--- title: "575 Grand Street #506, New York City, NY 10002" description: "575 Grand Street #506, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $599,000. Price Reduced: Reduced $16,000 (2.6%) from $615,000 on August 31, 2026. 1 bed, 1 bath, 800 sqft Illustrative Buyer Commission Share of $8,985 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/575-grand-street-506-ny-10002" source: "Real Estate Rebate Team" dateModified: "2026-09-29T08:19:47.292Z" status: "Active" --- # 575 Grand Street #506, New York City, NY 10002 Lower East Side, New York City, NY Courtesy of LoHo Realty Inc Last updated: September 29, 2026, 4:19 AM ## At a Glance - **Listing Price**: $599,000 - **Price Reduced**: Reduced $16,000 (2.6%) from $615,000 on August 31, 2026 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 800 - **Common Charges**: $1,299 / mo - **Price per Sqft**: $749 - **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**: $599,000 - **Illustrative Buyer Commission Share**: -$8,985* - **Illustrative Net Cost**: $590,015 *Illustrative Buyer Savings of $8,985 — 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) ![575 Grand Street #506, New York City, NY 10002 — photo 1 of 10](https://realestaterebatesnewyork.com/api/assets/e687e284-e4a0-4c89-85ae-1716f1629167) ![575 Grand Street #506, New York City, NY 10002 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6dd6c6c7-c52b-46fa-9f3a-f4a67203fe78.jpg) ![575 Grand Street #506, New York City, NY 10002 — photo 3 of 10](https://realestaterebatesnewyork.com/api/assets/f732a7b7-5e63-411b-9e95-d021a5943d50) ![575 Grand Street #506, New York City, NY 10002 — photo 4 of 10](https://realestaterebatesnewyork.com/api/assets/4f1995b1-e401-4e31-8bc1-fa51bce942b7) ![575 Grand Street #506, New York City, NY 10002 — photo 5 of 10](https://realestaterebatesnewyork.com/api/assets/a5da7457-8720-4945-a28d-ff0c447cd654) ![575 Grand Street #506, New York City, NY 10002 — photo 6 of 10](https://realestaterebatesnewyork.com/api/assets/a80c3c18-acf2-4dd5-b62e-ed57269c8991) ![575 Grand Street #506, New York City, NY 10002 — photo 7 of 10](https://realestaterebatesnewyork.com/api/assets/97458d2c-8a54-4a6a-b94f-8a41a52d2b78) ![575 Grand Street #506, New York City, NY 10002 — photo 8 of 10](https://realestaterebatesnewyork.com/api/assets/b9efae31-e46d-43f9-a848-9d8853d7a792) ![575 Grand Street #506, New York City, NY 10002 — photo 9 of 10](https://realestaterebatesnewyork.com/api/assets/0de2e173-d70c-44fa-8ef5-ea4d4c6e28a1) ![575 Grand Street #506, New York City, NY 10002 — photo 10 of 10](https://realestaterebatesnewyork.com/api/assets/87ce1f25-a606-4603-9fa6-c33bb2a5ecb8) ## Property Overview **All appointments - including Sunday Open Houses - are by appointment only. If you are working with another agent, that agent needs to reach out to make the appointment and is required to be present** **Peaceful One-Bedroom with Tree-lined Balcony Views** Walk in and leave the city behind as you step into this cozy, yet spacious apartment. Triple-width picture windows draw sunlight into the spacious living room, while a gracious entry foyer easily converts to a dining alcove or work-from-home corner without intruding on your space to unwind. Just beyond the glass, your private balcony has tree lined views and overlooks the co-op’s beautifully landscaped front gardens buffering you from the busy city streets. A king-size bedroom, with west and south-facing light, share the same views as the balcony. A windowed, eat-in kitchen invites everything from quick weekday breakfasts to lingering weekend brunches, and the windowed bath keeps morning routines bright and breezy. Storage will never be an issue thanks to four large closets, including two true walk-ins, and classic hardwood parquet floors lending warmth throughout the apartment. **Assessment: $144/month through April 2028** Co-op amenities (additional fees and wait lists may apply) include 24-hour attended lobbies, 2 large private parks, children’s playroom (plus access to neighboring Hillman co-op’s park and playroom), community room, and fully equipped fitness center. Short walk to the supermarket, 24-hour deli/convenience store, dry cleaners as well as neighborhood staples including Market, Doughnut Plant, Kossar’s, Trader Joes, Target & Regal Cinemas. Transportation: Bus: M14A, M14D, M21 & M22; Train: J, M, F, Z. Citibike stations nearby. Dogs not permitted. Gifting, guarantors, pied-a-terre, permitted. Subleasing after 2 years of ownership. Shareholder required continuing to pay base maintenance in addition to a sublet fee. ## Property Details - **Property Type**: Co-op - **Beds**: 1 - **Baths**: 1 - **Rooms**: 4 - **Sqft**: 800 sqft - **Stories**: 20 - **Year Built**: 1955 - **Price per Sqft**: $749 - **Common Charges**: $1,299 / Monthly - **Listed On**: May 29, 2026 - **Days on Market**: 126 Days ### Residence Features - Building Main Level ## Estimated Monthly Payment **$4,328 / month**, assuming a 20% down payment ($119,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $3,029 - **Common Charges**: $1,299 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 15 apartments at 575 Grand Street have recorded sales since October 2021, the most recent for $850,000 in May 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | E1101 (Apartment) | — | — | $850,000 | — | May 13, 2026 | City record | | E1806 (Apartment) | 1 | — | $635,000 | — | December 4, 2025 | City record · MLS | | E601 (Apartment) | 2 | — | $875,000 | — | September 3, 2025 | City record · MLS | | E403 (Apartment) | 1 | 550 | $450,000 | $818/ft² | August 11, 2025 | City record · MLS | | 1605 (Apartment) | — | — | $1,150,000 | — | July 1, 2025 | City record | | E1402 (Apartment) | 2 | 1,000 | $835,000 | $835/ft² | April 16, 2024 | City record · MLS | | E203 (Apartment) | 1 | 500 | $515,000 | $1,030/ft² | January 8, 2024 | City record · MLS | | E204 (Apartment) | — | — | $610,000 | — | October 16, 2023 | City record | | E702 (Apartment) | 2 | — | $810,000 | — | September 28, 2023 | City record · MLS | | E205 (Apartment) | 3 | — | $1,100,000 | — | May 2, 2023 | City record · MLS | | E1703 (Apartment) | 1 | 580 | $495,000 | $853/ft² | March 9, 2022 | City record · MLS | | E1704 (Apartment) | 1 | — | $590,000 | — | March 9, 2022 | City record · MLS | | E202 (Apartment) | 2 | 1,000 | $725,000 | $725/ft² | February 23, 2022 | City record | | E1706 (Apartment) | 1 | — | $620,000 | — | November 3, 2021 | City record · MLS | | E1705 (Apartment) | — | — | $1,450,000 | — | October 12, 2021 | City record | 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**: $599,000 - **Median sold price**: $552,500 - **Difference**: +$46,500 (+8.4%) - **This home, $/ft²**: $749 - **Comparable sales**: 6 - **Sales from**: November 2021 – December 2025 - **Middle half of those sales**: $500,000 – $612,500 Based on one-bedroom sales at 575 Grand Street. Square footage is recorded for only 3 of these 6 sales (50%), 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. ### How these sales were negotiated - **Sale-to-list price**: 98.8% (6 sales) - **Sold below asking**: 67% (6 sales) - **Typical time to find a buyer**: 116 days (3 sales) - **Typical time to close**: 131 days (3 sales) Based on one-bedroom sales at 575 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 one-bedroom sales in Lower East Side | 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 | Based on recorded co-op one-bedroom sales in Lower East Side. Sales data through May 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 575 Grand Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/575-grand-street) ## Price and Property History for 575 Grand Street, Unit 506 Review the recorded listing activity for 575 Grand Street, Unit 506, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $16,000, or 2.6%, on August 31, 2026 - **Originally listed**: May 27, 2026 at $615,000 - **Current asking price**: $599,000 | Date | Price | Listing event | | --- | --- | --- | | August 31, 2026 | $599,000 | Asking price reduced by $16,000, or 2.6% | | May 27, 2026 | $615,000 | Listed for sale by LoHo Realty Inc | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 833 apartments. The corporation’s 2026 property tax bill was $9,039,042 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 575 Grand Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/575-grand-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 575 Grand Street Lower East Side · Stock Cooperative 575 Grand Street, New York, NY 10002 A building in Lower East Side, currently featuring 5 active listings. - **Year Built**: 1955 - **Active Units**: 5 - **Floors**: 20 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/575-grand-street) ### Available Residences — For Sale (6) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [506](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/575-grand-street-506-ny-10002) | 1 | 1 | 800 sqft | $749 | $599,000 (-2.6%) | LoHo Realty Inc | May 29, 2026 | 126 days | | [E202](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/575-grand-street-e202-E202-ny-10002) | 2 | 1 | 1,000 sqft | $825 | $825,000 (-1.2%) | LoHo Realty Inc | Dec 2, 2025 | 304 days | | [1105](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/575-grand-street-1105-ny-10002) | 3 | 2 | 1,250 sqft | $840 | $1,050,000 (-4.5%) | LoHo Realty Inc | Jan 31, 2025 | 609 days | | [605](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/575-grand-street-605-ny-10002) | 3 | 1 | 1,250 sqft | $820 | $1,025,000 (-6.8%) | LoHo Realty Inc | Jun 18, 2026 | 106 days | | [E1505](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/575-grand-street-e1505-E1505-ny-10002) | 3 | 2 | 1,250 sqft | $1,038 | $1,298,000 (-2.0%) | DGSIR Realty | Jun 22, 2026 | 102 days | | [E1202](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/575-grand-street-e1202-E1202-ny-10002) | 2 | 1 | 1,000 sqft | $850 | $850,000 (-1.7%) — In contract | LoHo Realty Inc | May 7, 2026 | 148 days | ## 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 - [575 Grand Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/575-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.