Oct 05, 2016
Carter's Review
This handsome, 11-story building at 196 Orchard Street on the Lower East Side was developed by Magnum Real Estate, of which Ben H. Shaoul is a principal, and Real Estate Equities Corporation.
It has been designed by Ismael Leyva.
Adam Rolston of Incorporated Architecture & Design is the interior designer.
Completion was planned for 2017.
It will have 94 condominium apartments.
Bottom Line
A substantive and very attractive dark presence with gilded glints at a prime Lower East Side location.
Description
The building has a black and bronze brick façade with industrial casement windows and a landscaped roof.
It has an entrance marquee.
It is across the street from Katz's Delicatessen, the city's last remaining emporium of huge and juicy meat sandwiches.
Above the building's two-story retail base, the dark but handsome façade with glittering window surrounds has a stepped-down three-story top.
Amenities
The building will have a two-floor Equinox gym with private entrance for residents, a landscaped roof terrace, bicycle storage and personal storage.
Apartments
Apartments have charcoal lacquer kitchen cabinetry, marble kitchen backsplashes and black quartz kitchen countertops.
Floors are wide-plank oak.
Apartment 10E is a three-bedroom unit with a long entrance gallery that leads to a 30-foot-long living/dining room and a pass-through kitchen and a 200-square-foot terrace.
Apartment 11F is a two-bedroom unit with 1,595 square feet of interior space and 168 square feet of external space and a long entry foyer that leads to a 27-foot-long living/dining room with a pass-through kitchen and a 16-foot-long corner den and a private terrace.
Apartment B on the 8th and 9th floors are two-bedroom units with open, pass-through kitchens and 19-foot-long living/dining rooms.
Apartment E on floors 4 through 8 are one-bedroom units with open kitchens with islands and a 19-foot-long living/dining.
- Condo built in 2017
- 3 apartments currently for sale ($1.395M to $2.5M)
- 2 apartments currently for rent ($7K to $8.2K)
- Located in Lower East Side
- 94 total apartments 94 total apartments
- 10 recent sales ($1.1M to $4.8M)
- Doorman