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The Machinery Exchange, 136 Baxter Street

between Hester Street & Grand Street   |    NoLiTa/Little Italy

cityrealty insider access Interested in off-market listings at The Machinery Exchange? find out more

Key Details

  • Condo
  • Built in 1915
  • 11 Apartments
  • 7 Floors
There are currently no apartments available
  • Size Avg. Price # Sold
  • 1 BED $3,400,000 1
  • 2 BEDS $2,570,000 1
  • Avg. Price based on 2 closings during past 12 months Last updated Jun 25, 2017
  • View all recent sales
$1,777 Avg. Price / Ft2

Overview

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
  • #10 Rated condo - NoLiTa/Little Italy
How was this building rated?

This large, red-brick building was erected in 1915 as a stable for the city's very impressive Beaux-Arts style Police Headquarters Building nearby on Center Street that eventually was converted to apartments.

Beginning in 1927, this building was known as the Grand Machinery Exchange because it became a warehouse for used manufacturing equipment.

In 2007, Max Protech, the well-known dealer in architectural drawings, announced that he and Andreas Veith, the former CEO of Hypo Real Estate International, would convert this building to 14 residential condominiums. The building, which is known as the Machinery Exchange, has a 136 Baxter Street address and a 209 Hester Street address. It is one block north of Canal Street.

Mark Dubois, a partner in Ohlausen Dubois Architects, and Ed Rawlings are the architects for the project. Mr. Dubois had designed a house in Santa Fe for some friends of Mr. Protech.

The design will leave the exterior as is with its faded painted name. Apartments will have 11 to 13-foot high, golden pine ceilings and exposed brick walls. Kitchens have Valcucine brushed aluminum cabinetry, Bianco Luna countertops, Miele ranges and ovens, and Sub-Zero refrigerators.

A penthouse level has been added to the original building.

Show more

Nearby Subway Stations

  1. J
    J
    • Canal Street (at Centre) (0.07 miles)
     
  2. M
    M
    • Broadway - Lafayette Street (at Houston) (0.48 miles)
     
  3. Z
    Z
    • Canal Street (at Centre) (0.07 miles)
     
  4. 1
    1
    • Franklin Street (at Varick and North Moore) (0.43 miles)
     
  5. B
    B
    • Grand Street (at Chrystie) (0.27 miles)
     
  6. D
    D
    • Grand Street (at Chrystie) (0.27 miles)
     
  7. F
    F
    • Broadway - Lafayette Street (at Houston) (0.48 miles)
     
  8. N
    N
    • Canal Street (at Centre) (0.07 miles)
     
  9. Q
    Q
    • Canal Street (at Centre) (0.07 miles)
     
  10. R
    R
    • Canal Street (at Centre) (0.07 miles)
     
  11. 4
    4
    • Chambers Street (at Lafayette and Duane) (0.45 miles)
     
  12. 5
    5
    • Chambers Street (at Lafayette and Duane) (0.45 miles)
     
  13. 6
    6
    • Canal Street (at Centre) (0.07 miles)
     
  14. A
    A
    • Canal Street (at Thompson) (0.37 miles)
     
  15. C
    C
    • Canal Street (at Thompson) (0.37 miles)
     
  16. E
    E
    • Canal Street (at Thompson) (0.37 miles)
     

Carter Horsley's Review

The Machinery Exchange, 136 Baxter Street Carter Horsley's Building Review
"This large, red-brick building was erected in 1915 as a stable for the city's very impressive Beaux-Arts style Police Headquarters Building nearby on Center Street that eventually was converted to apartments." Read Carter's Full Review

The pros & cons

Pros
  • Subzero refrigerators
  • High ceilings
  • One block north of Canal Street
  • Wood burning fireplace in penthouse
  • Close to Subway
  • Close to Chinatown
  • Former Police Department stable
  • Good public transportation
  • Golden pine ceilings
Cons
  • No sidewalk landscaping
  • No roof deck
  • No garage
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Famous Residents at The Machinery Exchange, 136 Baxter Street

 

Pricing Comparison of Similar Buildings

View Detailed Comparison

The Machinery Exchange, 136 Baxter Street - 10 year Sales History

View Full Sales History
 

The Machinery Exchange, 136 Baxter Street 12 Month Sales Summary

View By Apartment Sizes
Past 12 Months
$1,777
AVG Price / ft2, based on 2 Sales
 

Loading Recent Closings Table

The Machinery Exchange, 136 Baxter Street Alternate Addresses

  • 209 Hester Street
  • 134 Baxter Street
  • 211 Hester Street

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In the Neighborhood: What’s Available & Sales Stats

Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 27 Total Sales
  • $1,795 Avg. Price / Ft2
  • $2,988,347 Avg. Price
  • $2,450,000 Median Price
  1. Most Expensive 285 Lafayette Street Apt PHA | $10,500,000
    Price / ft2 $3,633
  2. Least Expensive 165 Elizabeth Street Apt 3R | $288,000
    Price / ft2 $785

Similar Buildings

 
cityrealty insider access Interested in off-market listings at The Machinery Exchange? find out more
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