50 Orchard Street, #2A, New York (Chinatown), NY, 10002 | $1,350,000

Oversized one-bedroom condominiums in the Lower East Side with ample ceilings, premium finishes, in-unit washer and dryer, private storage, and nearly 900 square feet are exceptionally difficult to find under $1. 5M. That is what makes Residence 2A at 50 Orchard Street such a standout downtown opportunity.

Offering 863 square feet, this beautifully renovated home blends a loft-like scale with the comfort and privacy of a boutique condominium. Western exposure fills the apartment with natural light throughout the day, while the expansive living and dining area offers an exceptional space for entertaining, work ing from home, or simply enjoying the volume of the space. At the center of the home is a thoughtfully newly renovated kitchen featuring a quartz waterfall peninsula, Wolf gas range with a fully vented hood, Bosch refrigerator, and Bosch dishwasher, all integrated into a clean and elevated design that feels both sophisticated and functional.

The bedroom is spacious and tucked away for privacy, comfortably accommodating a king size bed, while the spa-inspired bathroom features elegant finishes and a deep soaking tub that creates a calming retreat from city life. Newly installed recessed lighting enhances the apartment's bright and contemporary feel, complemented by hardwood floors throughout and three closets. Additional highlights include a vented in-unit washer and dryer, a feature still highly sought after in New York City condominiums, as well as a private storage room in the basement included with the apartment.

This is the kind of one-bedroom buyers wait for: large, renovated, move in ready, and uniquely positioned within one of downtown's most sought-after blocks.

50 Orchard Street is a pet friendly boutique condominium offering bike storage, private storage, and a shared rooftop terrace with skyline views that feels like a hidden downtown escape.

Located on Orchard Street between Grand and Hester, this home sits in the heart of one of Manhattan's most culturally dynamic neighborhoods. Recently recognized by Time Out as one of the coolest streets in the world, this stretch of the Lower East Side blends destination restaurants, galleries, independent boutiques, cafés, and neighborhood institutions with a more balanced residential feel shaped by zoning protections that limit nightlife and help preserve the character of the block. Residents enjoy immediate access to Ludlow House, Nine Orchard, Corner Bar, Swan Room, Wildair , Dirt Candy, Russ & Daughters, Essex Market, Metrograph , Trader Joe's, and Seward Park . Access to the F, M, J, Z, B, and D trains, the M15 bus, and Citi Bike docks keep the rest of Manhattan and Brooklyn within easy reach.

Size, style, and location in one complete package. This is the Lower East Side one bedroom that checks every box and stands above the rest.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 10
  • Amenities: Bike Room; Lounge; Roof Deck; Common Storage; Private Storage; Cinema Room;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: None
  • Year Built: 2005
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Keyed Elevator
  • Service Level: Video Intercom
  • OLR#: RLS20087776
  • Days on Market: 59 days
  • Website: https://www.raveis.com
    /prop/RLS20087776/50orchardstreet_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 Serhant LLC

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NMLS Mortgage Loan Originator ID 1880936

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50 Orchard Street, #2A, New York (Chinatown), NY, 10002

$1,350,000

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 $1,080,000 $1,080,000 $1,080,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.086% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,132 $6,475 $9,114
Total Monthly Payment $6,257 $6,600 $9,239

* 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.