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.
Before condos occupied the building at 120 East 87th Street, a Gimbels Department Store, the once-popular department store (and Macy’s rival) stood in place, nearly two decades ago. Now, on the building’s 16th floor lies a sunny and fairly spacious studio that’s asking $700,000.
The condo is complete with 14-foot ceilings, oversized windows, built-in shelving, a sunken living room, and a separate sleeping space—allowing it to feel more like a one-bedroom . Though small, the galley kitchen offers full-sized (but dated appliances) and two closets within the expansive bathroom as well as overhead storage space in the sleep alcove offer plenty of places to keep all your essentials.
Aside from the apartment itself, the location isn’t too bad either. Central Park is just two blocks away, as is many stores and subway stations. Common charges are $619 per month—not terrible.