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Perfectly Reasonable Gramercy One-Bedroom Seeks $599,000

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Welcome back to The Six Digit Club, in which we take a look at a newish-to-market listing priced under $1 million, because nice things sometimes come in small packages. Send nominations to the tipline.

Price: $599,000
Address: 145 East 15th Street #3M
Size: 1BR, 1BA
Maintenance: $934

This 1BR co-op in the Gramercy Arms isn't exactly a sight to behold, but neither does it have any glaring flaws (the main one would probably be that all the windows face a brick wall, which isn't really all that terrible.) And, for a $600,000 apartment downtown, no obvious flaws is pretty good. The living room, bedroom, and kitchen are all nicely sized, the maintenance fees are under $1,000/month, and nothing seems to be actively falling apart—in fact, the apartment was somewhat recently renovated. Maybe no one told the owner, who bought the place for $595,000 in 2006, that you're supposed to quadruple the price after any type of renovation.

· Listing: 145 East 15th Street #3M [Corcoran]
· The Six Digit Club archives [Curbed]