196 Orchard
196 Orchard Street, New York, NY 10002
Lower East Side
BBL 1004127503 · BIN 1090375
- Year built
- 2018
- Type
- Condominium
- Units
- 94
- Floors
- 11
- Financing
- No building-imposed financing cap (condominium); financing is subject to lender underwriting.
- Subletting
- Generally permitted (condominium); confirm any rental cap or right of first refusal at the offer stage.
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026). Reported and subject to confirmation. Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2018–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $2,020
- Listing discount
- 3.5%
- Recorded sales
- 102
- On record
- 2018–2025
196 Orchard is, per public records, "a substantive and very attractive dark presence with gilded glints" — a 94-unit Lower East Side condominium directly across from Katz's Delicatessen.
The building announces itself first through its gilded-bronze brick from Costa Brava (Spain) — hand-laid and infused with gold dust, engineered to oxidize toward warmer golden tones over time. Behind that facade, daily life is built around an in-building 30,000 SF, two-story Equinox Fitness Club to which residents have special-rate access, capped by a 4,100 SF landscaped roof terrace that completes the amenity package.
Local Law 97
- 2024–2029 annual penalty
- $2,579/yr
- 2030–2034 annual penalty
- $129,958/yr
- Per unit / month range
- $2 – $115
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Oct 1, 2025 | 5C | 1 BR · 1 BA · 708 sf | $1,370,000 | $1,935/sf | -2.1% |
| Nov 4, 2024 | 8J | 3 BR · 3.5 BA · 2,184 sf | $4,495,000 | $2,058/sf | -5.4% |
| Oct 11, 2024 | 4F | 1 BR · 1 BA · 681 sf | $1,325,000 | $1,946/sf | -3.6% |
| Jun 27, 2024 | 5D | 2 BR · 2 BA · 1,205 sf | $2,350,000 | $1,950/sf | -5.8% |
| Jun 6, 2024 | PH11A | 3 BR · 1,925 sf | $3,495,000 | $1,816/sf | +0.0% |
| Jun 6, 2024 | PHA | 3 BR · 3 BA · 1,925 sf | $3,495,000 | $1,816/sf | -9.1% |
| Dec 27, 2023 | 9E | 3 BR · 3.5 BA · 2,048 sf | $4,795,000 | $2,341/sf | -12.7% |
| Jul 18, 2023 | 10C | 3 BR · 3.5 BA · 1,770 sf | $3,692,349 | $2,086/sf | -2.7% |
Market read. Most recent trades (2025) cleared a median $2,020/sf across 1 sale. Median listing discount 3.5% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00412-7503) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
Comparable buildings
- 215 Chrystie Street — Herzog & de Meuron 2017; immediate LES peer
- 40 Bond Street — Herzog & de Meuron 2007; nearby NoHo trophy peer
- 25 Bond Street — BKSK 2008; nearby NoHo trophy peer
- The Schumacher (36 Bleecker) — Adjmi 2015; nearby NoHo peer
- 565 Broome — Piano 2019; nearby SoHo trophy peer
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
Considering a move at 196 Orchard?
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A Private Pricing Opinion — what your apartment at 196 Orchard would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.