Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,995,000

· Closed February 8, 2017

50 Orchard Street #6-C
Closed For Sale Condo

$1,995,000

$1,597 per sq ft

50 Orchard Street #6-C

Lower East Side, Manhattan

MLS® #RLS10071520

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,249

Sq. Ft.

2005

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,249 sq ft
Year Built 2005
Ownership Condo
HOA/Common Charges $646/mo
Property Taxes $15,612/yr
Neighborhood Lower East Side
Floor 6 of 10

Property Highlights

  • Views: City
  • Exposure: West facing

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 2 Full
Floor 6 of 10
View City
Exposure West
Pets Yes
Cross Street Hester Street/Canal Street
Year Built 2005
Living Area 1,249 sq ft
Block/Lot 309/3

Listing History

Event Date Price Change
Listed Sep 27, 2016 $1,995,000 -
Price Reduced Oct 19, 2016 $2,095,000 +5.0%

Description

The best deal in the LES - 1,249 square feet of Condo for under $2 million! Step out of the elevator and right into your huge open kitchen and living room, where you soak in the light and views from your huge West facing windows. With enough space to accommodate multiple layouts, this is a living room to come home to. The lovely kitchen features a full Bosch appliance package as well as a huge island with bar seating - excellent for entertaining. The spacious Master Bedroom includes a large walk-in closet and en suite bathroom with double vanity and over-sized shower. The second bedroom has ample closet space and room for the bed of your choice, and the second bathroom has a large soaking tub. The apartment also has a vented washer/dryer, power blinds, white-pine hardwood flooring throughout, and comes with a private storage unit! Head on up to the furnished roof deck for panoramic views from the Freedom Tower to Midtown, and relish in your new apartment in the middle of it all.
So why is this apartment so great? It?s by far the largest Condo on the market under $2 million, and roughly $500 cheaper/sq.ft. than the new condos in the neighborhood. Looking to invest? The apartment will easily bring you $6500/month in rent. Oh, and the monthly costs are incredibly low for Manhattan. More importantly, the neighborhood. Orchard St. is home to more than 15 art galleries (there?s one downstairs). Restaurant and bar options are nearly limitless. Transportation is a breeze - under 5 minutes to the F,J,M,Z, B, and D trains. And finally, the neighborhood is on the receiving end of the most innovative, amenity-laden, new commercial and residential development in the city! The new Essex Crossing (2 blocks away) will feature a ?world class marketplace stretching over 150,000 sq.ft. across 3 buildings.? There?s a movie theater, bowling alley, new gyms, a Warhol Museum, Smorgasborg, Trader Joe?s, urban rooftop farm, and the Lowline coming. So what?s already the coolest neighborhood in the city is only getting better, which your property value will certainly reflect. Finally, you?re only minutes from Soho, the Village, FiDi, and Williamsburg. Everything at your fingertips - that?s why we live here, right?

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed New Windows

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $646/mo
RE Taxes $15,612/yr ($1,301/mo)
Previous Price $2,095,000

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

116

Median Asking Price

$1.30M

Median $/Sqft

$1,400

Avg Days on Market

N/A

New This Week

10

Price Reduced

28%

Sold (30 Days)

6

Median Sale Price

$1.15M

Live data from RLS at REBNY • Updated 5/9/26, 12:14 PM EST

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Location

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50 Orchard Street #6-C, Lower East Side, New York County • Near Hester Street/Canal Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2003
Year Built
23 years old
10
Floors
26
Residential Units
C6-2
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $6,418,022
Land Value: $389,253
Exemptions: $0

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

Lot Area: 6,562 SF
Building Area: 36,388 SF
Built FAR: 5.55
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 $646 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $15,612, or roughly $1,301 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 1,249 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2005, making it approximately 21 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 $1,995,000 for 1,249 sq ft, the asking price per square foot is approximately $1,597. 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: RLS10071520
First Listed: 9/27/2016
Price Changed: 10/19/2016
Closed: 2/8/2017
Contract Date: 9/27/2016

Listing Courtesy of Compass - Sean Brewer

Listing Contact: (785) 550-9251

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 5/9/2026 at 4:14 PM UTC

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