136 Baxter Street Condos for Sale – The Machinery Exchange Building – Little Italy Manhattan
136 Baxter Street known as the Machinery Exchange Building has to be one of the very most intriguing buildings in this location where Little Italy, Chinatown, Soho and Nolita all come together. Originally built in 1915 as a stable for the police headquarters which was located just a few blocks north on Centre Street, which in itself has become one of the most unique residential buildings in downtown Manhattan. About a decade later, the building was sold and shifted into a warehouse for machinery and where its current name originated from, The Machinery Exchange Building.
In 2007, the building was bought and the condo-conversion began. The developers chose to highlight and focus on the downtown loft features that buyer’s are so often attracted to. A boutique building of just 14 residences spread out over 6 floors for Condos for Sale at 136 Baxter Street.
Features and Benefits at Condos for Sale at 136 Baxter Street , The Machinery Exchange Building
First, you have to start with the exterior of the building. The red brick was handsomely restored and they left the faded painted name, a very smart aesthetic decision. The exterior of the building epitomizes the pre-war condominium loft look that is so popular for downtown Manhattan buyers.
The apartments themselves have some very distinguishable features, probably the most noteworthy are the Yellow Pine Wood Ceilings with exposed Timber Beams. These are loft style apartments so ceiling height is what you’d expect, ranging from 11-13 ft tall, also combining exposed brick, you have this combination of features that is very beautiful and epitomizes the aesthetic of the pre-war Manhattan condominium loft look. Lots of light, apartments have abundant windows.
Highlighting all of these pre-war elements you also have luxury kitchens and bathrooms. Kitchens are outfitted with Valcucine brushed aluminum cabinetry, Bianco Luna countertops, Miele ranges and ovens, and Sub-Zero refrigerators. Bathrooms are beautiful with their glass and limestone tiles, soaking tub, walk in shower stall, and dual vanities in the Master Bathroom.
With just 14 residences, apartments rarely come up for sale in the building. In 2013, a corner Two Bedroom 1500+sq ft, sold for just under $2,100,000. And a Penthouse 3 Bedroom with private terrace sold for $3,800,000.
In today’s marketplace as of July 2013, I’d expect pricing to definitely increase from when the building was first sold out in 2008.
What to do in the Neighborhood around 136 Baxter Street?
Home to trendy boutique shopping, historic Mulberry Street just one block away, the energy of this downtown location is hard to beat. This is a downtown Manhattan location that has a little bit of everything, if you want to go sit and relax in the cafes and restaurants of Soho and Nolita you are just minutes away, the kinetic energy of Mulberry Street and the the Lower East Side are also just minutes away. If you are looking for multiple transportation options you are within minutes of multiple subway lines. A dynamic neighborhood that has the energy of downtown Manhattan and a building located on a tree-lined street that combines the very best of loft architecture with modern finishes and convenience, 136 Baxter Street Condominiums for Sale is a must see for any downtown Manhattan condominium loft buyer.