---
title: "196 ORCHARD Street #4N, New York City, NY 10002"
description: "196 ORCHARD Street #4N, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $950,000. Studio bed, 1 bath, 613 sqft Illustrative Buyer Commission Share of $14,250 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/196-orchard-street-4n-ny-10002"
source: "Real Estate Rebate Team"
status: "Active"
---

# 196 ORCHARD Street #4N, New York City, NY 10002

Lower East Side, New York City, NY

Courtesy of Douglas Elliman Real Estate

## At a Glance

- **Listing Price**: $950,000
- **Beds**: Studio
- **Baths**: 1
- **Sqft**: 613
- **Common Charges**: $910 / mo
- **Price per Sqft**: $1,550
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $950,000
- **Illustrative Buyer Commission Share**: -$14,250*
- **Illustrative Net Cost**: $935,750

*Illustrative Buyer Savings of $14,250 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (7)

![196 ORCHARD Street #4N, New York City, NY 10002 — photo 1 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0bc42352-38d2-4033-8fc0-8c9dfb26e2e9.jpg)
![196 ORCHARD Street #4N, New York City, NY 10002 — photo 2 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/98edd671-8dc4-4cac-a5b9-12461824e10d.jpg)
![196 ORCHARD Street #4N, New York City, NY 10002 — photo 3 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/81d1898c-6543-4784-89fd-7882f2324724.jpg)
![196 ORCHARD Street #4N, New York City, NY 10002 — photo 4 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dbff138c-375b-4ec3-9771-0de1629a05a0.jpg)
![196 ORCHARD Street #4N, New York City, NY 10002 — photo 5 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7d877b10-c00c-48ae-bac0-ccb88162b825.jpg)
![196 ORCHARD Street #4N, New York City, NY 10002 — photo 6 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e79d7b13-ef9e-45e0-82cf-8765359a01a5.jpg)
![196 ORCHARD Street #4N, New York City, NY 10002 — photo 7 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/98f08283-2f40-4c67-8833-d59ecbbed692.jpg)

## Property Overview

Opportunity to live in Ismael Leyva's designed 196 Orchard Street. This efficiently designed studio fuses character-rich interiors by Incorporated Architecture & Design. Interiors include finished exposed concrete ceilings and wide white oak floors with oversized industrial-style windows. The custom kitchen blends exceptional form and function with bleached European walnut millwork, onyx lacquer cabinetry and a polished Nero Marquina marble backsplash with a polished Zen Black quartz countertop. State-of-the-art Miele appliances include a steam oven, refrigerator, dishwasher, wall oven and 4-burner cooktop, with an under-counter wine refrigerator, Franke garbage disposal, and Miele stacked washer/dryer. Luxurious bathroom finishes boast honed Blue De Savoie marble floors, polished Bianco Dolomiti marble shower, and a polished Bianco Specchio countertop with polished chrome Waterworks fixtures. A two-story, 30,000-square-foot Equinox Fitness Center and Spa with a private entrance occupies the second and third floors. The building is crowned by a private residents-only 4,100-square-foot rooftop terrace with a sky lawn, cabana seating, two chef's tables, and two al fresco kitchens. Additional amenities include a 24-hour attended lobby, bicycle storage, and private storage available for purchase. This location is convenient as several train lines are a short walk away. You'll also be minutes away from Wholefoods, several chic dining establishments such as Estela, world famous Una Pizza Napoletana, and classics such as Katz's Deli.

## Property Details

- **Property Type**: Condominium
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 613 sqft
- **Stories**: 10
- **Year Built**: 2017
- **Price per Sqft**: $1,550
- **Common Charges**: $910 / Monthly
- **Listed On**: Jun 15, 2026
- **Days on Market**: 96 Days

### Residence Features

- Central Air
- Building Other
- Washer Hookup
- In Unit
- Building Roof Deck
- Private Outdoor Space Over 60 Sqft
- Washer Dryer Allowed
- City

## Estimated Monthly Payment

**$5,714 / month**, assuming a 20% down payment ($190,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $4,804
- **Common Charges**: $910

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

30 apartments at 196 Orchard have recorded sales since September 2021, the most recent for $2,400,000 in September 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [8D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/196-orchard-street-d-8D-ny-10002) (Apartment) | 2 | 1,205 | $2,400,000 | $1,992/ft² | September 11, 2026 | MLS |
| 5C (Apartment) | 1 | 708 | $1,370,000 | $1,935/ft² | October 1, 2025 | City record · MLS |
| 8J (Apartment) | 3 | 2,184 | $4,495,000 | $2,058/ft² | November 4, 2024 | City record · MLS |
| 4F (Apartment) | 1 | 681 | $1,325,000 | $1,946/ft² | October 11, 2024 | City record · MLS |
| 5-D (Apartment) | 2 | 1,205 | $2,350,000 | $1,950/ft² | June 27, 2024 | City record · MLS |
| PH11A (Apartment) | 3 | 1,925 | $3,495,000 | $1,816/ft² | June 6, 2024 | City record · MLS |
| 9E (Apartment) | 3 | 2,048 | $4,795,000 | $2,341/ft² | December 27, 2023 | City record · MLS |
| 10C (Apartment) | 3 | 1,770 | $3,692,350 | $2,086/ft² | July 18, 2023 | City record · MLS |
| 4R (Apartment) | 1 | 846 | $1,807,500 | $2,137/ft² | July 7, 2023 | City record · MLS |
| 4P (Apartment) | Studio | 609 | $1,107,801 | $1,819/ft² | July 5, 2023 | City record · MLS |
| 4Q (Apartment) | 1 | 686 | $1,475,306 | $2,151/ft² | May 22, 2023 | City record · MLS |
| 5B (Apartment) | 1 | 657 | $1,240,000 | $1,887/ft² | April 12, 2023 | City record · MLS |
| 10A (Apartment) | 3 | 1,925 | $3,977,500 | $2,066/ft² | April 12, 2023 | City record · MLS |
| 7R (Apartment) | 1 | 846 | $1,395,000 | $1,649/ft² | February 3, 2023 | City record · MLS |
| PH-F (Apartment) | 3 | 1,595 | $3,690,000 | $2,313/ft² | November 21, 2022 | MLS |
| 9A (Apartment) | 2 | 1,169 | $2,475,000 | $2,117/ft² | November 21, 2022 | City record · MLS |
| PH11F (Apartment) | — | 1,595 | $3,650,000 | $2,288/ft² | November 18, 2022 | City record |
| PHC (Apartment) | 3 | 1,997 | $4,995,000 | $2,501/ft² | September 23, 2022 | MLS |
| PH11C (Apartment) | — | 1,997 | $4,795,000 | $2,401/ft² | September 23, 2022 | City record |
| 10G (Apartment) | 1 | 786 | $1,595,000 | $2,029/ft² | July 13, 2022 | City record · MLS |
| 7J (Apartment) | 1 | 733 | $1,403,094 | $1,914/ft² | July 11, 2022 | City record · MLS |
| 8A (Apartment) | 2 | 1,163 | $2,475,000 | $2,128/ft² | June 28, 2022 | City record · MLS |
| 5N (Apartment) | Studio | 650 | $832,000 | $1,280/ft² | June 14, 2022 | City record · MLS |
| 9F (Apartment) | 2 | 1,217 | $2,543,534 | $2,090/ft² | June 10, 2022 | City record · MLS |
| 9B (Apartment) | 2 | 1,042 | $2,245,000 | $2,155/ft² | March 11, 2022 | City record · MLS |
| 6L (Apartment) | Studio | 551 | $955,119 | $1,733/ft² | February 18, 2022 | City record |
| 4D (Apartment) | 2 | 1,205 | $2,500,000 | $2,075/ft² | January 25, 2022 | City record |
| PH11G (Apartment) | 1 | 786 | $1,700,000 | $2,163/ft² | January 24, 2022 | City record · MLS |
| PH11E (Apartment) | 2 | 1,409 | $3,250,000 | $2,307/ft² | November 17, 2021 | City record · MLS |
| 5H (Apartment) | 2 | 1,360 | $2,995,000 | $2,202/ft² | September 21, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $950,000
- **Median sold price**: $955,119
- **Difference**: -$5,119 (-0.5%)
- **This home, $/ft²**: $1,550
- **Median $/ft²**: $1,733
- **Comparable sales**: 3
- **Sales from**: February 2022 – July 2023
- **Middle half of those sales**: $893,560 – $1,031,460

Based on studio sales at 196 Orchard.

### Price trend

Median price per square foot, sales at 196 Orchard

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2018 | $2,108/ft² | 23 |
| 2019 | $1,971/ft² | 21 |
| 2020 | $1,708/ft² | 12 |
| 2021 | $2,122/ft² | 9 |
| 2022 | $2,104/ft² | 12 |
| 2023 | $2,076/ft² | 8 |
| 2024 | $1,948/ft² | 4 (thin) |

Based on recorded sales at 196 Orchard.

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sales data through September 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 196 Orchard](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/196-orchard)

## Price and Property History for 196 ORCHARD Street, Unit 4N

Review the recorded listing activity for 196 ORCHARD Street, Unit 4N, including asking-price changes and prior market dates.

- **Last sold (recorded)**: $934,699 on December 27, 2018

| Date | Price | Listing event |
| --- | --- | --- |
| June 15, 2026 | $950,000 | Listed for sale by Douglas Elliman Real Estate |
| December 27, 2018 | $934,699 | Sold — recorded sale price |
| December 1, 2017 | $965,000 | Entered contract |
| September 14, 2017 | $965,000 | Listed for sale by Elliman |

## Property Tax History

Taxes at 196 ORCHARD Street #4N were $11,525 in 2026, up 1.2% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $92,197 | $13,029 | $79,168 | $92,197 | $11,525 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $98,103 | $13,029 | $85,074 | $91,106 | $11,388 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $93,399 | $13,029 | $80,370 | $88,772 | $11,097 | 12.5% |
| 2023 (FY 2023/24) | $91,170 | $13,029 | $78,141 | $87,380 | $10,924 | 12.502% |
| 2022 (FY 2022/23) | $86,433 | $13,029 | $73,404 | $86,433 | $8,752 after $1,851 abatement | 12.267% |
| 2021 (FY 2021/22) | $86,885 | $13,029 | $73,856 | $86,885 | $3,180 after $7,450 abatement | 12.235% |
| 2020 (FY 2020/21) | $96,192 | $13,029 | $83,163 | $96,192 | $11,800 | 12.267% |
| 2019 (FY 2019/20) | $63,226 | $13,029 | $50,197 | $63,156 | $7,877 | 12.473% |
| 2018 (FY 2018/19) | $13,029 | $13,029 | $0 | $11,584 | $1,461 | 12.612% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1004121213. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 196 Orchard

Lower East Side · Condominium

196 ORCHARD Street, New York, NY 10002

A building in Lower East Side, currently featuring 2 active listings.

- **Year Built**: 2017
- **Active Units**: 2
- **Floors**: 10

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/196-orchard)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [4N](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/196-orchard-street-4n-ny-10002) | Studio | 1 | 613 sqft | $1,550 | $950,000 | Douglas Elliman Real Estate | Jun 15, 2026 | 96 days |
| [5F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/196-orchard-street-5f-ny-10002) | 1 | 1 | 681 sqft | $1,761 | $1,199,000 | Corcoran Group | Sep 8, 2026 | 11 days |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [8D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/196-orchard-street-d-8D-ny-10002) | 2 | 2 | 1,205 sqft | $1,992 | $2,400,000 | Compass | May 8, 2026 | Sep 11, 2026 |

## Lower East Side

Overview of Lower East Side

[Explore Lower East Side](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Lower East Side

- [Chinatown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chinatown)
- [Little Italy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/little-italy)
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## Related Links

- [196 Orchard — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/196-orchard)
- [Lower East Side neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lower-east-side)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.