196 Orchard Street, #8D, New York (Lower East Side), NY, 10002 | $2,750,000

This is the best high-floor split two-bedroom, two-bathroom apartment with the tallest ceilings in the building, crafted by Incorporated Architecture & Design, boldly designed yet perfectly polished. Features include exposed concrete ceilings and elegant wide white oak floors. Oversized industrial-style windows (with electronic shades) display double exposures facing north and east, with open city views of the east village all the way to Midtown Manhattan. The custom-designed kitchen by Incorporated marries style and functionality with integrated Miele appliances. The open kitchen offers onyx lacquer cabinetry with bleached European walnut millwork, polished Nero Marquina marble backsplash, a polished Zen Black quartz countertop complete with cabinet lighting, and a kitchen island with a polished white quartz countertop and an under-counter wine refrigerator. Fully integrated, state-of-the-art Miele appliances include a steam oven, refrigerator, dishwasher, wall oven, and 4-burner cooktop. The residence is completed with blackened nickel Waterworks fixtures, Franke garbage disposal, and Miele stacked washer and dryer. The luxurious 5-fixture master bathroom finishes boast honed Blue de Savoie marble floors and wainscoting, a polished Bianco Dolomiti marble shower, tub surround, and polished chrome Waterworks fixtures. The bathroom is complemented by a full overlay white lacquer vanity with a polished white quartz countertop and mirrored medicine cabinet over bleached European cove-lit cabinetry providing ample storage. The secondary bathroom features honed Athens grey marble flooring and wainscoting with a polished Bianco Dolomiti marble tub surround. Natural European walnut vanity with a polished white quartz countertop, and polished chrome Waterworks fixtures. A mirrored medicine cabinet and white lacquer cabinetry with cove lighting provide additional storage. This ultra-prime location celebrates the best of the Lower East Side with the East Village across the street with Soho and Nolita to the West. The broadest array of restaurants, retail, entertainment, and transportation and even a Soho-Ludlow House around the corner define this highly desirable neighborhood, a truly authentic New York experience. A two-story, 30, 000-square-foot Equinox Fitness Center 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 alfresco kitchens. Additional amenities include a 24-hour attended lobby and bicycle storage. Working capital contribution Equal to 2 months of common charges paid by the purchaser

Features

  • Town: New York
  • Cooling: Central
  • Levels: 11
  • Amenities: Bike Room; Health Club; Roof Deck; Private Storage For Fee;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: SeeRemarks
  • Year Built: 2017
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Concierge
  • Concierge: Yes
  • OLR#: RLS20085968
  • Days on Market: 32 days
  • Website: https://www.raveis.com
    /prop/RLS20085968/196orchardstreet_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 Compass

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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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196 Orchard Street, #8D, New York (Lower East Side), NY, 10002

$2,750,000

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 $2,200,000 $2,200,000 $2,200,000
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 $12,319 $13,367 $18,417
Total Monthly Payment $12,444 $13,492 $18,542

* 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.