NOT LISTED FOR SALE

196 Orchard St, Unit 10F New York, NY 10002

Lower East Side Neighborhood

Estimated Value: $1,866,000 - $2,578,000

2 Beds
2 Baths
1,217 Sq Ft
$1,616/mo HOA Fee

Last Sold August 18, 2021

Last sale price $2,495,000 $2,050 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $16,257/month

106 Days on Market

Highlights

  • Newly Remodeled
  • 4-minute walk to Lower East Side-2 Avenue
  • Laundry Facilities
  • P.S. 110 Florence Nightingale Rated A
  • City View
  • 1-minute walk to Peretz Square

About This Home

As of August 2021

10F is a 1,217 square foot high-floor, corner two bedroom with two full baths. Stunning north, south and west exposures through oversized casement windows surrounded in bronze provide expansive views and welcome sunlight throughout the day. With a nod to the rich history of the neighborhood, the interiors of each home are a blend of industrial and refined elements such as concrete 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.

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 façade marries the turn-of-the-century New York industrial character of the Lower East Side with a lifestyle that is distinctly luxurious. The muscular façade 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.

Last Agent to Sell the Property

Richard Hottinger

Corcoran Group License #10301214388 Listed on: 04/07/2021

Corcoran Group

Co-Listed By

Norma Callahan

Douglas Elliman Real Estate License #30CA1030495

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,895

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.33

HOA Fees

  • $1,616 Monthly HOA Fees

Interior Spaces

  • 1,217 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Tax Block 412

Community Details

Overview

  • 83 Units
  • Lower East Side Subdivision
  • 10-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,895

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$1,616 per month

Listing Details

  • Cross Street: STANTON STREET and EAST HOUSTON STREET
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lower East Side
  • Entry Level: 10
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1217.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1615.76
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Units: 83
  • Total Stories: 10
  • Year Built: 2017

Tax Info

  • Tax Block: 412
  • Tax Annual: 23895.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Aug 17, 2021
Sold by
Mb-Reec Houston Property Owner
Bought by
Abraham Lowy As Trustee and The A Platinum Trust
Seller's Agent
Richard Hottinger
Corcoran Group
List Price
$2,495,000
Sold Price
$2,495,000
Current Estimated Value
$2,292,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$202,972
Avg. Annual Appreciation
-2.19%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abraham Lowy As Trustee $2,495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham Lowy As Trustee $1,848,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $2,495,000 0.0% $2,050 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $2,495,000 -- $2,050 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 $22,475 $179,769 $26,384 $153,385
2023 $21,706 $176,948 $26,384 $150,564
2022 $21,415 $175,030 $26,384 $148,646
2021 $21,583 $175,946 $26,384 $149,562
2020 $24,296 $194,792 $26,384 $168,408
2019 $16,130 $128,036 $26,384 $101,652
2018 $2,959 $26,384 $26,384 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Hottinger

    Seller's Agent in 2021

    Richard Hottinger

    Corcoran Group

    (917) 930-4210

    17 in this area

    94 Total Sales

    Richard Hottinger
    Section Image
  • Norma Callahan

    Seller Co-Listing Agent in 2021

    Norma Callahan

    Douglas Elliman Real Estate

    (917) 373-0250

    7 in this area

    16 Total Sales

    Norma Callahan
    Section Image
See All Agents

About This Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10709709

Real Estate Board of New York (REBNY)

APN: 0412-1286

New York New York County New York 10002 Lower East Side

196 Orchard St Unit 10F, New York, NY

This home is located at 196 Orchard St Unit 10F, New York, NY 10002 since 07 April 2021 and is currently estimated at $2,292,028, approximately $1,883 per square foot. This property was built in 2017. 196 Orchard St Unit 10F is a home located in New York County with nearby schools including Anna Silver Elementary, The STAR Academy, and East Village Community School.

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Real Estate Board of New York (REBNY) 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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