NOT LISTED FOR SALE

Estimated Value: $1,095,000 - $1,662,000

1 Bed
1 Bath
694 Sq Ft
0.33 Acres

Last Sold December 19, 2018

Last sale price $1,565,000 $2,255 Per Sq Ft

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 September 2023

Residence 7E at 196 Orchard presents an exceptional opportunity for those seeking a luxurious one-bedroom, one-bathroom rental, also available furnished*. Available from September 1st, the unit faces North that captures breathtaking views of the iconic Manhattan Skyline. From the Chrysler Building to the bustling Midtown and the gleaming Hudson Yards, the panorama is simply awe-inspiring.

The residence showcases a meticulous blend of refined and bespoke elements, elevating the living experience to new heights. Custom walnut millwork and a Nero Marquina black marble kitchen adorned with top-of-the-line Miele appliances epitomize elegance. The Blue de Savoie marble bath, featuring nickel Waterworks fixtures, exudes sophistication. Architectural concrete ceilings and modernized oversized casement windows infuse the space with a contemporary charm. Throughout the home, wide plank oak flooring adds a touch of warmth and style.

The owner has thoughtfully customized both closets with built-ins as well as combined the hallway and bedroom closets for all of your storage needs. The bedroom itself offers motorized solar shades accompanied by blackout curtains, ensuring a restful ambiance. Additionally, the convenience of an in-unit washer/dryer further enhances the comfort and ease of daily living.

This residence also grants access to one of the most remarkable rooftops in downtown Manhattan. With its expansive 4,100 square feet, the amenity rooftop delights residents with stunning views from three exposures. Whether sunbathing or savoring the captivating cityscape day or night, the outdoor living room provides an inviting space. For those who appreciate al fresco dining, the rooftop offers a chef's table and two outdoor kitchens, perfect for entertaining and creating unforgettable memories.

Located at the southeast corner of Orchard and Houston, 196 Orchard is a highly sought-after address in the Lower East Side. Designed by renowned architects Ismael Leyva and Inc. Architecture and Design, this building stands as a testament to exceptional craftsmanship and contemporary design. Residents benefit from a 30,000 square foot Equinox gym on the ground level, with reduced membership prices available. The building also features a 24-hour doorman and a resident superintendent, ensuring convenience and peace of mind.

Within moments of this exceptional apartment, residents can explore a vibrant neighborhood filled with renowned restaurants, enticing shops, and convenient transportation options. The Lower East Side beckons with its eclectic charm, and Residence 7E at 196 Orchard offers an unparalleled opportunity to experience the epitome of sophisticated urban living.

*Unit can also be offered as a Partial or Fully Furnished unit.

Last Agent to Rent the Property

ERIC ZOLLINGER

Corcoran Group License #30ZO0896357 Listed on: 07/10/2023

Corcoran Group

Co-Listed By

Oren Giladi

Elegran LLC License #10401213968

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,816

Year Built

  • Built in 2017

Lot Details

  • 0.33

Interior Spaces

  • 694 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • North Facing Home
  • Central Air

Listing and Financial Details

  • Property Available on 9/1/23
  • Legal Lot and Block 7503 / 412

Community Details

Overview

  • Lower East Side Subdivision
  • 11-Story Property

Amenities

  • Rooftop Deck

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,816

Year Built

Built in 2017

Lot Details

0

Rental Info

  • Available Date: 2023-09-01

Listing Details

  • Cross Street: Stanton Street/East Houston Street
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Lower East Side
  • Entry Level: 7
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 694.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

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

Tax Info

  • Tax Block: 412
  • Tax Lot: 7503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2016
Closed on
Dec 19, 2018
Sold by
Mb-Reec Houston Property Owner Llc
Bought by
Conceicao Marta Dhanis
Seller's Agent
Justin Tuinstra
Douglas Elliman Real Estate
List Price
$1,565,000
Sold Price
$1,565,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.41%
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

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Rented $6,495 0.0% --
08/21/2023 08/21/23 Price Changed $6,495 -0.1% $9 / Sq Ft
07/24/2023 07/24/23 Price Changed $6,500 -6.5% $9 / Sq Ft
07/10/2023 07/10/23 For Rent $6,950 0.0% --
12/19/2018 12/19/18 Sold $1,565,000 0.0% $2,255 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
01/14/2016 01/14/16 For Sale $1,565,000 -- $2,255 / 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 $12,816 $105,206 $15,045 $90,161
2024 $12,816 $102,511 $15,045 $87,466
2023 $12,615 $100,903 $15,045 $85,858
2022 $10,042 $99,809 $15,045 $84,764
2021 $12,308 $100,332 $15,045 $85,287
2020 $12,200 $111,079 $15,045 $96,034
2019 $9,198 $73,012 $15,045 $57,967
2018 $1,687 $15,045 $15,045 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10891178

Real Estate Board of New York (REBNY)

APN: 0412-1253