NOT LISTED FOR SALE

Estimated Value: $2,434,684 - $3,179,000

2 Beds
2 Baths
1,668 Sq Ft
$1,521/mo HOA Fee

Last Sold March 03, 2021

Last sale price $2,950,000 $1,769 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $18,997/month

38 Days on Market

Highlights

  • Pre War Building
  • 1-minute walk to Canal Street (J,M,Z Line)
  • 4-minute walk to Collect Pond Park
  • P.S. 130 - Hernando De Soto Rated A
  • Entrance Foyer

About This Home

As of March 2021

Loft 5A is one of only 12 apartments in a sought after prewar condominium at the crossroads of the coolest downtown neighborhoods. Spanning 1,668 SF, this two bedroom, two bathroom plus windowed home office includes sought after turn-of-the-century details and simple modern textures. The restored loft features white washed masonry walls, heavy timber beams, steel framed picture windows, original cast iron columns and 11.5' pine ceilings which are the highest in the building. The unique elements of this layout are the two home offices, the massive laundry room/pantry and the ingenious floor plan maximizing every inch, leaving no wasted square footage. 136 Baxter Street, also known as The Machinery Exchange, is a former horse stable for the famed Police Building and located at the intersection of Soho, Nolita and Chinatown. This 1915 building is a boutique condominium for the sophisticated set seeking privacy and exclusivity. It is meticulously maintained by a full-time resident manager who accepts packages and features a 24-hour virtual doorman. A deeded storage cage included in the sale. *Monthly taxes reflect a condominium abatement.

Last Agent to Sell the Property

Nick Gavin

Compass License #40GA1149765 Listed on: 12/08/2020

Compass

Co-Listed By

Josh Doyle

Compass License #10301201386

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,984

Year Built

  • Built in 1915

HOA Fees

  • $1,521 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 5th floor

Interior Spaces

  • 1,668 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Little Italy Subdivision
  • 7-Story Property

Listing and Financial Details

  • Legal Lot and Block 7501 / 235

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,984

Year Built

Built in 1915

Lot Details

0

HOA Fees

$1,521 per month

Listing Details

  • Cross Street: Hester Street/Grand Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Little Italy
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Dining Area, Entrance Foyer, Pantry
  • Living Area: 1668.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1521.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 7
  • Year Built: 1915

Tax Info

  • Tax Block: 235
  • Tax Lot: 7501
  • Tax Annual: 21984.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Mar 2, 2021
Sold by
Zand Jacob
Bought by
New York Newman Llc
Seller's Agent
Nick Gavin
Compass
List Price
$2,950,000
Sold Price
$2,950,000
Current Estimated Value
$2,903,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,079
Avg. Annual Appreciation
-0.33%
Original Mortgage
$2,260,000
Outstanding Balance
$2,025,930
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$877,991

Purchase Details

Closed on
Sep 9, 2008
Sold by
209-211 Hester Street Llc
Bought by
Zand Jacob
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
New York Newman Llc $2,825,000 --
Zand Jacob $2,235,059 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New York Newman Llc $2,260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2021 03/03/21 Sold $2,950,000 0.0% $1,769 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
12/08/2020 12/08/20 For Sale $2,950,000 -- $1,769 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $26,969 $217,641 $24,225 $193,416
2024 $26,969 $215,719 $24,225 $191,494
2023 $26,767 $214,102 $24,225 $189,877
2022 $25,357 $207,788 $24,225 $183,563
2021 $25,488 $207,774 $24,225 $183,549
2020 $22,359 $232,789 $24,225 $208,564
2019 $22,407 $230,258 $24,225 $206,033
2018 $26,482 $209,769 $24,225 $185,544
2017 $26,084 $213,432 $24,225 $189,207
2016 $25,769 $213,998 $24,225 $189,773
2015 $14,530 $209,318 $24,225 $185,093
2014 $14,530 $210,564 $24,225 $186,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10687175

Real Estate Board of New York (REBNY)

APN: 0235-1011