Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
136 Baxter Street #1B
Interested in this property?
Active For Sale Condo

$1,995,000

$1,169 per sq ft

136 Baxter Street #1B

Little Italy, Manhattan

The Machinery Exchange Lofts

MLS® #RLS20060017

RLS at REBNY

Listing by Compass

Studio

0.5

Baths

1,707

Sq. Ft.

1915

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1 full, 1 half
Living Area 1,707 sq ft
Year Built 1915
Ownership Condo
HOA/Common Charges $1,518/mo
Property Taxes $34,620/yr
Neighborhood Little Italy
Floor 1 of 7

Property Highlights

  • Climate Control: Central Air
  • Character: Pre-war building (1915)

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 0 Full, 1 Half
Floor 1 of 7
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 1915
Living Area 1,707 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 0235-1002
Block/Lot 00235/1002

Listing History

Event Date Price Change
Listed Feb 25, 2026 $1,995,000 -
Price Reduced Feb 25, 2026 $2,250,000 +12.8%

Description

Positioned at the nexus of SoHo, TriBeCa, Nolita, and Chinatown, Unit 1B at 136 Baxter Street offers a rare opportunity to inhabit a true downtown loft within a prewar live/work condominium. Equal parts gallery, atelier, and inspiring architectural frame, this duplex space embodies the scale and authenticity that continue to define New York’s most compelling environments. Entered either through a private, tree-lined street entrance or via the building’s main lobby, the loft unfolds across two levels that allow for clear separation between public-facing and private functions. The upper level is defined by soaring 14-foot pine ceilings, oversized warehouse-style windows, exposed brick, and preserved original finishes, as well as a discreetly integrated kitchenette. The volume and light create an ideal setting for a curated art collection, creative studio, or flexible showroom environment, while maintaining the quiet refinement expected of a downtown space. Below, the duplex’s secondary level functions as a dedicated workspace or back-of-house extension, ideal for archives, media production, or auxiliary office use. Anchored by a cast-iron staircase, the lower level includes additional storage and built-ins offering utility and privacy without sacrificing the cohesive loft aesthetic. What distinguishes Unit 1B is its exceptional flexibility. The gallery-scale footprint within a live and work condominium is rarely available in today’s downtown market. With two independent entrances, the space adapts effortlessly to client-facing or professional use while maintaining the discretion and autonomy of a boutique building. Originally constructed in 1915 as horse stables and later reimagined in 1927 as the Grand Machinery Exchange warehouse, the building reflects a layered architectural history emblematic of lower Manhattan’s evolution. Converted in 2007 into a boutique mixed-use condominium with just 14 units, 136 Baxter Street offers a virtual doorman, package room, and full-time superintendent, all moments from the neighborhood’s most vibrant dining, cultural institutions, and major transit lines. Available now as a commercial unit, or consult with an architect to explore the full complement of possibilities for this incredible space. Assessment of $1,690.33 per month through September 2026.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Flooring: Hardwood

Building Amenities

Elevators

Building Information

Financial Details

Common Charges $1,518/mo
RE Taxes $34,620/yr ($2,885/mo)
Previous Price $2,250,000

Little Italy occupies a compact corridor along Mulberry Street in Lower Manhattan between Canal and Houston Streets, defined by red-brick tenement buildings, prewar walk-ups, and cast-iron-facade commercial structures dating to the late 19th century. St. Patrick's Old Cathedral, completed in 1815, anchors the neighborhood's architectural heritage alongside narrow storefronts and fire-escape-lined facades. The 6 train at Spring Street, N/R/W at Canal Street, and J/Z at Bowery place multiple subway options within a short walk.

Little Italy Live Market Data

View Neighborhood

Active Listings

8

Median Asking Price

$2.54M

Median $/Sqft

$2,013

Avg Days on Market

N/A

New This Week

0

Price Reduced

13%

Sold (30 Days)

0

Median Sale Price

$1.95M

Live data from RLS at REBNY • Updated 4/30/26, 5:17 AM EST

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Location

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136 Baxter Street #1B, Little Italy, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1915
Year Built
111 years old
7
Floors
12
Residential Units
M1-5/R10
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $4,246,202
Land Value: $405,001
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 4,781 SF
Building Area: 28,598 SF
Built FAR: 5.98
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,518 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $34,620, or roughly $2,885 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 0 full bathrooms and 1 half bathroom.

The listed interior living area is 1,707 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1915, making it approximately 111 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,995,000 for 1,707 sq ft, the asking price per square foot is approximately $1,169. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20060017
First Listed: 11/14/2025
On Market: 2/25/2026
Price Changed: 2/25/2026
Contract Date: 11/14/2025

Listing Courtesy of Compass - Nicholas H Gavin

Listing Contact: (646) 610-3055

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/30/2026 at 9:17 AM UTC

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