Under Contract – Backup offers may be accepted
Pending · Listing by Compass
196 Orchard Street #8D
Lower East Side, Manhattan
$2,500,000
196 Orchard Street #8D
MLS® #RLS20085968
Listing by Compass
- 2
- Bedrooms
- 2
- Baths
- 1,205
- Sq. Ft.
- 2018
- Year Built
Quick Summary
Property Highlights
- Exposure: East,North facing
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | May 8, 2026 | $2,500,000 | - |
| Price Reduced | Jun 2, 2026 | $2,750,000 | +10.0% |
Description
This is the best high-floor split two-bedroom, two-bathroom apartment with the tallest ceilings in the building, crafted by Incorporated Architecture & Design, boldly designed yet perfectly polished. Features include exposed concrete ceilings and elegant wide white oak floors. Oversized industrial-style windows (with electronic shades) display double exposures facing north and east, with open city views of the east village all the way to Midtown Manhattan. The custom-designed kitchen by Incorporated marries style and functionality with integrated Miele appliances. The open kitchen offers onyx lacquer cabinetry with bleached European walnut millwork, polished Nero Marquina marble backsplash, a polished Zen Black quartz countertop complete with cabinet lighting, and a kitchen island with a polished white quartz countertop and an under-counter wine refrigerator. Fully integrated, state-of-the-art Miele appliances include a steam oven, refrigerator, dishwasher, wall oven, and 4-burner cooktop. The residence is completed with blackened nickel Waterworks fixtures, Franke garbage disposal, and Miele stacked washer and dryer. The luxurious 5-fixture master bathroom finishes boast honed Blue de Savoie marble floors and wainscoting, a polished Bianco Dolomiti marble shower, tub surround, and polished chrome Waterworks fixtures. The bathroom is complemented by a full overlay white lacquer vanity with a polished white quartz countertop and mirrored medicine cabinet over bleached European cove-lit cabinetry providing ample storage. The secondary bathroom features honed Athens grey marble flooring and wainscoting with a polished Bianco Dolomiti marble tub surround. Natural European walnut vanity with a polished white quartz countertop, and polished chrome Waterworks fixtures. A mirrored medicine cabinet and white lacquer cabinetry with cove lighting provide additional storage. This ultra-prime location celebrates the best of the Lower East Side with the East Village across the street with Soho and Nolita to the West. The broadest array of restaurants, retail, entertainment, and transportation and even a Soho-Ludlow House around the corner define this highly desirable neighborhood, a truly authentic New York experience. A two-story, 30,000-square-foot Equinox Fitness Center with a private entrance occupies the second and third floors. The building is crowned by a private residents-only 4,100-square-foot rooftop terrace with a sky lawn, cabana seating, two chef’s tables, and two alfresco kitchens. Additional amenities include a 24-hour attended lobby and bicycle storage. Working capital contribution Equal to 2 months of common charges paid by the purchaser
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Lower East Side
View All Lower East Side ListingsThe 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 NeighborhoodActive Listings
116
Median Asking Price
$1.10M
Median $/Sqft
$1,250
Avg Days on Market
N/A
New This Week
0
Price Reduced
33%
Sold (30 Days)
5
Median Sale Price
$795K
Live data from RLS at REBNY • Updated 8/11/26, 4:45 AM EST
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Location
196 Orchard Street #8D, Lower East Side, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $1,824.7 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $22,994.16, or roughly $1,916 per month. Verify the current assessment with your attorney before closing.
This property has 2 bedrooms and 2 full bathrooms.
The listed interior living area is 1,205 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: 3. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $2,500,000 for 1,205 sq ft, the asking price per square foot is approximately $2,075. 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 milton@miltoncoste.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) 416-7433Listing Courtesy of Compass - Leonard Steinberg
Listing Contact: (646) 375-1932
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 Data display by Keller Williams NYC. Data last updated on 8/11/2026 at 8:45 AM UTC
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Lower East Side Market Update
5 sales last 30 days · $1.10M median · 23.2 months supply
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Quick Facts
Monthly Costs Estimate
$500,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
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