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About This Home
This 2-bedroom, 1-bathroom multi-family at 550 Grand Street in New York City, NY is listed for $735,000 ($735 per sqft). Built in 1949, the home offers 1,000 sqft of living space on a 2.97 acres lot.
**Sunny Outer-Corner 2BR with Flexible Layout, Classic Details & Endless Potential!** This spacious outer-corner two-bedroom residence in Hillman offers a rare opportunity to create a home tailored to your vision. Filled with natural light throughout, the apartment features a generous and versatile layout paired with timeless prewar proportions and classic character.
The expansive living room is the heart of the home, offering ample space for both relaxed lounging and entertaining. A separate dining area or flexible layout option provides additional functionality, while the adjacent windowed eat-in kitchen is bathed in natural light and serves as an ideal foundation for renovation or reconfiguration.
The thoughtful layout places the two king-sized bedrooms on opposite ends of the home, enhancing privacy, comfort, and flow. A well-proportioned windowed bathroom serves the bedroom wing, completing the functional separation of space. Additional features include approximately 8'6" beamed ceilings, refinished hardwood parquet floors, and abundant closet space throughout.
The entry foyer and overall layout contribute to an airy, open feel with excellent storage and livability. This is an ideal canvas for buyers seeking a home with strong bones, classic architecture, and the flexibility to modernize over time-bringing both personality and value to life.
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.
Key Features
- Built in 1949
- 2.97 acre lot
Property Details
Monthly Cost Estimate
$5,296/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
550 Grand Street
New York City, NY 10002
Lower East Side
Questions & Answers
This 2-bedroom, 1-bathroom multi-family at 550 Grand Street is listed at $735,000 ($735/sqft). The estimated monthly payment is $4,550 based on 20% down at 6.5% interest.
HOA fees are $1365/month.
Key features include: Built in 1949, 2.97 acre lot.
This property is listed by Jacob Goldman and can be reached at 2123881115 or listings@lohorealty.com.








