In Contract
196 Orchard Street, #PHA
$3,495,000
($1,816 per ft2)
| 3 beds, 3 baths | Approx. 1,925 ft2
243 days on Market
Key Details
-
Listed: Apr 22, 2024Last Price Change: ($350,000) on May 7Days on Market: 243Building Type: CondominiumNeighborhood: Lower East Side (Manhattan)Doorman: FT Doorman
Monthly Common Charges:
$2,746
Monthly Real Estate Taxes:
$2,830
Total Taxes & Fees:
$5,576
($2.90/ft2)
Est. Monthly Mortgage:
$18,564
Mortgage calculator
Total Est. Monthly Carrying Cost:
$24,140
($12.54/ft2)
Note: the above is based on a down payment of 20% ($699,000),
which is the minimum amount permitted by the building.
Insider Highlights
- Outdoor Amenities: The building offers access to a 4,100 square foot rooftop with an outdoor living room and two outdoor kitchens. Some residences also include private outdoor courtyards and terraces.
- Fitness and Wellness: Residents enjoy a reduced membership price for the 30,000 square foot Equinox fitness center located in the building. Additional building amenities include a fitness center, rooftop terrace, outdoor entertainment space, bike room, and storage.
- Security and Convenience: The building provides a 24-hour doorman and resident superintendent for added security and convenience, along with a full-time doorman and attended lobby.
- Architectural Excellence: The building, designed by globally acclaimed architect, Ismael Leyva, features a unique and aesthetically pleasing facade, with hand-laid brick infused with gold dust.
- Spacious and Luxurious Design: The 1,925 square foot penthouse boasts three bedrooms and three full baths, high ceilings, oversized casement windows, and a city view. The interior design features concrete ceilings, custom walnut millwork, and marble kitchens and baths, all equipped with high-end Miele appliances and Waterworks fixtures.
- Location and Accessibility: This luxurious penthouse is located in the vibrant Lower East Side neighborhood, with convenient access to public transportation, including close proximity to the subway. The area is also home to boutique restaurants and popular nightspots.
Description
IMMEDIATE OCCUPANCY LAST PENTHOUSE REMAINING
Can be delivered turnkey. Inquire for details.
PHA is a 1,925 square foot high-floor, corner three bedroom with three full baths and soaring 12’ ceilings. Stunning south and east exposures through oversized casement windows surrounded in bronze provide expansive views down to One World Trade and welcome sunlight throughout the day.
With a nod to the rich history of the neighborhood, the interiors of each home are a blend of industrial and refined elements such as concrete ceilings, warm walnut custom millwork, Nero Marquina black marble kitchens, and Blue de Savoie marble baths. Each residence has luxury Miele appliances and blackened nickel Waterworks fixtures.
Residents are afforded a curated selection of modern amenities including a 4,100 square foot rooftop with an outdoor living room, furnished for sunbathing or enjoying staggering views of the city at night. Serve a meal on the chef’s table prepared in one of the two outdoor kitchens.
A 30,000 square foot Equinox occupies the base of the building and residents are offered a reduced membership price. There is a 24-hour doorman and a resident superintendent.
196 Orchard is a celebration of contrasts. Designed by globally acclaimed architect, Ismael Leyva and the self-described "unholy trinity", New York-based Inc.
Architecture and Design, the fa ade marries the turn-of-the-century New York industrial character of the Lower East Side with a lifestyle that is distinctly luxurious. The muscular fa ade is layered in handcrafted black and real bronze glazed brick imported from Spain, while the vertical style of the windows are reminiscent of the diverse and eclectic artist’s studios and sophisticated indie fashion shops nearby. Proudly positioned on the southeast corner of Orchard and Houston, residents are seconds from many of the best boutique restaurants and the hottest, ever-evolving nightspots in New York City.
SPONSOR MAKES NO REPRESENTATION OR WARRANTIES EXCEPT AS MAY BE SET FORTH IN THE OFFERING PLAN.
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD 15-0263. SPONSOR: MB-REEC HOUSTON PROPERTY OWNER LLC, 594 BROADWAY, SUITE 1010, NEW YORK, NEW YORK 10010. EQUAL HOUSING OPPORTUNITY.
Can be delivered turnkey. Inquire for details.
PHA is a 1,925 square foot high-floor, corner three bedroom with three full baths and soaring 12’ ceilings. Stunning south and east exposures through oversized casement windows surrounded in bronze provide expansive views down to One World Trade and welcome sunlight throughout the day.
With a nod to the rich history of the neighborhood, the interiors of each home are a blend of industrial and refined elements such as concrete ceilings, warm walnut custom millwork, Nero Marquina black marble kitchens, and Blue de Savoie marble baths. Each residence has luxury Miele appliances and blackened nickel Waterworks fixtures.
Residents are afforded a curated selection of modern amenities including a 4,100 square foot rooftop with an outdoor living room, furnished for sunbathing or enjoying staggering views of the city at night. Serve a meal on the chef’s table prepared in one of the two outdoor kitchens.
A 30,000 square foot Equinox occupies the base of the building and residents are offered a reduced membership price. There is a 24-hour doorman and a resident superintendent.
196 Orchard is a celebration of contrasts. Designed by globally acclaimed architect, Ismael Leyva and the self-described "unholy trinity", New York-based Inc.
Architecture and Design, the fa ade marries the turn-of-the-century New York industrial character of the Lower East Side with a lifestyle that is distinctly luxurious. The muscular fa ade is layered in handcrafted black and real bronze glazed brick imported from Spain, while the vertical style of the windows are reminiscent of the diverse and eclectic artist’s studios and sophisticated indie fashion shops nearby. Proudly positioned on the southeast corner of Orchard and Houston, residents are seconds from many of the best boutique restaurants and the hottest, ever-evolving nightspots in New York City.
SPONSOR MAKES NO REPRESENTATION OR WARRANTIES EXCEPT AS MAY BE SET FORTH IN THE OFFERING PLAN.
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD 15-0263. SPONSOR: MB-REEC HOUSTON PROPERTY OWNER LLC, 594 BROADWAY, SUITE 1010, NEW YORK, NEW YORK 10010. EQUAL HOUSING OPPORTUNITY.
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Listing courtesy of
Corcoran Group
Pricing History
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