---
title: "550 Grand Street #G3E, New York City, NY 10002"
description: "550 Grand Street #G3E, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $850,000. In contract 11/23/2024. 2 bed, 1 bath, 1,010 sqft Illustrative Buyer Commission Share of $12,750 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/550-grand-street-g3e-G3E-ny-10002"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 550 Grand Street #G3E, New York City, NY 10002

Lower East Side, New York City, NY

Courtesy of Compass

## At a Glance

- **Listing Price**: $850,000
- **Status**: In contract 11/23/2024
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 2
- **Baths**: 1
- **Sqft**: 1,010
- **Common Charges**: $1,466 / mo
- **Price per Sqft**: $842
- **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**: $850,000
- **Illustrative Buyer Commission Share**: -$12,750*
- **Illustrative Net Cost**: $837,250

*Illustrative Buyer Savings of $12,750 — 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 (7)

![550 Grand Street #G3E, New York City, NY 10002 — photo 1 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3eab88e4-423d-4ba5-931f-ac2f377b10f4.jpg)
![550 Grand Street #G3E, New York City, NY 10002 — photo 2 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1e0a8cd5-5d6f-4954-8ded-005cf24abf18.jpg)
![550 Grand Street #G3E, New York City, NY 10002 — photo 3 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/28d9f5b3-1b0c-4d8f-a017-d3e4c0fb39c5.jpg)
![550 Grand Street #G3E, New York City, NY 10002 — photo 4 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/489cb73a-bdcf-42c1-9819-e3433c7d5640.jpg)
![550 Grand Street #G3E, New York City, NY 10002 — photo 5 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4fc572b9-4a84-4a30-82fd-4087e2c24d8d.jpg)
![550 Grand Street #G3E, New York City, NY 10002 — photo 6 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c336888e-9370-4c8e-a590-21485ce732e6.jpg)
![550 Grand Street #G3E, New York City, NY 10002 — photo 7 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/98856f09-942f-4825-a8d8-f5c5d0c85533.jpg)

## Property Overview

Lower East Side Gem!

Welcome to this bright and spacious 2 bedroom corner home!  The gracious sun-filled living room offers ample space for living and entertaining.  The well-proportioned bedrooms, high-beamed ceilings, and abundant closets resemble in character and charm prewar architecture.

The windowed kitchen has been updated with white lacquered cabinets offering ample amounts of counter and storage space for all of your culinary needs.  Additional features of the home are an updated bathroom with a south-facing window and in-unit washer / dryer.

Hillman co-op's list of amenities includes fitness center, children's playroom, bike storage, laundry room, wood workshop, private park, dog park, on-site super, maintenance staff, and 24 hour attended security,

Building entry is located on Lewis Street. F J, M, Z trains at Delancey/Essex and F at East Broadway.  Bus M14A - SBS stops right around the corner.  You will enjoy being conveniently close to Essex Crossing with Trader Joe’s, Target, Regal Cinema, the versatile and vibrant Essex Market, and more!    Please note, while this is a pet friendly building, dogs up to 35 lbs are permitted.

## Property Details

- **Property Type**: Co-op
- **Beds**: 2
- **Baths**: 1
- **Rooms**: 4
- **Sqft**: 1,010 sqft
- **Stories**: 12
- **Year Built**: 1949
- **Price per Sqft**: $842
- **Common Charges**: $1,466 / Monthly
- **Listed On**: Oct 18, 2024
- **Days on Market**: 699 Days

### Residence Features

- Building Washer Dryer Install Allowed
- Common On Floor
- Common Area
- Garage
- Walk-In Closet(s)
- Dryer
- Washer

### Building Amenities

- Garage

## Estimated Monthly Payment

**$5,764 / month**, assuming a 20% down payment ($170,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $4,298
- **Common Charges**: $1,466

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

## Sales and market data

### Recent sales

36 apartments at 550 Grand Street have recorded sales since September 2021, the most recent for $400,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [J8D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/550-grand-street-j8d-J8D-ny-10002) (Apartment) | Studio | 500 | $400,000 | $800/ft² | August 13, 2026 | MLS |
| H1B (Apartment) | 1 | 750 | $562,500 | $750/ft² | June 29, 2026 | MLS |
| H4D (Apartment) | 1 | 775 | $570,000 | $735/ft² | May 19, 2026 | City record · MLS |
| J2F (Apartment) | 2 | 1,000 | $690,000 | $690/ft² | January 15, 2026 | City record · MLS |
| G11D (Apartment) | 1 | — | $690,000 | — | October 20, 2025 | City record · MLS |
| J7G (Apartment) | 1 | 700 | $525,000 | $750/ft² | October 17, 2025 | City record · MLS |
| H5G (Apartment) | 1 | — | $525,000 | — | September 10, 2025 | City record · MLS |
| GGA (Apartment) | 1 | 750 | $570,000 | $760/ft² | July 24, 2025 | City record · MLS |
| J8E (Apartment) | 2 | 1,000 | $700,000 | $700/ft² | July 24, 2025 | City record · MLS |
| G7A (Apartment) | — | — | $690,000 | — | March 17, 2025 | City record |
| G3E (Apartment) | 2 | 1,010 | $825,000 | $817/ft² | January 24, 2025 | City record |
| J8A (Apartment) | 2 | 1,000 | $690,000 | $690/ft² | January 22, 2025 | City record · MLS |
| H10D (Apartment) | 1 | — | $555,000 | — | November 7, 2024 | City record · MLS |
| J4G (Apartment) | — | — | $470,000 | — | October 31, 2024 | City record |
| H11E (Apartment) | 1 | 750 | $500,000 | $667/ft² | October 11, 2024 | City record · MLS |
| H5A (Apartment) | 1 | 600 | $508,880 | $848/ft² | June 28, 2024 | City record · MLS |
| G2D (Apartment) | 2 | — | $705,000 | — | January 12, 2024 | City record · MLS |
| H10B (Apartment) | 1 | — | $533,500 | — | November 8, 2023 | City record · MLS |
| J5E (Apartment) | — | — | $655,000 | — | September 28, 2023 | City record |
| G5F (Apartment) | 3 | — | $1,080,000 | — | August 21, 2023 | City record · MLS |
| H5B (Apartment) | 1 | — | $618,000 | — | May 19, 2023 | City record · MLS |
| J12B (Apartment) | 1 | 900 | $560,000 | $622/ft² | January 25, 2023 | City record · MLS |
| J3G (Apartment) | — | — | $510,000 | — | December 20, 2022 | City record |
| G-9B (Apartment) | 2 | 1,000 | $725,000 | $725/ft² | September 20, 2022 | City record · MLS |
| GGC (Apartment) | 2 | — | $700,000 | — | July 12, 2022 | City record · MLS |
| J10E (Apartment) | — | — | $810,000 | — | June 28, 2022 | City record |
| G9D (Apartment) | 2 | — | $725,000 | — | June 21, 2022 | City record · MLS |
| G8B (Apartment) | 2 | — | $732,500 | — | May 3, 2022 | City record · MLS |
| H2D (Apartment) | — | — | $595,000 | — | March 15, 2022 | City record |
| JGC (Apartment) | 1 | — | $460,000 | — | February 3, 2022 | City record · MLS |
| H2E (Apartment) | 1 | — | $530,000 | — | January 27, 2022 | City record · MLS |
| H8G (Apartment) | 1 | 720 | $550,000 | $764/ft² | January 18, 2022 | City record · MLS |
| J11H (Apartment) | 3 | 1,220 | $999,000 | $819/ft² | November 19, 2021 | City record · MLS |
| J12A (Apartment) | 1 | 900 | $630,000 | $700/ft² | October 15, 2021 | City record · MLS |
| J1A (Apartment) | — | — | $750,000 | — | October 7, 2021 | City record |
| G6D (Apartment) | 2 | 1,000 | $710,000 | $710/ft² | September 24, 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

- **This home**: $850,000
- **Median sold price**: $707,500
- **Difference**: +$142,500 (+20.1%)
- **This home, $/ft²**: $842
- **Median $/ft²**: $705
- **Comparable sales**: 10
- **Sales from**: September 2021 – January 2026
- **Middle half of those sales**: $700,000 – $725,000

Based on two-bedroom sales at 550 Grand Street.

### How these sales were negotiated

- **Sale-to-list price**: 97.6% (6 sales)
- **Sold below asking**: 100% (6 sales)
- **Typical time to find a buyer**: 178 days (7 sales)
- **Typical time to close**: 69 days (7 sales)

Based on two-bedroom sales at 550 Grand Street with the required listing and closing data. Sample sizes vary by metric.

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.

### Price trend

Median sale price, co-op two-bedroom sales in Lower East Side

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $848,500 | 18 |
| 2018 | $865,000 | 18 |
| 2019 | $845,000 | 25 |
| 2020 | $950,000 | 15 |
| 2021 | $842,500 | 36 |
| 2022 | $840,000 | 35 |
| 2023 | $835,000 | 25 |
| 2024 | $844,500 | 18 |
| 2025 | $815,000 | 27 |
| 2026 YTD | $950,000 | 11 |

Based on recorded co-op two-bedroom sales in Lower East Side. 2026 is year-to-date.

Sales data through August 2026.

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 550 Grand Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/550-grand-street)

## Price and Property History for 550 Grand Street, Unit G3E

Review the recorded listing activity for 550 Grand Street, Unit G3E, including asking-price changes and prior market dates.

- **Entered contract**: November 23, 2024

| Date | Price | Listing event |
| --- | --- | --- |
| November 23, 2024 | $850,000 | Entered contract |
| October 8, 2024 | $850,000 | Listed for sale by Compass |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 525 apartments. The corporation’s 2026 property tax bill was $4,017,424 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 550 Grand Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/550-grand-street)

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

## About The Building

### 550 Grand Street

Lower East Side · Stock Cooperative

550 Grand Street, New York, NY 10002

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

- **Year Built**: 1949
- **Active Units**: 2
- **Floors**: 12

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/550-grand-street)

### Available Residences — For Sale (3)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [JGC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/550-grand-street-jgc-JGC-ny-10002) | 1 | 1 | 750 sqft | $753 | $565,000 (-1.7%) | LoHo Realty Inc | Dec 1, 2025 | 290 days |
| [J4B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/550-grand-street-j4b-J4B-ny-10002) | 2 | 1 | 1,000 sqft | $725 | $725,000 (-1.4%) | LoHo Realty Inc | Jun 4, 2026 | 105 days |
| [G3E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/550-grand-street-g3e-G3E-ny-10002) | 2 | 1 | 1,010 sqft | $842 | $850,000 — In contract | Compass | Oct 18, 2024 | 699 days |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [J8D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/550-grand-street-j8d-J8D-ny-10002) | Studio | 1 | 500 sqft | $800 | $400,000 | LoHo Realty Inc | May 8, 2025 | Aug 13, 2026 |

## 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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- [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

- [550 Grand Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/550-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.