123 Baxter Street
123 Baxter Street, New York, NY 10013
Little Italy
BBL 1002067501 · BIN 1086548
- Year built
- 2003
- Type
- Condominium
- Units
- 23
- Landmark
- No
- Pets
- Cats and dogs permitted under the condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2007–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,283
- Listing discount
- 4.0%
- Recorded sales
- 43
- On record
- 2007–2025
123 Baxter Street is a rare thing on the Little Italy/Chinatown border: a genuinely full-service boutique condominium, built in the mid-2000s, with a doorman, a fitness center, a roof deck, and — most unusual for the area — an automated robotic parking garage on site. In a downtown pocket otherwise dominated by tenement walk-ups and converted lofts, it offers the amenity package of a much larger building at boutique scale.
The location places buyers at the seam of three downtown neighborhoods — Little Italy, Chinatown, and NoLita — with SoHo and TriBeCa a short walk west, and the Canal Street and Grand Street transit options close by. For buyers who want move-in-ready, full-service downtown living without the price tag of SoHo's marquee addresses, the building is a distinctive option.
Architecture and unit composition
Designed by Adam Kushner of Kushner Studios and developed by American Development Group, 123 Baxter is a seven-story contemporary masonry-and-glass building completed in the mid-2000s, with roughly 23 condominium residences (records vary, with some citing 26). Apartments are predominantly two-bedroom layouts with central air, gas fireplaces, and in-unit washer/dryers; several units carry private terraces.
The building's standout feature is its on-site amenity set: a 24-hour doorman and concierge, a no-fee fitness center, a roof deck, and an automated turntable parking garage — engineering that fits dozens of cars into a footprint a conventional ramp garage could never serve. That parking system is a meaningful differentiator in a part of downtown where off-street parking is scarce.
Building operations
123 Baxter operates as a staffed, full-service boutique condominium with a 24-hour doorman and concierge. The automated parking garage, fitness center, and roof deck are managed building amenities; common charges reflect the staffing and the mechanical systems, including the parking equipment. Pets — cats and dogs — are permitted under the building rules.
Buyers should review the offering plan, current financials, board minutes, and reserve study during due diligence, and pay particular attention to the maintenance and replacement reserves associated with the automated parking system, which is a specialized mechanical asset.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $12,798/yr
- Per unit / month range
- $0 – $46
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
123 Baxter trades as a condominium, so pricing is read on a price-per-square-foot basis. Recent resale activity has clustered around the low-to-mid $1,000s per square foot, with two-bedroom apartments asking roughly $1.8M to $2.3M and a building-wide average in the low $2M range; a larger apartment closed at $4.5M. (One recorded $1 transfer should be disregarded as a non-arm's-length transaction, not a market sale.) With roughly two dozen heterogeneous units, pricing turns on floor, exposure, terrace, fireplace, and renovation level, plus whether a deeded parking space is included. We price each apartment to the building's own comparable trades.
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jun 5, 2025 | 3ASponsor Sale | 2 BR · 2 BA · 1,521 sf | $1,939,275 | $1,275/sf | off-mkt |
| Jun 7, 2024 | 5D | 3 BR · 3 BA · 2,133 sf | $2,265,900 | $1,062/sf | -5.4% |
| May 18, 2023 | 5A | 3 BR · 2 BA · 1,521 sf | $1,995,000 | $1,312/sf | +0.0% |
| Dec 29, 2022 | 6C | 1 BR · 1.5 BA · 1,061 sf | $1,250,000 | $1,178/sf | off-mkt |
| Dec 14, 2022 | PHA | 3 BR · 2.5 BA · 2,987 sf | $4,500,000 | $1,507/sf | -15.1% |
| Jan 15, 2021 | 3BSponsor Sale | 2 BR · 2.5 BA · 1,753 sf | $1,925,000 | $1,098/sf | off-mkt |
| Nov 12, 2019 | 3D | 2 BR · 1.5 BA · 1,100 sf | $1,387,500 | $1,261/sf | -9.0% |
| Feb 28, 2019 | 4C | 1 BR · 1,061 sf | $1,248,000 | $1,176/sf | -2.5% |
Market read. Most recent trades (2025) cleared a median $1,283/sf across 1 sale. Median listing discount 4.0% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00206-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
Full service at boutique scale. Doorman, concierge, gym, roof deck, and automated parking in a 23-unit building — an unusual amenity package for the Little Italy/Chinatown border.
The parking system is a real asset — and a real mechanical item. On-site automated parking is scarce downtown and adds value. Confirm whether a space is deeded to the unit, and review the reserve position for the parking equipment.
Expect a 2000s product. Central air, gas fireplaces, and in-unit laundry are standard here; condition varies by owner renovation. View units in person.
Historic-district context is honorary, not regulatory. The building sits at the edge of a National Register district (a federal honorary listing); it is not subject to NYC Landmarks exterior review.
Condo flexibility is real. 30–45 day closings; pied-à-terre, investor, and foreign-buyer use permitted; subletting allowed under the declaration.
What to know if you’re selling
Lead with the amenity package and parking. The full-service operation and the on-site automated garage are the differentiators against the surrounding walk-up and loft stock — and parking, where deeded, is a headline.
Price to the building's own comps. With a small, varied unit count, the persuasive evidence is 123 Baxter's recent trades adjusted for floor, terrace, fireplace, parking, and condition.
Reach the full downtown buyer pool. Demand spans downtown professionals, design-conscious buyers, and those who specifically need parking; marketing should reach all three.
Comparable buildings
If you're considering 123 Baxter Street, also evaluate:
- 129 Lafayette Street — prewar loft-conversion condo a few blocks north at the NoLita/Chinatown edge
- 86 Canal Street — boutique new-construction condo nearby with lower carrying costs
- 210 Lafayette Street, 225 Lafayette Street, and 285 Lafayette Street — NoLita/SoHo loft and boutique condos
- 36 Bleecker Street — boutique NoHo/NoLita condominium
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Greenwich Village — read The Roebling Team Guide to Greenwich Village.
Considering a move at 123 Baxter Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 123 Baxter Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.