---
title: "550 GRAND Street #H7G, New York City, NY 10002"
description: "550 GRAND Street #H7G, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $585,000. In contract 7/28/2026. 1 bed, 1 bath Illustrative Buyer Commission Share of $8,775 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/550-grand-street-h7g-ny-10002"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 550 GRAND Street #H7G, New York City, NY 10002

Lower East Side, New York City, NY

Courtesy of Brown Harris Stevens Residential Sales LLC

## At a Glance

- **Listing Price**: $585,000
- **Status**: In contract 7/28/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 1
- **Baths**: 1
- **Common Charges**: $1,074 / mo
- **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**: $585,000
- **Illustrative Buyer Commission Share**: -$8,775*
- **Illustrative Net Cost**: $576,225

*Illustrative Buyer Savings of $8,775 — 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 (9)

![550 GRAND Street #H7G, New York City, NY 10002 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/951754f9-6ad4-454d-9e05-73c63e152dd7.jpg)
![550 GRAND Street #H7G, New York City, NY 10002 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ec57aa12-4bac-4865-8792-5071e50f76c5.jpg)
![550 GRAND Street #H7G, New York City, NY 10002 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/30b6b006-8d20-418d-b96d-628173b1235c.jpg)
![550 GRAND Street #H7G, New York City, NY 10002 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6d9e2048-c44a-4be8-9c0b-50f511e70964.jpg)
![550 GRAND Street #H7G, New York City, NY 10002 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bfbeacbb-2921-4dbf-983a-8b193c3972ad.jpg)
![550 GRAND Street #H7G, New York City, NY 10002 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/481014ab-ed56-4c88-964a-389f2a65936a.jpg)
![550 GRAND Street #H7G, New York City, NY 10002 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/986aa60a-850d-45dc-b73e-23a63c937c5f.jpg)
![550 GRAND Street #H7G, New York City, NY 10002 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/696ee09d-ae21-4072-b255-0495784daa67.jpg)
![550 GRAND Street #H7G, New York City, NY 10002 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8a39c720-f238-4fa1-a832-d50cf142b9be.jpg)

## Property Overview

Enter via an inviting foyer opening to an expansive living/dining with 5 windows (4 east facing and 1 south facing) serving up excellent morning and midday light!
 Nicely updated open kitchen with custom dining bar and an expanded windowed bath. Parquet wood floors and 8'7" beamed ceilings throughout. The large bedroom with two east facing windows can easily accommodate a king or queen size bed.

 Hillman co-op amenities include 2 private gated parks with seating and playgrounds, indoor parking (waitlisted)- $225/month and up, bike storage (waitlisted), in-building laundry, gym, 24-hour security, and on-site management. 550 Grand building entry on Lewis Street. F J, M, Z trains at Delancey/Essex and F at East
 Broadway. M14A SBS, M14D, M22 and M21 buses all within a block. Four blocks to Trader Joe's, Lidl, and Target. CVS just 2 blocks away. Fine Fare grocery and
 dry cleaners less than a block. Close to Essex Market, Regal Essex Cinemas, dozens of great restaurants, cafés, and night spots on Division, Orchard, Ludlow, Broome, etc! Dogs permitted, subject to registration (35 lbs. max weight limit).

## Property Details

- **Property Type**: Co-op
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Stories**: 12
- **Year Built**: 1949
- **Common Charges**: $1,074 / Monthly
- **Listed On**: Apr 28, 2026
- **Days on Market**: 138 Days

## Sales Evidence

### Recent closed sales

42 apartments at Hillman have recorded sales since September 2021, the most recent for $565,000 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| B3E (Apartment) | 1 | — | $565,000 | — | July 2, 2026 | MLS |
| 4H (Apartment) | 3 | 1,265 | $1,250,000 | $988/ft² | May 7, 2026 | City record · MLS |
| C1D (Apartment) | Studio | — | $380,000 | — | October 30, 2025 | City record · MLS |
| C12A (Apartment) | 1 | — | $589,000 | — | October 16, 2025 | City record · MLS |
| B3B (Apartment) | 1 | — | $500,000 | — | October 6, 2025 | City record · MLS |
| CGA (Apartment) | 1 | 700 | $525,000 | $750/ft² | September 29, 2025 | City record · MLS |
| BGA (Apartment) | — | — | $305,000 | — | September 18, 2025 | City record |
| C11A (Apartment) | 1 | — | $699,000 | — | September 8, 2025 | City record · MLS |
| 8D (Apartment) | 2 | — | $700,000 | — | August 25, 2025 | City record · MLS |
| B11C (Apartment) | 2 | 1,050 | $995,000 | $948/ft² | August 11, 2025 | City record · MLS |
| C11C (Apartment) | 1 | — | $545,000 | — | August 4, 2025 | City record · MLS |
| C4F (Apartment) | — | — | $710,000 | — | July 29, 2025 | City record |
| B1E (Apartment) | — | — | $512,500 | — | July 24, 2025 | City record |
| C3A (Apartment) | 2 | — | $575,000 | — | June 12, 2025 | City record · MLS |
| C4F (Apartment) | — | — | $640,000 | — | May 12, 2025 | City record |
| C3H (Apartment) | 4 | 1,450 | $1,190,000 | $821/ft² | November 18, 2024 | City record · MLS |
| B2B (Apartment) | — | — | $500,000 | — | October 10, 2024 | City record |
| 7CB (Apartment) | 2 | 1,000 | $1,200,000 | $1,200/ft² | July 18, 2024 | City record · MLS |
| C5A (Apartment) | 2 | 1,000 | $830,000 | $830/ft² | July 17, 2024 | City record · MLS |
| C6A (Apartment) | — | — | $685,000 | — | January 23, 2024 | City record |
| B8C (Apartment) | 2 | — | $799,000 | — | November 21, 2023 | City record · MLS |
| B7G (Apartment) | 1 | — | $525,000 | — | November 8, 2023 | City record · MLS |
| A11E (Apartment) | 1 | — | $780,000 | — | October 13, 2023 | City record · MLS |
| C7H (Apartment) | — | — | $999,000 | — | June 26, 2023 | City record |
| B11G (Apartment) | — | — | $580,000 | — | March 31, 2023 | City record |
| C9F (Apartment) | 2 | 880 | $945,000 | $1,074/ft² | March 6, 2023 | City record · MLS |
| A5AB (Apartment) | 4 | — | $1,995,000 | — | October 31, 2022 | City record · MLS |
| C8G (Apartment) | 1 | — | $615,000 | — | September 16, 2022 | City record · MLS |
| C9A (Apartment) | — | — | $950,000 | — | September 1, 2022 | City record |
| 7D (Apartment) | Studio | — | $478,000 | — | August 16, 2022 | City record · MLS |
| C2B (Apartment) | 2 | — | $920,000 | — | August 11, 2022 | MLS |
| B11C (Apartment) | — | — | $775,000 | — | July 11, 2022 | City record |
| A9A (Apartment) | 2 | — | $782,500 | — | June 8, 2022 | City record · MLS |
| A7E (Apartment) | 2 | — | $749,000 | — | May 31, 2022 | City record · MLS |
| B12F (Apartment) | — | — | $515,000 | — | May 19, 2022 | City record |
| C-2H (Apartment) | 3 | 1,250 | $985,000 | $788/ft² | May 18, 2022 | City record · MLS |
| F3C (Apartment) | — | — | $535,000 | — | May 12, 2022 | City record |
| B4A (Apartment) | 1 | — | $599,000 | — | May 12, 2022 | City record · MLS |
| C4H (Apartment) | 3 | 1,265 | $357,052 | $282/ft² | March 8, 2022 | City record |
| B6B (Apartment) | — | — | $515,000 | — | December 13, 2021 | City record |

Showing the 40 most recent of 42 recorded sales in this period.

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 one-bedroom sales at Hillman is $589,000, based on 9 sales between May 2022 and October 2025. This home is asking $585,000, $4,000 below that median. The middle half of those sales closed between $525,000 and $615,000.

- **Median closed price**: $589,000
- **Middle half**: $525,000 – $615,000
- **Based on**: 9 one-bedroom sales at Hillman
- **Period**: May 2022 – October 2025

Square footage is recorded for only 1 of these 9 sales (11%), 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 99.3% of what it originally asked. 63% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 99.3% of the original ask
- **Closed below ask**: 63% of 8 sales
- **Listed → in contract**: 82 days (about 12 weeks)
- **In contract → closed**: 77 days (about 11 weeks)

Across the 8 of these sales with a published asking price, the median closed at 99.3% of what it originally asked. 63% of them closed below the original ask.

Half of these homes were in contract within 82 days (about 12 weeks) of coming to market, based on the 7 with a recorded listing date.

Once a deal was agreed, closing took a further 77 days (about 11 weeks), based on the 7 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 9 one-bedroom sales at Hillman, May 2022 – October 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for co-op one-bedroom sales in Lower East Side, 2017 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $640,000 | 29 |
| 2018 | $642,000 | 24 |
| 2019 | $599,000 | 25 |
| 2020 | $639,500 | 24 |
| 2021 | $630,000 | 39 |
| 2022 | $615,000 | 42 |
| 2023 | $622,500 | 24 |
| 2024 | $615,000 | 27 |
| 2025 | $602,500 | 34 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Lower East Side instead.

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 Hillman](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/hillman-housing-corporation)

## Price and Property History for 550 GRAND Street, Unit H7G

Review the recorded listing activity for 550 GRAND Street, Unit H7G, including asking-price changes and prior market dates.

- **Entered contract**: July 28, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| July 28, 2026 | $585,000 | Entered contract |
| April 28, 2026 | $585,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 258 apartments. The corporation’s 2026 property tax bill was $2,386,062 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 Hillman](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/hillman-housing-corporation)

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

## About The Building

### Hillman

Lower East Side · Stock Cooperative

500 GRAND Street, New York, NY 10002

A building in Lower East Side, currently featuring 5 active listings.

- **Year Built**: 1949
- **Total Units**: 5
- **Floors**: 12

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/hillman-housing-corporation)

### Available Residences — For Sale (5)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [H7G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/550-grand-street-h7g-ny-10002) | 1 | 1 | — | — | $585,000 — In contract | Brown Harris Stevens Residential Sales LLC | Apr 28, 2026 | 138 days |
| [A6A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/500-grand-street-a6a-ny-10002) | 2 | 1 | — | — | $750,000 | Sothebys International Realty | Apr 14, 2026 | 152 days |
| [A9B-9C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/500-grand-street-a9b9c-ny-10002) | 3 | 2 | 2,000 sqft | $975 | $1,950,000 (-6.0%) | LoHo Realty Inc | May 5, 2026 | 131 days |
| [BGB](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/500-grand-street-bgb-BGB-ny-10002) | 1 | 1 | 500 sqft | $930 | $465,000 (-2.1%) — In contract | LoHo Realty Inc | Jun 1, 2026 | 104 days |
| [C2C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/500-grand-street-c2c-C2C-ny-10002) | 1 | 1 | — | — | $525,000 — In contract | Brown Harris Stevens Residential Sales LLC | Jun 9, 2026 | 96 days |

## Estimated Monthly Payment

**$4,032 / month**, assuming a 20% down payment ($117,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $2,958
- **Common Charges**: $1,074

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)
- [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita)
- [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

- [Hillman — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/hillman-housing-corporation)
- [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.