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A blog from CityRealty (Links below will take you to the 6sqft site)

196 Orchard Street

Between Stanton Street & East Houston Street

Key Details

  • Year Built 2017
    Building Type Condominium
    Neighborhood Lower East Side
  • Total Apartments 94
    Total Floors 11
    Doorman FT Doorman
$2,006
Avg. Price / ft2
$95
Avg. Price / ft2
$2,031
Avg. Price / ft2

Rating

23
Out of 44

Architecture Rating: 23 / 44

+
25
Out of 36

Location Rating: 25 / 36

+
12
Out of 39

Features Rating: 12 / 39

+
8
=
68

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #15 Rated condo - Lower East Side
 

Description

Having come into its own as a 21st century residential neighborhood, the Lower East Side is home turf to this handsome black and bronze brick-fronted condominium building with industrial-style casement windows; a landscaped roof deck is visible from the street. Within, apartments consist of studios, one-, two- and three-bedrooms, topped by a four-bedroom penthouse with a private terrace. Interiors have 12-foot ceilings, kitchens with Miele appliances and quartz worktops and luxurious marble master baths. Amenities include a 4,400-square-foot roof deck with a sky lawn, outdoor kitchens, chef’s tables and cabana seating that takes advantage of skyline and Empire State Building views–all in addition to a full-time doorman, a bike room and private storage. The building’s second and third floors are occupied by a 30,000-square-foot Equinox Fitness Center and spa with a private entrance; residents are entitled to a special discount. The classic downtown neighborhood is convenient to public transportation and offers endless options for culture, dining and entertainment. New York institution Katz’s Delicatessen is right next door, and Russ and Daughters is just steps away. Non-deli choices include Ivan Ramen, Prune and Clinton Street Baking Company for brunch, to name just a few of hundreds. Fashionistas can hit Frankie Shop, and The New Museum is just around the corner.

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Building Amenities

  • Attended Lobby
  • FT Doorman
  • Post War
  • Basement Storage
  • Elevator
  • Fitness Center
  • Rooftop Terrace
  • Outdoor Entertainment Space
  • Bike Room
  • Terraces / Balconies
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Apartments for Sale at 196 Orchard Street (7)

7
Available Apts
$1.3M - $3.2M
Price Range
$2,006
Avg. Price / ft2
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Apartments for Rent at 196 Orchard Street (5)

5
Available Apts
$3,900
Prices Start At
$95
Avg. Price / ft2
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Carter Horsley's Review

Carter Horsley's Building Review
"This handsome, 11-story building at 196 Orchard Street on the Lower East Side was developed by Magnum Real Estate, of which Ben H. Shaoul is a principal, and Real Estate Equities Corporation. 

It has been designed by Ismael Leyva. " Read Carter's Full Review
Pros
  • Bicycle room
  • Garage
  • Some terraces
  • Bronze window surrounds
  • Concierge
  • Storage
  • Fitness center
  • Doorman
  • Roof deck
  • Close to Subway
Cons
  • No sidewalk landscaping
  • No balconies
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More Neighborhood Info

Subways

  1. F
at 2nd Ave and Houston 0.14 miles
  1. J
  2. M
  3. Z
at Essex 0.25 miles
  1. B
  2. D
at Chrystie 0.42 miles
  1. 6
at Lafayette 0.44 miles
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$2,031
Avg. Price / ft2
Based on 39 Sales
 

Closing History - Last 10 sales

View All Closed Transactions
10
Units Sold
$950K - $2.4M
Price Range
$1,873
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 161 Available for Sale
  • $1,698 Avg. Price / Ft2
  • $1,833,964 Avg. Price
  • $1,375,000 Median Price
  1. Most Expensive 170 Eldridge Street Apt TH | $8,750,000
    Price / ft2 $1,458
  2. Least Expensive Seward Park (1-2) Apt B1502 | $489,000
    Price / ft2 $978
Not enough data available to generate chart.
  • 55 Available for Rent
  • $76 Avg. Price / Ft2
  • $6,961 Avg. Price
  • $5,200 Median Price
  1. Most Expensive 100 Norfolk Street Apt PHBC | $27,500
    Price / ft2 $106
  2. Least Expensive 212 Forsyth Street Apt 16 | $1,800
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 381 Total Sales
  • $1,834 Avg. Price / Ft2
  • $1,650,951 Avg. Price
  • $1,441,465 Median Price
  1. Most Expensive FORSYTH Apt PH | $7,600,000
    Price / ft2 $2,741
  2. Least Expensive Grace Devine Condominium Apt 201 | $398,000
    Price / ft2 $758

Alternate Address

  • 194 Orchard Street

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