3
Beds
3.5
Baths
2,069
Sq Ft
$2,802/mo
HOA Fee
Highlights
- Rooftop Deck
- 4-minute walk to Lower East Side-2 Avenue
- Terrace
- P.S. 110 Florence Nightingale Rated A
- City View
- 1-minute walk to Peretz Square
About This Home
As of April 2021IMMEDIATE OCCUPANCY
A stunning Lower East Side condo saturated with natural light, this 3-bedroom, 3.5-bathroom home is a seamless blend of contemporary functionality and industrial chic. Features of this 2,069 sq. ft. apartment include designer-selected wide plank white oak flooring, unique concrete ceilings, oversized casement windows with northern and western exposure, warm color tones and textures, high-end fixtures and finishes, and a convenient in-home washer/dryer.
Beyond a tasteful foyer adorned with a reach-in coat closet, the home flows into a spacious, open-concept living room, dining room, and kitchen. The custom kitchen is equipped with an eat-in peninsula, onyx lacquer cabinetry with under-cabinet LED lighting, sleek quartz countertops, a matching backsplash, a Waterworks faucet, and a suite of fully-integrated appliances from Miele. The bedrooms possess private closet space and easy access to an immaculate marble bathroom with Waterworks fixtures and a custom vanity.
196 Orchard is a full-service condominium situated at the nexus of the Lower East Side and the East Village. The building, designed by NYC-based firm, Incorporated Architecture & Design, has a 24-hour attended lobby, private storage, a bicycle room, and a furnished 4,300 sq. ft. rooftop terrace with two outdoor kitchens, dedicated dining and entertaining areas, and incredible city views. Residents also receive an exclusive discount at the two-story in-building Equinox Fitness Club. 196 Orchard is surrounded by trendy restaurants, bars, cafes, and shops, and is close to Little Italy, The Bowery, NoHo, and NoLita. Nearby subway lines include the B/D/F/M/J/Z. Pets are welcome. *This is a Nest Seekers Exclusive
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD-150263.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $27,672
Year Built
- Built in 2017
HOA Fees
- $2,802 Monthly HOA Fees
Interior Spaces
- 2,069 Sq Ft Home
- Entrance Foyer
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Additional Features
- Terrace
- Central Air
Listing and Financial Details
- Legal Lot and Block 7503 / 412
Community Details
Overview
- Lower East Side Subdivision
- 11-Story Property
Amenities
- Rooftop Deck
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2021
Closed on
Mar 15, 2021
Sold by
Mb-Reec Houston Proeprty Owner Llc
Bought by
Epstein Marcus
Seller's Agent
Jennifer Alese
Serhant
List Price
$5,250,000
Sold Price
$5,250,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,932,589
Avg. Annual Appreciation
-10.31%
Similar Homes in the area
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $4,390,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2021 04/02/21 | Sold | $5,250,000 | 0.0% | $2,537 / Sq Ft |
| 01/13/2021 01/13/21 | For Sale | $5,250,000 | 0.0% | $2,537 / Sq Ft |
| 01/13/2021 01/13/21 | Pending | -- | -- | -- |
| 10/04/2019 10/04/19 | Off Market | $5,250,000 | -- | -- |
| 04/26/2019 04/26/19 | For Sale | $5,250,000 | 0.0% | $2,537 / Sq Ft |
| 03/01/2019 03/01/19 | Sold | $5,250,000 | -- | $2,537 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $38,982 | $311,807 | $45,763 | $266,044 |
| 2023 | $37,649 | $306,914 | $45,763 | $261,151 |
| 2022 | $21,627 | $303,586 | $45,763 | $257,823 |
| 2021 | $37,436 | $305,176 | $45,763 | $259,413 |
| 2020 | $42,142 | $337,863 | $45,763 | $292,100 |
| 2019 | $27,977 | $222,075 | $45,763 | $176,312 |
| 2018 | $5,132 | $45,763 | $45,763 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Alese
Seller's Agent in 2021
Jennifer Alese
Serhant
(631) 219-4922
3 in this area
76 Total Sales
-
Skyler Rhoten
Seller's Agent in 2019
Skyler Rhoten
Douglas Elliman Real Estate
(240) 538-3576
77 Total Sales
-
Glenn Davis
Seller Co-Listing Agent in 2019
Glenn Davis
Douglas Elliman Real Estate
(917) 502-3629
3 in this area
111 Total Sales
About This Building
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10691949
APN: 0412-1285
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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