$1,550,000 $1,665,000
Updated 7 days ago
Price drop
502 Views
Lower East Side, Manhattan | Stanton Street & East Houston Street
3 Rooms1 Bed1 Bath686 Square FeetCondo

$1,550,000 $1,665,000
Common Charges$1,060
RE Taxes$1,181
Price Per SF
$2,259

Listing Features

  • Abundant Closets
  • Entry Foyer
  • Hardwood Floors
  • High Ceilings [10']
  • Recessed Lighting
  • Storage Closet
  • Walk-in Closet
  • Washer / Dryer
  • Casement Windows
  • Oversized Windows
  • Center Island
  • Dishwasher
  • Open Kitchen
  • S Steel Appliances
  • Marble Bathroom

Outdoor space and views

  • Terrace [451 SF]
  • City Views
  • East Exposure
  • South Exposure

Building Amenities

  • Concierge
  • Bike Storage
  • Elevator
  • Grilling Stations
  • Health Club
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description

Residence 4Q is a gracious, 686 square foot one-bedroom with a 451 square foot private courtyard and one full bath that faces east through oversized casement windows surrounded in bronze, spilling sunlight onto white oak floors. With a nod to the rich history of the neighborhood, the interiors are a blend of industrial and refined elements such as concrete 10? ceilings, warm walnut custom millwork, Nero Marquina black marble kitchens, and Blue de Savoie marble baths. Each residence has luxury Miele appliances and blackened nickel Waterworks fixtures and washer and dryers.

Residents are afforded a curated selection of modern amenities including a 4,100 square foot rooftop with an outdoor living room, furnished for sunbathing or enjoying staggering views of the city at night. Serve a meal on the chef?s table prepared in one of the two outdoor kitchens. A 30,000 square foot Equinox occupies the base of the building and residents are offered a reduced membership price. There is a 24-hour doorman and a resident superintendent.

196 Orchard is a celebration of contrasts. Designed by globally acclaimed architect, Ismael Leyva and the self-described ?unholy trinity?, New York-based Inc. Architecture and Design, the fa?ade marries the turn-of-the-century New York industrial character of the Lower East Side with a lifestyle that is distinctly luxurious. The muscular fa?ade is layered in handcrafted black and real bronze glazed brick imported from Spain, while the vertical style of the windows are reminiscent of the diverse and eclectic artist?s studios and sophisticated indie fashion shops nearby. Proudly positioned on the southeast corner of Orchard and Houston, residents are seconds from many of the best boutique restaurants and the hottest, ever-evolving nightspots? in New York City.

Listing History

Now
05/18/2022
$1,550,000 [-$115,000] [6.9%]
Price Drop by Richard Hottinger
Corcoran
2022

Building Details

OwnershipCondo
Building TypeMid-Rise
Service LevelConcierge
AgePost-War
AccessElevator
Year Built2017
Financing Allowed90%
Floors/Apts11/94
Learn More About the Building

Transit and Citi Bike

Subway

2 Av
0.14 miles
Delancey St-Essex St
0.25 miles
Bowery
0.35 miles
Grand St
0.42 miles
Bleecker St
0.44 miles

Citi Bike

Allen St & Stanton St
0.07 miles
E 1 St & 1 Ave
0.09 miles

Building Availability

APPSF
Median
Average
$2,329
$2,795,000
$3,413,333
$2,018
$2,475,000
$2,115,000
Last 12 months
$2,102
-
-
$91
$6,200
$6,200
Last 12 months
$98
-
-

One Bed in Lower East Side

APPSF
Median
Average
$1,609
$1,149,500
$1,068,583
$1,886
$1,235,000
$1,152,886
2
38
1

Lower East Side | Manhattan

Quick Profile

Bursting with energy at every turn, the Lower East Side is one of the most historic neighborhoods in all of Manhattan. Rooted in immigrant history, the bulk of European and Eastern European migration that occurred in the late nineteenth through the early twentieth century took place here, where the Tenement Museum remains one of the best ways to become acquainted with how early residents of the neighborhood lived.

The unique and eclectic mix of building styles--ranging from low- and high-rises to luxury and historic buildings--begins immediately upon entering the area via the Manhattan or Brooklyn Bridge, known as Two Bridges, itself a neighborhood that has also long been known for its immigrant population. With its historic district placed in the National Register of Historic Places, many of its oldest churches, such as Mariners Temple and St. James Church remain a preserved part of the district’s storied past. 

While the LES has long been a hub for aspiring musicians and artists, the area has increasingly transformed its demographic as it welcomes a more affluent sect of residents with the advent of condos and luxury spaces.

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1878345