$1,325,000
SOLD OCT 11, 2024
1 Bed
1 Bath
681 Sq Ft
$1,002/mo HOA Fee

Recently Sold

$1,946 Per Sq Ft

4% Below List Price

48 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Lower East Side-2 Avenue
  • Central Air
  • P.S. 110 Florence Nightingale Rated A
  • City View
  • 1-minute walk to Peretz Square

About This Home

As of October 2024

UNOBSTRUCTED VIEWS - CITY SIGHTS SEEN FOR MILES!

Welcome Home to residence 4F at 196 Orchard Street, a spectacular 681 square foot one bedroom. From the moment you enter onto the wide plank white oak flooring in your entry foyer you will immediately feel at home. Soaring concrete architectural ceilings invite and delight the eyes, which gaze through the Low-E industrial style casement windows to city views for miles. Cook in style and comfort in the lavish open kitchen with island. Nero Marquina marble backsplash, polished Zen Black quartz counters, appliances by Miele (including steam oven), wine cooler by Summit and Blanco stainless steel sink with Franke garbage disposal offer a fully functional culinary experience with plenty of storage space within the soft-closing lacquer cabinetry.

A stunning bathroom dazzles with an Athens Grey marble floors and polished Bianco Dolomiti marble shower with a lacquer vanity. The home features laundry closets with in-unit washer and dryer by Miele and a centralized, vertical heating and cooling system. Truly unique, 196 Orchard is the brainchild of noted architect Ismael Leyva with interiors by INC Architecture & Design.

The building boasts a 4,100 square foot rooftop terrace with outdoor kitchens and cabanas to enjoy near 360 degree city views. Anchoring the building is a 30,000 square foot Equinox gym. Bike storage is available.

Last Agent to Sell the Property

David Alex Andrejko

Douglas Elliman Real Estate License #10401237124 Listed on: 05/06/2024

Douglas Elliman Real Estate

Co-Listed By

Amin Fartab

Douglas Elliman Real Estate License #10401321696

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,577

Year Built

  • Built in 2017

HOA Fees

  • $1,002 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 681 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Additional Features

  • North Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 1206 / 00412

Community Details

Overview

  • 83 Units
  • High-Rise Condominium
  • Lower East Side Subdivision
  • 10-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,577

Year Built

Built in 2017

Lot Details

0

HOA Fees

$1,002 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lower East Side
  • Entry Level: 4
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 681.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Spa/Hot Tub
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1002.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 83
  • Total Stories: 10
  • Year Built: 2017

Tax Info

  • Tax Block: 00412
  • Tax Lot: 1206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Oct 11, 2024
Sold by
Orchard Iv Llc
Bought by
Stewart Nathaniel William
Seller's Agent
David Alex Andrejko
Douglas Elliman Real Estate
List Price
$1,375,000
Sold Price
$1,325,000
Premium/Discount to List
-$50,000
-3.64%
Views
16
Current Estimated Value
$1,199,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$125,254
Avg. Annual Appreciation
-5.98%
Original Mortgage
$766,551
Outstanding Balance
$760,569
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$488,333

Purchase Details

Listed on
Mar 12, 2019
Closed on
Mar 11, 2019
Sold by
Mb-Reec Houston Property Owner Llc
Bought by
Orchard Iv Llc
Seller's Agent
David Alex Andrejko
Douglas Elliman Real Estate
Sold Price
$5,500

Home Financials for this Owner

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

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,325,000 --
Deed $1,448,915 --
Deed $1,448,915 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $766,551 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $1,325,000 -3.6% $1,946 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $1,375,000 0.0% $2,019 / Sq Ft
08/29/2023 08/29/23 Off Market $6,000 -- --
06/13/2023 06/13/23 Off Market $6,000 -- --
08/25/2022 08/25/22 Under Contract -- -- --
08/24/2022 08/24/22 Rented $6,000 0.0% --
08/08/2022 08/08/22 Price Changed $6,000 -7.7% $9 / Sq Ft
07/09/2022 07/09/22 For Rent $6,500 +20.4% --
03/12/2021 03/12/21 Rented -- -- --
01/28/2021 01/28/21 For Rent $5,400 -1.8% --
03/13/2019 03/13/19 For Rent $5,500 -99.6% --
03/13/2019 03/13/19 Rented -- -- --
03/11/2019 03/11/19 Sold $1,500,000 0.0% $2,203 / Sq Ft
02/26/2019 02/26/19 Pending -- -- --
04/04/2018 04/04/18 For Sale $1,500,000 -- $2,203 / 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
2025 $12,577 $103,245 $14,765 $88,480
2024 $12,577 $100,600 $14,765 $85,835
2023 $12,147 $99,021 $14,765 $84,256
2022 $11,984 $97,948 $14,765 $83,183
2021 $12,078 $98,461 $14,765 $83,696
2020 $13,597 $109,008 $14,765 $94,243
2019 $9,027 $71,650 $14,765 $56,885
2018 $1,656 $14,765 $14,765 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10973420

Real Estate Board of New York (REBNY)

APN: 0412-1206