550 Grand St

Constructed in 1949, this 12-story co-op occupies a block-facing midrise typical of postwar Manhattan residential development. Units range from studios and one-bedrooms to two- and three-bedroom layouts, many preserving original period details such as exposed wooden beams, hardwood parquet flooring, and ceilings above eight feet. Apartments commonly feature windowed eat-in kitchens, windowed bathrooms, dedicated entrance foyers, abundant closets including walk-ins, and flexible floorplans that have been opened or reconfigured in many homes. The property’s communal footprint emphasizes outdoor and family-oriented amenities: multiple private gated parks and playgrounds, a building courtyard and community garden with composting, plus access to a neighboring fitness facility and a 24/7 modern laundry. On-site staff include management, maintenance and a 24-hour attended security booth; bike and private storage are available and there is a parking option via waitlist. Pets are permitted with restrictions (one dog up to 35 lb., registration/fees/approval), and co-purchase, pied-a-terre, gifting and limited subletting are allowed under board rules. Located on Grand Street in the Lower East Side, the co-op is a short walk to Essex Crossing retail and services, supermarkets, shops and multiple transit lines (F, J, M, Z trains plus several cross-town buses). The neighborhood mix and the building’s combination of period character, outdoor green spaces and family-friendly facilities create a practical, community-focused urban residence.