![]() |
A Douglas Elliman Exclusive by The Eklund Gomes Team.
Residence 7J is a 733-square-foot one-bedroom, one-bathroom home that blends industrial charm with sophisticated finishes. Oversized west-facing casement windows framed in bronze fill the space with sunlight, accentuating the white oak floors and soaring 10-foot concrete ceilings. Thoughtfully designed interiors include custom walnut millwork, a striking Nero Marquina marble kitchen with premium Miele appliances, and a beautifully appointed bathroom clad in Blue de Savoie marble. Blackened nickel fixtures from Waterworks and an in-unit washer and dryer complete this refined Lower East Side residence.
At 196 Orchard, residents are treated to a refined mix of modern conveniences and inspired design. The building's crown jewel is a sprawling 4, 100-square-foot rooftop terrace, outfitted with multiple seating areas, two fully equipped outdoor kitchens, and a dining space ideal for entertaining against the backdrop of panoramic skyline views. Whether you're lounging in the sun or gathering with friends, the rooftop offers a true urban escape.
Fitness-minded residents enjoy direct access to a state-of-the-art, 30, 000-square-foot Equinox gym located in the building, with exclusive membership discounts available. Additional services include a full-time doorman and an attentive on-site superintendent, ensuring comfort and ease around the clock.
Designed by celebrated architect Ismael Leyva and brought to life in partnership with NYC-based INC Architecture & Design, 196 Orchard is a bold interpretation of downtown living. Its striking fa ade-crafted from hand-laid Spanish brick in rich black and bronze hues-pays tribute to the gritty elegance of the Lower East Side, while towering casement windows echo the neighborhood's creative pulse. Perfectly positioned at the crossroads of Orchard and Houston, the building places you at the heart of a vibrant cultural and culinary scene.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.754% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,885 | $7,658 | $10,173 |
Total Monthly Payment | $7,010 | $7,783 | $10,298 |
* 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.