48 Orchard StreetRecorded sales & closing prices
48 Orchard Street, New York, NY 10002
6 recorded closings, 2005. Sortable and searchable below.
- Recorded closings
- 6
- Date range
- 2005
- Median $/sf
- $804
- Price range
- $560K – $1.27M
Change in the building’s median $/sf over each window, from the raw yearly medians — too few standardized single-line units here to adjust to a constant-quality (average-floor) basis, so which apartments happened to trade moves these alongside price. (2022 marks the rate-shock inflection.) Like-for-like repeat-sale figures to follow.
48 Orchard Street prices on a $/sf basis, the correct metric for condominiums (best read on a price-per-square-foot basis given the building's loft-scaled, heterogeneous layouts). The recorded transaction history is unusually deep for a boutique LES building: closings span from the mid-$500Ks for smaller early sales up to the $2.3M–$2.46M range for the largest loft and three-bedroom homes, with a steady band of $1.1M–$1.975M for standard two- and three-bedroom apartments across the 2014–2017 window and consistent activity since. That range reflects the building's wide layout spread — small one-bedrooms and large lofts trade at very different price points within the same address.
For pricing, the implication is that 48 Orchard is an apartment-level market: square footage, floor, light, and renovation level drive value, and the comparable set is rich enough to triangulate carefully. The largest, best-exposed loft homes anchor the top of the range; efficient one-bedrooms anchor the entry tier.
The complete recorded-sale history for 48 Orchard Street, compiled from NYC Department of Finance transfer records and verified listing data, then enriched apartment-by-apartment by The Roebling Team research desk.
Price per square foot over time
6 sales with a known square footage, by closing date.
Recent closings
The building’s 6 most recent market sales.
| Date | Unit | Apartment | Price | $/sf |
|---|---|---|---|---|
| May 24, 2005 | 4B | 1,205 sf | $957,155 | $794 |
| May 6, 2005 | 3B | 1,205 sf | $896,060 | $744 |
| May 3, 2005 | 3A | 863 sf | $702,592 | $814 |
| May 2, 2005 | 4A | 863 sf | $712,775 | $826 |
| Apr 28, 2005 | 6A | 1,467 sf | $1,272,812 | $868 |
| Apr 27, 2005 | 2A | 863 sf | $560,037 | $649 |
Every recorded sale
Sort any column; filter by unit or keyword. Prices are the recorded transfer amount at the NYC Department of Finance. Every sale sits in one of three states: counted in the building’s medians and trend; shown but excluded as a non-arms-length or nominal transfer; or shown and ⚑ flagged for review — a possible duplicate filing or an extreme $/sf outlier, held out of the statistics pending manual verification rather than allowed to move them.
| Apartment | |||||
|---|---|---|---|---|---|
| May 24, 2005 | 4BSponsor Sale | 1,205 | $957,155 | $794 | |
| May 6, 2005 | 3BSponsor Sale | 1,205 | $896,060 | $744 | |
| May 3, 2005 | 3ASponsor Sale | 863 | $702,592 | $814 | |
| May 2, 2005 | 4ASponsor Sale | 863 | $712,775 | $826 | |
| Apr 28, 2005 | 6ASponsor Sale | 1,467 | $1,272,812 | $868 | |
| Apr 27, 2005 | 2ASponsor Sale | 863 | $560,037 | $649 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00309-7501) 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. Storage, parking, and commercial units are excluded from all figures. Floor- and line-level $/sf are time-controlled (each sale measured against the building’s going rate at the time of sale) and expressed at today’s pricing, so they isolate the floor or line premium rather than blend two decades of market movement.
Put this data to work.
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