Listing Courtesy of LoHo Realty Inc
$575,000
Potential Rebate: $8,625
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**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.
$3,932 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$8,625
Monthly savings impact
$24/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
Experience
Member
Listings
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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of LoHo Realty Inc
Data Source: TRESTLE #RLS20054989

Compare average listing prices and value metrics for 550 Grand Street against the surrounding Lower East Side market.
than the Lower East Side price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Lower East Side.

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