196 Orchard Street, #10F, New York (Lower East Side), NY, 10002 | $2,500,000

Introducing residence 10F - the highest two bedroom F line residence offered in 196 Orchard St. 196 Orchard is designed by the renowned architect Ismael Leyva.
Experience unparalleled luxury in this exceptional 1, 217 square foot high-floor corner residence. Apartment 10F features two spacious bedrooms and two full baths, with breathtaking south, west, and east exposures. Oversized casement windows framed in bronze fill the space with natural light and offer expansive city views. The interiors pay homage to the neighborhood's rich history, blending 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 is outfitted with high-end Miele appliances and blackened nickel Waterworks fixtures, epitomizing luxury and sophistication.
Residents enjoy a curated selection of modern amenities, including a stunning 4, 100 square foot rooftop featuring an outdoor living room, perfect for sunbathing or soaking in the city's breathtaking nighttime views. Entertain with ease using the chef's table and two outdoor kitchens. The building's base houses a 30, 000 square foot Equinox, where residents receive a reduced membership price. With a 24-hour doorman and an on-site resident superintendent, every need is anticipated.
196 Orchard, designed by renowned architect Ismael Leyva in collaboration with the innovative New York-based Inc. Architecture and Design, celebrates contrasts. The fa ade combines the turn-of-the-century New York industrial character of the Lower East Side with luxurious living. Handcrafted black and real bronze glazed brick from Spain adorn the robust exterior, while the vertical windows evoke the eclectic artist studios and sophisticated indie fashion shops of the area. Located on the vibrant southeast corner of Orchard and Houston, residents are moments away from the city's best boutique restaurants and the hottest nightspots.
Discover the unique blend of history and modern luxury at 196 Orchard.

Features

  • Town: New York
  • Cooling: Central
  • Levels: 11
  • Amenities: Bike Room; Health Club; Roof Deck; Private Storage For Fee;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Year Built: 2017
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Concierge
  • LobbyAttendant: No
  • OLR#: RPLU33423129490
  • Days on Market: 104 days
  • Website: https://www.raveis.com
    /prop/RPLU33423129490/196orchardstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

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NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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196 Orchard Street, #10F, New York (Lower East Side), NY, 10002

$2,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,000,000 $2,000,000 $2,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,356 $12,477 $16,742
Total Monthly Payment $11,481 $12,602 $16,867

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.