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Rent/Lease Apartment 500 Grand St

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Nearby Sublease office Spaces for Rent

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Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1300 $ 1234
Interior office/person $ 1350 $ 800 $ 984
Team Rooms $ 10100 $ 8050 $ 5484
Suites $ 20100 $ 12050 $ 7484

Nearby office Spaces for Rent

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Retail Spaces for Rent at 500 Grand St

Rent Medical Space at 500 Grand St

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 500 Grand Street. This trend is projected to continue. Opportunities for subleases remain available at 500 Grand Street and in the nearby Lower East Side neighborhood.
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500 Grand Street Property Overview

Building Address: 500 Grand St, New York NY 10002
Building Name: Hillman Coop
Building Alternate Address: 500 Grand St
Zip Code:10002
Neighborhood:Lower East Side
Borough:Manhattan
Stories:11
Year Built:1947
Building Class:C

500 Grand Street, located in Manhattan's Lower East Side, is home to the Hillman Co-op building. Constructed in 1949, this 12-story cooperative is part of the Cooperative Village and features 268 units. The building is known for its pre-war architectural style, with original apartment details including cross-pattern parquet floors and high beamed ceilings. It offers various amenities such as a doorman, elevator, pet-friendly policies, laundry facilities, storage, bike room, fitness center, and garage parking. The building also features a garden, courtyard, and roof deck, providing residents with ample outdoor space.

The Hillman Co-op is situated in a vibrant neighborhood with access to several parks, including Ahearn Park, Luther Gulick Playground, and East River Park. Nearby transportation options include the F, J, M, Z, B, and D subway lines. The building is close to educational institutions like Cooper Union and New York University, as well as cultural attractions such as the Tenement Museum and the New Museum of Contemporary Art.

As a landmark in the area, the Hillman Co-op at 500 Grand Street offers a unique blend of historical charm and modern convenience, making it a desirable residence in the heart of Manhattan.

500 Grand Street, Manhattan, NYC is a 12-story post-war co-op building located in the Lower East Side. It was built in 1949 and is part of the Hillman Coop complex. The building features 258 residential units and offers amenities such as a doorman, elevators, a gym, and a children's playroom. It is situated near several parks, including Ahearn Park and East River Park.


Hillman Coop at 500 Grand St Amenities

  • Bike Room
  • Elevator
  • Gym
  • Laundry in Building
  • Private Gated Park with Seating and Playgrounds
  • Woodworking Shop
  • Bike Storage
  • Private Garden Plots Available to Lease
  • 24-hour Attended Security
  • On-site Management

500 Grand Street, Manhattan, NYC, is a post-war co-op building located in the Lower East Side. It features 12 stories and was built in 1949. The building includes residential units, with some commercial spaces available. However, specific details about office tenants rented or leased are not provided in the available information.


500 Grand St, Manhattan, NYC Internet Providers:

  • Verizon Fios: Known for high speeds up to 2 Gbps, reliable service, and competitive pricing starting at $49.99.
  • Astound Broadband Powered by RCN: Offers cable and fiber services with unlimited data, starting at $20 per month.
  • Spectrum: Provides widespread coverage with speeds up to 1 Gbps, starting at $50 per month.

500 Grand Street, Manhattan, NYC is located near several transportation options and cross streets. The nearest subway stations include:

  • F, J, M, Z at Delancey St-Essex St (0.32 miles)
  • F at East Broadway (0.39 miles)
  • B, D at Grand St (0.61 miles)
  • F at 2nd Av (0.61 miles)
  • J, Z at Bowery (0.66 miles)

It is situated on Grand Street, with nearby cross streets including Willet Street.


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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.
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