Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,975,000

· Closed November 16, 2015

50 ORCHARD Street #7C
Closed For Sale Condo

$1,975,000

$1,558 per sq ft

50 ORCHARD Street #7C

Lower East Side, Manhattan

MLS® #RLS10056238

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2

Baths

1,268

Sq. Ft.

2003

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,268 sq ft
Year Built 2003
Ownership Condo
HOA/Common Charges $646/mo
Property Taxes $12,588/yr
Neighborhood Lower East Side
Floor 7 of 10

Property Highlights

  • Views: City
  • Exposure: West facing
  • Outdoor Space: Building Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 7 of 10
View City
Exposure West
Cooling Wall Units
Pets Yes
Cross Street Hester Street & Canal Street
Year Built 2003
Living Area 1,268 sq ft

Listing History

Event Date Price Change
Listed Sep 3, 2015 $1,998,000 -
Currently May 9, 2026 $1,975,000 -1.2%

Description

A Must See on the Lower East Side! Private keyed elevator access opens to reveal a stylish, large and sunny 1,268sf 2 bedroom, 2 bath condominium. Apt. 7C is the highest floor in this layout and enjoys open views to the west from all rooms (including One World Trade). The living space is large and comfortable. The well-appointed kitchen - with beautiful island, stainless steel appliances, and garbage disposal - has been recently upgraded with custom quiet-close cabinetry and excellent storage. The Living Room easily accommodates living and dining and has custom built-in adjustable bookshelves. Both bedrooms are well-proportioned. The master bedroom suite has a very large walk-in closet with customizable Elfa shelving and en-suite bath with dual sinks, oversized shower and heated towel racks. The second guest bathroom is beautifully tiled with tub and heated towel rack. Additional amenities include central A/C, a vented washer/dryer, and a separate storage unit located in the basement. 50 Orchard is a 26-unit boutique condominium with a common roof deck, full-time Super, and video intercom security system. Surrounded by galleries, vibrant restaurants and shops, and conveniently located nearby the BDFMJZ metro, it is ideally situated on a quiet block in the Lower East Side. There is a 421-a tax abatement still in place as well.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Building Courtyard Building Garden Building Roof Deck Building Terrace

Building Information

Financial Details

Common Charges $646/mo
RE Taxes $12,588/yr ($1,049/mo)
Original Price $1,998,000
Sale Price $1,975,000
Previous Price $1,998,000

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, 3:54 PM EST

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Location

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50 ORCHARD Street #7C, 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 $12,588, or roughly $1,049 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 1,268 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2003, making it approximately 23 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 $1,975,000 for 1,268 sq ft, the asking price per square foot is approximately $1,558. 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: RLS10056238
First Listed: 9/3/2015
Price Changed: 11/16/2015
Closed: 11/16/2015
Contract Date: 9/3/2015

Listing Courtesy of The Corcoran Group - Michael Johnson

Listing Contact: (646) 436-6453

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 7:54 PM UTC

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