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196 Orchard Street #7R
Condo in Lower East Side •  building info
Sponsor Unit • 1bd • 1ba • 846ft² $1,649 per ft²
Sold price

$1,395,000

Key Details
Days on market
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Last price change
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Estimated payment
$9,891/mo
Taxes
$1,241/mo
Common charges
$1,123/mo
Description
Can be delivered turnkey. Inquire for details. Residence 7R is a graciously oversized 846 square foot one-bedroom with separate alcove fit for formal dining or home office. 7R faces south spilling sunlight onto white oak floors through oversized casement windows surrounded in bronze. With a nod to the rich history of the neighborhood, the interiors are a blend of industrial and refined elements such as concrete 9' ceilings, warm walnut custom millwork, Nero Marquina black marble kitchens, and Blue de Savoie marble baths. Each residence has luxury Miele appliances and blackened nickel Waterworks fixtures and washer and dryers. Residents are afforded a curated selection of modern amenities including a 4,100 square foot rooftop with an outdoor living room, furnished for sunbathing or enjoying staggering views of the city at night. Serve a meal on the chef's table prepared in one of the two outdoor kitchens. A 30,000 square foot Equinox occupies the base of the building and residents are offered a reduced membership price. There is a 24-hour doorman and a resident superintendent. 196 Orchard is a celebration of contrasts. Designed by globally acclaimed architect, Ismael Leyva and the self-described "unholy trinity", New York-based Inc. Architecture and Design, the facade marries the turn-of-the-century New York industrial character of the Lower East Side with a lifestyle that is distinctly luxurious. The muscular facade is layered in handcrafted black and real bronze glazed brick imported from Spain, while the vertical style of the windows are reminiscent of the diverse and eclectic artist's studios and sophisticated indie fashion shops nearby. Proudly positioned on the southeast corner of Orchard and Houston, residents are seconds from many of the best boutique restaurants and the hottest, ever-evolving night spots in New York City. SPONSOR MAKES NO REPRESENTATION OR WARRANTIES EXCEPT AS MAY BE SET FORTH IN THE OFFERING PLAN. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD 15-0263. SPONSOR: MB-REEC HOUSTON PROPERTY OWNER LLC, 594 BROADWAY, SUITE 1010, NEW YORK, NEW YORK 10010. EQUAL HOUSING OPPORTUNITY.

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Important Stuff
Doorman
Elevator
Washer/Dryer in unit
Cats and Dogs allowed
Home features
Central Air
Dishwasher
Hardwood floors
View

City, Garden

Building amenities
Services and facilities
Bike Room
Fios Available
Package Room
Storage Available
Storage Space
Wellness and recreation
Gym
Shared outdoor space
Roof Deck
Building info

History
What it'll cost
Purchase price
$1,395,000
Asking Price: $1,395,000
Term
30 Years
Down Payment
$139,000 (10%)
Min: 10% (139,000)
Rate
6.0 %
Mortgage Amount
$1,255,500
Mortgage Payment
$7,527
Common Charges
$1,123
Taxes
$1,241
Estimated closing cost
$53,000
Total monthly cost $9,891
Listing Courtesy of Corcoran Group

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