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A blog from CityRealty (Links below will take you to the 6sqft site)

The Machinery Exchange, 136 Baxter Street, #5C

Listing no longer available on CityRealty as of Jul 21, 2021
It previously was on the market for a total of 141 days.
Last Sold on Jul 15, 2021 for $3,500,000
2 beds, 1 bath | Approx. 1,750 ft2
  • Buyers
  • 136 Baxter Street Unit 5c Llc
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1 apartment is currently available in this building.
141 days on Market

Pricing History

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Key Details

  • Listed: Mar 2, 2021
    Days on Market: 141
    Building Type: Condominium
    Neighborhood: NoLiTa/Little Italy (Manhattan)
    Listing viewed 378 times
Monthly Common Charges: $1,598
Monthly Real Estate Taxes: $1,925
Total Taxes & Fees: $3,523 ($2.01/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $19,439 ($11.11/ft2)
Note: the above is based on a down payment of 20% ($700,000), which is the minimum amount permitted by the building.

Description

The corner loft everyone has been waiting for at 136 Baxter Street. Residence 5C is a stunning 1,750 square foot prewar condominium with an incredible expanse of 12 custom steel framed tilt and turn windows framing southeastern views of Chinatown. Set apart from other units in the building, defining features include: 11’6 pine ceilings throughout, heavy timber beams, original cast iron columns and exposed white brick walls. Currently utilized as an open one bedroom, it can be easily converted to a two bedroom and two bathroom home.

Washed in sunlight, the dramatic corner living room features multiple seating areas and a rarely available grand scale. The exposed white brick walls provide texture and abundant hanging space for an expansive art collection while beautifully contrasting the grey stained oak floors and matte grey finished columns. No detail remains untouched and simple luxury is the fundamental design principal.

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 primary bedroom features three South facing windows, with blackout shades, complete with an en suite bathroom and custom walk in closet. Added conveniences in the primary bathroom include a double vanity, deep Robern medicine cabinet, Geberit and Duravit system and towel warmer. Additional features: Nest controlled, dual zoned central AC, Lutron systems, built in surround sound system and a vented washer/dryer.

Temperature controlled heat is included in the monthly common charges. 136 Baxter Street, also known as The Machinery Exchange, is a former horse stable for the famed Police Building and located at the crossroads of Soho, Nolita and Chinatown. A boutique condominium with only 12 apartments, there is a sense of privacy and exclusivity. This 1915 building is meticulously maintained by a full time resident manager who accepts packages, features a 24-hour virtual doorman and a deeded storage cage included in the sale. *Monthly taxes reflect the Condominium Property Tax Abatement.

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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
  • Condo
  • Built in 1915
  • 11 Apartments
  • 7 Floors

Building Amenities

  • Pre War
  • Elevator

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