---
title: "196 ORCHARD Street #5J, New York City, NY 10002"
description: "196 ORCHARD Street #5J, New York City, NY 10002 — Lower East Side, New York City, NY. Listing Price $1,400,000. 1 bed, 1 bath, 758 sqft Illustrative Buyer Commission Share of $21,000 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/196-orchard-street-5j-ny-10002"
source: "Real Estate Rebate Team"
dateModified: "2026-09-30T18:13:25.956Z"
status: "Active"
---

# 196 ORCHARD Street #5J, New York City, NY 10002

Lower East Side, New York City, NY

Courtesy of Douglas Elliman Real Estate

Last updated: September 30, 2026, 2:13 PM

## At a Glance

- **Listing Price**: $1,400,000
- **Beds**: 1
- **Baths**: 1
- **Sqft**: 758
- **Common Charges**: $1,148 / mo
- **Price per Sqft**: $1,847
- **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**: $1,400,000
- **Illustrative Buyer Commission Share**: -$21,000*
- **Illustrative Net Cost**: $1,379,000

*Illustrative Buyer Savings of $21,000 — 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)

## Property Overview

For all showings - please reach out to the exclusive listing brokers - Ruthie Assouline, Ethan Assouline, Danika Baum, and Alex Brunet.

A stunning Lower East Side condo saturated with natural light, this 1-bedroom, 1-bathroom home is a seamless blend of contemporary functionality and industrial chic. Features of this 758 sq. ft. apartment include designer- selected wide plank white oak flooring, unique concrete ceilings, oversized casement windows with western exposure, warm color tones and textures, high- end fixtures and finishes, and a convenient in-home washer/dryer.

Beyond a tasteful foyer adorned with a reach-in coat closet, the home flows into a spacious, open-concept living room, dining room, and kitchen. The custom kitchen is equipped with an eat-in peninsula, bleached European walnut millwork, onyx lacquer cabinetry with under-cabinet LED lighting, sleek quartz countertops and backsplash, and a suite of appliances from Miele.

The bedroom possesses private closet space and easy access to an immaculate marble bathroom with Waterworks fixtures and a custom vanity.

196 Orchard is a full-service condominium situated at the nexus of the Lower East Side and the East Village. The building, designed by NYC-based firm, Incorporated Architecture & Design, has a 24-hour attended lobby, private storage, a bicycle room, and a furnished 4,300 sq. ft. rooftop terrace with two outdoor kitchens, dedicated dining and entertaining areas, and incredible city views. Residents also receive an exclusive discount at the two-story in- building Equinox Fitness Club.

196 Orchard is surrounded by trendy restaurants, bars, cafes, and shops, and is nearby Little Italy, The Bowery, NoHo, and NoLita. Nearby subway lines include the B/D/F/M/J/Z. Pets are welcome.

## Property Details

- **Property Type**: Condominium
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 758 sqft
- **Stories**: 10
- **Year Built**: 2017
- **Price per Sqft**: $1,847
- **Common Charges**: $1,148 / Monthly
- **Listed On**: Sep 30, 2026
- **Days on Market**: 1 Days

### Residence Features

- Central Air
- Building Other
- In Unit
- Building Roof Deck
- Washer Dryer Allowed
- City
- Skyline

## Estimated Monthly Payment

**$8,227 / month**, assuming a 20% down payment ($280,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $7,079
- **Common Charges**: $1,148

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

## Sales and market data

### Recent sales

29 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 |

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**: $1,400,000
- **Median sold price**: $1,403,094
- **Difference**: -$3,094 (-0.2%)
- **This home, $/ft²**: $1,847
- **Median $/ft²**: $1,946
- **Comparable sales**: 9
- **Sales from**: January 2022 – October 2025
- **Middle half of those sales**: $1,370,000 – $1,595,000

Based on one-bedroom sales at 196 Orchard.

### How these sales were negotiated

- **Sale-to-list price**: 96.4% (9 sales)
- **Sold below asking**: 89% (9 sales)
- **Typical time to find a buyer**: 258 days (9 sales)
- **Typical time to close**: 45 days (9 sales)

Based on one-bedroom sales at 196 Orchard with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### 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)

## About The Building

### 196 Orchard

Lower East Side · Condominium

196 ORCHARD Street, New York, NY 10002

A building in Lower East Side, currently featuring 3 active listings.

- **Year Built**: 2017
- **Active Units**: 3
- **Floors**: 10

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

### Available Residences — For Sale (3)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/196-orchard-street-5j-ny-10002) | 1 | 1 | 758 sqft | $1,847 | $1,400,000 | Douglas Elliman Real Estate | Sep 30, 2026 | 1 days |
| [9C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10002/196-orchard-street-c-9C-ny-10002) | 3 | 4 | 1,831 sqft | $2,346 | $4,295,000 | Corcoran Group | Jun 9, 2026 | 114 days |
| [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 | 108 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)
- [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita)
- [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village)
- [Two Bridges real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/two-bridges)
- [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho)

## 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.