RENTED APR 18, 2025
3 Beds
3.5 Baths
1,997 Sq Ft
2017 Built

Last Sold September 23, 2022

Last sale price $4,995,000 $2,501 Per Sq Ft

Highlights

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

About This Home

As of April 2025

3BR + WINDOWED HOME OFFICE PENTHOUSE WITH TERRACE AND SKYLINE VIEWS

PHC is a one of a kind 1,997 SF corner penthouse residence at the highly-sought after 196 Orchard full-service condominium on the Lower East Side. The oversized residence boasts 3 bedrooms, 3.5 bathrooms, plus separate windowed home office. The penthouse level has dramatic 12" ceiling heights with the iconic glazed concrete ceilings. With open views to the North of the entire Manhattan skyline including the Empire State and Chrysler Buildings and windows to the East and West, light pours in throughout the day and sunrise and sunset are enjoyed. A terrace with access from the living room and primary bedrom enjoys the views and comes equipped with a building hooked up BBQ grill.
The interiors of the 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. The residence has luxury Miele appliances and blackened nickel Waterworks fixtures. The kitchen features a full-size win refrigerator, pantry shelving, vented stovetop hood, and garbage disposal. Custom home details have been added including gorgeous track lighting, custom woodwork throughout, and custom cabinetry and closet build-outs. It's truly a peaceful masterpiece above Houston Street you must to see.
Storage unit also available for purchase.

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 live-in resident manager.
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 fa ade marries the turn-of-the-century New York industrial character of the Lower East Side with a lifestyle that is distinctly luxurious. The muscular fa ade 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 Rent the Property

Richard Hottinger

Corcoran Group License #10301214388 Listed on: 03/13/2025

Corcoran Group

Co-Listed By

Sari Ingerman

Corcoran Group License #10401252411

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2017

Interior Spaces

  • 1,997 Sq Ft Home
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Property Available on 3/10/25
  • Legal Lot and Block 1290 / 00412

Community Details

Overview

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

Amenities

  • Rooftop Deck

Condo Details

Home Type

Condominium

Year Built

Built in 2017

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2025-03-10

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Lower East Side
  • Entry Level: 11
  • Structure Type: High Rise
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1997.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck, PrivateOutdoorSpaceOver60Sqft
  • Patio/Porch Features: None, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Spa/Hot Tub
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Building Info

  • New Construction: No
  • Building Name: 196 Orchard
  • Units: 83
  • Total Stories: 10
  • Year Built: 2017

Tax Info

  • Tax Block: 00412
  • Tax Lot: 1290

Range of Values:

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Average Value
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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
04/18/2025 04/18/25 Rented $20,950 +5.0% --
03/20/2025 03/20/25 Price Changed $19,950 -9.1% $10 / Sq Ft
03/10/2025 03/10/25 For Rent $21,950 0.0% --
06/16/2023 06/16/23 Off Market $4,995,000 -- --
09/23/2022 09/23/22 Sold $4,995,000 0.0% $2,501 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
07/03/2022 07/03/22 Off Market $4,995,000 -- --
06/07/2022 06/07/22 For Sale $4,995,000 0.0% $2,501 / Sq Ft
06/03/2022 06/03/22 Price Changed $4,995,000 -10.7% $2,501 / Sq Ft
01/21/2022 01/21/22 For Sale $5,595,000 -- $2,802 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20008848

Real Estate Board of New York (REBNY)