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$1,400,062
List Price: $1,425,000
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504 Grand Street #B42
Coop in Lower East Side •  building info
3bd • 2ba • 1,700ft² $838 per ft²
Buy with Yoreevo

$1,400,062

List Price

$1,425,000

Key Details
Days on market
264
Last price change
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Estimated payment
$9,413/mo
Taxes
Included in maintenance fees
Maintenance
$2,578/mo
Description
Following a substantial price reduction, this oversized Lower East Side home now represents a rare opportunity at approximately $838 per square foot. It stands as one of the few properties of this scale currently available in the neighborhood. The result of two apartments combined, this is one of the largest units in the cooperative, offering a level of space and versatility that is difficult to find. This quiet and spacious flex-four-bedroom home blends classic pre-war character with a modern, updated kitchen. The apartment features: -Pre-War Details: Original plaster cove ceilings, metal window casings, and hardwood floors with inset Walnut borders (with original flooring preserved under current carpeting). -Bright Layout: Dual east and west exposures that fill the home with natural light. -Modern Kitchen: A windowed, eat-in kitchen complete with stainless steel appliances, dual sinks, updated cabinetry, and a walk-in pantry. -Smart Spaces: A built-in home office area and excellent closet storage throughout. -Bed & Bath: A classic main bathroom with an original cast-iron tub, alongside a king-sized primary bedroom featuring dual exposures and an ensuite bath. Additionally, a windowed laundry/utility room can be updated or converted into a fourth bedroom, dedicated home office, or simply a huge walk-in storage room (90+ square feet). Renovations & Upgrades As a rare, combined double unit this property provides an exceptional canvas for customized structural and/or cosmetic renovations. Key upgrade opportunities include: -Layout Reconfiguration: The flexible floor plan allows you to strategically remove select walls to open up sight-lines, including an open kitchen/dining/living room expanse. -Enhanced Natural Light: Modifying the interior flow lets you fully maximize the home's bright east and west dual exposures. -Value-Add Expansion: The expansive square footage comfortably supports the addition of a full or half secondary bathroom. The Amalgamated Dwellings is a 236 unit, 6 story cooperative located on Grand St on the Lower East Side. Built in 1929, this coop maintains its original art deco and European charm. The property is known for original details, including intricate plaster work, high ceilings, windowed hallways, classic European-style elevators, wide entrance archways, and its private central courtyard with fountains. Nestled amongst other much, larger coops, this property evokes a charming throwback to an earlier era. In addition to its unique art deco attributes, the coop also features updated laundry facilities, a gym, a community room, bicycle storage, package room, 24 hour security, and on-site maintenance staff. The coop is also close to major transportation hubs (F,M,J,Z, M14A, Ferry), Trader Joes/Target, Essex Crossing, East River Park, and many restaurants and cafes.

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Important Stuff
Washer/Dryer in unit
Elevator
Virtual Doorman
Cats and Dogs allowed
Policies
Gifts Allowed
Gaurantor Permitted
Co-purchase Allowed
Parents Buying Allowed
Unit features
Dishwasher
Hardwood floors
View

City, Garden

Building amenities
Services and facilities
Bike Room
Fios Available
Laundry in Building
Live In Super
Package Room
Storage

Locker/Cage

Wheelchair Access
Wellness and recreation
Gym
Shared outdoor space
Courtyard
Building info

History
What it'll cost
Purchase price
$1,425,000
Asking Price: $1,425,000
Term
30 Years
Down Payment
$285,000 (20%)
Min: 20% (285,000)
Rate
6.0 %
Mortgage Amount
$1,140,000
Mortgage Payment
$6,835
Maintenance
$2,578
Estimated Yoreevo rebate
$24,938
Estimated closing cost
$22,000
Total monthly cost $9,413
Buy your dream home with us and get an estimated
$24,938 rebate.
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to a minimum commission.
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