SOLD FOR $800,000
Listed at $850,000 · Sold 5.9% below asking · Closed July 1, 2022
196 Orchard Street #5N
MLS® #RLS10814304
Listing by Fact Real Estate
Studio
1
Bath
650
Sq. Ft.
2017
Year Built
Quick Summary
Property Highlights
- Location: Lower East Side, Manhattan
- Property Type: Condo
- Built: 2017
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Mar 21, 2022 | $850,000 | - |
| Currently | May 4, 2026 | $850,000 | - |
Description
This is a beautiful studio with the ability to easily convert to a 1 bedroom located in the best part of Lower East Side. We recommend using industrial metal French doors that allows light to transmit while keeping the design consistency of the unit.
At 650 Square feet, this unit is spacious, quiet and minimalistic. This unit features oversized casement windows, surrounded in bronze, white oak floors.
196 Orchard is designed with the rich history of the neighborhood in mind. The interiors are a blend of industrial and posh elements such as concrete 10 ceilings, warm walnut custom millwork, Nero Marquina black marble kitchens, and Blue de Savoie marble baths.
The kitchen features luxury Miele appliances and blackened nickel Waterworks fixtures. Additionally, the unit has washer and dryers and outfitted closets.
With easy access to the subway stations, Equinox gym inside the building and a variety of restaurants, 196 Orchard is one of the best buildings in the area.
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
112
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 5/4/26, 10:49 AM EST
Similar Listings in Lower East Side
View All
Active
477 FDR Drive #M1604
Co-op • RLS #RLS20077002
Active
477 FDR Drive #M1304
Co-op • RLS #RLS20053922
Active
500 Grand Street #A6A
Co-op • RLS #RLS20083745
Active
477 Fdr Drive #1605
Co-op • RLS #RLS20077462
Active
210 E Broadway #H1305
Co-op • RLS #RLS20077845
Active
473 Fdr Drive #K1501
Co-op • RLS #RLS20086731
Browse More NYC Properties
In This Neighborhood
By Property Type
By Borough
Location
196 Orchard Street #5N, Lower East Side, New York County • Near Stanton Street/East Houston Street
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 $766 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $12,600, or roughly $1,050 per month. Verify the current assessment with your attorney before closing.
This property has 0 bedrooms and 1 full bathroom.
The listed interior living area is 650 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.
Pet policy requires confirmation with the listing broker.
At the current list price of $850,000 for 650 sq ft, the asking price per square foot is approximately $1,308. 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) 416-7433Listing Courtesy of Fact Real Estate - Chuanyung Wang
Listing Contact: (917) 225-7078
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 5/4/2026 at 2:49 PM UTC