Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
196 ORCHARD Street #5K
Interested in this property?
Active For Sale Condo

$1,465,000

$1,946 per sq ft

196 ORCHARD Street #5K

Lower East Side, Manhattan

196 Orchard

MLS® #RLS20067863

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1

Bath

753

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 753 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $1,165/mo
Property Taxes Contact for details
Neighborhood Lower East Side
Floor 5 of 10

Property Highlights

  • Views: City
  • Exposure: West facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 5 of 10
View City
Exposure West
Cooling Central Air
Pets Yes
Year Built 2017
Living Area 753 sq ft
Structure Type HighRise
Basement Other
Parcel # 0412-1226
Block/Lot 00412/1208

Listing History

Event Date Price Change
Listed Jan 20, 2026 $1,465,000 -
Currently May 4, 2026 $1,465,000 -

Description

Residence 5K is a bright and beautifully proportioned one-bedroom home spanning 753 square feet, designed to maximize light and comfort. West-facing oversized bronze-framed casement windows flood the residence with afternoon sun, casting a warm glow across the white oak floors and creating an inviting, airy atmosphere throughout the day. Storage space is abundant with a customized walk-in closet in the bedroom and multiple entry closets.

The interiors thoughtfully blend industrial character with refined finishes, paying homage to the neighborhood’s rich history. 9-foot concrete ceilings add a loft-like feel, while warm walnut custom millwork brings depth and balance. The sleek Nero Marquina black marble kitchen and spa-inspired Blue de Savoie marble bath are complemented by top-of-the-line Miele appliances, blackened nickel Waterworks fixtures, and an in-residence washer and dryer for effortless living.

At 196 Orchard, the living experience extends well beyond the home. Residents enjoy a curated suite of amenities, including a stunning 4,100-square-foot rooftop retreat with an outdoor living room, sun-drenched lounges, and breathtaking city views by night. Entertain around the chef’s table or prepare meals in one of two fully equipped outdoor kitchens. A 30,000-square-foot Equinox anchors the building, with residents offered preferred membership pricing, alongside the convenience of a 24-hour doorman and a dedicated resident superintendent.

Designed by globally acclaimed architect Ismael Leyva in collaboration with New York–based INC Architecture & Design, 196 Orchard is a bold celebration of contrast. Its striking facade—crafted from hand-laid black and bronze-glazed brick imported from Spain—echoes the industrial spirit of the Lower East Side while embracing a distinctly modern, luxurious lifestyle. Positioned at the iconic corner of Orchard and Houston, residents are moments from the neighborhood’s most sought-after boutiques, restaurants, and ever-evolving nightlife—placing the energy of downtown Manhattan right at your doorstep.

Features & Amenities

Interior Features

Building Other Washer Hookup In Unit

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Spa Hot Tub

Appliances

Washer Dryer Allowed

Building Information

Building 196 Orchard
Building Data View Compliance & Permits
Total Units 83
Stories 10
Structure HighRise

Financial Details

Common Charges $1,165/mo
RE Taxes Contact for details

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

113

Median Asking Price

$1.27M

Median $/Sqft

$1,407

Avg Days on Market

N/A

New This Week

9

Price Reduced

29%

Sold (30 Days)

4

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 5/3/26, 11:54 PM EST

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Location

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196 ORCHARD Street #5K, Lower East Side, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

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 $1,165 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 753 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2017, making it approximately 9 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 $1,465,000 for 753 sq ft, the asking price per square foot is approximately $1,946. 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: RLS20067863
First Listed: 1/20/2026
On Market: 1/20/2026
Price Changed: 1/20/2026
Contract Date: 1/20/2026

Listing Courtesy of Corcoran Group - Gabriella Abdelnour

Listing Contact: (305) 924-5080

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 5/4/2026 at 3:54 AM UTC

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