NOT LISTED FOR SALE

Estimated Value: $2,823,000 - $3,652,000

2 Beds
1 Bath
1,750 Sq Ft
$1,598/mo HOA Fee

Last Sold July 21, 2021

Last sale price $3,500,000 $2,000 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $21,155/month

1,601 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
  • Central Air

About This Home

As of July 2021

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.

Last Agent to Sell the Property

Nick Gavin

Compass License #40GA1149765 Listed on: 03/02/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,100

Year Built

  • Built in 1915

HOA Fees

  • $1,598 Monthly HOA Fees

Home Design

  • 1,750 Sq Ft Home
  • Pre War Building
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

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

$23,100

Year Built

Built in 1915

Lot Details

0

HOA Fees

$1,598 per month

Listing Details

  • Cross Street: Hester Street/Grand Street
  • Exposures: East,South
  • 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, Pantry
  • Appliances: Dryer, Washer
  • Living Area: 1750.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1598.0
  • 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: 23100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Jul 15, 2021
Sold by
Norton Robert
Bought by
136 Baxter Street Unit 5C Llc
Seller's Agent
Nick Gavin
Compass
List Price
$3,500,000
Sold Price
$3,500,000
Current Estimated Value
$3,278,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$221,175
Avg. Annual Appreciation
-1.48%

Purchase Details

Closed on
Apr 14, 2017
Sold by
Ahl George W
Bought by
Norton Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,245,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2008
Sold by
209-211 Hester Street Llc
Bought by
Ahl George W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
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
136 Baxter Street Unit 5C Llc $3,500,000 --
Norton Robert $3,400,000 --
Ahl George W $2,750,000 --
Ahl George W $2,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norton Robert $2,245,000
Previous Owner Ahl George W $1,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2021 07/21/21 Sold $3,500,000 0.0% $2,000 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $3,500,000 -- $2,000 / 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 $28,334 $228,657 $25,452 $203,205
2024 $28,334 $226,636 $25,452 $201,184
2023 $27,593 $224,938 $25,452 $199,486
2022 $26,652 $218,304 $25,452 $192,852
2021 $26,778 $218,289 $25,452 $192,837
2020 $23,491 $244,570 $25,452 $219,118
2019 $23,542 $241,911 $25,452 $216,459
2018 $27,823 $220,385 $25,451 $194,934
2017 $27,404 $224,233 $25,451 $198,782
2016 $27,072 $224,828 $25,452 $199,376
2015 $15,266 $219,911 $25,452 $194,459
2014 $15,266 $221,220 $25,452 $195,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10074116

Real Estate Board of New York (REBNY)

APN: 0235-1013