$5,400,000
Updated a year ago
Sold

The Machinery Exchange Lofts

136 Baxter Street, PH-A

Little Italy, Manhattan | Hester Street & Grand Street

Loft 5 Rooms3 Beds3.5 Baths2,575 Square FeetCondo

$5,400,000
Common Charges$2,988
RE Taxes$3,717
Price Per SF
$2,097

This property was sold for $5,400,000 on 02/21/25.

Listing Features

  • Architectural Dtls
  • Beamed Ceilings
  • Duplex
  • Exposed Brick
  • Galley Kitchen
  • Hardwood Floors
  • High Ceilings [10']
  • Penthouse/Top Flr
  • WBFP
  • Flr-to-Clg Windows
  • Dishwasher
  • Gourmet Kitchen
  • Open Kitchen
  • S Steel Appliances
  • Double Vanity
  • En Suite Bathroom
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • Terrace
  • City Views
  • East Exposure
  • South Exposure

Building Amenities

  • Virtual Doorman
  • Bike Storage
  • Elevator
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 136 Baxter Street, PH-A

A rarely available combination of pre-war loft and glass modernism, Penthouse A at 136 Baxter Street is a highly private duplex bathed in sunlight in one of downtown's most sought after pre-war condominiums. With a large terrace that runs the entirety of the great room, the upstairs level has an impressive indoor/outdoor flow. Loft-like and open, the floor-to-ceiling windows and sliding glass doors provide bright eastern light, anchored by the wood-burning fireplace. The apartment is pin-drop quiet and exceptionally private with limited view lines into the unit or onto the terrace. Downstairs, 10’2" yellow pine ceilings, white-washed masonry walls, original timber beams, oak floors, and three generously sized bedrooms - including a massive principal suite - create a pre-war sanctuary. At almost 2,600 square feet of interior space, this three-bedroom penthouse can easily convert to a comfortable four-bedroom without losing flow. Right at the nexus of SoHo, NoLiTa, Chinatown, and TriBeCa, Penthouse A is available for the first time in over ten years and one of only two penthouses in the building. Enter on the upper level - there is a separate entrance on the lower level as well - into the great room, which greets you with its wall of east-facing windows and sliding glass doors that look over the 675 square foot terrace. The large kitchen has an eat-in breakfast bar that opens into the space. Two sliding glass doors create easy flow to the terrace, which itself has multiple seating areas and offers eastern and southern city views. A powder room upstairs makes the home perfect for guests and hosting. Downstairs you’ll find the private quarters: three bedrooms, two of which have en-suite bathrooms, plus a third full bathroom and an oversized laundry room. The stately timber beams create structure to this space, while the white-washed brick walls hint at its century-old character. The principal bedroom is enormous, and includes two large steel-framed east-facing windows looking out over Baxter Street. It includes two large closets and an en-suite bathroom with a double vanity and separate soaking tub. The second bedroom also faces east and has two closets, in addition to an en-suite bathroom. The final bedroom has a dedicated full bathroom in the hallway, where there are two more large closets. 136 Baxter Street, known as the Grand Machinery Exchange, is a former horse stable for the Famed Police Building, perched at the crux 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 new SoHo Eataly, La Mercerie, Smile to Go, Sant Ambroeus, and Jack’s Wife Freda. Also within close proximity is Walker Street, the centerpiece of a burgeoning downtown gallery scene.

Listing History for 136 Baxter Street, PH-A

Now
02/21/2025
$5,400,000
Sold and Closed by Nick Gavin
Compass
01/17/2025
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: 1044303