Upper Lower East Side

REAL ESTATE • In Contract

In our youth at The Magician, it was hard to imagine a future of luxury apartments on the Lower East Side. Granted, the neighborhood still isn’t a regular on the weekly rolls of haute listing contracts we track here as part of our solemn duty at FOUND. But it does make occasional appearances, tucking in alongside the Upper East Side, Chelsea, the West Village to steal the scene.

Today, it was this Rivington St. penthouse (above) — six blocks west of The Magician on the edge of Nolita — that caught our eye. It’s a striking apartment, with soaring ceilings, a rooftop pool, and a grand staircase. But it took those stairs down from its original listing price of $10.75M in 2020 all the way to a pre-contract price of $4.995M. 

We had to scroll through three months’ of Olshan archives to unearth two more contracts to make our listings trifecta. All three entrants are below. And If you’re in the market, four more are currently for sale above $4 million.

→ 15 Rivington St PH (Lower East Side) • 3BR/3BA, 2200 SF condo • Closing ask: $4.995M • Triplex with 34’ ceilings and that rooftop lap pool • Days on market: 316+ • Monthly common charges: $897; Monthly taxes: $1965 • Agent: Elizabeth Sahlman, Compass.

→ 199 Chrystie St 6N (Lower East Side) • 3BR/3.5BA, 2405 SF condo • Closing ask: $4.5M • One of 14 “interlocking villas” in new Thomas Juul-Hansen design • Days on market: 277+ • Monthly common charges: $3605; Monthly taxes: $3120 • Agent: Noble Black et al, Elliman.

→ 196 Orchard St 9E (Lower East Side) • 3BR/3.5BA, 2048 SF condo • Closing ask: $4.795M • Corner unit with 1137 SF terrace in Ismael Leyva building • Days on market: 433 • Monthly common charges: $3096; Monthly taxes: $3415 • Agent: Richard Hottinger, Elliman.