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In Contract

The Machinery Exchange, 136 Baxter Street, #3C

$3,550,000 ($2,167 per ft2) | 2 beds, 2 baths | Approx. 1,638 ft2
Building Profile  | 
58 days on Market

Key Details

  • Listed: Sep 17, 2024
    Days on Market: 58
    Building Type: Condominium
    Neighborhood: NoLiTa/Little Italy (Manhattan)
Monthly Common Charges: $1,782
Monthly Real Estate Taxes: $2,218
Total Taxes & Fees: $4,000 ($2.44/ft2)
Est. Monthly Mortgage: $18,742
Total Est. Monthly Carrying Cost: $22,742 ($13.88/ft2)
Note: the above is based on a down payment of 20% ($710,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Location: Situated in the highly sought-after NoLiTa/Little Italy neighborhood, this property is surrounded by a variety of New York’s finest restaurants, retail, hotels and museums, and is in close proximity to public transportation and subway.
  • Building: This historic pre-war building, originally constructed in 1915, is meticulously maintained by a full-time resident manager and features a 24-hour virtual doorman for added security. The building also includes an elevator for convenience.
  • Kitchen and Laundry: The beautiful Valcucine kitchen is equipped with a large island, Bianca Luna countertops, and vented Miele range and subzero refrigerator. The property also includes a large built-out and vented laundry room.
  • Extras: The primary bathroom features a double vanity, heated towel rack, and high-quality hardware. An oversized private storage unit is also included in the sale.
  • Interior Design: The unique loft design features high yellow-pine timber-beamed ceilings and white-washed brick walls, creating a warm and inviting atmosphere.
  • Layout: The property boasts an expansive split-bedroom layout, with an additional alcove in the primary suite that can be used as a home office or second walk-in closet.

Description

Perfectly situated at the intersection of SoHo, Nolita, and Chinatown, the lofts of this historic building evade the nearby hustle and bustle by being on the beautiful, quiet, leafy Baxter Street. The corner Loft 3C is the perfect showcase of the features that define the celebrated design of these homes. High yellow-pine timber-beamed ceilings, white-washed brick walls, original cast-iron columns, and oversized picture windows combine to create a space as recognizable as it is desired by many.

This Residence offers an expansive split-bedroom layout with great dimensions in every room. Of special note are the addition of a very large built-out and vented laundry room as well as an additional alcove in the primary suite which can be used as a home office or a second walk-in closet. The primary bathroom features double vanity, heated towel rack, and Geberit and Duravit hardware.

The beautiful Valcucine kitchen features a large island, Bianca Luna countertops, brushed aluminum, and vented Miele range and subzero refrigerator. An oversized private storage unit conveys with the sale. The Grand Machinery Exchange at 136 Baxter was originally constructed in 1915 as the horse stable for the stunning Beaux-Arts Police Building just to the north on Centre Street.

The building was converted to condominiums in 2007 by the renowned Ohlhausen Dubois Architects. The building is meticulously maintained by a full-time resident manager and features a 24-hour virtual doorman. The building is surrounded by a variety of New York’s finest restaurants, unparalleled retail, hotels and museums, making it the very essence of the ultimate Downtown lifestyle.

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Pricing History

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About The Machinery Exchange, 136 Baxter Street

75

The Machinery Exchange, 136 Baxter Street has received a CityRealty Rating of 75, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

25
Out of 44
+
25
Out of 36
+
17
Out of 39
+
8
=
75
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unrelated Base 0 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Pre War
  • Elevator

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Pros
  • High ceilings
  • Close to Chinatown
  • Good public transportation
  • One block north of Canal Street
  • Wood burning fireplace in penthouse
  • Subzero refrigerators
  • Former Police Department stable
  • Golden pine ceilings
  • Close to Subway
Cons
  • No sidewalk landscaping
  • No roof deck
  • No garage
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Subways

  1. J
  2. Z
  3. N
  4. Q
  5. R
  6. 6
at Centre 0.07 miles
  1. B
  2. D
at Chrystie 0.27 miles
  1. A
  2. C
  3. E
at Thompson 0.37 miles
  1. 1
at Varick and North Moore 0.43 miles
  1. 4
  2. 5
at Lafayette and Duane 0.45 miles
  1. M
  2. F
at Houston 0.48 miles

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