NOT LISTED FOR SALE

Estimated Value: $1,644,000 - $2,459,000

2 Beds
2 Baths
1,205 Sq Ft
$1,737/mo HOA Fee

Last Sold June 27, 2024

Last sale price $2,350,000 $1,950 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $14,901/month

51 Days on Market

Highlights

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

About This Home

As of June 2024

Experience the charm and elegance of Apartment 5D, a highly sought-after corner two-bed, two-bath residence spanning 1,205 SF adorned with natural light. As you enter, a gracious foyer offers a proper landing full of abundant closet space. The heart of this home is a chef’s dream kitchen, featuring an oversized eat-in island, warm walnut custom millwork, Nero Marquina black marble countertops, a 102-bottle upright wine refrigerator, and top-of-the-line Miele appliances. The living and dining area seamlessly connects, creating an ideal space for entertaining.

The primary bedroom is a sunlit retreat adorned with ample custom closets. The primary bathroom exudes luxury, featuring Blue de Savoie marble, a soaking tub, a standing shower, and a double custom vanity for storage.

Across the hall, the secondary bedroom awaits, accompanied by beautiful custom closets and a well-appointed second bathroom for guests’ convenience. This home is complete with an in-unit washer/dryer and motorized shades throughout.

196 Orchard stands as a full-service condominium, crafted by the NYC-based firm Incorporated Architecture & Design. The building boasts a 24-hour attended lobby, private storage, a bicycle room, and a furnished 4,300 sq. ft. rooftop terrace. This elevated retreat offers two outdoor kitchens, dedicated dining and entertaining areas, and breathtaking city views. Residents also enjoy an exclusive discount at the two-story in-building Equinox Fitness Club. Nestled amidst trendy restaurants, bars, cafes, grocery stores and shops. Convenient access to nearby subway lines, including B/D/F/M/J/Z, completes the picture of seamless city living.

Last Agent to Sell the Property

Stefani Berkin

R New York License #10491204318 Listed on: 03/26/2024

R New York

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,903

Year Built

  • Built in 2017

Lot Details

  • 0.33

HOA Fees

  • $1,737 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,205 Sq Ft Home
  • New Windows
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,903

Year Built

Built in 2017

Lot Details

0

HOA Fees

$1,737 per month

Listing Details

  • Cross Street: Stanton Street/East Houston Street
  • Exposures: East,North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lower East Side
  • Entry Level: 5
  • Structure Type: None
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Interior Features: Dining Area, Entrance Foyer, Kitchen Window
  • Appliances: Dryer, Washer
  • Living Area: 1205.0
  • Living Area Units: Square Feet
  • Window Features: New Windows

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Storage, Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1736.82
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 11
  • Year Built: 2017

Tax Info

  • Tax Block: 412
  • Tax Lot: 7503
  • Tax Annual: 21903.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Jun 27, 2024
Sold by
Tnl Ny Llc
Bought by
Post Corey
Seller's Agent
Stefani Berkin
R New York
List Price
$2,495,000
Sold Price
$2,350,000
Premium/Discount to List
-$145,000
-5.81%
Views
18
Current Estimated Value
$2,150,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$199,880
Avg. Annual Appreciation
-5.99%

Purchase Details

Closed on
Jan 29, 2021
Sold by
Lipman Trustee Sheryl and Taylor N Lipman Irrevocable Trust
Bought by
Tnl Ny Llc

Purchase Details

Listed on
Apr 26, 2019
Closed on
Mar 4, 2020
Sold by
Mb-Reec Houston Property Owner Llc
Bought by
Jaime Weisinger As Trustee and Sheryl Lipman As Trustee
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Post Corey $2,350,000 --
Tnl Ny Llc -- --
Tnl Ny Llc -- --
Jaime Weisinger As Trustee $2,375,000 --
Jaime Weisinger As Trustee $2,375,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2024 06/27/24 Sold $2,350,000 -5.8% $1,950 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $2,495,000 -0.2% $2,071 / Sq Ft
04/20/2022 04/20/22 Off Market $2,500,000 -- --
03/04/2020 03/04/20 Sold $2,500,000 0.0% $2,075 / Sq Ft View Prior Sale
02/13/2020 02/13/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $2,500,000 -- $2,075 / 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 $22,252 $182,669 $26,123 $156,546
2024 $22,252 $177,990 $26,123 $151,867
2023 $21,491 $175,197 $26,123 $149,074
2022 $21,148 $173,298 $26,123 $147,175
2021 $21,370 $174,206 $26,123 $148,083
2020 $24,056 $192,865 $26,123 $166,742
2019 $15,970 $126,770 $26,123 $100,647
2018 $2,929 $26,123 $26,123 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10975552

Real Estate Board of New York (REBNY)

APN: 0412-1220