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$5,295,000

For Sale

No longer available 6/30/2025

1,997 ft²

$2,651 per ft²

6 rooms

3 beds

3.5 baths

Seller's agents

Pro
Richard Hottinger

Licensed Associate Real Estate Broker

Corcoran

Sari Ingerman

Licensed Real Estate Salesperson

Corcoran

Ashley Banker

Licensed Real Estate Salesperson

Corcoran

Hottinger Team

Licensed Associate Real Estate Broker

Corcoran

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Listing by Corcoran, Limited Liability Broker, 590 Madison Avenue, New York, NY 10022

Common charges

$3,078/mo

Estimated payment

$33,025/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

$3,128/mo

Tax abatement

No info

About

Seller’s agent

/

Richard Hottinger

Licensed Associate Real Estate Broker

Corcoran

Sari Ingerman

Licensed Real Estate Salesperson

Corcoran

Ashley Banker

Licensed Real Estate Salesperson

Corcoran

Hottinger Team

Licensed Associate Real Estate Broker

Corcoran

description

*3BR + WINDOWED HOME OFFICE | PENTHOUSE WITH TERRACE AND SKYLINE VIEWS*

PHC is a one of a kind 1,997 SF corner penthouse residence at the highly-sought after 196 Orchard full-service condominium on the Lower East Side. The oversized residence boasts 3 bedrooms, 3.5 bathrooms, plus separate windowed home office. The penthouse level has dramatic 12' ceiling heights with the iconic glazed concrete ceilings.

Policies

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Home features

  • Central air

  • Dishwasher

  • Hardwood floors

  • Private outdoor space

    Balcony, Terrace

  • View

    City, Skyline

  • Washer/dryer

Building amenities

Services and facilities

  • Bike room

  • Doorman

  • Elevator

  • Package room

  • Storage space

Wellness and recreation

  • Gym

Shared outdoor space

  • Roof deck

About the building

196 Orchard Street

196 Orchard Street, New York, NY 10002

Condo building inLower East Side

89 units

11 stories

2018 built

Property history

  • Price Change: No changes
  • Days on market: 124 daysThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

9/29/2025

$5,295,000

No longer available

6/30/2025

$5,295,000

Temporarily off market

2/26/2025

$5,295,000

Listed by Corcoran

2/8/2023

$4,995,000

Sold by Corcoran

9/7/2022

$4,995,000

In contract

Past listing photos

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Explore Lower East Side

Transit

LocationDistance

Fat 2nd Av

under 500 feet

FJMZat Delancey St

0.24 miles

FJMZat Essex St

0.26 miles

JZat Bowery

0.32 miles

BDat Grand St

0.4 miles

About Lower East Side

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

3 beds

$1.5M

RentalsMedian asking base rent

3 beds

$6,995

The narrow streets of the Lower East Side were once lined with tenement buildings, shirt factories and bialy shops. Although a few vestiges of the neighborhood's immigrant heritage remain, many of the tenement buildings have been updated and now offer relatively affordable rental options to young New Yorkers looking to live right in the thick of Downtown Manhattan.

There's no getting around it - the LES is a major nightlife destination. In this part of the city, last call is late and often negotiable -- especially if you're a regular. On weekend nights, the neighborhood is packed as crowds overflow from the local bars and take to the streets in search of a late-night falafel fix before heading onto the next party. During the day, the neighborhood chills out as residents nurse their hangovers or head to work slowly after stopping at one of the area's many trendy juice bars or coffee shops.

Learn more about Lower East Side