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196 Orchard St

196 Orchard St

196 Orchard St
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

94 Units
11 Stories
2019 Year Built
$884K - $4.0M Value Range

Available Units

For Sale
For Rent

Highlights

  • Boat Dock
  • Rooftop Deck
  • City View
  • Community Spa
  • Lounge
  • 1 min walk to Peretz Square

Lower East Side residences with timeless appeal

On a prime corner of the Lower East Side, off East Houston Street, 196 Orchard presents an industrial façade with a hint of gold glimmer. Designed by Incorporated Architecture and Design and Ismael Leyva, the exterior was constructed from imported Spanish bricks lined with gold plates, planned to patina over time. “This is not a glass skyscraper tower,” says Alex Andrejko, a real estate salesperson and senior associate with the Noble Black & Partners team at Douglas Elliman, “The developer wanted to concentrate on fitting in with the neighborhood and being more timeless. Like the little black dress of the neighborhood, it will always be in style.” Opened in 2018, the 11-story building has a tiered “wedding cake” top with an expansive roof deck and an in-building two-story Equinox that makes its location even more appealing.

One to three-bedrooms with industrial touches

“People have moved internally with this building, which is for me always the number one indicator that it’s a building people love,” Andrejko says. The building’s 89 units include studios to three-bedrooms with a modern-meets-industrial feel. Warm woods contrast with cool concrete ceilings and white walls are punctuated by black-framed casement windows. Open spaces have been prioritized, as have materials — white lacquer and Nero Marquina black marble accentuate the kitchen spaces, outfitted with Miele appliances. A small one-bedroom with a compact kitchen might run $1.4 million, while a three-bedroom with 12-foot ceilings might cost $3.6 million or more. Select residences have luxurious terrace spaces that almost double a unit’s space.

A huge roof deck and in-building Equinox

The views from the top of 196 Orchard Street extend all the way to Hudson Yards, allowing for beautiful western sunset views. The roof deck space is one of the largest in downtown Manhattan, outfitted as an outdoor living room. “It’s a big, beautiful roof deck with grills, and the residents love it,” Andrejko says. The base of the building features a 30,000 square foot Equinox that can be accessed from 196 Orchard’s lobby, which is attended by a full-time doorman. Gym memberships are not included but can be negotiated at a discount. On the corner, a CVS is also part of the building. Pets are allowed, and in-unit laundry is the standard.

Close to dining, nightlife and neighborhood institutions

“This is the northwest corner of the Lower East Side, so you really are at the nexus of three to five incredible neighborhoods and on top of the F train. The East Village is across the street, SoHo is down the street,” Andrejko says. Off East Houston Street, 196 Orchard is perfectly placed between Lower East Side institutions Katz’s Deli and Russ & Daughters. Down the block from Una Pizza Napoletana and five blocks from the famed pancakes of Clinton Street Baking Company, culinary options abound, as do nightlife opportunities. Small clubs and venues like the Mercury Lounge, Berlin, Rockwood Music Hall and others are just steps away. Plus, both Union Market and Whole Foods are within a five-block walk. This specific portion of the Lower East Side is also particularly accessible, with the F train stop three blocks away on East Houston and the 6 train a 10-minute walk on Bleeker Street.

Available Condos

Building Details

Recreation

  • Boat Dock
  • Community Spa

Outdoor Features

  • Sundeck
  • Community Barbecue Grill

Amenities

  • City Views
  • Rooftop Deck
  • Lounge
  • Bike Room
  • Resident Manager or Management On Site
  • 24 Hour Access

Parking

  • Detached Garage

Condo Association

  • $3,078 Monthly HOA Fees
  • Monthly HOA Fees Range from $1,002 - $3,811

Building Design

  • High-Rise Condominium

Unit Features

  • Laundry in unit
  • Washer Hookup

Unit Information

Unit
7G
PHC
Beds
2 Beds
3 Beds
Baths
2 Baths
3.5 Baths
Sq Ft
970
1,997
Price
$2,295,000
$5,295,000
Price / Sq Ft
$2,366 / Sq Ft
$2,651 / Sq Ft
List Date
10/16/2024
02/26/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
551 - 609
Est. Values
$884,372 - $3,099,359
1 Bedroom Units
Sq Ft Range
657 - 850
Est. Values
$1,121,108 - $1,467,359
2 Bedroom Units
Sq Ft Range
970 - 1,217
Est. Values
$1,677,739 - $2,511,898
3 Bedroom Units
Sq Ft Range
1,831 - 2,184
Est. Values
$2,384,299 - $3,982,220
All Units
Sq Ft Range
551 - 2,184
Est. Values
$884,372 - $3,982,220

Map

Area Factors

Low Crime

Crime Score®

4 / 10

Biker's Paradise

Bike Score®

97 / 100

Walker's Paradise

Walk Score®

100 / 100

Rider's Paradise

Transit Score®

100 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

53 / 100

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Air Pollution®

N/A / 10

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Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$81K - $383K
Range of Taxes in Building
$10,176 - $47,885
Range of Taxes per Sq Ft
$9.05 - $21.93

Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Website

Building Team

Developer
Magnum Real Estate Group
Architect
Ismael Leyva Architects
Property Management
Magnum Real Estate Group
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.