50 Orchard Street, #7A, New York (Chinatown), NY, 10002 | $2,600,000

Exceptionally Rare. Trophy Home.

Welcome to 50 Orchard Street, a boutique luxury condominium in the vibrant Lower East Side.

7A is a full-floor, private, keyed-elevator penthouse offering exceptional privacy and scale.
This one-of-a-kind 2-bedroom, 2-bathroom home spans 1467 square feet with maple plank hardwood flooring throughout. Two private outdoor spaces, including a 584-square-foot private rooftop.
There are so many large, deep closets here, plus a private storage room (not a cage) in the basement.

Enter via your private keyed elevator into a spacious, sun-filled living and dining area, plus an alcove area (den or office) framed by a full wall of windows showcasing dual exposures, a bright open city view, and rooftop views.

The layout comfortably supports multiple seating areas along with a full dining area, allowing for seamless everyday living and entertaining.

The cutting-edge Euro-designed kitchen is both thoughtfully designed and highly functional, centered around a substantial butcher-block island.
It features a 5-burner SMEG gas range with hood, Samsung refrigerator and dishwasher, farmhouse sink, Carrara marble countertops, subway tile backsplash, extensive custom cabinetry and drawers, and a laundry closet with a stainless-steel LG washer and dryer.

The lengthy hallway offers a deep, double closet and leads to the bedroom wing. The oversized primary bedroom accommodates a king-size bed and includes two double closets, a private balcony, and an ensuite bathroom with a soaking tub. The second bedroom, also king-sized, offers open city views and features a large closet, custom bookshelves, and a desk nook. The second full bathroom is generously proportioned with a glass-enclosed custom-tiled shower.

A proper internal wood staircase leads to the private rooftop sanctuary, where the current owners have created a fully realized outdoor space with electric and running water, finished with pavers. The rooftop includes a large seating area, dedicated dining space, and a fully built-out outdoor kitchen with grill, refrigeration, dishwasher, and running water. A dramatic living green wall serves as a striking focal point.

What sets this home apart is the rarity of an outdoor space of this scale that functions as a true extension of the residence. The layout allows for clearly defined entertaining and dining areas, an offering that is exceptionally uncommon in a condominium, especially on Orchard Street.
With generous proportions and existing infrastructure, the rooftop also allows for further customization, including the addition of a projection screen for outdoor movie nights, heaters, and more, tailored to a future owner's lifestyle. Opportunities for this level of private, usable outdoor entertaining space in the Lower East Side are extraordinarily rare.

50 Orchard Street is a boutique condominium with 26 residences, built in 2003, offering convenient access to the B/D, F, and J/Z trains, and located at the center of the Lower East Side's most sought-after residential and lifestyle corridor.

Orchard Street between Broome and Hester is one of the Lower East Side's most sought-after blocks, valued for its chill weekends, zoning protections that limit nightlife, and a rare residential vibe in the heart of downtown Manhattan

Area Amenities: Shin Gallery. International Center of Photography Museum. Nine Orchard Hotel. Corner Bar & Swan Room. Colbo. Komune. Le Labo Fragrances. Dudleys. Isla & Co. Van Der Plas Gallery. Dirt Candy. Wildair. Katz's Delicatessen. Russ & Daughters and much more.

Pets welcome.

Features

  • Town: New York
  • Cooling: Central
  • Levels: 10
  • Amenities: Bike Room; Lounge; Roof Deck; Common Storage; Private Storage; Cinema Room;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: None
  • Year Built: 2005
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Balcony: Yes
  • Building Access : Keyed Elevator
  • Service Level: Video Intercom
  • OLR#: RLS20080171
  • Days on Market: 59 days
  • Website: https://www.raveis.com
    /prop/RLS20080171/50orchardstreet_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 Brown Harris Stevens Residential Sales LLC

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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50 Orchard Street, #7A, New York (Chinatown), NY, 10002

$2,600,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $2,080,000 $2,080,000 $2,080,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,647 $12,638 $17,412
Total Monthly Payment $11,772 $12,763 $17,537

* 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.