Updated 9 years ago
Sold
The Machinery Exchange Lofts
136 Baxter Street, 5-C
Little Italy, Manhattan | Hester Street & Grand Street
Loft 3 Rooms1 Bed1 Bath1,750 Square FeetCondo
$3,400,000
Common Charges$1,463
RE Taxes$2,256
Price Per SF
$1,943
This property was sold for $3,400,000 on 04/14/17.
Listing Features
- Beamed Ceilings
- Corner Apartment
- Exposed Brick
- High Ceilings [11.6']
- Separate Dining Area
- Surround Sound
- Walk-in Closet
- Washer / Dryer
- Tilt / Turn Windows
- Window Treatments
- Adjoining Pantry
- Dishwasher
- Open Kitchen
- S Steel Appliances
- Windowed Kitchen
- Wine Cooler
- Double Vanity
- En Suite Bathroom
- Soaking Tub
- Stall Shower
Outdoor space and views
- East Exposure
- South Exposure
Building Amenities
- Virtual Doorman
- Bike Storage
- Elevator
- Storage
Policies
- Pets Allowed
Property Description for 136 Baxter Street, 5-C
Erected in 1915, 136 Baxter Street served as a horse stable for the famed Beaux-Arts Police Building and was eventually converted to a manufacturing warehouse before emerging as a boutique condominium. Located on a serene, tree-lined street, the handsomely restored Machinery Exchange is comprised of only 12 units establishing a sense of privacy and exclusivity.
Residence 5C is a stunning 1,750 square foot corner loft. Defining features include: 11’6 pine ceilings, heavy timber beams, original cast iron columns, exposed white brick walls and 12 custom steel framed tilt and turn windows. Washed in sunlight, the dramatic 30’ x 25.5’ corner living room features multiple seating areas and a great scale rarely found in today’s market. Perfect for entertaining, the dining area seats up to 16 guests. The exposed white brick walls provide texture and abundant hanging space for an expansive art collection while beautifully contrasting the grey stained oak floors + matte grey finished columns.
Sleek and minimal, the Valcucine windowed kitchen is in impeccable condition and features a large breakfast bar with Bianca Luna countertops, brushed aluminum cabinets, vented Miele range and Subzero refrigerator. Located directly off of the kitchen, a built-out, oversized pantry houses additional storage with a wine refrigerator but can be easily converted to a powder or full second bathroom.
The generously proportioned master bedroom features three South facing windows, with blackout shades, complete with an en suite bathroom and massive walk in closet which has been customized for maximum storage and convenience. The bathroom is a spa-like oasis lined in limestone and glass tiles with a Zuma deep soaking tub and separate rain shower. Added conveniences in the master bathroom include a double vanity, deep Robern medicine cabinet, Geberit + Duravit system and towel warmer.
Additional features: Dual zoned central AC, built in surround sound ZON speakers and a vented washer/dryer. Temperature controlled heat is included in your monthly common charges.
The Machinery Exchange occupies a prime location at the intersection of SoHo, Nolita, Chinatown and Little Italy. Meticulously maintained by a full time resident manager who has been profiled in the New York Times, amenities include a 24-hour virtual doorman, package room off the lobby and a deeded storage room included in the sale. The building is steps to à la mode shopping such as Opening Ceremony, Rick Owens and Reformation, hot spot hotel 11 Howard and furniture/design boutiques BDDW, Henry Built and Michelle Varien.
*Please note 5C is currently configured as a one bedroom and can be easily converted into a two bedroom, please see alternative floorplan.
Listing History for 136 Baxter Street, 5-C
Now
04/14/2017
$3,400,000
Sold and Closed by Nick Gavin
Compass
01/23/2017
Contract Signed by Nick Gavin
Compass
Building Details for 136 Baxter Street
OwnershipCondo
Building TypeLoft
Service LevelVirtual Doorman
AgePre-War
AccessElevator
Year Built1915
Financing Allowed90%
Floors/Apts7/14
Transit and Citi Bike
Subway
Canal St
0.07 miles
Spring St
0.27 miles
Grand St
0.27 miles
Bowery
0.28 miles
Canal St
0.37 miles
Citi Bike
Howard St & Lafayette St
0.06 miles
Walker St & Baxter St
0.1 miles
Little Italy | Manhattan
Quick Profile
It’s fitting that the neighborhood’s name is Little Italy because It’s been getting smaller for decades. The Italian immigrants that flooded New York City and built the vibrant ethnic enclave in the 1860s and 1880s eventually left for greener pastures, assimilating into other parts of the city or suburbs. The disappearance of Little Italy is a sad story as far as neighborhoods go, but it’s one that should be told.
Little Italy once spanned 50 square blocks and represented the biggest population of Italian immigrants in America. But in recent years, it’s been squeezed by the growth of Chinatown and SoHo and muscled from the rebranding of other neighborhoods like NoHo and NoLIta. In fact, NoLita was the culprit that cut the neighborhood in two. Little Italy’s boundaries may vary depending upon who you ask. Today it’s down to just a few blocks along Mulberry Street.
One of the best ways to experience Little Italy is through its food. Take your pick from mom-and-pop markets, meat and cheese shops, or authentic sit-down restaurants that offer the very best in Italian cuisine.
Every September (since 1926), the neighborhood hosts the Feast of San Gennaro, which celebrates the patron Saint of Naples Italy. 11 days of food, colorful parades, music performances, and more food. The aroma of zeppole and grilled sausage can be smelt for blocks. Try planning your visit around this festive time. It’s well worth it.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 411619
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