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Petite Upper East Side studio comes with a small price tag

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This “alcove studio” is asking less than $400,000

All images via Compass

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.

For a mere $310,000, you could own a piece of the Upper East Side—assuming, of course, that you’re okay with purchasing a rather petite alcove studio that’s being billed as a one-bedroom.

But as studios go, this one actually has some nice things going for it: The “bedroom” actually has windows, and is sectioned off from the rest of the apartment by French doors. The living room itself is quite spacious, and the kitchen is bright and clean, with new appliances (including a dishwasher).

On the down side, the bathroom can only be accessed through the bedroom—not the most convenient placement—and the maintenance, at nearly $1,700, isn’t exactly low. (But there’s access to a host of amenities, including a roof deck and a 24-hour dootman.)

Still, it’s not bad for just about $300,000—and considering the building it’s in is now near one of the new Second Avenue subway entrances, there’s a chance the value will increase over time. (Assuming the predictions about the line’s real estate influence come to pass, anyway.)


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