550 Grand Street, #G11D, New York (Lower East Side), NY, 10002 | $699,000

A Rare Opportunity-First Time Available in 30 Years! Bring Your Vision to This Exceptional High-Floor Home with a Spectacular Private Terrace

This generously proportioned one-bedroom home is a true hidden gem, perched on a high floor and offering tranquil western views of open sky and a lush canopy of treetops. But the standout feature? A magnificent, oversized private terrace-perfect for dining al fresco, gardening, or simply soaking in the sunsets with a glass of wine.

A gracious entry foyer welcomes you into the residence, leading into an expansive living room illuminated by two west-facing windows. The sense of space and airiness continues throughout, enhanced by 8'7" beamed ceilings, refinished parquet wood floors, and abundant closet space, including two walk-ins.

The windowed eat-in kitchen has been fully renovated with rich wood cabinetry and striking black granite countertops, offering both style and function-with ample space to dine comfortably. The bedroom features double exposures and easily accommodates a king or queen bed with room for additional furnishings.

This home is a blank canvas waiting for your perfect renovation, offering endless potential to create your dream home in one of the Lower East Side's most desirable co-ops.

Hillman Co-op Amenities include on-site parking ($225/month and up), two private gated parks with seating and playgrounds, in-building laundry, gym, 24-hour security, on-site management, and more. Building entry is conveniently located on Lewis Street.

Ideally situated near the F, J, M, and Z trains at Delancey/Essex, F at East Broadway, and M14A SBS just around the corner. Enjoy nearby Essex Crossing with Trader Joe's, Target, Pickle Guy, Kossars, Doughnut Plant, Essex Market, Regal Cinema, and more.

Pet-friendly (dogs up to 35 lbs. with registration).

Don't miss this unique chance to create a one-of-a-kind home with outdoor space to match the interior potential!

Features

  • Town: New York
  • Cooling: Window Units
  • Levels: 13
  • Amenities: Alarm System; Bike Room; Garage; Courtyard; Garden; Fitness Room; Laundry Room; Nursery; Playground; Common Storage;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Other
  • Complex: Hillman Housing Cooperative
  • Year Built: 1945
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Terrace : Yes
  • Building Access : Elevator
  • Service Level: Voice Intercom
  • Doorman: PartTime
  • OLR#: RLS20021979
  • Days on Market: 15 days
  • Website: https://www.raveis.com
    /prop/RLS20021979/550grandstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Brown Harris Stevens Residential Sales LLC

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888.699.8876

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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  • Provides a guaranteed closing date that meets your needs
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Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

550 Grand Street, #G11D, New York (Lower East Side), NY, 10002

$699,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $559,200 $559,200 $559,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.360% 7.290% 6.404%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,815 $3,767 $4,757
Total Monthly Payment $3,907 $3,859 $4,849

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.