1
Bed
1
Bath
733
Sq Ft
$973/mo
HOA Fee
Highlights
- Newly Remodeled
- 4-minute walk to Lower East Side-2 Avenue
- 1-minute walk to Peretz Square
- P.S. 110 Florence Nightingale Rated A
- West Facing Home
About This Home
As of July 2022IMMEDIATE OCCUPANCY
Residence 7J is a sunny, 733 square foot one bedroom with one full bath that faces west through oversized casement windows surrounded in bronze, spilling sunlight onto white oak floors. With a nod to the rich history of the neighborhood, the interiors are a blend of industrial and refined elements such as concrete 10? 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 and washer and dryers.
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 facade marries the turn-of-the-century New York industrial character of the Lower East Side with a lifestyle that is distinctly luxurious. The muscular facade 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 artists' 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 night spots in New York City.
SPONSOR MAKES NO REPRESENTATION OR WARRANTIES EXCEPT AS MAY BE SET FORTH IN THE OFFERING PLAN. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD 15-0263. SPONSOR: MB-REEC HOUSTON PROPERTY OWNER LLC, 594 BROADWAY, SUITE 1010, NEW YORK, NEW YORK 10010. EQUAL HOUSING OPPORTUNITY.
Last Agent to Sell the Property
Corcoran Group License #10491203566 Listed on: 05/10/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,388
Year Built
- Built in 2017 | Newly Remodeled
HOA Fees
- $973 Monthly HOA Fees
Home Design
- 733 Sq Ft Home
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Additional Features
- Washer Dryer Allowed
- West Facing Home
Community Details
- 83 Units
- 196 Orchard Condos
- Lower East Side Subdivision
- 10-Story Property
Listing and Financial Details
- Tax Block 00412
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2021
Closed on
Jul 11, 2022
Sold by
Mb-Reec Houston Property Owner Llc
Bought by
Weissman Sonja
Seller's Agent
Helen Monti
Corcoran Group
List Price
$1,375,000
Sold Price
$1,403,094
Premium/Discount to List
$28,094
2.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.77%
Original Mortgage
$1,100,000
Outstanding Balance
$1,056,807
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$313,840
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,403,093 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,100,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Price Changed | $1,425,000 | -4.7% | $1,944 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $1,495,000 | +6.6% | $2,040 / Sq Ft |
| 06/16/2023 06/16/23 | Off Market | $1,403,094 | -- | -- |
| 07/11/2022 07/11/22 | Sold | $1,403,094 | +2.0% | $1,914 / Sq Ft |
| 05/13/2022 05/13/22 | Pending | -- | -- | -- |
| 04/21/2022 04/21/22 | Price Changed | $1,375,000 | 0.0% | $1,876 / Sq Ft |
| 04/21/2022 04/21/22 | For Sale | $1,375,000 | -2.0% | $1,876 / Sq Ft |
| 04/06/2022 04/06/22 | Off Market | $1,403,094 | -- | -- |
| 03/17/2022 03/17/22 | For Sale | $1,500,000 | +6.9% | $2,046 / Sq Ft |
| 02/02/2022 02/02/22 | Off Market | $1,403,094 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $13,536 | $111,115 | $15,890 | $95,225 |
| 2024 | $13,536 | $108,270 | $15,890 | $92,380 |
| 2023 | $13,073 | $106,571 | $15,890 | $90,681 |
| 2022 | $12,898 | $105,416 | $15,890 | $89,526 |
| 2021 | $12,999 | $105,968 | $15,890 | $90,078 |
| 2020 | $14,633 | $117,318 | $15,890 | $101,428 |
| 2019 | $9,715 | $77,113 | $15,890 | $61,223 |
| 2018 | $1,782 | $15,890 | $15,890 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
F
Seller's Agent in 2025
Frank Barone
Douglas Elliman Real Estate
(860) 817-6612
3 Total Sales
-
Seller Co-Listing Agent in 2025
Fredrik Eklund
Douglas Elliman Real Estate
(206) 423-9055
1 in this area
432 Total Sales
-
Seller Co-Listing Agent in 2025
John Gomes
Douglas Elliman Real Estate
(212) 727-6178
316 Total Sales
-
Seller's Agent in 2022
Helen Monti
Corcoran Group
(646) 734-4074
5 in this area
18 Total Sales
About This Building
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10906905
APN: 0412-1257
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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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