1 month on rocket

196 Orchard St Unit 5F, New York City, NY, 10002

$1,395,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
681 SqFt
$2,048/SqFt
Condo

Location

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196 Orchard St Unit 5F, New York$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built2017
CoolingCentral Air
ViewCity
MLS #RPLU-33423201616
StatusActive

About 196 Orchard St Unit 5F

Residence 5F is a sunny, 681 square foot one bedroom with one full bath and Empire State Building views to the north 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. The kitchen features luxury Miele appliances and blackened nickel Waterworks fixtures, washer and dryers as well as outfitted closets.<br>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.<br>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.<br>

Property Details

Property Features

Property Information:

  • Year Built: 2017
  • Living Area: 681 SqFt

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Richard Hottinger
  • Agent Phone: (917) 930-4210

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Building Roof Deck, None

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000
  • Price Per SqFt: $2,048/SqFt

HOA Fees:

  • Amount: $967
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

196 Orchard St Unit 5F vs New York

52 DAYS ON ROCKET

-32 Days

$1,395,000

+$538.8K More

$2,048/SqFt

+$1.4K More

KEY TAKEAWAY

This property is $538.8K more than the Median Sold Price and $1.4K/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33423201616

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Richard Hottinger
  • Agent Phone: (917) 930-4210

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/22/2024, 8:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,997

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-562082
2
/10
  • PS 20 Anna Silver

  • 166 Essex St

  • 0.10 miles

  • Public District Grades PK-5

school-card-donut-562083
5
/10
  • Star Academy PS 63 (The)

  • 121 E 3rd St

  • 0.16 miles

  • Public District Grades PK-5

school-card-donut-562084
5
/10
  • Manhattan Charter School

  • 100 Attorney St

  • 0.33 miles

  • Public Charter Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,685. Residents of New York, NY typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 196 Orchard St Unit 5F

What is the listing price of this property?

The listing price of 196 Orchard St Unit 5F property is $1,395,000.

What type of property is this?

The property 196 Orchard St Unit 5F is a condo located in New York City, New York, 10002.

Is this property for sale now?

Active Listing: 196 Orchard St Unit 5F is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 196 Orchard St Unit 5F has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 196 Orchard St Unit 5F is 681 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 196 Orchard St Unit 5F is 2017.

Rocket HomesNew YorkNew York10002196 Orchard St Unit 5F

This home is located at 196 Orchard St Unit 5F in New York City, NY and zip code 10002 in the Lower East Side neighborhood. This 681 square foot home was built in 2017. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $1,395,000.

In October 2024 more than 269 listings in New York, NY were sold above the asking price. During the same period more than 850 listings were sold at asking price, while more than 833 were sold below. Between September 2024 and October 2024, New York, NY real estate market has seen increase in the number of listings by 1.8%. Listings spent 84 days on the market in October 2024, and had a median list price of $856,124 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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