Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,370,000

· Closed October 1, 2025

196 Orchard Street #5C
Closed For Sale Condo

$1,370,000

$1,935 per sq ft

196 Orchard Street #5C

Lower East Side, Manhattan

MLS® #RLS20046626

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

708

Sq. Ft.

2018

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 708 sq ft
Year Built 2018
Ownership Condo
HOA/Common Charges $1,050/mo
Property Taxes $12,000/yr
Neighborhood Lower East Side
Floor 5 of 11

Property Highlights

  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 5 of 11
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2018
Living Area 708 sq ft
Structure Type MixedUse
Furnished Unfurnished
Parcel # 0412-1219
Block/Lot 00412/1219

Listing History

Event Date Price Change
Listed Sep 6, 2025 $1,400,000 -
Currently May 1, 2026 $1,370,000 -2.1%

Description

This meticulously designed one-bedroom, one-bathroom condominium offers a perfect blend of functionality and modern aesthetics for modern city living. Incorporated Architecture & Design has prioritized thoughtful space utilization, ensuring every square foot is optimized for comfortable living. In addition to the standard package available throughout 196 Orchard, this unit features a Lutron thermostat, living room chandelier, and light fixture in the bedroom (both on dimmers). Custom Lutron shades as well. High-Quality, Low-Maintenance Materials: - Durable Finishes: The residence features exposed concrete ceilings for a clean, industrial look that requires minimal upkeep. Elegant wide white oak floors are known for their longevity and resilience. - Light Fixtures: This unit has a chandelier in the living room and light fixture in the bedroom (both on dimmers). All lights are Lutron as is the thermostat. Shades are Lutron as well. Solar shades in both rooms, blackout in the bedroom. Functional Kitchen for the Discerning Cook: - Custom Design: The meticulously crafted kitchen by Incorporated Architecture & Design prioritizes both style and functionality. - Top-of-the-Line Appliances: Integrated Miele appliances, including a steam oven, refrigerator, dishwasher, wall oven, and 4-burner cooktop, ensure optimal performance and efficiency. - Organized Storage: Onyx lacquer cabinetry with bleached European walnut millwork provides ample storage, while thoughtful features like a kitchen island and built-in wine refrigerator promote organization and convenience. Luxurious Bathroom with Lasting Quality: - Timeless Materials: The luxurious bathroom boasts honed Blue de Savoie marble floors and wainscoting, known for their classic beauty and easy maintenance. A polished Bianco Dolomiti marble shower adds a touch of elegance, while polished chrome Waterworks fixtures provide lasting durability. - Ample Storage: The well-designed bathroom vanity offers ample storage with full overlay white lacquer cabinetry, a polished white quartz countertop, and a mirrored medicine cabinet with built-in cove lighting, maximizing functionality without sacrificing aesthetics. Additional Highlights: - Franke garbage disposal for effortless cleanup. - Miele stacked washer and dryer for laundry convenience within the unit. Overall, this residence caters to those who appreciate thoughtful design, high-quality materials, and a focus on functionality for a low-maintenance, comfortable living environment.

Features & Amenities

Interior Features

In Unit See Remarks

Building Amenities

Elevators

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 89
Stories 11
Structure MixedUse

Financial Details

Common Charges $1,050/mo
RE Taxes $12,000/yr ($1,000/mo)
Original Price $1,400,000
Sale Price $1,370,000
Previous Price $1,400,000

The Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.

Lower East Side Live Market Data

View Neighborhood

Active Listings

110

Median Asking Price

$1.28M

Median $/Sqft

$1,400

Avg Days on Market

N/A

New This Week

9

Price Reduced

30%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/1/26, 11:44 AM EST

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Location

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196 Orchard Street #5C, Lower East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2017
Year Built
9 years old
11
Floors
94
Residential Units
C6-2A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $26,799,694
Land Value: $3,262,959
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 14,388 SF
Building Area: 149,212 SF
Built FAR: 10.37
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,050 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $12,000, or roughly $1,000 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 708 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2018, making it approximately 8 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,370,000 for 708 sq ft, the asking price per square foot is approximately $1,935. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20046626
First Listed: 9/6/2025
On Market: 9/6/2025
Price Changed: 10/1/2025
Closed: 10/1/2025
Contract Date: 11/18/2024

Listing Courtesy of Compass - Brian Blessinger

Listing Contact: (347) 761-5017

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 3:44 PM UTC

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