Itty-Bitty West Village Studio With EIK Wants $525,000

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.

According to the most recent batch of real estate market reports, the average price per square foot for Manhattan apartments is now hovering at about $1,497—which means that this teeny West Village studio, which is asking $525,000, is actually within the bounds of what's considered "average" these days. (At 350 square feet—yes, you read that right—it's going for about $1,500 per square foot.) Does that mean it's not crazy? Heck no—the living area measures about 15 feet by 13 feet, so without a sleeping loft or a Murphy bed, you'd have a devil of a time finding a place to sleep. (Perhaps that's why the listing photo has two couches—one is a fold-out, perhaps?) But if you look beyond the size, there are some nice touches to this place: The kitchen is abnormally large, with two closets and enough room to use as an eat-in, in theory. There's a wood-burning fireplace, it's only on the second floor, and the south-facing pad gets plenty of sunlight. If you're a minimalist, it may be just the place for you.

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· Listing: 111 West 11th Street #3FW [Corcoran via StreetEasy]
· The Six Digit Club archives [Curbed]