$5,850,000
Updated 3 years ago
Sold

The Machinery Exchange Lofts

136 Baxter Street, PH-B

Little Italy, Manhattan | Hester Street & Grand Street

Loft 6 Rooms3 Beds3.5 Baths2,748 Square FeetCondo

$5,850,000
Common Charges$3,240
RE Taxes$3,330
Price Per SF
$2,129

This property was sold for $5,850,000 on 08/10/23.

Listing Features

  • Beamed Ceilings
  • Duplex
  • Exposed Brick
  • Galley Kitchen
  • Hardwood Floors
  • High Ceilings [11']
  • Laundry Room
  • Original Details
  • Penthouse/Top Flr
  • Pocket Doors
  • Surround Sound
  • Walk-in Closet
  • Washer / Dryer
  • WBFP
  • Wet Bar
  • Flr-to-Clg Windows
  • Center Island
  • Dishwasher
  • Eat-in Kitchen
  • Gourmet Kitchen
  • Open Kitchen
  • S Steel Appliances
  • Second Kitchen
  • Windowed Kitchen
  • Double Vanity
  • En Suite Bathroom
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • Terrace
  • Wrap Terrace
  • City Views
  • Treeline Views
  • East Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Virtual Doorman
  • Bike Storage
  • Elevator
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 136 Baxter Street, PH-B

A modernist glass jewel box set atop a converted warehouse, Penthouse B at 136 Baxter Street is a rare offering on the dynamic intersection of Soho, Nolita and Chinatown. Tucked away on Baxter Street - one of downtown's in-the-know enclaves - this three-bedroom, three-bathroom duplex residence seamlessly integrates a modern loft in the sky with sought after prewar details. Adorning the living and entertaining spaces of the upper floor is an expansive and polished private outdoor spaces with full irrigation and landscaping.The 1,600+ square foot terrace creates truly functional indoor/outdoor living experience, complete with an outdoor kitchen and dining area that flows effortlessly from the interior kitchen. With southern and eastern exposures and floor-to-ceiling windows, the residence offers a private living experience that is open and light. A wood-burning fireplace ensures the home is equally built for the colder months as it is for summer. On the lower level, the three bedrooms feature pre-war characteristics in a loft-like setting each with steel frame windows facing south and east, 10-foot timber-beamed ceilings, oak floors, cast iron columns, and white-washed masonry walls. The spaciousness of this level is reminiscent of a gallery providing ample space to exhibit collections. Additionally, the sixth floor includes a midnight kitchen with a fridge and wet bar, as well as a laundry room complete with a side-by-side washer/dryer. 136 Baxter Street, known as the Grand Machinery Exchange, is a former horse stable for the Famed Police Building, perched at the nexus of Lower Manhattan. Built in 1915, this 12-unit boutique condominium was reimagined by Gallerist turned developer, Max Protetch, and is currently maintained by a full-time resident manager who accepts packages, a 24-hour virtual doorman and deeded storage. Neighborhood highlights include the 11 Howard Hotel, Sant Ambroeus, Jack's Wife Freda, and Eataly opening soon.

Listing History for 136 Baxter Street, PH-B

Now
08/10/2023
$5,850,000
Sold and Closed by Nick Gavin
Compass
05/11/2023
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
Learn More About the Building

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

Contact Agents

Contact Agents

Nick Gavin
Compass

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: 422141