61 (Apartment) | 2 | — | $765,000 | — | January 10, 2024 | City record · MLS |
| F42 (Apartment) | — | — | $550,000 | — | January 9, 2024 | City record |
| E65 (Apartment) | 1 | — | $620,000 | — | December 21, 2023 | City record · MLS |
| D12 (Apartment) | 1 | — | $620,000 | — | July 13, 2023 | City record · MLS |
| B54 (Apartment) | 1 | — | $595,000 | — | March 9, 2023 | City record · MLS |
| D45 (Apartment) | — | — | $590,000 | — | January 30, 2023 | City record |
| H34 (Apartment) | 1 | — | $575,000 | — | January 23, 2023 | City record · MLS |
| A31 (Apartment) | — | — | $865,000 | — | December 20, 2022 | City record |
| D-35 (Apartment) | 1 | — | $710,000 | — | December 19, 2022 | City record · MLS |
| B52 (Apartment) | 1 | — | $575,000 | — | December 9, 2022 | City record · MLS |
| F12 (Apartment) | 1 | 800 | $650,000 | $813/ft² | November 21, 2022 | City record · MLS |
| A62 (Apartment) | 1 | — | $615,000 | — | November 10, 2022 | City record · MLS |
| A64 (Apartment) | — | — | $1,313,000 | — | August 11, 2022 | City record |
| A45 (Apartment) | — | — | $960,000 | — | August 4, 2022 | City record |
| B-12 (Apartment) | 1 | — | $626,000 | — | July 26, 2022 | City record · MLS |
| D13 (Apartment) | — | — | $687,500 | — | July 21, 2022 | City record |
| D-44 (Apartment) | 1 | — | $655,000 | — | July 21, 2022 | City record · MLS |
| H-13 (Apartment) | 2 | — | $890,000 | — | July 12, 2022 | City record · MLS |
| E63 (Apartment) | — | — | $1,090,000 | — | May 6, 2022 | City record |
| A42 (Apartment) | — | — | $800,000 | — | March 31, 2022 | City record |
| F23 (Apartment) | 2 | 1,100 | $399,092 | $363/ft² | March 30, 2022 | City record |
| H54 (Apartment) | 1 | — | $17,970 | — | March 1, 2022 | MLS |
| D41 (Apartment) | 1 | 750 | $690,000 | $920/ft² | February 23, 2022 | City record |
| A5 (Apartment) | 1 | — | $470,000 | — | February 2, 2022 | City record · MLS |
| A13 (Apartment) | 2 | — | $895,000 | — | November 10, 2021 | City record · MLS |
| A44 (Apartment) | 3 | — | $1,395,000 | — | September 20, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable co-op three-bedroom sales in Lower East Side is $1,505,000, based on 8 sales between March 2025 and June 2026. This home is asking $1,425,000, $80,000 below that median. The middle half of those sales closed between $1,243,750 and $1,831,250.

- **Median closed price**: $1,505,000
- **Middle half**: $1,243,750 – $1,831,250
- **Based on**: 8 co-op three-bedroom sales in Lower East Side
- **Period**: March 2025 – June 2026

Square footage is recorded for only 2 of these 8 sales (25%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

Across the 8 of these sales with a published asking price, the median closed at 96.9% of what it originally asked. 63% of them closed below the original ask.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Lower East Side instead.

### How these sales were negotiated

- **Sold vs original ask**: 96.9% of the original ask
- **Closed below ask**: 63% of 8 sales
- **Listed → in contract**: 62 days (about 9 weeks)
- **In contract → closed**: 106 days (about 15 weeks)

Across the 8 of these sales with a published asking price, the median closed at 96.9% of what it originally asked. 63% of them closed below the original ask.

Half of these homes were in contract within 62 days (about 9 weeks) of coming to market, based on the 8 with a recorded listing date.

Once a deal was agreed, closing took a further 106 days (about 15 weeks), based on the 8 with both dates recorded. A co-op board package and its interview account for much of that.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 8 co-op three-bedroom sales in Lower East Side, March 2025 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 504 Grand Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/504-grand-street)

## Price and Property History for 504 Grand Street, Unit B-42

Review the recorded listing activity for 504 Grand Street, Unit B-42, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $65,000, or 4.4%, on May 28, 2026
- **Originally listed**: January 6, 2025 at $1,599,000
- **Current asking price**: $1,425,000

| Date | Price | Listing event |
| --- | --- | --- |
| June 29, 2026 | $1,425,000 | Returned to the market |
| May 28, 2026 | $1,425,000 | Asking price reduced by $65,000, or 4.4% |
| January 6, 2025 | $1,599,000 | Listed for sale by Find Properties |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 237 apartments. The corporation’s 2026 property tax bill was $2,849,859 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for 504 Grand Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/504-grand-street)

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

## About The Building

### 504 Grand Street

Lower East Side · Stock Cooperative

504 Grand Street, New York, NY 10002-0973

A building in Lower East Side, currently featuring 2 active listings.

- **Year Built**: 1929
- **Total Units**: 2
- **Floors**: 6

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/504-grand-street)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [B-42](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/504-grand-street-b-42-B42-ny-10002) | 3 | 2 | 1,700 sqft | $838 | $1,425,000 (-4.4%) | Find Properties | Jan 6, 2025 | 614 days |
| [A-34](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/504-grand-street-a34-ny-10002) | 3 | 1 | — | — | $1,250,000 | Find Properties | Jul 15, 2026 | 59 days |

## Estimated Monthly Payment

**$9,784 / month**, assuming a 20% down payment ($285,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $7,206
- **Common Charges**: $2,578

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Lower East Side

Overview of Lower East Side

[Explore Lower East Side](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Lower East Side

- [Chinatown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chinatown)
- [Little Italy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/little-italy)
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- [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village)
- [Two Bridges real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/two-bridges)
- [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho)

## Related Links

- [504 Grand Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/504-grand-street)
- [Lower East Side neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.