$1,325,000
Updated 4 years ago
Off Market

196 Orchard Street, 5-B

Lower East Side, Manhattan | Stanton Street & East Houston Street

3 Rooms1 Bed1 Bath657 Square FeetCondo

$1,325,000
Common Charges$895
RE Taxes$815
Price Per SF
$2,017

Listing Features

  • Entry Foyer
  • High Ceilings
  • Washer / Dryer
  • Casement Windows
  • Oversized Windows
  • Center Island
  • Dishwasher
  • Gourmet Kitchen
  • Open Kitchen
  • Marble Bathroom

Outdoor space and views

  • South Exposure

Building Amenities

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

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 196 Orchard Street, 5-B

196 Orchard Street 5B, New York NY 10002 is a prime downtown loft style one-bedroom with top-of-the-line finishes and spacious layout in one of the Lower East Sides best located new development. The most sought-after layout in the building, 5B features an oversized kitchen, the largest closet space, and is currently the only unit for sale without sponsor's transfer taxes. As an added perk, an oversized Penthouse-size storage unit may be included with the sale.

This brand new bright sleek one-bedroom features full service living, retro-industrial design, and sublime finishes. From the gracious entry foyer, experience high ceilings, distressed concrete, and hand-hewn white oak floors. Both the living room and primary suite enjoy enormous bronze casement windows, direct sunlight, open sky, and charming cityscapes with northeast and partial southern exposures for natural light all day. The stunning chef's kitchen features Nero Marquina marble balanced by warm walnut millwork. The full bathroom, conveniently located off the hall features Blue de Savoie marble and blackened nickel Waterworks fixtures. Enjoy luxury Miele appliances, in-unit Washer Dryer and designer upgrades including oversized customized closets, a custom dining island, and gel fireplace.

Residents are afforded a curated selection of modern amenities including a 4,100 square foot rooftop with multiple outdoor lounge areas furnished for sunbathing, staggering views of the city, and ability to serve your guests on the chef's table prepared in one of the two outdoor kitchens. A 30,000 square foot Equinox Fitness occupies the base of the building, for which residents enjoy reduced membership pricing. Full-service living includes 24-hour doorman, porters, handyman and resident building manager. Designed by globally acclaimed architect Ismael Leyva and New York based Inc. Architecture and Design, 196 Orchard's stunning fa ade marries turn-of-the-century New York industrial character of the Lower East Side with a lifestyle that is distinctly luxurious, layered in handcrafted bronze and glazed brick imported from Spain. Prime location at Houston and Orchard offers immediate access to some of the hottest boutiques, restaurants, and galleries in the City, with easy access to transportation right outside your door. Pied-a-terres, rentals and guarantors permitted.

Listing History for 196 Orchard Street, 5-B

Now
11/29/2022
Expired by Joelle Jensen
Douglas Elliman
10/24/2022
$1,325,000 [-$100,000] [7%]
Price Drop by Joelle Jensen
Douglas Elliman

Building Details for 196 Orchard Street

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

Contact Agents

Contact Agents

Joelle Jensen
Douglas Elliman
Lydia Sussek
Douglas Elliman

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.

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: 1985260